Hafsat Ibrahim

Transport Sector to Become Economic Powerhouse, Tinubu Says

President Bola Tinubu has pledged to make the transport sector, a pride of Nigeria’s economy.

CBN Harps on Financial Inclusion Through SMEs

The Central Bank of Nigeria (CBN) has organised public engagement to sensitise critical stakeholders and the public on how the Bank’s policies and innovations can enhance livelihoods and contribute to the country’s economic growth.

Lagos, Ogun Get N13bn to Boost Power Infrastructure

The Federal Government has approved the sum of N13 billion for critical power infrastructure projects in Lagos and Ogun States, as part of efforts to strengthen the country’s electricity supply and boost industrial growth.

FG Approves N16.7bn for Mokwa Bridge Reconstruction

President Bola Ahmed Tinubu has approved the release of N16.7 billion for the immediate reconstruction of the Mokwa Bridge in Niger State, which was destroyed by floods in May this year.

‎FAAC Shares ₦6trn with States, LGAs in H1 2025

‎The Federal Account Allocation Committee (FAAC) disbursed over ₦6 trillion to Nigeria’s 36 states and 774 local governments between January and June 2025, according to newly released figures. The allocations reflect significant regional disparities, with oil-producing South-South states and Lagos topping the charts.

Nigeria’s Inflation Rate Drops to 21.8%

The National Bureau of Statistics (NBS) says Nigeria’s headline inflation rate dropped to 21.88 percent in July 2025, down from 22.22 percent June.
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