2023 Budget: Senate Okays N8.4tn New Loan  The Senate has approved new loans totaled 8.4 trillion naira ($19 billion) to help fund an estimated budget shortfall of 10.5 trillion naira in 2023. According to Bloomberg report, Nigeria raised its domestic and foreign borrowing requirement by 15%...

FEC Okays Proposed N19.76trn 2023 Budget   The federal executive council (FEC) has approved the proposed N19.76 trillion budget for the 2023 fiscal year. Femi Adesina, special assistant to the president on media and publicity, disclosed this while addressing state house correspondents on the outcome of the...

FEC Considers 2023 Budget Estimates   The 2023 draft budget estimates proposal topped items for consideration this Wednesday at the Federal Executive Council (FEC) meeting presided by President Muhammadu Buhari The budget, estimated at N19.76 trillion, is expected to be presented to the National Assembly, on Friday,...

Fact-Check: Did The Nigerian Govt Approve AK47 For Katsina Security Outfit? Governor Akeredolu claims FG have granted AK47 permit to Katsina security outfit. Claim: Ondo Governor Rotimi Akeredolu has accused the Federal Government (FG) of approving AK47 Rifle for Katsina based security outfit. Full Text: Reacting to...

77th UNGA: Buhari Woos Foreign Investors, Says Insecurity Under Control President Muhammadu Buhari on Thursday expressed delight that investments in improving security are yielding good dividends, lauding the Nigeria military for making significant progress in the fight against insecurity and building the momentum in reducing...

Unemployment: Energy Transition Plan to Create 840,000 Jobs By 2060, Says Buhari President Muhammadu Buhari has projected that Nigeria’s swift transition to renewable energy will result in the creation of up to 340,000 jobs by 2030 and up to 840,000 jobs created by 2060. The President...