Nigeria's federal government reported a fiscal deficit of N330 billion for the third quarter of 2025, marking a significant decrease of 91% compared to previous periods. This substantial reduction in the deficit has sparked renewed cautious optimism among economists who have been closely observing the nation's public finances, which have faced ongoing challenges. The figures were detailed in the latest Fiscal Performance Report published by the Budget Office of the Federation, highlighting a potential shift in the country's fiscal management.
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