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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.
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5 Dec 18
The Nigerian central government will hand $700m to local authorities to improve governance and public financial management, the president has said.
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30 Oct 18
Nigerian states are lagging behind in the adoption of international accounting standards, the country’s accountant general has warned.
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2 Aug 18
A Nigerian accountancy body is pushing for accountability and enhanced management of public funds at all levels of the government through its new index.
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24 Jul 18
The UK will help Nigeria to build a sustainable economy and enable rural communities to become self-sufficient, Britain’s international development secretary has pledged.
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17 Jul 18
The Institute of Chartered Accountants of Nigeria plans to introduce an accountability performance assessment index for the public sector.