Tag:Nigeria economy

Tinubu Unveils Mega Abuja City Walk Project, Breaks 30-Year Jinx

  President Bola Ahmed Tinubu on Thursday declared an end to decades of abandoned strategic projects and land speculation in the Federal Capital Territory (FCT)...

Nigeria Targets Billion-Dollar Cashew Boom, Moves to Adopt New Roadmap

Nigeria has begun moves to transform its cashew industry into a globally competitive billion-dollar sector as key stakeholders gathered in Abuja to validate a...

Reps Probe ₦34trn Waivers, Query Customs Revenue Gaps

ABUJA — The House of Representatives has demanded full disclosure of about ₦34 trillion in import duty waivers granted in 2025, directing the Nigeria...

Oyedele Pushes For Tougher Tax Reforms, Stronger West Africa Alliance

  LAGOS – The Minister of Finance and Coordinating Minister of the Economy, Mr. Taiwo Oyedele, has called for stronger collaboration among West African countries...

₦100m Trader Support Shows Renewed Hope in Action — Enikanolaiye

LOKOJA — The Minister of State for Foreign Affairs, Ambassador Sola Enikanolaiye, has hailed the ₦100 million empowerment package for 2,000 petty traders in...

FG Denies ₦8tn Off-Budget Spending, Cites Legal Framework

ABUJA, Nigeria — The Federal Government has dismissed claims that over ₦8 trillion was spent outside the approved budget, describing the allegation as misleading...

NNPC Smiles to Bank as Profit Hits N462bn, Oil Output Climbs to 1.73m Barrels Daily

  NNPC Limited has recorded a whopping ₦462 billion Profit After Tax in May 2026, as the national oil company posted improved operational and financial...

Court Grants FOI Suit Against Lee Engineering, AGF

Abuja, Nigeria — The Federal High Court in Abuja has granted leave to commence judicial review proceedings against Lee Engineering and Construction Company Limited...

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Customs Seizes 399 Rifles at Lagos Port, Warns Against Arms Smuggling

The Nigeria Customs Service (NCS) has seized 399 fully assembled pump-action rifles and 535 assorted firearm components intercepted at...
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Aiyedatiwa Approves 60% Rise in Subventions for Ondo Tertiary Institutions

AKURE, August 17, 2026 — Ondo State Governor, Lucky Aiyedatiwa, has approved an immediate 60 per cent increase in...

Odidiomo Redeems ₦2m Pledge to Eruwa Muslim Community

IBADAN, August 17, 2026 — Member of the House of Representatives and Oyo South senatorial candidate of the Action...

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Customs Seizes 399 Rifles at Lagos Port, Warns Against Arms Smuggling

The Nigeria Customs Service (NCS) has seized 399 fully...

Aiyedatiwa Approves 60% Rise in Subventions for Ondo Tertiary Institutions

AKURE, August 17, 2026 — Ondo State Governor, Lucky...