Monetary

Tinubu Okays N17bn Developmental Fund for 8,804 Wards

Tinubu Okays N17bn Developmental Fund for 8,804 Wards   The federal government has approved the establishment of a Community-Based National Social Action Fund Taskforce to drive grassroots development and accelerate socio-economic improvements across Nigeria’s 8,804 wards. A statement signed by the Assistant Director, Information and Public Relations,...

Tinubu Slashes Domestic Airlines’ Debts by 30%

Tinubu Slashes Domestic Airlines' Debts by 30%   Festus Keyamo, minister of aviation and aerospace development, says President Bola Tinubu has approved a 30 percent discount on debts owed by domestic airlines to aviation agencies. This means domestic airlines will pay 30 percent less of the amount...

Nigeria Secures $425m Investment to Boost Solar Manufacturing

Nigeria Secures $425m Investment to Boost Solar Manufacturing Nigeria has attracted about $425m in investments in 2025 for the establishment of eight renewable energy manufacturing facilities as part of efforts to scale up local production of solar panels and position the country as a regional...

Amid Grid Failures, Presidency Budgets N10bn for Villa Solar Project

Amid Grid Failures, Presidency Budgets N10bn for Villa Solar Project   Nigeria’s electricity sector is once again under intense scrutiny as the masses question the Federal Government’s ability to deliver on its promise of a stable power supply to all Nigerians within a single four-year term,...

Senate Grills Ojulari, Kyari Over N210trn NNPC Audit Issues

Senate Grills Ojulari, Kyari Over N210trn NNPC Audit Issues   The Senate, through its Committee on Public Accounts, has given the management of Nigerian National Petroleum Company (NNPC) Limited an April 29 deadline to appear before it to account for the N210 trillion flagged in audit...

Maritime Revenue Surges to N1.83trn in Two Years – Oyetola

Maritime Revenue Surges to N1.83trn in Two Years - Oyetola The Minister of Marine and Blue Economy, Adegboyega Oyetola, on Thursday said Nigeria’s maritime sector had recorded significant improvements under this administration, citing the elimination of piracy, clearance of Apapa port gridlock, rising revenue and...