Introduced at a time of severe fiscal strain, SFTAS was designed to incentivize states to undertake reforms aligned with the ...

The Nigerian government's N54.43tn 2026 budget proposal includes a N20.1tn deficit and N15.91tn for debt service, sparking ...

Economic analysts have expressed grave concern over Nigeria’s newly approved 2026–2028 Medium-Term Expenditure Framework, ...

The World Bank today released the Fiscal Governance Reform in Nigeria: Lessons from the State Fiscal Transparency, Accountability and Sustainability Program (SFTAS), a report reviewing one of ...

ABUJA, Dec 21 (Reuters) - Nigeria's President Muhammadu Buhari has approved an 819.5 billion naira ($2 billion) supplementary budget for 2022 to help deal with the impact of recent flooding, after the ...

The Kaduna State Government spent N254.9 billion out of the N309.9 billion budgeted for 2022, representing 82.2 per cent budget performance, leaving a variance of N55 billion. This is according to the ...

Stephen Onyeiwu does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond ...

ABUJA, Dec 28 (Reuters) - Nigeria's Senate on Wednesday increased the 2023 budget by 6.4% to 21.83 trillion naira ($49 billion) and delayed a decision to the president's request to convert central ...

A new report by the International Monetary Fund (IMF) has exposed persistent and significant errors in Nigeria’s fiscal forecasting between 2011 and 2023, raising serious concerns over the credibility ...

For Nigeria and Nigerians, the year 2022 was a rollercoaster ride of sorts. As a year preceding the country’s general elections in 2023, it was expected to hold a lot of political drama. But there was ...