The Federal Government has paid N1.2 trillion of Nigeria’s N2.3 trillion outstanding power sector debt to ease liquidity pressures and improve electricity supply.
President Bola Tinubu will present the 2027 budget proposal to a joint session of the National Assembly before the end of December, 2026.
Nigeria’s net foreign reserves have risen to more than $45 billion from less than $1 billion in 2023, says Finance Minister, Mr Taiwo Oyedele.
The Federal Executive Council (FEC) has approved N631.3 billion for nine road projects nationwide to improve connectivity, ease transportation and support economic growth.
Vice-President Kashim Shettima says women and young people must play central roles in building Nigeria’s proposed $1 trillion economy through enterprise, investment and innovation.
The Federal Executive Council (FEC) has approved N45.8 billion for a biosecurity and disease surveillance system at five international airports to strengthen Nigeria’s capacity to detect...
The Central Bank of Nigeria (CBN) says it will consider financial institutions’ challenges in meeting the January 2027 data-localisation deadline, as a survey shows gaps in...
MTN Group plans to establish a large data centre in Nigeria to strengthen the country’s capacity to host sensitive digital information locally.
The Trade Union Congress of Nigeria (TUC) has rejected the Federal Government’s proposed N70,000 transport allowance, demanding an immediat salary review to cushion current economic hardship.
President Bola Tinubu will depart Abuja on Thursday for Makkah, Saudi Arabia, to perform Umrah and offer prayers for Nigeria’s peace, unity, stability and continued progress.
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