The Nigeria House of Senate has approved the 2025 Appropriation Bill, passing a total budget estimate of ₦54.99 trillion. The budget includes allocations for statutory transfers, recurrent expenditures, capital projects, and debt servicing, with a fiscal deficit of ₦13.08 trillion. Key breakdowns are as follows: Total Expenditure: ₦54.99 trillion; Statutory Transfers: ₦3.65 trillion; Recurrent (Non-Debt) […]
The Federal Government has opened conversations with the International Finance Corporation – a member of the World Bank Group – on policy formation to utilise the capital market and other available funding options within Nigeria to fund infrastructure development through Public Private Partnership.
President Bola Tinubu has raised the proposed 2025 budget from ₦49.7 trillion to ₦54.2 trillion, citing additional revenues generated by key government agencies.
Nigerian illegal immigrants in the United States have reportedly resorted to hiding and restricted movement to avoid being arrested and deported by the President Donald Trump’s government.
The European Union has unveiled a three-year grant worth €300,000 to strengthen the secretariat of the European Chamber of Commerce, Eurocham, Nigeria.
The Federal Government says not less than 828 illegal immigrants were deported in 2024 as part of its intensified efforts to combat irregular migration and tighten national security. The Minister of Interior, Olubunmi Tunji-Ojo, disclosed this while speaking with journalists in Abuja. Speaking on the government’s achievements, Tunji-Ojo noted that in the last one year, […]
The Federal Government of Nigeria has been reported to be actively working to enhance its domestic drone technology capabilities and has engaged representatives of a China-based global leader in tactical drone solutions, Loong UAV.
Striking resident doctors in the Federal Capital Territory, FCT, have blasted the FCT Minister, Nyesom Wike, for neglecting health facilities and workers’ welfare in the nation’s capital, Abuja. Speaking to journalists, the President of resident doctors in the FCT, George Ebong, said though Wike has been busy fixing roads, he has abandoned government-owned health institutions […]
President Bola Tinubu has assured a global audience in the United Arab Emirates that Nigeria is ready to work with other nations to build a resilient, equitable, and sustainable world for all.
The National Assembly, through its joint committee on Industry, Trade and Investment, has declared that Nigeria is fooling itself over border closure in view of cross border banditry taking place in states sharing borders with Niger and the Republic of Chad. Lamentation on closed but porous borders came to the fore during 2025 budget defence […]