Economy
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Tinubu jerks up 2025 budget to N54.2trn, gives reason
President Bola Tinubu has raised the proposed 2025 budget from N49.7 trillion to N54.2 trillion, citing additional revenues generated by…
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Subsidy Removal: Oil marketers escalate borrowing, transfer burden to motorists
Against the backdrop of sharp rises in cost of procuring products and interest rates in banks, petroleum marketers have recorded…
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Tinubu govt secures $1.1bn AfDB loan to provide electricity for 5million people
Nigeria has secured a $1.1 billion loan from the African Development Bank (AfDB) to provide electricity for 5 million people…
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767 manufacturing companies shut down in Nigeria with N350bn goods unsold in 2023
The Manufacturing Association of Nigeria (MAN) has reported a concerning trend within the industry, revealing that about 767 manufacturing companies…
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Inflation, weak naira may push 13million Nigerians into poverty — PwC Report
At least 13 million Nigerians will be plunged into poverty in 2025 due to high inflation, rising interest rates and…
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NIMC partners RH-NHGSF to enhance school feeding initiative
In line with President Bola Ahmed Tinubu’s Renewed Hope Mandate, the National Identity Management Commission (NIMC) has formed a strategic…
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FG disburses N22bn for partial payment of Oct 2023-Jan ’24 accrued pension benefits
The Office of the Accountant General of the Federation (OAGF) has released additional N22 billion as part of the 2024…
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Nigeria’s public debt hits N142trn as borrowing rises
Nigeria’s total public debt rose to N142.3 trillion as of September 30, 2024, representing an increase of 5.97 per cent…
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Hensard University, ERTHWO explore AI’s transformative power at international conference
The Education Research Technology and Human Welfare Organisation (ERTHWO), in collaboration with Hensard University Nigeria, has completed an online international…
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Tinubu doesn’t need your endorsement, advice on economic reforms, FG slams Emir Sanusi
The Federal government, on Thursday, hit back at Emir of Kano, Muhammadu Sanusi II, saying his help is not needed…
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