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1 Aug 23
The controversial removal of an expensive fuel subsidy has saved the Nigerian government more than 1trn naira that will fund new social spending including expanding education, president Bola Tinubu...
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12 Jun 23
The Nigerian government has suspended the governor of its central bank amid an ongoing investigation.
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30 May 23
Nigeria's elections didn't follow the script. Do they represent the end of business as usual?
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17 May 23
Campaigners have called on the World Bank to delay payment of an $800m loan.
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28 Apr 23
The Nigerian government has delayed plans to remove expensive fuel subsidies, despite senior officials recognising the relief is “not sustainable”.
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16 Mar 23
The Nigerian government has launched a $670m fund to help young tech entrepreneurs who face difficulty accessing finance – a longstanding barrier to the country’s digital sector.
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30 Jan 23
The risk of higher government deficits has prompted another downgrade in Nigeria’s credit rating, Moody’s has said.
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18 Nov 22
Most people in Nigeria lack adequate access to cooking fuel, water sanitation, healthcare, food security and housing, the nation’s official statistics body has found.
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24 Oct 22
The energy crisis has hit progress by Nigeria on turning its finances around, according to a ratings agency.
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26 Aug 22
The Nigerian government aims to raise an initial $10bn of finance to help implement its planned energy decarbonisation, ahead of an international climate change conference.
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26 Jul 22
Nigeria’s revenue fell below the cost of servicing its debt in the early months of 2022, despite high oil prices.
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19 May 22
The Nigerian anti-corruption agency has arrested the country’s accountant general during an investigation into fraud and money laundering.
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23 Mar 22
The Nigerian government should repurpose money spent on fuel subsidies to fund reforms aimed at reducing poverty, according to the World Bank Group.
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25 Oct 21
Nigeria’s new digital currency is expected to increase tax takings and drive economic growth, the country’s president has said.
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22 Sep 21
The Nigerian government received 33% more income from a eurobond than previously expected, which it described as an “excellent outcome”.
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27 Aug 21
The Nigerian government spent more than 90% of its revenues in the first half of this year on servicing debts, according to the nation’s budget office.
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15 Jun 21
Fiscal reforms Nigeria began during 2020 need to be completed to support the economic recovery from Covid-19, the World Bank has said.
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21 Apr 21
Politicians in Nigeria’s major financial centre have set up an anti-corruption agency to investigate officials and contractors suspected of misusing public funds.
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15 Sep 20
Nigerian health workers have begun a strike over demands for an allowance for dealing with Covid-19 patients.
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13 Jul 20
The head of Nigeria’s official anti-corruption agency has been suspended after the body was accused of diverting funds recovered as a result of its investigations.
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30 Apr 20
Nigeria has been given an emergency $3.4bn support package from the IMF to deal with the economic impact of coronavirus and the sharp fall in oil prices.
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7 Apr 20
Nigeria has asked for nearly $7bn from multilateral lenders to help it fight the impact of the coronavirus pandemic after its economy was hit by falling oil prices.
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10 Mar 20
Nigerian senate has approved a $22.7bn external borrowing plan, set out by president Muhammadu Buhari.
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24 Oct 19
Nigeria’s anti-corruption agency has achieved a record number of convictions this year, earning it praise from the country’s Senate.
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11 Apr 19
Public services and infrastructure in Nigeria are under strain and the country must diversify its revenue sources says the IMF.
1 Aug 23The controversial removal of an expensive fuel subsidy has saved the Nigerian government more than 1trn naira that will fund new social spending including expanding education, president Bola Tinubu...
12 Jun 23The Nigerian government has suspended the governor of its central bank amid an ongoing investigation.
30 May 23Nigeria's elections didn't follow the script. Do they represent the end of business as usual?
17 May 23Campaigners have called on the World Bank to delay payment of an $800m loan.
22 Sep 21The Nigerian government received 33% more income from a eurobond than previously expected, which it described as an “excellent outcome”.
