Nigeria’s Fiscal Forecasting: IMF Reveals 13 Years of Inaccuracies
...Warns of Impending Systemic Failure
The International Monetary Fund (IMF) has raised alarm over Nigeria’s chronic budgeting inaccuracies between 2011 and 2023, revealing widespread overestimations in both revenue and expenditure!-->!-->!-->!-->!-->…
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IMF consultative report sparks debate on Nigeria’s economic path
Reactions, as usual, have followed the report issued by the IMF after its regular annual visit to Nigeria. The IMF conducts these visits as part of its obligation to member countries to assess their economic health and provide policy!-->!-->!-->…
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Corruption behind inflated petrol consumption figures – Dangote
Aliko Dangote
President of the Dangote Group, Alhaji Aliko Dangote, has said that Nigeria’s daily petrol consumption figure is higher than what the country consumes, stressing that the petroleum sector is riddled with corruption.
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Labour, Experts Back Dangote, Say Govt Refineries May Never Work
Dangote Refinery
Industry experts, petroleum products marketers and organised labour have backed Aliko Dangote’s recent assertion that Nigeria’s state-owned refineries under the Nigerian National Petroleum Company Limited (NNPC) may!-->!-->!-->…
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Shettima Arrives in London to Escort Buhari’s Remains Back Home
Vice President Kashim Shettima arrived in London on Monday morning following President Bola Ahmed Tinubu’s directive to accompany the remains of former President Muhammadu Buhari back to Nigeria.
He was received by Borno State!-->!-->!-->!-->!-->…
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Bridge gap trust with citizens, World Bank advises FG
World Bank
The World Bank, in its latest annual Country Policy and Institutional Assessment report for Sub-Saharan Africa, has said that Nigeria and other affected countries will need to meet the demands of their citizens amidst limited!-->!-->!-->…
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Nigeria: States’ Excessive Borrowing Profile
Despite the provisions of the Fiscal Responsibility Act on fiscal prudence and borrowing limits, it appears that many states are flagrantly breaching those extant rules.
According to a recent report by the Debt Management Office!-->!-->!-->!-->!-->…
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CBN fixes date for Monetary Policy Committee meeting
The Central Bank of Nigeria has announced Monday and Tuesday, July 21 and 22, 2025, as the 301st Monetary Policy Committee meeting.
The apex bank disclosed this in a notice released on its official website at the weekend.
The MPC!-->!-->!-->!-->!-->!-->!-->…
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Coleman Wires & Cables Worried Over Tariff Policy Guidelines Delay
...Marks 50 Years In Nigeria
Coleman Wires and Cables Industries Limited has highlighted Coleman’s remarkable journey from a trading outfit in 1975 to a manufacturing giant, while lamented delay in signing 2025 tariff policy!-->!-->!-->!-->!-->…
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Aero Contractors’ CEO slams $300 helicopter landing fee as illegal
Managing Director of Aero Contractors, Captain Ado Sanusi,
The Managing Director of Aero Contractors, Captain Ado Sanusi, has called on the federal government to immediately scrap the payment of $300 landing fees by helicopter companies!-->!-->!-->…
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