FG Rules Out IMF Loan Despite $50bn Fund
The Federal Government has ruled out plans to seek financial support from the International Monetary Fund, despite the institution’s proposed $50 billion support package for struggling African economies. Nigeria’s Minister…
Naira Trades at N1,340/$ Officially, N1,250 on Parallel Market
The Nigerian naira maintained relative stability at the official market but weakened in the parallel segment on Friday, highlighting ongoing pressure in the foreign exchange market. At the Nigerian Foreign…
Nigeria Moves to Tackle Building Collapse with Artisan Training
The Industrial Training Fund has partnered with the Cement Technology Institute of Nigeria to train and upskill 100,000 artisans across Nigeria’s construction sector. The nationwide programme, which will be implemented…
Tinubu Signs ₦68.32tn 2026 Budget
President Bola Ahmed Tinubu has signed the ₦68.32 trillion 2026 Appropriation Bill into law, setting Nigeria’s fiscal direction for the year while extending the lifespan of the 2025 capital budget.…
Ogun Approves Weekly Day Off, ₦10k Transport Allowance
The Ogun State Government has approved a weekly day off and a ₦10,000 monthly transport allowance for civil servants as part of measures to ease the impact of rising living…
Dangote, Trump Named in TIME 100 Most Influential People 2026
Global attention turned to business and political leadership as Nigerian billionaire Aliko Dangote and United States President Donald Trump secured spots on the prestigious TIME 100 Most Influential People 2026.…
Enugu Moves To Tackle Flooding
The Enugu State Emergency Management Agency has assured residents of its readiness to tackle potential flooding as the rainy season approaches, citing a series of proactive measures already in place…
Nigeria Inflation Hits 15.38%
Nigeria’s inflation rate has climbed again, signaling renewed pressure on households already grappling with rising living costs. Latest data from the National Bureau of Statistics shows that the country’s headline…
Benin, Togo, Niger Owe Nigeria $9.55m for Power
Three West African countries — Benin, Togo, and Niger — owe Nigeria a total of $9.55 million for electricity supplied in the last quarter of 2025, according to the Nigerian…
Lagos Moves to Tackle Flooding Risks
The Lagos State Government has intensified efforts to mitigate flooding across vulnerable areas ahead of anticipated heavy rainfall. Commissioner for Environment and Water Resources, Tokunbo Wahab, disclosed this during an…