Budget office clarifies ₦246bn NEDC budget controversy
The Budget Office of the Federation has dismissed claims suggesting that the North East Development Commission operates a ₦246 billion salaries budget,…
Finance
Insecurity: States spent N525bn on security votes in three years
States across Nigeria earmarked a combined N525.23bn for security votes and related operations between 2023 and 2025, according to an analysis of…
Naira holds steady amid pressure at FX market
The Naira remained largely stable but continued to face pressure against the United States Dollar at the mid-week opening of the foreign…
FG, states, LGs shared N6trn FAAC in Q3 2025
The Nigerian Extractive Industries Transparency Initiativ has disclosed that the Federal Government, states and local governments shared a total of N6 trillion…
TETFund to disburse N6.452bn to tertiary institutions
The Tertiary Education Trust Fund has announced plans to disburse a total of N6.452 billion to tertiary institutions across the country under…
Nigeria cuts fuel import spending by 54% — CBN
Nigeria’s spending on the importation of refined petroleum products has declined sharply by 54 per cent over two years, falling from $14.58bn…
Pound trades near ₦1,918 as naira stabilises against dollar
The British Pound recorded a marginal gain in the Nigerian Foreign Exchange Market on Tuesday, January 13, 2026, as the naira continued…
FG allocates N10bn to maintain Shettima’s aircraft
The Federal Government has earmarked a cumulative sum of N10.61bn for the overhaul of engines on the Gulfstream G550 aircraft assigned to…
Naira steadies officially, weakens at parallel market
The naira began the second week of January 2026 on a mixed note against the United States dollar, as traders responded to…
2026 budget: MDAs introduce N3.5tn projects despite rollover order
At least N3.50tn worth of new projects have been identified in the proposed 2026 budget, according to an analysis by The PUNCH.…
2026 budget: NCCE focuses on personnel, operations
Within the education sector, the National Commission for Colleges of Education has unveiled its budget framework, which prioritises personnel costs, utilities and…
Naira records first weekly gain as FX liquidity improves
The naira recorded its first weekly gain of the year on Friday at the official foreign exchange market, appreciating by N7.68 as…