The Federal Ministry of Finance has said Nigeria’s economy is gaining stronger momentum, following a 4.43 per cent year-on-year expansion in real Gross Domestic Product (GDP) in the second quarter of 2026. According to the ministry, the latest figure represents an improvement from the 4.23 per
The Federal Government has dismissed claims that more than ₦8 trillion—equivalent to about two per cent of Nigeria’s Gross Domestic Product (GDP)—was spent outside the approved budget, describing the reports as inaccurate and misleading. In a statement issued on Sunday, the Federal Ministry of Finance said the allegations, which referenced comments attributed to the
…Targets SMEs and Local Businesses The Federal Ministry of Finance has approved payments to more than 1,240 contractors across Nigeria, in a move aimed at boosting liquidity for businesses and fulfilling the Federal Government’s outstanding financial obligations. According to a statement issued by the ministry, the approval was granted following a comprehensive
By Tanimu Yakubu Those who speak glibly about deficits, debt and fiscal expansion often reveal not economic sophistication, but economic illiteracy disguised as moral outrage. Much of today’s opposition rhetoric confuses accounting identities with ideological slogans and mistakes macroeconomic intervention for recklessness. A modern economy is not managed through market
President Bola Ahmed Tinubu has engaged top global investors in Paris, reaffirming his administration’s commitment to transparency, fiscal discipline, and sustained economic reforms aimed at stabilising Nigeria’s economy. At the high-level meeting, the Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, highlighted Nigeria’s economic performance,
….Shares Record ₦2.036 Trillion for March 2026 Second Time in 2026 Disbursements Top ₦2 Trillion Mark. Incoming Coordinating Minister of the Economy, Taiwo Oyedele, chaired his first FAAC meeting in his new ministerial role, overseeing the allocation of ₦2.036 trillion in Federation Account revenue for March 2026. This marks the second time this year that […]






