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...
INEC Proposes N873.78bn Budget for 2027 General Elections
The Independent National Electoral Commission (INEC) on Thursday informed the National Assembly that it requires N873.78bn to conduct the 2027 general elections.
The agency also demanded N171bn to fund its operations in the 2026 fiscal year.
The N873.78bn proposed...
The Federal Government, through the Central Bank of Nigeria (CBN), has upgraded the operating licences of leading financial technology (fintech) firms.
FG Paid N152bn to Contractors Amidst Protests
The Federal Government has said it disbursed N152bn to contractors for what it described as verified contracts, amid lingering protests over outstanding payments.
In a statement on Thursday, the Minister of State for Finance, Doris Uzoka-Anite, said the payments...
Nigeria Infrastructure Debt Fund Records N23.63bn Profit
The Nigeria Infrastructure Debt Fund has reported a profit of N23.63bn for the year ended 31 December 2025, up from N19.59bn recorded in the same period in 2024. The fund, which invests in infrastructure loans across the country,...
MTN Wins N1bn Suit, Court Orders N3m Costs Against Plaintiff
A Federal High Court in Lagos has dismissed a N1bn lawsuit filed against MTN Nigeria Communications Plc by Walls and Gates Ltd and its Managing Director, Okechukwu Udeichi, over alleged copyright infringement, breach of confidentiality,...
