The Federal Government earned far less than expected from crude oil in the first half of 2025, even though crude oil production improved slightly during the period. According to the …
Government Policy
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EconomyEnergyGovernment PolicyNational BudgetOil & GasPublic Finance
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BankingDevelopmentEconomyGovernment PolicyInternational Affairs
World Bank Set to Approve $500m Loan to Boost MSME Financing in Nigeria
The World Bank is expected to approve a $500 million loan for Nigeria on Friday as part of efforts to expand access to finance for micro, small and medium enterprises …
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Financial RegulationGovernment PolicyLabour & EmploymentPensionPublic Finance
PenCom Recovers N4.04bn Unremitted Pensions in 11 Months
The National Pension Commission has recovered over N4.04 billion in unremitted pension contributions between January and November 2025, marking a major increase of more than 180 per cent compared with …
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EconomyGovernment PolicyInfrastructureINVESTMENTPublic HealthTransport
Four investors push for Lagos-Calabar highway concession
The Federal Government has said the Lagos-Calabar Coastal Highway project is already attracting strong interest from international investors, with at least four companies indicating willingness to refund the full cost …
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Debt Management,EconomyFinancial PlanningGovernment PolicyNational AssemblyNational BudgetPublic Finance
Salaries Exceed Federal Government Revenue as Capital Spending Slumps in 2025
Debt servicing and personnel costs have taken up more than the Federal Government’s total revenue in the first seven months of 2025, raising concerns about fiscal pressure, weak revenue performance …
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Business and EconomyDigital TransformationEducationGovernment PolicyInnovationTechnology
FG, Microsoft train 350,000 Nigerians in AI skills
The push to transform Nigeria into a global digital powerhouse has reached a significant turning point as Microsoft and the Federal Government announced that over 350,000 Nigerians have successfully completed …
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Government PolicyLagos NewsMaritimeSafetyTransportation & Logisitics
Lagos Unveils Major Maritime Logistics Reforms to Improve Safety
The Lagos State Government has announced a set of major reforms aimed at transforming maritime logistics, raising safety standards, and improving the welfare of truck operators across the state. The …
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EconomyFinanceGovernanceGovernment PolicyNational AssemblyNational BudgetPolitics
Tinubu Submits 2026–2028 MTEF/FSP to House of Reps for Approval
President Bola Ahmed Tinubu has formally transmitted the 2026–2028 Medium Term Expenditure Framework and Fiscal Strategy Paper to the House of Representatives for consideration and approval. The documents, which will …
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BankingEconomyFinance & ServicesGovernment PolicyINVESTMENTMarket Forecast
Naira Weakens Slightly at Official Market as Dollar Demand Increases Toward Year-End
Nigeria’s currency recorded a slight weakening at the official foreign exchange market on Monday, as the naira closed at N1,451.86 per US dollar, compared to N1,450.43 per dollar recorded at …
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BankingEconomyFinance & ServicesForex TradingGovernment PolicyMarketsRegulation
CBN Approves Only 82 Licensed BDCs After New Forex Rules, Warns Nigerians Against Unauthorised Operators
The Central Bank of Nigeria has confirmed that only 82 Bureaux De Change (BDCs) have been granted final approval to operate in the country after meeting its new and stricter …