Nigeria Needs $35 Billion Investment for Robust Railway System, Says Transport Minister
Senator Sa’idu Alkali, the Minister of Transportation, has underscored the necessity of a $35 billion investment to realize an efficient...
Economy
Ondo State Acting Governor Freezes Accounts of Local Government Areas
The Acting Governor of Ondo State, Lucky Aiyedatiwa, has taken a decisive step by freezing the accounts of all 18...
NDIC Disburses Over N1.7 Billion to Customers Post Bank License Revocation
The Nigeria Deposit Insurance Corporation (NDIC) has recently disclosed the disbursement of a staggering sum of over N3.4 million to...
FAAC Allocates Over ₦1 Trillion to Nigerian FG, SGs and LG Councils in November
The Federation Account Allocation Committee (FAAC) has disbursed a total of ₦1.088 trillion in revenue for November to the Federal...
71% of Abia State’s 2024 Budget to be Funded by Borrowing
Abia State, led by Governor Alex Otti of the Labour Party, is making headlines with its ambitious fiscal plan for...
Tinubu Urged to Intervene as Rivers State Faces Political Turmoil
The political landscape of Rivers State is currently embroiled in a heated crisis, prompting members of the National Assembly to...
FCTA Crushes 639 Illegal Motorcycles in Abuja Crackdown
In a continued effort to enforce the ban on commercial motorcycles operating within the city centre, the Joint Task Force...
NNPCL Generates N4.5 Trillion in Revenue for Nigeria in 2023
The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari, revealed that the company has...
Nigeria Tops World Bank’s Borrowing Chart with $2.9 Billion in 2022 and Warns of Rising Risk as Developing Nations Grapple with High-Interest Rates
In 2022, Nigeria emerged as the principal beneficiary of World Bank loans, securing approximately $2.9 billion, according to the International...
National Assembly Joint Committee Summons Ministers Over Budget Explanation
The National Assembly Joint Committee on Oil and Gas has taken a stern stance against the Minister of State (Petroleum...
