Economy

965 Articles
Economy

Tinubu Submits FCT Budget and Key Nominations to Senate for Approval

President Bola Tinubu has transmitted the 2026 statutory budget of the Federal Capital Territory Administration to the Senate of Nigeria for consideration and...

Economy

House Directs FAAN to Recover N18.9 Billion from Foreign Airlines Within Two Weeks

The House of Representatives Committee on Finance has directed the Federal Airports Authority of Nigeria to recover over N18.9 billion owed by foreign...

Economy

President Tinubu Seeks Senate Confirmation of Taiwo Oyedele as Minister of State for Finance

President Bola Tinubu has written to the Nigerian Senate, requesting the screening and confirmation of Taiwo Oyedele as the minister of state for...

Economy

Federal Government Introduces Hybrid Payment System at Airport Access Gates

The Federal Government has directed the introduction of a hybrid payment system at airport access gates nationwide, allowing both cash and electronic payments...

Economy

Federal Government Launches 500 Million Dollar SPIN Project to Boost Irrigation and Power

The Federal Government has launched the Sustainable Power and Irrigation for Nigeria Project known as SPIN as part of efforts to strengthen food...

Economy

Rising Shop Rents Force FCT Traders to Operate on Bridges and Informal Locations

Small business owners in the Federal Capital Territory are being pushed to operate on bridges and other informal locations due to skyrocketing shop...

Economy

Federal Government Moves to Turn Nigerian Research into Businesses and Jobs

The Federal Ministry of Innovation Science and Technology has intensified efforts to transform scientific research produced in Nigerian universities, polytechnics and research institutes...

Economy

Enugu Assembly Passes Law to Harmonize Taxes Ban Illegal Levies and Roadblocks

The Enugu State House of Assembly has passed a landmark law designed to harmonize taxes and levies across the state in a move...

Economy

Tinubu Announces Settlement with Eni Over OPL 245 Dispute After 15 Years

President Bola Tinubu has announced the successful conclusion of a long standing settlement agreement between the Federal Government of Nigeria and Eni alongside...

Economy

NISO Reports 292MW Drop in National Grid Due to Gas Supply Shortfall

The Nigerian Independent System Operator (NISO) on Thursday attributed a 292 megawatt drop in electricity generation on the national grid to insufficient gas...