2025 budget proposal scales second reading at n’assembly

The 2025 appropriation bill has scaled the second reading at the national assembly. The budget passed the second reading during plenary on Thursday after an extensive debate by legislators in the senate and the house of representatives. On Wednesday, President Bola Tinubu presented a record N49.7 trillion as the proposed budget for 2025 to a […]

Enugu allocates N55bn for road projects, N50bn for gov’s office

The Enugu State Government has allocated N55 bn for the construction, reconstruction, and rehabilitation of urban and rural roads in the 2025 fiscal year. Additionally, the government has set aside funds for various offices, including N50.27 billion for the Office of the Governor, N665.71 million for the Deputy Governor’s office, and N3.42 billion for the […]

Putin Ready To Meet Trump ‘Anytime’ To Talk Ukraine Deal

US President Donald Trump (C) shakes hands with Russia’s President Vladimir Putin next to US First Lady Melania Trump (L) ahead a meeting in Helsinki, on July 16, 2018. The US and Russian leaders opened an historic summit in Helsinki, with Donald Trump promising an “extraordinary relationship” and Vladimir Putin saying it was high time […]

PoS operators increase withdrawal charges

Point-of-sale (PoS) operators across Nigeria have increased withdrawal charges from N100 to N150 or N200 for every N5,000 transaction. The operators attribute the hike to the N50 electronic money transfer levy imposed by the Central Bank of Nigeria (CBN) on financial technology (fintechs) companies. In September, fintech companies announced plans to introduce a N50 stamp […]

Wike revokes allocations of 762 landowners

Nyesom Wike, minister of the federal capital territory (FCT), has ordered the revocation of 762 plots of land belonging to individuals and corporate organisations. Public notices issued by the Federal Capital Territory Administration (FCTA) on Thursday said the affected groups failed to pay their certificates of occupancy (C-of-O) for the confiscated plots. Wike also threatened […]

Dangote Reduces Petrol Price to N899

Dangote Refinery and Petrochemical Company has reduced the price of a litre of petrol to N899 for independent marketers, FIJ is reporting. Independent marketers are private gasoline distributors who have depot facilities and network of retail stations where end users buy fuel from. This was announced by Anthony Chiejina, the company’s chief branding and communications […]

Fake police officer, two others arrested in Nigeria’s Southeast

The Anambra State Police Command said it has arrested one Chidi Ekwesiri aged 50 years from Umunya, Oyi Local Government Area, and two others, tormenting innocent residents of the state. In a press statement released Wednesday, the spokesman for the state police command, SP Tochukwu Ikenga, said the police recovered one automatic pump action gun […]