Nigeria recorded a fiscal deficit of N7.5 trillion in 2022, according to the latest data from the nation's budget office.
The deficit, which has expanded every year since 2015, is another sign of the tough task ahead of Nigeria's new finance minister, Wale Edun.
The government had budgeted a r
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Folake Balogun
Folake Balogun is a tech journalist covering Africa’s fast-growing digital economy with a strong focus on incisive analysis of startup trends, venture capital, and fintech innovation, while also exploring emerging technologies such as artificial intelligence and the future of connectivity by highlighting their economic and social impact.
