Share Nigeria is targeting to increase revenue as a percentage of GDP to 15 percent by 2023 from the current level of 6 percent, through a new growth plan, according to Zainab Ahmed, minister of finance, budget and national planning. This is as the government is looking to grow its income stream. Analysts say that this ambitious revenue target would require the government’s blood, sweat and tears if it must be achieved.
The average retail price of Premium Motor Spirit (PMS) across Nigeria increased to N1,288.54 per litre in March 2026, according...
The International Monetary Fund (IMF) has declined to recommend whether Nigeria should prioritise external or domestic borrowing, insisting instead that...
Nigeria’s headline inflation rate dropped to 20.12% in August 2025, marking its fifth consecutive month of decline from 21.88% in...
Across Africa, central banks are wielding high Monetary Policy Rates (MPRs) as a weapon against persistent inflation, currency volatility, and...
