The Project Herald | Intelligence on Projects & Business

missing ₦8.8 trillion the project herald

IMF Report Raises Questions Over Nigeria’s Fiscal Reporting as Government Rejects ‘Missing ₦8.8 Trillion’ Claim

Nigeria’s fiscal reporting framework has come under renewed scrutiny following observations contained in the International Monetary Fund’s (IMF) 2026 Article IV Consultation, which highlighted approximately ₦8.8 trillion in government expenditure that was not reflected in official budget documentation. The IMF estimated that the unrecorded expenditure represented about 2 percent of Nigeria’s Gross Domestic Product (GDP),

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export diversification the project herald

Why Export Diversification Matters More Than Export Volume

For decades, export performance has often been measured by a single question: How much did a country export? It is an important metric, but it is not always the most meaningful one. A country can record impressive export earnings while remaining economically vulnerable if those exports come largely from a single commodity or a narrow

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osun's mining intelligence the project herald

PROJECT ANALYSIS

Securing Mining Communities: What Osun’s New Intelligence Framework Could Mean for Investors, Communities and the Future of Mining The Osun State Government’s decision to establish a mining community intelligence framework is more than a security announcement. It reflects a growing recognition that the future of Nigeria’s mining industry will depend not only on the country’s

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impact of bank loan performance tp herald

Beyond the Balance Sheet: The Wider Economic Impact of Bank Loan Performance

Bank loan performance is often viewed through the lens of quarterly earnings, regulatory disclosures, or financial stability reports. Discussions typically focus on non-performing loans (NPLs), provisioning, and profitability—metrics that matter greatly to banks and investors. However, limiting the conversation to the banking sector overlooks a much broader reality. Loan performance is one of the clearest

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Ireland Opens Applications for Fully Funded Master’s Scholarships for Nigerians

ABUJA, NIGERIA — Nigerians seeking to pursue postgraduate studies abroad will soon have another opportunity as the Embassy of Ireland has announced that applications for the 2026 Ireland Fellows Programme will officially open on Monday, June 29, 2026. The programme offers fully funded scholarships for eligible early and mid-career professionals from Nigeria and Ghana to

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Can Nigeria Close a $2.3 Trillion Infrastructure Gap? New PPP Framework Faces Major Test

ABUJA, NIGERIA — Nigeria’s ambitious plan to close its estimated $2.3 trillion infrastructure deficit has entered a new phase following the Federal Government’s unveiling of a unified Public-Private Partnership (PPP) framework designed to accelerate investment in roads, railways, power, healthcare, housing, and other critical sectors. The new Model PPP Agreement, launched by the Infrastructure Concession

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Nigeria's Biggest Infrastructure Spenders in 2026

States With the Largest Capital Project Budgets in 2026

Infrastructure Spending Takes Center Stage Across Nigeria As Nigerian states continue to expand investments in roads, healthcare facilities, schools, transportation networks, and economic infrastructure, capital expenditure has emerged as a key indicator of development priorities in 2026. An analysis of approved and proposed state budgets shows that several states have allocated unprecedented amounts to capital

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How Thousands of Nigerians Are Earning in Dollars Without Leaving Home

A few years ago, the idea of earning a dollar salary while living in Nigeria sounded like a privilege reserved for a select few. Today, it is becoming a reality for thousands of Nigerians. Across the country, young professionals, graduates, freelancers, and entrepreneurs are finding ways to earn foreign income without boarding a plane or

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Thousands of Nigerian Graduates Are Turning to Ride-Hailing Jobs: What It Says About the Economy

For many young Nigerians, earning a university degree was once seen as a direct path to a stable career and financial security. Today, that dream is becoming increasingly difficult to achieve. Across major cities such as Lagos, Abuja, Port Harcourt, and Benin City, a growing number of university graduates are finding work behind the wheel

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Will the Economy Decide Nigeria's 2027 Presidential Vote?

WILL THE ECONOMY DECIDE NIGERIA’S 2027 ELECTION?

With Nigeria’s next presidential election still months away, political conversations across the country are increasingly returning to one issue: the economy. From market traders and civil servants to business owners and young graduates, economic conditions have become a major topic of discussion as Nigerians assess the impact of reforms introduced over the past three years.

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