adminNLC 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…
Tinubu Inherited N87.38trn Debt — Official
The Debt Management Office (DMO) has said President Tinubu inherited a total of N87.38 trillion debt upon assumption of office. President Tinubu took office on May 29, 2023. The…
N8bn budget allocation for anti-vandalism advocacy, says Adelabu
The Minister of Power, Adebayo Adelabu, has reassured Nigerians of his commitment to delivering a stable electricity supply, stating that efforts are ongoing to improve the country’s power infrastructure. Adelabu…
FG spent N9.74bn on food palliatives – Report
The Federal Government has spent a total of N9.74bn on the procurement and distribution of food items as part of efforts to mitigate the impact of the food crisis across…
FG, States, LGAs Share ₦1.424tn FAAC Revenue In December 2024
A total sum of ₦1.424 trillion, being December 2024 Federation Accounts Revenue, has been shared among the Federal Government, States and Local Government Councils. The revenue was shared at the…
Reforms: World Bank Projects Economic Growth For Nigeria In 2025, 2026
The World Bank has projected 3.6 per cent average economic growth for the Nigerian economy between 2025 and 2026 following ongoing reforms by the Federal Government. The global bank stated…
Nigeria’s inflation hit 34.80% in December – NBS
The National Bureau of Statistics has reported that Nigeria’s inflation rate rose to 34.80% in December 2024, reflecting a slight increase from the 34.60% recorded in November. According to the…
N’assembly panel queries FRSC for ‘generating N5.2bn but remitting N1.9bn
The national assembly joint committee on finance has queried the Federal Road Safety Corps (FRSC) for allegedly generating N5.2 billion but only remitting N1.9 billion to the coffers of the…
Inflation May Drop To 27% By December — Report
Nigeria’s headline inflation rate is projected to average 30.5% year-on-year in 2025 and settle at 27.1% by December 2025. According to the latest NESG-Stanbic IBTC Business Confidence Monitor report, the…
Senate panel orders NOA, NAN to rework 2025 budget proposals
At the budget defense session on Thursday, the Senate Committee on Information and National Orientation directed the National Orientation Agency (NOA) and the News Agency of Nigeria (NAN) to revise…
NBS to introduce three new indexes in inflation report:
The National Bureau of Statistics has revealed that it will be introducing three new indexes in its monthly Consumer Price Index. This was revealed on Thursday at the sensitisation workshop…
Tinubu approves $20,000 medical allowance, other perks for retiring military chiefs, generals
President Bola Tinubu has approved a new retirement package for service chiefs and generals, including a $20,000 annual medical allowance for foreign treatment, bulletproof SUVs, and domestic staff. According to…
Governors forum cancelled meetings four times, Tax Reform chair reveals
Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has shed light on the difficulties encountered in engaging state governors regarding tax reforms. Speaking during an…
Net Forex Inflows Rises To $4692bn, Says CBN
Data from the Central Bank of Nigeria said the net foreign exchange (FX) inflows through the economy rose by 65.7 per cent year-on-year (YoY) to $46.92 billion in the first…