Tinubu Delists FCT From TSA, Minister To Enjoy Financial Autonomy
President Bola Tinubu has made the decision to remove the Federal Capital Territory Administration (FCTA) from the Treasury Single Account (TSA). This was announced during...
Bill Seeking Monthly Payment Of Rent In Abuja Passes Second Reading In Senate
The Nigerian Senate has passed a bill seeking to regulate rent payments in the Federal Capital Territory (FCT) Abuja for the second reading. ABN TV...
VAT Revenue Rises 34% To N6.4trn In 9 Months
•As Company Income Tax grows 48% to N7.72trn Nigeria’s revenue from Value Added Tax (VAT) and Company Income Tax (CIT) recorded strong growth in the...
Back Up Employment With Productivity, Reduce Expenditure — Sen. Kalu Counsels FG, States
Senate Chief Whip, Sen. Orji Uzor Kalu has called on federal and state governments to think out of the box and reduce the creation...
Uber, Bolt Drivers Begin Nationwide Strike
The Amalgamated Union of App-based Transport Workers of Nigeria, comprising drivers under the platform of e-hailing companies like Uber and Bolt, has said it...
Dollar To Naira Exchange Rate Today, October 7, 2026
The Nigerian naira weakened against the United States dollar in the parallel market on Wednesday, October 7, 2026, while the local currency strengthened at...
Budget Deficit May Trigger Fresh Recession – Finance Minister, Zainab Ahmed
With the deficit financing of the revised N10.509 trillion 2020 budget rising from N1.847 trillion to N4.563 trillion, the economy might be heading for...
Electricity Distribution Companies Announces Price Hike From July 1
Electricity Distribution Companies have stated that tariff will increase from July 1, 2023. In statements sent to respective consumers on Sunday night, the DisCos stated...
Obaseki plunges Edo into foreign debt with no result to show, DMO reports says
A report from Nigeria’s Debt Management Office (DMO) has shown that Edo State sunk into scary levels of foreign debt under the administration of...
CBN Sets N50k Daily Limit On Contactless Payments
Contactless payments are a safe and convenient way to conduct transactions between payment devices such as pre-paid, debit, and credit cards, key fobs, mobile...
