Development
2025 Budget: Nigeria To Fund ₦13Trillion Deficit By Borrowing
Nigeria's Finance Minister, Wale Edun, has announced that the country’s 2025 budget will have a record deficit of ₦13 trillion, which will be funded...
Development
TCN Restores Power to Bayelsa After Four-Month Blackout
Electricity has finally returned to most parts of Bayelsa after a four-month blackout, the Transmission Company of Nigeria (TCN) announced on Monday. The blackout began...
Development
African Countries Need $74 Billion for Debt Service in 2024 – AfDB
Africa faces an escalating debt crisis, with African countries needing a staggering $74 billion to meet their debt obligations in 2024. This warning was made...
Development
Tinubu Renames University of Abuja After Yakubu Gowon
In a significant move to honor Nigeria’s past, the Federal Government has renamed the University of Abuja after former Head of State, General Yakubu...
Development
Tinubu’s 2025 Budget Presentation Postponed
The National Assembly has postponed President Bola Ahmed Tinubu’s presentation of the 2025 Appropriation Bill, initially scheduled for Tuesday, December 17, 2024. This announcement has...
Development
FG Declares Free Train Service for Christmas, New Year
The Federal Government has announced a free train service for Nigerians during the festive season. This service will run from December 20, 2024, to January...
Development
VAT Revenue Hits Record High as Nigerians Battle Inflation, Weak Naira
The Value Added Tax (VAT) revenue in Nigeria has surged significantly, reflecting the combined impact of the naira’s persistent depreciation and the rising cost...
Development
Abia Airport: Communities Reject Proposed Location, Say It Is Ancestral Land
A brewing crisis threatens to derail the much-anticipated construction of the Abia State Airport, scheduled to commence tomorrow, Tuesday, December 17, 2024. Nsulu communities, the...