Senate Approves Customs’ N1.3trn Budget, N11trn Revenue Target
The Senate on Wednesday approved the 2026 budget proposal of the Nigerian Customs Service, endorsing a revenue target of N11.074tn and an expenditure estimate of N1.295tn for the 2026 fiscal year.
The approval followed the consideration and adoption...
Debt: Foreign Airlines, Companies Owe NAMA Over N67bn
Foreign airlines and other organisations owe the Nigerian Airspace Management Agency (NAMA) more than N67bn in unpaid charges, a debt burden that is deepening the financial strain on the country’s air navigation service provider and threatening industrial...
Tinubu Okays N111bn for 700km Northern Superhighway Project
President Bola Tinubu on Wednesday flagged off the construction of the fourth Legacy Project under his administration’s Renewed Hope Agenda and approved the immediate release of N111bn for the commencement of the 700-kilometre Akwanga-Jos-Bauchi-Gombe-Biu-Maiduguri Superhighway.
The approval was...
Recent comments by the First Lady, Senator Oluremi Tinubu, highlighting businesses such as akara, roasted corn and kulikuli have generated considerable public discussion.
Renewable Energy Adoption to Save Nigeria $121bn - Tegbe
The Federal Government has said Nigeria stands to save $121bn in fuel costs by transitioning to a power generation mix comprising 90 per cent renewable energy, describing the projected savings as a major economic benefit for...
Manufacturing Credit Drops by N1.92trn as Funding Gaps Widen
The Manufacturers Association of Nigeria (MAN) has blamed the sharp decline in credit to the manufacturing sector on the Federal Government’s failure to implement the promised N1tn Manufacturing Stabilisation Fund, high lending rates, structural bureaucracy and...