MDAs Risk Fund Suspension Over Financial Reporting
The Federal Government warns MDAs to submit 2025 financial statements by Dec 31 or face indefinite fund suspension and queries. Accountant-General issues strict guidelines.
Category : Search result: N52 trillion unremitted surplus
Nigeria exits FATF grey list, records N6.69tr trade surplus
Nigeria achieves major economic milestones: removal from FATF grey list and a N6.69 trillion trade surplus in Q3 2025. This boosts investor confidence and global standing. Read the full details.
Nigeria's 2026 Budget: N58.47tr Approved, Lower Exchange Rate Set
Nigeria's Federal Executive Council has approved a N58.47 trillion budget for 2026, targeting a lower exchange rate of N1,400/$. Get the full breakdown of allocations and fiscal strategy.
Tinubu Presents N54.4tr 2026 Budget at NASS
President Bola Tinubu presents the 2026 Appropriation Bill of N54.46 trillion to the National Assembly under heavy security. Read the full details of the budget presentation and its implications.
Tinubu Proposes N43.56trn Bill to End Multiple Budgets
President Tinubu transmits a N43.56 trillion appropriation bill to unify 2024-2025 spending, aiming to stop overlapping budgets and boost capital project performance. Urges swift legislative approval.
Sujimoto's N20tr Border, Agro-Plan to Fight Insecurity
Sujimoto Group proposes a N20 trillion fortified border and agricultural development initiative to combat terrorism and banditry. The plan integrates security with economic growth. Read more.
Gas Issues, N6tr Debt Cripple Nigeria's Power Generation
Nigeria's electricity supply plummets due to gas constraints and a massive N6 trillion debt owed to power generation companies. Find out why the grid remains unstable.
Senate Okays MTEF, Paves Way for ₦54.4tr 2026 Budget
The Nigerian Senate has approved the 2026-2028 MTEF, enabling President Tinubu to present a historic ₦54.4 trillion budget. Key fiscal parameters set the stage for the national spending plan. Read the full details.
CBN Gets Deadline to Account for N5.2tr Unremitted Funds
The House of Reps Public Accounts Committee has ordered the CBN to reconcile N5.2 trillion in unremitted operating surplus by January 19, 2026. Get the full details on the fiscal accountability probe.
FG, States, LGs Share N1.9trn as FAAC Allocation Drops
The Federation Account Allocation Committee (FAAC) distributed N1.928 trillion for November 2025, a significant drop from October. See the full breakdown for FG, states, and LGs.
N3.8tr Loss: Lagos Traffic Crisis and Tech Solutions
Lagos traffic costs the economy N3.8 trillion yearly. As Yuletide approaches, experts push for tech-driven solutions like e-Call-Up systems and mass transit to salvage the situation. Read more.
Delta Assembly Passes N1.73tr 2026 Budget
Delta State House of Assembly passes a N1.73 trillion budget for 2026, raising the governor's proposal by N65.6 billion. Read details on the budget breakdown and legislative process.
Bagudu: Youth Skills Key to $1 Trillion Economy by 2030
Minister Bagudu says Nigeria can hit a $1 trillion economy by 2030, but only if its booming youth population is equipped with critical skills. He warns the opportunity is time-sensitive.
Lawmaker seeks sack of Finance Minister over N4tr debt
Rep. Ikenga Ugochinyere calls for the dismissal of Finance Minister Wale Edun and FIRS Chairman Zacch Adedeji over N4 trillion unpaid contracts, accusing them of sabotaging Tinubu's agenda. Contractors protest non-payment.
FG to Clear N4tr Road Contractors' Debt by Dec 20
The Federal Government has set a December 20 deadline to settle all outstanding payments owed to road contractors, following protests over N4 trillion in delayed project financing. Minister David Umahi announced the presidential directive.
72 Data Centres Needed for Nigeria's $1 Trn Economy
Digital Realty CEO Ikechukwu Nnamani says Nigeria requires 72 edge data centres to power a $1 trillion economy by 2030. He highlights a severe infrastructure gap and lack of AI-ready facilities.
16 Banks Meet CBN Capital Rules Ahead of 2026 Deadline
CBN Governor Yemi Cardoso confirms 16 banks have met new capital thresholds. With the March 2026 deadline approaching, the recapitalisation drive aims to strengthen lenders for Nigeria's $1 trillion economy goal.
Shettima hails Tinubu's N3.5tn education push at UNIMAID
VP Shettima declares Tinubu's N3.5tn education budget signals renewed commitment to national development through knowledge and innovation at UNIMAID's 50th anniversary.
States Plan Investment Summit for $1 Trillion Economy
Nigeria's 36 states and FCT plan a subnational investment summit to attract foreign investors, critical for achieving the $1 trillion economy target by 2030. Read more.
Land Reform Key to Nigeria's $1trn Economy - Dangiwa
Housing Minister Dangiwa reveals land titling as Nigeria's surest path to $1 trillion economy. Learn how the Land4Growth program will unlock $300bn in dead capital.
N60 Trillion Needed for Mass Housing in Nigeria
Nigeria requires N60 trillion to build mass houses and address its 20 million home deficit. Experts urge investment in local materials to cut costs by 50%. Read more.
SERAP to CBN: Account for Missing N3tr or Face Lawsuit
SERAP demands CBN Governor explain missing N3 trillion public funds documented in Auditor-General's 2022 report. Legal action threatened if no response within 7 days.
Falana: Sue FG for ransom refund, kidnap victims told
Human rights lawyer Femi Falana SAN urges Nigerians to sue the government for ransom refunds after N2.23 trillion paid to kidnappers. Learn your constitutional rights today.
Nigeria-Germany Alliance for $1 Trillion Economy
Budget Minister Atiku Bagudu announces strategic collaboration with Germany to accelerate Nigeria's ambitious journey toward a $1 trillion economy through targeted investments and economic reforms.
House Scrutinizes Tinubu's N1.15T Loan Request
Nigeria's House of Representatives launches thorough investigation into President Tinubu's massive N1.15 trillion loan request amid growing economic concerns and national debt worries.
National Assembly Scrutinizes Tinubu's ₦1.15T Loan Request
Nigerian lawmakers launch thorough investigation into President Tinubu's controversial ₦1.15 trillion loan proposal amid growing economic concerns and public scrutiny.
Tinubu Seeks Senate Approval for ₦15.4 Trillion Loan
President Bola Tinubu has formally requested Senate approval for a ₦15.4 trillion loan facility to address critical infrastructure gaps and economic challenges. Get the full details on this major financial move.
Nvidia Hits $5 Trillion - First Company Ever!
Nvidia don break all records for global market as e become first company wey reach $5 trillion valuation. See how dis AI chip maker dey change the tech world.
Nvidia Makes History as First $5 Trillion Company
Nvidia makes history as first company to hit $5 trillion market value, driven by AI revolution and massive demand for its chips. Nigerian tech community watches closely.
Nigeria's $1 Trillion Economy Target Now Within Reach
Minister of Industry, Trade and Investment Doris Anite announces Nigeria's ambitious $1 trillion economy target is more achievable than ever, citing recent economic reforms and investor confidence.
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