The International Monetary Fund (IMF) has praised the Central Bank of Nigeria (CBN) for the bold reforms it introduced to stabilise the economy, but warned that Nigeria may exceed its …
2025 budget
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DevelopmentEconomyFinance & ServicesGOVERNMENTInternational RelationsOil & Gas
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EconomyFinance & ServicesGOVERNMENTInfrastructurePolitics
Senate, Reps Extend 2024 Capital Budget to December 2025 Amid Criticism
For the second time this year, Nigeria’s Senate and House of Representatives have approved an extension of the capital component of the 2024 national budget to December 31, 2025. The …
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AgricultureBusinessBusiness PoliciesDevelopmentEastern AfricaEconomyFinance & ServicesGOVERNMENTPoliciesRwandaRwanda Daily
Rwanda’s Economy to Grow Slower in 2025 as Government Budget Increases by 20%
Rwanda’s Finance Minister, Yusuf Murangwa, has told the nation’s parliament that the country’s economy will grow at a slower pace in 2025 compared to last year. Presenting a draft budget …
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EconomyFinance & ServicesInternational RelationsMarketsOil & GasTrade and Commerce
Turkey’s Top Oil Refiner Buys Nigerian Crude, Giving Boost to Nigeria’s Revenue Plan
Nigeria’s oil revenue is set for a boost as Turkey’s biggest oil refining company, Tupras, has placed new orders for Nigerian crude oil expected to arrive between March and April …
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The Lagos Chamber of Commerce and Industry (LCCI) has expressed serious concern about the feasibility of funding Nigeria’s capital expenditure in the 2025 national budget, warning that the current fiscal …
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EconomyFinance & ServicesGOVERNMENTInternational RelationsOil & Gas
Nigeria’s Crude Oil Output Drops Again As Prices Fall, Budget Under Threat
Nigeria’s daily crude oil production has dropped again in March 2025, raising more concerns about the country’s ability to meet its budget plans for the year. This is coming at …