Rubber Imports Increase by 106% Shrinking local rubber production has forced imports to jump by 106 percent in 10 years. Data from the National Bureau of Statistics (NBS) shows that Nigeria imported N631.1 billion worth of rubber in 2013. But this has jumped by N1.3 trillion...

After Emergency Declaration, Kano’s School Enrolment Rises by 7%, Gender Inclusivity Improves In a notable turnaround for education in Kano State, recent statistics reveal a substantial improvement in school enrollment and gender inclusivity just six months after Governor Abba Yusuf declared a state of emergency...

Yuledite: CBN Permits BDCs to Buy $25,000 Weekly to Meet Demand The Central Bank of Nigeria (CBN) has granted temporary permission to Bureau de Change operators, to purchase up to $25,000 in foreign exchange weekly from the Nigerian Foreign Exchange Market, which was launched earlier...

2025 Budget: Debt Servicing, Salaries take N24.8tn The Federal Government plans to spend N8.52tn (inclusive of government enterprises) on personnel and pension costs for federal workers next year, an analysis of the 2025 Appropriation Bill has shown. This amount is an increase of N3.17tn or 59.16...

FCT-IRS Generates N252bn Revenue – Chairman The acting Executive Chairman of the Federal Capital Territory Internal Revenue Service, Michael Ango, has disclosed that the agency generated over N252bn in 2024 as of the close of business on December 18. The Chairman stated this at an end-of-year...

2025 Budget Scales Second Reading The 2025 Appropriation Bill and the Bill to extend the 2024 capital component to June 30, 2025 have scaled second reading before the House of Representatives. The two bills were passed after contributions and observations by members at the plenary on...