U.S. TO PHASE OUT PENNIES IN 2026, ENDING OVER TWO CENTURIES OF CIRCULATION
By Aishat Momoh. O. The U.S. Treasury Department has announced that production of the one-cent coin, commonly known as the penny, will cease in 2026,...
NAIRA APPRECIATES IN BOTH OFFICIAL AND PARALLEL MARKETS
By Aishat Momoh. O. The naira recorded gains against the US dollar in both the parallel market and the Nigerian Foreign Exchange Market (NFEM) on...
(UPDATED) 16TH NCITI: FG, LAGOS GOVT SEEK CONSUMPTION, INVESTMENT IN MADE-IN-NIGERIA PRODUCTS (PHOTOS)
By: Sefiu Ajape The Federal Government, alongside the Lagos State Government, on Monday, May 19, 2025, emphasized the need for increased investment in the production...
FAAC: FG, STATES, LGAs SHARE N1.681 TRILLION IN APRIL
By: Sefiu Ajape The Federation Account Allocation Committee (FAAC) has disbursed a total of N1.681 trillion as revenue generated in April 2025 to the Federal...
ECONOMY: FG TO LAUNCH $1.1B NAPM INITIATIVE TO STABILIZE FOOD PRICES
The Federal Government is set to launch the National Agribusiness Policy Mechanism (NAPM) to strengthen agricultural productivity, stabilise food prices, and drive economic growth. ...
FG, STATES, LGs SHARE N1.578 TRILLION FAAC ALLOCATION FOR MARCH
The Federation Account Allocation Committee (FAAC) has distributed a total of ₦1.578 trillion to the federal, state, and local governments for March 2025, marking the...
FG TO ROLL OUT 77,400 HOUSING UNITS ACROSS 774 LGAS NATIONWIDE
The Minister of Housing and Urban Development, Ahmed Dangiwa, has announced that the Renewed Hope Social Housing Programme will soon be rolled out across all...
JUST IN: CRUDE OIL RESERVES REACH 37BN BARRELS, GAS RISES TO 210.54TCF – NUPRC
The Nigerian Upstream Petroleum Regulatory Commission has revealed the country’s current petroleum reserves, reporting a remarkable 37.28 billion barrels of crude oil and condensate, along...
NIGERIA’S PUBLIC DEBT RISES TO N144.67TN
Nigeria’s total public debt surged to N144.67 trillion ($94.23 billion) as of December 31, 2024, marking a 48.58%increase from N97.34 trillion ($108.23 billion) recorded at...
OJULARI TAKES OVER FROM KYARI AS NEW NNPCL BOSS (PHOTOS)
Bayo Ojulari, the newly appointed Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), has officially taken over from his predecessor, Mele...