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...

Tinubu Approves N68.32trn 2026 Budget, Extends 2025 Spending Window President Bola Tinubu has signed the 2026 Appropriation Bill into law, authorising an aggregate expenditure of ₦68.32 trillion for the current fiscal year. He also signed a separate bill extending the implementation period of the 2025 budget...

We Have No Intention to Borrow From IMF's $50bn Fund - FG The Federal Government on Thursday declared that it has no plan to approach the International Monetary Fund (IMF) to borrow from the estimated $50bn, which the IMF had earlier announced on Wednesday that...

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   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...

IMF Warns Nigeria Over Rising Debt Burden The International Monetary Fund (IMF) has declined to endorse a preference for either external or domestic borrowing for Nigeria, stressing that the country’s rising debt profile requires a stronger focus on sustainability and repayment capacity. Speaking at a media...