adminI have no regret removing fuel subsidy—Tinubu
President Bola Tinubu has reiterated that he has no regrets about removing the fuel subsidy, emphasising that the decision was necessary to secure Nigeria’s financial future. Speaking on Monday during…
Uzodimma allocates N20bn to livestock ministry —but education gets only N7bn in Imo 2025 budget
Imo State Governor, Senator Hope Uzodinma has presented a proposed budget estimate of 755.6 billion naira to the state House of Assembly for legislative consideration and approval. While presenting the…
Nigeria’s Economy Grew In Q3 2024, Says CBN
The economy grew by 3.46 per cent in Q32024, with output reaching ₦20.115 trillion, up from 3.19 per cent (₦18.285 trillion) in Q2 2024, driven mainly by the non-oil sector.…
Clark To Northern Govs: Stop Arrogance Of Power, Tax Reforms Must Go On
Elder statesman, Chief Edwin Clark, has faulted the pushback by the 19 northern governors against the tax reform bills introduced by President Bola Tinubu. “As far as I am concerned,…
NNPC says PH refinery has not shut down operations
The Nigerian National Petroleum Company (NNPC) Limited says the old Port Harcourt refinery has not shut down operations. Reports had made rounds that the refinery was nonfunctional months after a…
CBN Permits BDCs To Buy $25,000 Weekly To Meet Yuletide Demands
The Central Bank of Nigeria has granted temporary permission to Bureau de Change operators, to purchase up to $25,000 in foreign exchange weekly from the Nigerian Foreign Exchange Market, which…
Over 40 Million People Across West, Central Africa Are Struggling To Feed — Report
Over 40 million people across West and Central Africa are struggling to feed themselves during the 2024 post-harvest season. A statement released by the United Nations World Food Programme on…
Businesses Project Naira Depreciation Into Q1 2025 — CBN
The Central Bank of Nigeria has said businesses, while expressing optimism about the macroeconomic environment, have projected further depreciation of the naira this month and the first three months of…
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…
SPOTTED: State House budgets N15bn for SUVs, car tyres, office complex
The State House has earmarked N15.09bn for the purchase of tyres for bulletproof vehicles, Sport Utility Vehicles, operational vehicles, and plain cars, and the construction of an office complex for…
Tinubu presents ₦47.96trn 2025 budget
President Bola Tinubu has arrived the National Assembly for the presentation of the 2025 Appropriation Bill before the joint session of the National Assembly. President Tinubu came into the Chamber…
N’Assembly to extend 2024 budget cycle
The National Assembly is set to extend the 2024 budget cycle. It was also learned that the 2025 budget will be passed at the end of the year. President Bola…
W’Bank plans $1.65bn loans for Nigeria next year
The World Bank is set to decide on three major loan projects for Nigeria in 2025, totalling $1.65bn, as part of efforts to address critical developmental challenges in the country.…
FG okays 2025 budget, sets $75 per barrel oil benchmark
The Federal Executive Council on Monday approved the 2025 Budget Proposal. The Minister of Budget and Economic Planning, Atiku Bagudu, revealed this to State House Correspondents after the Council met…
BREAKING: Nigeria’s inflation rate now at to 34.6%
The National Bureau of Statistics says Nigeria’s inflation rate rose to 34.6 percent in November — up from 33.8 percent in October. In its consumer price index (CPI) report for…