The Nigerian Senate has approved the Rivers State 2025 budget for its second reading, marking an important step in managing the state’s finances amid an ongoing State of Emergency. The …
GOVERNMENTNigeriaPoliticsSecurity
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GOVERNMENT
- EconomyGOVERNMENTNigeriaPolitics
Political Tension Builds as Key Figures Rally to Challenge President Tinubu’s 2027 Re-Election Bid
As Nigerians continue to struggle with inflation and a rising cost of living, the political scene is getting hotter ahead of the 2027 presidential election. President Bola Ahmed Tinubu, who …
- BusinessBusiness PoliciesEconomyFinance & ServicesGOVERNMENTMarketsPolicies
Despite Economic Hardship, Nigeria’s Capital Market Remains Strong Under Tinubu — Amolegbe
The Managing Director and Chief Executive Officer of Arthur Stevens Asset Management Limited, Olatunde Amolegbe, has said that Nigeria’s capital market has been one of the few bright spots in …
- GOVERNMENTNewsNigeriaReal Estate
Godwin Emefiele Appeals Against Government’s Seizure of 753-Unit Abuja Estate
Former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, has taken a fresh legal step to challenge the government’s control of a large housing estate in Abuja. Emefiele has filed …
- DevelopmentGOVERNMENTInfrastructureNigeria
House of Reps Approves ₦1.81tn 2025 FCT Budget, Majority Allocated to Capital Projects
The House of Representatives has approved the sum of ₦1.81 trillion as the 2025 budget for the Federal Capital Territory (FCT), following the bill’s successful passage at the third reading …
- DevelopmentEconomyEducationGOVERNMENTInfrastructurePolitics
Delta State Records 90% Surge in Internally Generated Revenue as Governor Oborevwori Boosts Public Service and Infrastructure
Governor Sheriff Oborevwori of Delta State has announced a remarkable boost in the state’s Internally Generated Revenue (IGR), which surged from N83 billion in 2023 to N158 billion in 2024. …
- EconomyEnvironmentGOVERNMENTLabourNigeria
Lagos Government Pays Over N70bn Pension to Nearly 21,000 Retirees in Six Years
The Lagos State Government has announced that it has disbursed a total sum of ₦70.19 billion as accrued pension rights to 20,956 retirees across various government sectors since the beginning …
- BusinessBusiness PoliciesEconomyGOVERNMENTInfrastructurePolicies
FG’s Series VII Sovereign Sukuk Records ₦2.21tn Oversubscription, Shows Growing Investor Confidence
The Federal Government of Nigeria has recorded massive investor interest in its latest Sovereign Sukuk, with the Series VII attracting over ₦2.21 trillion in subscriptions. This figure, announced by the …
- AfricaDevelopmentEconomyGOVERNMENTInfrastructureInternational RelationsNigeria
PMI Warns African Governments to Improve Project Delivery as US Cuts $555m from African Development Fund
The Project Management Institute (PMI) has called on African governments, including Nigeria, to prioritise efficient project execution in response to a $555 million reduction in United States contributions to the …
- Dangote IndustriesDevelopmentELECTRICITYEnvironmentGOVERNMENTInfrastructure
Ogun Assembly Urges IBEDC to Restore Power to Communities Affected by Dangote Truck Damage
The Ogun State House of Assembly has called on the Ibadan Electricity Distribution Company (IBEDC) to promptly restore electricity to several communities in Yewa North affected by the destruction of …