adminRivers assembly gives Fubara 48 hours to submit 2025 budget
The Rivers State House of Assembly has given the state governor, Similaya Fubara 48 hours to present the 2025 budget to the lawmakers. The lawmakers made the request during…
Direct CBN to suspend ATM fee hike pending court verdict, SERAP tells Tinubu
Socio-Economic Rights and Accountability Project (SERAP) has urged President Bola Tinubu to “direct Mr. Olayemi Cardoso, Governor of the Central Bank of Nigeria (CBN) to suspend the implementation of…
Tinubu signs N54.99tn 2025 budget into law
President Bola Tinubu has signed into law the N54.99tn 2025 Appropriation Bill. Tinubu signed the budget in the presence of principal officers of the National Assembly and other top…
EXTRA: Revenue Service Bill Will Push Us Out Of Business, Says Customs Boss
The Comptroller General of the Nigeria Customs Service (NCS), Adewale Adeniyi, says the proposed Nigeria Revenue Service Bill in the National Assembly threatens the existence of his agency. He…
World Bank to approve $2.2bn loan for Nigeria in 2025
The federal government is expected to receive new loans from the World Bank, totalling $2.2 billion in 2025. According to the Washington-based financial institution’s project list, the $2.2 billion…
CBN frustrating probe into N30trn ‘ways and means’ advance — Senate panel
The Senate Ad-hoc Committee investigating the N30 trillion Ways Means advance incurred by the administration of former President Muhammadu Buhari, on Tuesday, accused the Central Bank of Nigeria (CBN)…
CBN retains interest rate at 27.5%
The Central Bank of Nigeria, CBN, has retained the Monetary Policy Rate, MPR, its benchmark interest rate at 27.5%. Governor CBN, Mr Olayemi Cardoso, disclosed this at the end…
Nigeria importing 25m litres of petrol daily – FG
The Federal Government on Wednesday disclosed that Nigeria’s petrol consumption has dropped to 50 million litres per day, with local refineries supplying half of the daily requirements. The government…
NNPC denies importing 200m litres of petrol in February
The Nigerian National Petroleum Company (NNPC) Limited has denied importing 200 million litres or any volume of premium motor spirit (PMS) in 2025. On February 13, a publication claimed…
N’Assembly adjusts 2025 budget, raises recurrent expenditure
The National Assembly has rescinded some items in the 2025 Appropriation Bill passed by the Senate and House of Representatives last week after detecting errors in the line items…
Nigeria’s inflation dropped to 24.48%
The National Bureau of Statistics has disclosed that Nigeria’s headline inflation was 24.48 per cent in January 2025 following the rebasing of the consumer price index. This was disclosed…
Ditch foreign aid or remain trapped — Okonjo-Iweala warns African leaders
The Director-General, World Trade Organisation (WTO), Dr. Ngozi Okonjo-Iweala, has called on African leaders to stop relying on foreign aids and focus on mobilising domestic resources to attract investments…
NASS Passes ₦54.99trn 2025 Budget
The National Assembly on Thursday passed the ₦54.99trn 2025 Appropriation Bill. The bill was passed separately by the Senate and the House of Representatives. A breakdown of the budget…
NLC orders boycott of MTN, Airtel, Glo over tariff hike
The Central Working Committee of the Nigerian Labour Congress has directed workers and other willing citizens to boycott services of telecommunications giants such as MTN, Airtel and Glo…
Tinubu asks n’assembly to increase 2025 budget from N49trn to N54trn
President Bola Tinubu has asked the national assembly to increase the proposed 2025 budget to N54.2 trillion. Tinubu had asked the national assembly to approve N49.7 trillion for the…