Lagos generates N2.6tn revenue, keeps debt below fiscal risk threshold
The Lagos State Government says it generated a record N2.6 trillion in revenue in 2025, a 16 per cent increase from the N2.3 trillion recorded in 2024, while maintaining what
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Nigeria’s debt rises to ₦159.28trn as borrowing jumps ₦14.6trn in one year
Nigeria’s total public debt climbed to ₦159.28 trillion as of December 2025, reflecting a sharp increase driven by continued government borrowing and currency pressures. Data released by the Debt Management
Tinubu sets up ministerial panel to clear ₦1.5tn contractor debts
President Bola Tinubu has created a high-level committee to tackle the mounting backlog of unpaid federal contractors, after expressing what officials described as “grave displeasure” over delays affecting thousands of
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