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NASS Session Turns Rowdy as IG Defends Police Budget

NASS Session Turns Rowdy as IG Defends Police Budget   A heated argument erupted at the National Assembly Complex on Thursday during the 2025 budget defence presentation by Inspector General of Police, Kayode Egbetokun. Trouble began when Egbetokun was providing a breakdown of funds allocated for the...

World Bank Forecasts 3.5% Economic Growth for Nigeria in 2025

World Bank Forecasts 3.5% Economic Growth for Nigeria in 2025 According to the World Bank's latest projections, Nigeria's economy is expected to experience steady growth, with a 3.5% expansion predicted for 2025, followed by a slight increase to 3.7% in 2026, indicating a positive outlook...

FG Targets N1.8trn Bond Sale in Q1, 2025

FG Targets N1.8trn Bond Sale in Q1, 2025 The Federal Government has announced plans to generate N1.8 trillion through bond sales in the first quarter of 2025, as disclosed by the Debt Management Office (DMO). The proposed issuances, detailed in the newly released FGN Bond Issuance...

Report Reveals MDAs’ N22bn Solar Installation Expenditure

Report Reveals MDAs' N22bn Solar Installation Expenditure   Nigeria's federal ministries, departments, and agencies spent a staggering N22,782,065,914.14 on solar power installations across the country in 2024. This significant investment in renewable energy was revealed through records accessed on BudgIT's accountability platform, GovSpend. The expenditures, aimed at boosting...

Nigeria’s IMTO Inflows Jump by 63.7% in Nine Months – CBN

Nigeria's IMTO Inflows Jump by 63.7% in Nine Months - CBN   According to the Central Bank of Nigeria (CBN) the country witnessed a significant surge in international money transfers, with inflows from International Money Transfer Operators (IMTOs) rising by 63.7% during the first nine months...

2025 Budget: Senate to Suspend Plenary Sessions for Two Weeks

2025 Budget: Senate to Suspend Plenary Sessions for Two Weeks   The Senate has announced plans to suspend plenary sessions for two weeks, starting from January 14, when the National Assembly resumes from its holiday break. It explained that this would enable the Appropriation sub-committees of both...