Blog

150,000 Nigerians got FG's N50k grant - Minister
Business

FG, Niger sign MoU for 100,000-hectare mass housing, agricultural project

Ministry of Finance and the Niger State Government have signed a Memorandum of Understanding for a Mass Housing and Agricultural Settlement Project spanning 100,000 hectares of land in the state. The agreement was announced at a signing ceremony held on Friday at the Ministry of Finance headquarters in Abuja, according to Nairametrics. The project will […]

Business

FG allocates N6.04bn on salaries for idle Ajaokuta Steel Complex

The Federal Government plans to spend N6.04 billion on personnel costs for Ajaokuta Steel Company Limited in the 2026 fiscal year, despite the steel complex remaining non-operational more than 40 years after its inception. In the 2026 Appropriation Bill, the company was allocated a total of N6.69 billion for the year, with personnel expenses alone […]

Finance

State assemblies add over N1tn to 2026 budgets — Report

No fewer than 13 State Houses of Assembly across Nigeria have injected over N1tn into their respective 2026 budgets following legislative reviews and amendments to appropriation bills submitted by governors, findings by The PUNCH have shown. The figure emerged from an analysis comparing the 2026 budget proposals presented by state governors with the final appropriation […]

featured Finance

2026: Tinubu, Shettima to spend N9.36bn on travels, meals

President Bola Tinubu and Vice President Kashim Shettima are expected to spend a combined total of N9,364,349,417 on local and foreign travels, as well as food and refreshments, in the 2026 fiscal year. This information is contained in details of the 2026 Appropriation Bill released on Thursday by the Budget Office of the Federation. President […]

featured Life Style

ICYMI: Bill Gates transfers $8bn to ex-wife’s foundation

Bill Gates has transferred close to eight billion dollars to a charitable foundation controlled by his former wife, Melinda French Gates, in what has been described as one of the largest publicly disclosed philanthropic donations in recent history. The Microsoft co-founder made a contribution of $7.88 billion, which was completed in 2024 but only became […]

MTN Nigeria to build infrastructure for network platform
Business

Senior MTN manager buys N40.9m in company shares

MTN Nigeria Communications Plc has disclosed that its Senior Manager, Financial Operations, Olugbenga Ojeranti, acquired 81,327 shares in the company for about N40.9 million. The shares were bought at an average price of N504, as part of a wave of insider share acquisitions announced after the company released its financial results in late October 2025. […]

UNIOSUN resident doctors end strike as Adeleke grants demands
Helth

Sokoto resident doctors back NARD’s indefinite nationwide strike

The Association of Resident Doctors of the Usmanu Danfodiyo University Teaching Hospital, Sokoto, on Friday declared full support for the nationwide indefinite strike announced by the Nigerian Association of Resident Doctors, scheduled to begin on Monday, January 12, 2026. The strike action follows what NARD described as the Federal Government’s failure to honour critical welfare […]

Lagos' GDP hits $159bn, becomes Africa's second-largest city economy
News

Lagos named one of seven top global art destinations 2026

Lagos State has been named as one of the seven art destinations to visit in 2026, according to a report by Artsy, the leading global online Art Marketplace. The city was described as “a banner biennale in West Africa’s preeminent art capital.” This was contained in a statement signed and released by the Special Adviser […]

featured Finance

KPMG flags gaps, risks in new tax laws

KPMG Nigeria has flagged what it describes as “errors, inconsistencies, gaps and omissions” in Nigeria’s tax laws that came into force at the beginning of this year. The professional services company warns that these issues could undermine the attainment of the tax reforms’ stated objectives if left unaddressed. The reforms, anchored on the Nigeria Tax […]

CBN fines Moniepoint, OPay ₦1bn in regulatory crackdown
Finance

Dollar supply rebounds 38% amid CBN market intervention

Dollar supply in Nigeria rebounded by 38 per cent month on month in December 2025, as increased foreign exchange sales by the Central Bank of Nigeria helped support market liquidity, data from FMDQ showed. Total foreign exchange inflows into the FX market rose sharply by 38 per cent month on month to $2.8 billion in […]

US senator questions Intel CEO’s China ties over security concerns
Business

Intel unveils new strategy to regain global chip leadership

Intel, fresh from a historic investment by the United States President Donald Trump administration, has unveiled a strategy aimed at radically reshaping the company’s future. Once the dominant force in the chip industry, Intel has struggled to keep pace with competitors over the last decade, losing ground to Qualcomm and Nvidia in critical areas such […]