NASS EXTENDS 2025 FISCAL YEAR TO MARCH

In a major fiscal reset aimed at addressing revenue shortfalls, weak capital execution and overlapping budget cycles, the National Assembly on Tuesday approved a revised N43.5tn 2024 Appropriation Act and a reworked N48.3tn 2025 budget framework, with the 2025 fiscal year extended to March 31, 2026. The approval followed marathon plenary sessions in both chambers, […]

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YULETIDE: FCCPC CAUTIONS ROAD TRANSPORTERS OVER UNEXPLAINED FARE INCREASES

The Federal Competition and Consumer Protection Commission (FCCPC) has cautioned inter-city road transport operators against arbitrary and unexplained fare increases during the ongoing yuletide travel period. The warning was contained in a statement signed by the Commission’s Corporate Affairs Director, Ondaje Ijagwu, following a surge in consumer complaints from several parts of the country. The […]

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NIGERIA, US SIGN $5.1BN MOU ON BILATERAL HEALTH COOPERATION

The Federal Government has signed a five-year, $5.1 billion bilateral health cooperation Memorandum of Understanding (MOU) with the United States to advance the America First Global Health Strategy. The partnership is aimed at supporting resilient, self-reliant, and durable health systems while promoting accountability and shared responsibility. The US Mission Nigeria said the MOU was negotiated […]

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TINUBU PRESENTS 2026 BUDGET, PROPOSES N5.41TN ALLOCATION FOR SECURITY

President Bola Tinubu has earmarked N5.41tn for Security, the single largest allocation in the proposed 2026 budget. It marked the third consecutive year that defence and security spending has taken priority since the administration began presenting national budgets in November 2023. Tinubu disclosed this today while presenting the N58.18tn 2026 Appropriation Bill to a joint […]

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