fg 8 trillion off budget spending claims

FG Rejects ₦8 Trillion Off-Budget Spending Claims, Fires Back at Opposition

The Federal Government has strongly denied allegations that it spent more than ₦8 trillion outside the approved 2026 budget, dismissing the claims as a misrepresentation of the International Monetary Fund (IMF)’s recent fiscal assessment and insisting that Nigeria does not operate a “shadow budget.” The controversy erupted after opposition figures, including former presidential candidate Peter…

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global markets

Global Markets Slip as Investors Worry About Tech and Economic Outlook

Global financial markets fell on Wednesday as investors reacted to rising uncertainty around major technology companies, persistent inflation pressures, and expectations over central bank policy decisions in the United States and Europe. Asian and European stock markets recorded losses as traders moved away from riskier assets, especially technology shares that have driven most of the…

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