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Nigeria’s fiscal deficit hits 4.69 trillion naira in Q1 as revenue falls short

Nigeria's government ran a 4.69 trillion naira fiscal deficit in the first quarter as revenue fell far short of target and foreign loans stalled.
News

Nigeria’s state police bill heads to Tinubu after 28 states approve

Nigeria's National Assembly will send the state police bill to President Bola Tinubu for assent after verifying approval from 28 of 36 state legislatures.
News

Nigeria’s Deadly Highways: Motorists Endure Fear, Frustration and Loss

Across Nigeria, crumbling federal highways have turned travel into a deadly gamble as motorists battle potholes, bandits, and government inaction.
News

Senate Approves ₦1.81 Trillion Budget to Tackle Security, Infrastructure in Nigeria’s Capital

KEY POINTS The Nigerian Senate approved a ₦1.81 trillion budget for the FCT in...
News

6 Everyday Struggles of the Nigerian Middle Class

KEY POINTS Rising living costs impact the middle class. Poor infrastructure hinders daily life. ...
News

Nigeria’s Cocoa Plants Struggle, Operating at Just 8% Capacity

Nigeria's cocoa processing plants struggle with infrastructure and financial challenges, operating at just 8% capacity. Efforts to revitalize the sector are underway.
News

Obasanjo Meets Southeast Governors: Focus on Regional Development

Former Nigerian President Obasanjo clarifies his meeting with Southeast governors, stating the focus was on regional development issues like security, infrastructure, and economic growth, not Nnamdi Kanu's release.
News

Nigerian Minister Defends Lagos-Calabar Highway Project

Nigerian Works Minister David Umahi defends the Lagos-Calabar Coastal Highway project, calling critics who question its funding and economic viability "unpatriotic." The project is expected to improve connectivity between Nigeria's economic hubs and boost national growth.
News

Lagos Slips to 5th Place Among Africa’s Wealthiest Cities

Lagos, Nigeria's economic powerhouse, has seen a decline in its ranking among Africa's wealthiest...
News

Tinubu Receives South-South Monarchs, Promises to Address Their Grievances

Nigeria’s President Bola Tinubu met with a delegation of traditional rulers from the South-South...
News

Senate Pushes for Modern Rail Line in Eastern Nigeria

The Nigerian Senate has urged the federal government to upgrade the Eastern Rail Line...
Society

Lagos to Build Africa’s Second Longest Bridge by 2027

Lagos, Nigeria’s commercial capital, is set to construct a 38-kilometer-long bridge that will connect...
Business

FEC Greenlights N2.17trn 2023 Supplementary Budget

The Federal Executive Council (FEC) approved a N2.17 trillion supplementary budget for 2023. This...
News

FEC Greenlights Ijora Workshop Concession, Eyes N28.1bn Boost

The Federal Executive Council (FEC) has endorsed a landmark concession, entrusting the Central Workshop...
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Latest articles

News

Nigeria’s fiscal deficit hits 4.69 trillion naira in Q1 as revenue falls short

Nigeria's government ran a 4.69 trillion naira fiscal deficit in the first quarter as revenue fell far short of target and foreign loans stalled.
News

Nigeria’s state police bill heads to Tinubu after 28 states approve

Nigeria's National Assembly will send the state police bill to President Bola Tinubu for assent after verifying approval from 28 of 36 state legislatures.
News

An estimated 14 million uncollected PVCs pose a test for Nigeria’s INEC

An estimated 14 million voter cards remain uncollected across Nigeria, Vanguard reports, raising concern at INEC ahead of the Jan. 16 presidential election.
News

Nigeria warns agency heads of sanctions over inflated contracts

Nigeria's federal government says heads of state-owned enterprises who award inflated contracts outside procurement law will face sanctions, in a new directive from George Akume.