economy

Nigeria, Africa’s largest economy, has received over $11 billion in financial support from the World Bank Group in the last three years, according to the bank’s country director for Nigeria, …

Nigeria, Africa’s largest economy, is taking steps to ease the tax burden on businesses and attract more investment. The government plans to waive tax penalties, interest, and multiple taxes that …

Nigeria’s naira currency has fallen to a new low of N1040 per dollar in the parallel market, where most Nigerians buy and sell foreign exchange. This is according to a …

Nigeria’s three tiers of government shared a total of N1.1 trillion as revenue allocation for the month of August, according to the Federation Accounts Allocation Committee (FAAC). This represents an …

Nigeria spent more than it earned in 2022, using 106% of its total revenue to service its debt, according to a report by the Budget Implementation Committee. The report showed …