BUSINESS
Enugu Govt Partners Presidency On Food Security
To guarantee food security in the state, Enugu State government has expressed readiness to partner with the Harvesting Hope Caravan, HHC, a flagship programme under the Presidential Food Systems Coordinating Unit, PFSCU, in the Office of the Vice President, alongside Pula Advisors, its donor partners and Leadway Insurance Company. This is even as Governor Peter Mbah’s administration insured no fewer...
“Nigeria’s Eight-month Debt Service Bill Rises To $2.86bn” – CBN
Nigeria spent a total of $2.86bn servicing external debt in the first eight months of 2025, according to the international payment data from the Central Bank of Nigeria on Wednesday. This accounted for 69.1 per cent of the country’s total foreign payments of $4.14bn in the period. In the same eight-month stretch of 2024, debt service stood at $3.06bn, representing...
Governor Otti Flags Off EU-Funded Social Protection Project, Inaugurates State Council
....Governor Pledges to Tackle Poverty Holistically, Partners UNICEF, ILO to Strengthen Safety Nets for Vulnerable Groups Abia State Governor, Dr. Alex Otti, has formally launched the Support for Sustainable and Innovative Social Protection Systems in Nigeria, an EU-funded initiative aimed at improving the lives of vulnerable groups across the state. The program was unveiled at the...
FIRS Defends FG’s Borrowing Framework As Legitimate
The Federal Inland Revenue Service, FIRS, yesterday defended the federal government’s borrowing plan, insisting that debt remained a legitimate component of every national budget. It also announced that Personal Income Tax, PIT, and Company Income Tax, CIT, reforms would take effect from January. FIRS equally said federal revenue collection surged to N3.64 trillion in September 2025, a 411 per cent jump...
Naira Appreciates To N1,518/$ In Parallel Market
The Naira yesterday appreciated N1,518 per dollar in the parallel market from N1,520 per dollar on Monday. However, Naira depreciated to N1,493.2 per dollar in the Nigerian Foreign Exchange Market (NFEM). Data published by the Central Bank of Nigeria, CBN, showed that the exchange rate for the naira rose to N1,493.2 per dollar from N1,491.4 per dollar on Monday, indicating N1.8...
“Nigeria’s Gross Domestic Increases By 4.23%” – NBS
Nigeria’s Gross Domestic Product rose by 4.23 per cent year-on-year in real terms in the second quarter of 2025, according to the latest figures released on Monday by the National Bureau of Statistics. The performance was stronger than the 3.48 per cent growth recorded in the same period of 2024, showing that the economy gained momentum despite persistent structural challenges....
“N11,000 Flight Charge No Longer Realistic” – FG
The Director-General of the Nigerian Airspace Management Agency (NAMA), Farouk Umar, has warned that the N11,000 charge currently imposed on airlines per flight is no longer realistic, given the rising cost of maintaining aviation infrastructure. Speaking in Abuja on Tuesday at a summit convened by the House of Representatives Committee on Aviation, Umar noted that the fee, unchanged since 2008,...
Naira Appreciated To N1,535/$ In Parallel Market
The Naira yesterday depreciated to N1,535 per dollar in the parallel market from N1,525 per dollar on Monday. But the Naira appreciated to N1,485.05 per dollar in the Nigerian Foreign Exchange Market (NFEM). Data published by the Central Bank of Nigeria, CBN, showed that the exchange rate for the naira fell to N1,485.05 per dollar from N1,495 per dollar on...
Experts Disagree As Presidency Claims Inflation To Drop To Single Digit
The Presidency has assured Nigerians that the inflation rate in the country is heading towards a single digit and would translate to better living conditions for the masses. Special Adviser to the President on Economic Matters, Tope Fasua, who gave the assurance, as guest on Channels Television’s The Morning Brief yesterday, also said the drop in the inflation rate has...
Farmers Slams FG’s Police As Agro-imports Hit N2.2tn
Nigeria’s agricultural import bill soared to N2.22tn in the first half of 2025, drawing strong criticism from farmers, rice millers, and stakeholders who argue that the Federal Government’s policies are undermining local production and worsening food insecurity. The stakeholders also criticised the recent order by President Bola Tinubu to reduce food prices. On September 11, 2025, it was reported that...
![Ohafia Monarchs Reject 'UDUMEZE OF OHAFIA' Title, Insist It's Unrecognized, Misleading [Document Attached]](https://abntv.com.ng/wp-content/uploads/2025/07/FB_IMG_1752179354516-300x194.jpg "Ohafia Monarchs Appeal For Calm, Reaffirm Neutrality In Ohafia Improvement Union Election Process")
![Ohafia Monarchs Reject 'UDUMEZE OF OHAFIA' Title, Insist It's Unrecognized, Misleading [Document Attached]](https://abntv.com.ng/wp-content/uploads/2025/07/FB_IMG_1752179354516-100x75.jpg "Ohafia Monarchs Appeal For Calm, Reaffirm Neutrality In Ohafia Improvement Union Election Process")