President Bola Tinubu has given Nigeria’s 2025 budget a significant boost, increasing the proposal from ₦49.7 trillion to a whopping ₦54.2 trillion, fuelled by fresh revenue streams. The budget adjustment was delivered to both the Senate and the House of Representatives via separate letters, which were read aloud by Senate President Godswill Akpabio during a…
Several attempts and efforts had been made to enhance rapid and smooth transportation experience in Lagos state by the governments, both past and present. Critics opined that there is still work to do. The current government under Governor Babajide Sanwo-Olu has delved into a novel project targeting an improved transportation sector, aligning with a popular…
Korede Abdullah in Lagos Nigeria’s foreign exchange reserves have taken a significant fall, declining by $1.16 billion in just three weeks. According to the Central Bank of Nigeria (CBN), the reserves dropped from $40.877 billion in December 2024 to $39.723 billion on January 31. This decline is a cause for concern, as it raises questions…
…China to Impose tariffs on US Imports The US Postal Service (USPS) said it has stopped accepting parcels from mainland China and Hong Kong until further notice as President Donald Trump administration moves to implement a set of tariffs regime. Details about the decision remain sketchy. Letters will not be affected by the suspension, said…
Hussaini Kafi in Kano Governor Abba Kabir Yusuf of Kano State has warmly received the Ambassador of the Republic of Tunisia to Nigeria, His Excellency Mohsen Antit, along with a high-powered delegation of government officials and business leaders. This was contained in a statement issued by the governor’s spokesperson, Sanusi Bature Dawakin Tofa, on Monday….
In a move to address Nigeria’s growing skills gap, the Tertiary Education Trust Fund (TETFund) and the Nigerian Academy of Engineering (NAE) have formalised a partnership aimed at revolutionising the country’s Technical and Vocational Education and Training (TVET) sector. The collaboration, marked by a Memorandum of Understanding (MoU) signed in Abuja on Monday, seeks to…
For years, Nigerians held onto the belief that refining crude oil locally would bring relief from soaring petrol prices. The hope was simple: eliminate fuel imports, cut out extra costs, and make petrol more affordable for all. Yet, even with the launch of the much-anticipated Dangote Refinery and the partial activation of the Port-Harcourt Refinery,…
Hussaini Kafi in Kano Kano State Governor, Abba Kabir Yusuf, has honoured 35 distinguished indigenes for their exceptional contributions to various fields, including security, academia, and public service. The recognition took place during a ceremony on Saturday, bringing together dignitaries from different sectors to celebrate Kano’s finest talents. In a statement issued by his spokesperson,…
Nigerians should brace for a fresh hike in electricity tariffs, as the federal government prepares to implement the increase “over the next few months.” This move is aimed at transitioning the country’s electricity sector to a cost-efficient, cost-reflective tariff system that can attract private investments, according to President Bola Tinubu’s Special Adviser on Energy, Olu…
The Federal Housing Authority (FHA) has issued a three-month deadline for estate developers in Lugbe, Karu, and Kubwa areas of the Federal Capital Territory (FCT) to regularize their construction approvals. The FHA also announced the suspension of all ongoing developments in these areas until the necessary documentation is provided. In a statement released on Sunday,…
Want to be notified when our article is published? Enter your email address and name below to be the first to know.
