Security Vs Funding: Will More Money Make Nigeria Safer?
NASS probes Defence spending as Nigeria records over 100,000 violent deaths since 2012 *Defence gulps N32.88trn of NN262.834trn budget in 15 years *CDS seeks stronger Police,...
CBN Postpones e-Naira Launch
The Central Bank of Nigeria (CBN) has announced the postponement of the proposed launch of its digital currency, e-Naira. A statement by apex bank’s Director...
Nigeria’s Reforms Driving Strong Domestic Capital Mobilisation — NGX Group CEO
The Group Managing Director/Chief Executive Officer of Nigerian Exchange Group (NGX) Plc, Temi Popoola, has said Nigeria’s ongoing economic reforms are already strengthening domestic...
FG To Generate N160bn From Call, Data taxes
The Federal Government will generate about N160.46bn from excise duty on telecommunication services in 2023. According to the Nigerian Communications Commission, the combined revenue of operators in the GSM, Fixed Wired, and Internet Service Provider...
FG Considers Fresh Loan Of $500m From World Bank For Rural Roads
The Federal Government is seeking a $500m loan from the World Bank to enhance rural road infrastructure and agricultural marketing across the federation. The international...
Dollar To Naira Exchange Rate Today, August 10, 2026
The naira opened the new week relatively steady against the United States dollar across both the official Nigerian Foreign Exchange Market and the parallel...
Free Internet In Airports, Varsities, Markets To Gulp N24.2bn
The Federal Executive Council yesterday approved two contracts worth N24.20bn for provision of broadband for free internet in 75 public places, including 20 airports,...
States, FCT External Debt Sums Up To $5.7bn Despite Higher FAAC Disbursements
Thirty-two states and the Federal Capital Territory’s debt rose to nearly $5.7bn in fresh external loans in 2025, driving a year-on-year surge in subnational...
Fubara Says He’s Committed To Welfare Of Rivers Workers
Gov. Siminialayi Fubara of Rivers has affirmed his resolve to pursue policies and programmes that will significantly enhance the welfare of the state civil...
Investors Are Losing Confidence In Nigerian Oil & Gas Industry – NNPC
Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) Mele Kyari, says the absence of a stable fiscal environment is inhibiting the growth...
