The National Assembly Joint Committees on Appropriations and the Presidential Economic Team have agreed that the economic ...

Natural gas capex will continue to be driven by the need to replace mature gas distribution infrastructure over the long term ...

The National Assembly has appraised the performance of the 2024 Budget and passed a damning verdict: there were huge ...

Currently, 41% of taxes collected by the Centre is devolved in installments among states during a fiscal year.

The money released will help finance states’ development and welfare-related expenditures, the Centre has said ...

Amid multiple headwinds and weak macroeconomic and microeconomic conditions, a sustained easing of banking system liquidity ...

The equity market has climbed consistently over the past few years on the global economy recovering from the COVID-19-fueled ...

Titus Okunrounmu, a former director of the CBN, has advised the federal government to only borrow for capital expenditure.

The national assembly has raised concerns over the “poor” funding of the capital components in the 2024 budget.

India's federal government said on Friday it has released 1.73 trillion rupees ($20.13 billion) as tax devolution to states to boost capital spending, fund development and welfare expenditure.