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Democracy Day: Tinubu Hails Journalists as Heroes of Democracy

President Ahmed Bola Tinubu has paid tribute to Nigerian journalists and media establishments on Wednesday in Abuja, acknowledging their crucial role in the struggle against military dictatorship.

Senate Passes N98.5bn FCT Supplementary Budget

Senate Passes N98.5bn FCT Supplementary Budget The Senate on Tuesday, June 11, passed the sum of N98.5billion as the Federal Capital Territory (FCT) Supplementary Appropriation Bill, 2024. The passage of the Bill was a sequel to the consideration of the report of the Senate committee on...

Hajj 2024: NAHCON to Commence Return Flights June 22, to Reduce Days Spent in Saudi

Hajj 2024: NAHCON to Commence Return Flights June 22, to Reduce Days Spent in Saudi The Chairman of the National Hajj Commission of Nigeria (NAHCON), Malam Jalal Arabi, has announced that the Commission will commence return flights to the country a week after Arafat. Arabi told...

Nigeria’s Trade Balance Rises to $1.43bn, IMF Reports

Nigeria’s Trade Balance Rises to $1.43bn, IMF Reports Nigeria’s current account balance has increased to $1.432 billion in 2024 despite the economic downturn ravaging the country, data from the International Monetary Fund’s World Economic Outlook shows. The IMF data indicates a posi­tive outlook for Nigeria’s econom­ic...

Debt Servicing Gulps $2.2bn in Five Months – CBN

Debt Servicing Gulps $2.2bn in Five Months – CBN Nigeria’s debt servicing gulped about N2.2bn in the first five months of this year, the latest data from the Central Bank of Nigeria (CBN) have revealed. This is almost half of the $4.8bn projected for the entire...

NNPC Refutes Inflating Petrol Subsidy by N3.3tn

NNPC Refutes Inflating Petrol Subsidy by N3.3tn The Nigerian National Petroleum Company Limited (NNPCL), on Monday, denied reports that it inflated the subsidy on Premium Motor Spirit, popularly called petrol, by N3.3tn during the administration of former President Muhammadu Buhari. It argued that its subsidy claims...