Nigeria Economy

124 Articles
Economy

FG Allocates N6.04bn to Salaries for Dormant Ajaokuta Steel Company in 2026 Budget

The Federal Government has earmarked N6.04 billion for personnel costs at the Ajaokuta Steel Company Limited (ASCL) in the 2026 budget, despite the...

Economy

FG Reviews Tariff Policies to Boost Local Production, Protect Industries

The federal government has initiated a strategic review of Nigeria’s tariff policies to encourage local production, safeguard domestic industries, and reduce the cost...

Economy

Former CBN Deputy Governor Credits Tinubu’s Economic Reforms for ilising Nigeria’s Economy

Former CBN Deputy Governor Credits Tinubu’s Economic Reforms for Stabilising Nigeria’s Economy Dr. Tunde Lemo, a former deputy governor of the Central Bank...

Economy

States to Receive N5.07tn VAT Allocation in 2026 as New Sharing Formula Takes Effect

Nigeria’s 36 states are projected to receive a combined N5.07tn as their share of Value Added Tax (VAT) in 2026, following the implementation...