We Are Prioritising Investment Over Borrowing - Edun   The Federal Government has improved its resource allocation strategy to enhance efficiency and sustainability while reducing reliance on high-cost commercial borrowing. The Minister of Finance and Coordinating Minister of the Economy, Wale Edun,...

NAHCO Retirees Demand Fair Share of N758bn Pension Fund   Retired workers of Nigerian Aviation Handling Company Plc (NAHCO) have appealed to the Federal Government to prioritise them in the next disbursement of President Bola Tinubu’s N758bn pension bond. Speaking with journalists...

February Foreign Exchange Reserve Drops by $1.3bn   Nigeria’s foreign exchange reserves fell by $1.31bn in February 2025, reflecting sustained external pressures amid the recent appreciation of the naira. Data from the Central Bank of Nigeria (CBN) showed that reserves declined from...

Nationwide Blackout as Electricity Grid Collapses Again   Again, many parts of Nigeria were left in darkness yesterday, as the national grid abruptly lost over 2,000 megawatts, resulting in about the second supply disturbance for the year 2025. This occurred same day...

Tinubu Rejects N942bn Census Budget   President Bola Tinubu has turned down a N942bn proposal by the National Population Commission (NPC) for the conduct of the national housing and population census. Impeccable sources privy to the discussions between Tinubu and the commission’s...

Nigeria's Telecom Industry Records $7.6bn Revenue in 2024   According to a report by PwC, Nigeria's telecommunications sector experienced substantial growth in 2024, with mobile service revenue totaling $7.6 billion. The report also showed that the global telecommunications industry is projected to...