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Tinubu Unveils National Engineering and Innovation Fund to Foster Local Solutions

By   Milcah   TanimuPresident Bola Tinubu has launched the National Engineering and Innovation Fund (NEIF), a federal initiative aimed at supporting local innovation, encouraging entrepreneurship,...

APC, PDP Governors Clash Over Oil Revenue Distribution

By Abigail Philip DavidBauchi State Governor Bala Mohammed has accused the Federal Government of failing to properly remit oil revenue to the Federation...

Bill to Exempt Police from Pension Scheme Could Cost Nigeria N3.5 Trillion

By   Milcah   TanimuThe Pension Fund Operators Association of Nigeria (PenOp) has raised concerns about a bill that seeks to exempt the Nigerian Police Force...

Senate to Approve Tinubu’s $2.2bn Loan Request Today

By Abigail Philip DavidThe Senate is set to approve President Bola Tinubu’s $2.2 billion (approximately N1.77 trillion) external loan request today, Wednesday. ...

JUST IN: Tinubu seeks National Assemby’s approval for $2.2bn fresh external loan

President Bola Tinubu has requested the National Assembly's approval for a fresh $2.2 billion external loan to support the 2024 Appropriation Act.The...

Ministry Proposes ₦500 Billion Annual Housing Budget for 2025

By   Milcah   TanimuAhmed Dangiwa, Nigeria’s Minister of Housing and Urban Development, has announced the ministry's push for a minimum annual housing budget of ₦500...

NERC to Nigerians: Report DisCos Demanding Payment for Prepaid Meter Replacements

By   Milcah   TanimuThe Nigerian Electricity Regulatory Commission (NERC) has reminded electricity distribution companies (DisCos) that they must replace faulty or obsolete prepaid meters at...

Key Business Updates for the Week: Cash Scarcity, Tinubu’s G20 Summit, and More

By  Milcah   Tanimu 1. CBN Instructs Banks to Prioritize ATM Cash Disbursement The Central Bank of Nigeria (CBN) has directed banks to focus on cash distribution...

Nigeria’s Inflation Rate Rises to 33.88% as Food Prices Surge

By   Milcah   TanimuNigeria’s inflation rate rose to **33.88%** in **October 2024**, marking an increase from **32.7%** in **September 2024**, according to the latest **Consumer...

Group Raises Alarm Over Alleged N3 Trillion Fuel Importation Fraud by NNPCL, Business Partners

***calls on CBN to investigate payment claimsThe Coalition for Economic Liberation and Transformation (CELT) has raised alarm over alleged N3 Trillion fuel importation fraud...

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