Business

Otedola deepens stake in First HoldCo with fresh

  • 13th May 2026

PenCom removes approval requirement for PFA advertisements

  • 13th May 2026

DMO announces N600bn FGN bond auction for May

  • 13th May 2026

DBN, AfDB seal $61m deal to boost credit

  • 13th May 2026

Contact Info

Some Populer Post

Otedola deepens stake in First HoldCo with fresh N43.41bn

Business

PenCom removes approval requirement for PFA advertisements

Business
OpenAI board rejects Elon Musk-led buyout offer

Sam Altman takes stand in high-stakes legal clash with

Tech

Google unveils Gemini intelligence, new distraction tool for android

Tech

Tag: Senate

featured Finance

Tinubu sends 2026-2028 MTEF to Senate for approval

President Bola Tinubu has transmitted the 2026–2028 Medium Term Expenditure Framework and Fiscal Strategy Paper to the Senate for its consideration and subsequent approval. This submission is a crucial step that precedes the presentation of the annual budget, as it is designed to establish the fiscal parameters that will govern the nation’s finances for the […]

Aviation

Senate summons Keyamo, stakeholders over 150% domestic airfare hike

The Senate has summoned the Minister of Aviation, Festus Keyamo, along with key industry stakeholders, for an urgent meeting following widespread public concern over the sharp rise in domestic airfares. The resolution followed a motion raised by Senator Buhari Abdulfatai, who warned that the escalating prices threaten national mobility and could disrupt travel ahead of […]

News

Oshiomhole urges stronger regulation of tech-driven financial institutions

Senator Adams Oshiomhole, representing Edo North, has called on the National Assembly to strengthen oversight of financial institutions operating beyond the traditional banking sector. He made the remarks on Thursday while contributing to the plenary debate on a bill aimed at amending the Banks and Other Financial Institutions Act to provide for the designation, registration, […]

Senate approves Yuguda, Cardoso, others as MPC members
News

Senate Summons ministers over $30m safe school initiative collapse

The Senate on Wednesday deepened its inquiry into the collapse of the Safe School Initiative, summoning Finance Minister Wale Edun, Education Minister Tunji Alausa, and Defence Minister Lt-Gen Christopher Musa (retd.) to explain why the $30m programme failed to shield schoolchildren from ongoing attacks. The invitations were issued by the Senate Ad-hoc Committee on the […]

Policy and Regulations

Senate moves to modernise Nigeria’s investment management framework

The Senate of Nigeria has taken a significant legislative step toward establishing a modern, transparent, and professionally driven framework for the Ministry of Finance Incorporated. Specifically, the Upper Chamber approved the second reading of “a bill for an act to repeal the MOFI Act and re-enact the MOFI 2025 Act,” which was sponsored by Senator […]

Senate approves Yuguda, Cardoso, others as MPC members
Business

Senate probes stamp duty funds nationwide

The Senate has launched an investigation into the collection and use of stamp duty revenues nationwide, a move lawmakers say is aimed at enhancing fiscal transparency and curbing revenue leakages. Speaking at a media briefing, Chairman of the Senate Public Accounts Committee, Senator Aliyu Wadada, said the probe seeks to uncover how stamp duty revenues […]

featured News

Senate approves Tinubu’s N1.15trn domestic loan for 2025 deficit

The Senate has approved President Bola Tinubu’s request to borrow an additional N1.15 trillion from the domestic debt market to finance the 2025 budget deficit. This approval was granted on Wednesday after the presentation and deliberation of the Report of the Committee on Local and Foreign Debts Borrowing Programme to Fund the 2025 Budget Deficit, […]

NASS inflated 2025 budget with 11,122 'ghost' projects — BudgIT
Helth

Senate pledges timely funding for nationwide immunisation efforts

The Senate Committee on Health has reaffirmed its unwavering commitment to bolstering immunisation efforts across Nigeria, specifically pledging to ensure the timely release of funds necessary to support frontline workers and enhance vaccination drives nationwide. This commitment was made by the committee’s Chairman, Dr. Ipalibo Harry-Barigo, on Monday during an outreach and sensitisation exercise held […]

United States Flag attached to a building
Economy

US Senate to end 40-day FG shutdown

The United States Senate appeared close to advancing a measure on Sunday designed to reopen the federal government, as a 40-day shutdown continued to sideline workers, disrupt food aid, and strain the nation’s air travel system. Senators were expected to vote late Sunday on beginning debate on a House-passed bill. This bill would be amended […]

Senate approves Yuguda, Cardoso, others as MPC members
Aviation

Senate clears Air Peace of wrongdoings in P’Harcourt runway incident

The Senate on Thursday cleared Nigeria’s largest airline, Air Peace, of any wrongdoing in the July 13 runway overrun at Port Harcourt International Airport, stating that allegations of drug and alcohol use by its pilots were based on “inconsistent and uncoordinated” findings by the Nigerian Safety Investigation Bureau. The Senate’s resolution followed an investigative hearing […]

Food

Senate plans tougher laws against chemical fruit ripening, adulteration

The Senate has announced plans to amend existing laws to introduce tougher punishments for individuals found guilty of artificially ripening fruits with harmful chemicals instead of allowing natural ripening. The decision followed the adoption of a report by the Joint Senate Committees on Health (Secondary and Tertiary) and Agricultural Services, Productive and Rural Development, chaired […]

featured Policy and Regulations

Senate greenlights bill for Nigeria’s transition to electric vehicles

A Bill seeking to provide a comprehensive framework for Nigeria’s transition to electric vehicles and green mobility has scaled second reading in the Senate. The Bill aims to position Nigeria to benefit from the global shift toward green transportation by encouraging investment, innovation, and industrial growth in the electric vehicle sector. It also seeks to […]

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

Email Us: [email protected]

ambusinessng @2025. All Rights Reserved.

Facebook-f Pinterest-p Youtube Instagram Linkedin-in