fiscal policy
Nigeria Borrowing Rises to N8.1 Trillion in Q1 2026 Amid Debt Concerns
Nigeria’s fiscal pressures deepened in the first quarter of 2026 as the Federal Government increased domestic borrowing to N8.1 trillion, representing a 7.4...
Oyedele Denies Admitting Errors in Nigeria’s Tax Reform Laws
The Minister of State for Finance, Taiwo Oyedele, has dismissed reports claiming he admitted flaws in Nigeria’s newly introduced tax reform laws, describing...
Nigeria Monitors Middle East Tensions Amid Possible Economic Policy Adjustments
The Federal Government has said it is closely monitoring global developments following escalating tensions involving Iran, the United States and Israel, noting that...
Tinubu Nominates Taiwo Oyedele as Minister of State for Finance
President Bola Tinubu has nominated Taiwo Oyedele as the new Minister of State for Finance, replacing Doris Uzoka Anite in a cabinet reshuffle...
IMPI Hails Tinubu Administration for Economic Turnaround in Nigeria
The Independent Media and Policy Initiatives has commended President Bola Tinubu for implementing economic policies that have set Nigeria on a path of...
Economists Warn AI Boom Will Not Resolve Structural Fiscal Pressures in Major Economies
While the rapid expansion of artificial intelligence is transforming industries and driving innovation across the globe, economists caution that the AI boom alone...
Indonesia Government Spending Surges 26 Percent in January as Budget Deficit Widens
Indonesia recorded a 26 percent increase in government spending in January compared with the same period a year earlier, leading to a wider...
Maldives Official Reserve Assets Rise Above One Billion Dollars for the First Time
The Maldives has reported that its official reserve assets have surpassed one billion dollars for the first time, a milestone that authorities describe...
South African Rand Edges Up Ahead of National Budget Focus This Week
The South African rand strengthened modestly against major currencies as investors turned their attention to the country’s upcoming national budget announcement. Market participants...
Capital Gains Tax Revenue Hits N522bn on Oil Asset Sales, Surpasses Target by 869 Percent
Capital Gains Tax collections surged to N522bn in 2025, representing an 869 percent performance against target, driven largely by divestments in Nigeria’s upstream...
