FG Pushes 70% of 2025 Capital Budget to 2026   The Federal Government has said it will implement 30 per cent of the 2025 capital budget before the end of November, as part of measures to fast-track project execution and clear outstanding obligations. It also stated that...

FG Eyes $1bn Investment, 500,000 Jobs in Mining Sector Boost   The Federal Government has projected that the mining sector would raise employment from the current 0.3 per cent to 500,000 jobs by 2030 amid expectations of attracting $1bn in foreign direct investment annually by 2025. The...

Banks, Telcos Settle N300bn USSD Debt Dispute After 4 Years   Banks and telecommunications operators in Nigeria have ended a four-year dispute over nearly N300bn owed for Unstructured Supplementary Service Data services, with the debt now fully cleared, the Association of Licensed Telecommunications Operators of Nigeria...

Tinubu’s Executive Order Could Boost FG, States, LGs Allocation by N15trn   The federal, state, and local governments may receive additional revenue allocations of about N14.57tn following the recent Executive Order signed by President Bola Tinubu, directing that royalty oil, tax oil, profit oil, profit gas,...

The Lagos State Government has pledged stronger collaboration with the Office of the Tax Ombud to boost Internally Generated Revenue (IGR) and deepen tax compliance.

Senate Grills NBET's Survival on N60m Amidst N858bn Budget   The Senate yesterday queried how the Nigerian Bulk Electricity Trading Plc (NBET) managed to stay afloat in the 2025 fiscal year despite receiving only N60 million out of the N858 billion appropriated for it in the...