News Update Minister of Finance and Coordinating Minister for the Economy, Mr Wale Edun, on Monday said the N13 trillion deficit in the N48 trillion 2025 budget would be financed through borrowing….
Category: National
Tough festive celebration looms amid untamed inflation spike in Nigeria
News Update A tough festive season lies ahead for Nigerians as the country’s headline and food inflation rates worsened under President Bola Ahmed Tinubu’s administration. Economists and financial analysts believe the government’s…
Yuletide: Tinubu Approves Free Train Services For Nigerians
News Update President Bola Tinubu has approved free train rides across Nigeria from December 20, 2024, to January 5, 2025, as part of measures to ease transportation costs during the Christmas and…
Benin Republic Electoral Commission in Nigeria to understudy INEC
News Update Chairman of the Independent National Electoral Commission, INEC, has promised to share the Commission’s experience and make available relevant documents to help the Commission Electorale Nationale Autonomie, CENA of Benin…
Nigeria’s inflation rate rises to 34.6%
News Update THE National Bureau of Statistics (NBS), has released a report that Nigeria’s inflation rate rose to 34.6 per cent in November 2024, up from 33.88 per cent in October. This…
FAAC distributes N1.727trn revenue to Federal, State, Local Govts in November
News Update THE revenue shared among the federal, state, and local governments in November 2024, as accrued from the Federation Accounts Allocation Committee, FAAC, increased by N490 billion, rising to N1.727 trillion…
Fuel Price Reduced
News Update THE Nigerian National Petroleum Company Limited, NNPCL, has reduced the price of Premium Motor Spirit (petrol) across its retail outlets in the Federal Capital Territory, Abuja. Correspondents who visited NNPCL…
Inside Nigeria: Important updates you need to know, Saturday
News Update Good morning! Here is today’s summary from Nigerian Newspapers: 1. The Central Bank of Nigeria, CBN, has reaffirmed that all versions of the naira, including the old and new designs…
Details emerge as 45th Miss Nigeria pageant builds up
News Update THE contestants for the prestigious 45th Miss Nigeria pageant have been revealed, sparking excitement across the nation. This year’s pageant centers around the inspiring theme, “Beyond Beauty: Reigning Together as…
Tinubu Makes New Appointment Into Nigeria Prison
News Update President Bola Tinubu has appointed Nwakuche Ndidi as the new Acting Controller-General of the Nigerian Correctional Service. The appointment is effective December 15, 2024. Ndidi’s appointment comes after the end…