FG Commits Record N5.41tn to Security as Tinubu Intensifies War Against Terror   ‎ ‎President Bola Ahmed Tinubu has disclosed that the Federal Government has earmarked a record N5.41 trillion for defence and security in the 2026 budget, underscoring his administration's determination to intensify the fight against...

Telecoms Add $220bn to Africa’s GDP – Report   The telecommunications sector contributed $220bn to Africa’s economy in 2024, equivalent to 7.7% of GDP, according to the GSMA Mobile Economy Africa 2025 report. Speaking at a telecoms policy event in Kinshasa attended by President Félix Tshisekedi, Airtel...

Customs Seize ₦1.3bn Smuggled Vegetable Oil   The Nigeria Customs Service (NCS) says it seized ₦1.314bn worth of smuggled vegetable oil products across 2025 and 2026, as part of intensified efforts to curb illegal imports and protect local industries. Comptroller-General Adewale Adeniyi disclosed the figures during a...

CBN Increases Foreign Tuition Limit to $25,000   The Central Bank of Nigeria (CBN) has increased the maximum foreign exchange remittance for tuition payments by Nigerian students studying abroad to $25,000 per semester, up from the previous cap of $15,000. The adjustment is contained in the CBN...

FG, World Bank Restructure $500m Education Programme   The Federal Government and the World Bank have restructured the $500m HOPE for Quality Basic Education for All programme, cutting funding allocations tied to the construction of new classrooms while expanding the number of states eligible for targeted...

FG Seeks AfDB Support for $7bn Aviation Plan   Nigeria’s Minister of Aviation and Aerospace Development, Festus Keyamo, has met with the President and governors of the African Development Bank in Congo over the proposed $7bn Integrated Aviation Transformation Programme for Africa. The meeting was held as...