How Kalabash Tackles Nigerians' Travel Spending Woes
Nigerians face travel spending stress due to FX rates & card declines. Kalabash, Wakanow's fintech arm, offers Mastercard prepaid cards for seamless local & international payments. Learn more.
Category : Search result: stationery spending
N18.4bn spent on Presidential residences renovation
Federal Government's 2026 budget allocates N1.07bn for Presidential Villa renovations, bringing total spending to N18.4bn in three years. Analysts question fiscal discipline.
2026 Budget: Lavish Spending on Cars, Paper Raises Eyebrows
Nigeria's 2026 budget proposal reveals a 135% spike in presidential vehicle costs to N11.25bn and N2.5bn for stationery, clashing with digitalisation goals. Analysis shows elite comfort prioritized over fiscal prudence amid revenue uncertainty.
N2.5bn Paper Budget Despite Paperless Policy
Despite declaring a fully digital government, the HCSF and 10 ministries plan to spend N2.46bn on paper in 2026, a 42.3% increase. Explore the budget details and the contradiction with the paperless initiative.
$70k Footbridge in Zimbabwe Triggers Public Anger
A newly commissioned $70,000 footbridge in Zimbabwe's Manicaland Province has ignited fierce debate over government spending and infrastructure priorities. Officials defend the project while citizens question its value.
N12.2bn Budgeted for Presidential Travel in 2026
President Tinubu and VP Shettima's 2026 budget allocates N12.2bn for trips. Details reveal N7bn for Tinubu's travel, N1.7bn for Shettima, and N43bn for State House. Read the full breakdown.
Kalabash Launches Mastercard Cards for Nigerian Travelers
Kalabash, part of Wakanow Group, introduces flexible Mastercard prepaid cards to solve forex stress for Nigerians. Manage travel, online shopping, and global spending with control and rewards.
Cheaper Fuel Fuels Abuja's Thriving Christmas Economy
Abuja's Christmas economy thrives as fuel prices drop to ₦743 per litre, boosting local spending, market stability, and leisure activities. Discover how residents are celebrating differently this year.
5 Ways to Maximise Your Visa Card This Festive Season
Discover five strategic methods to use your Visa card for rewards, security, and exclusive discounts during Nigeria's bustling December. Turn your holiday spending into lasting memories and smart savings.
Tinubu's Reforms Save ₦1 Trillion in Procurement
NEFGAD hails Tinubu's public procurement reforms as a watershed for Nigeria's economy, citing ₦1 trillion saved and a shift towards fiscal discipline and local content.
Tinubu Vows Security Reset in 2025 Budget Speech
President Bola Tinubu announces a sweeping national security revamp, allocating N5.41 trillion to defence. He declares all armed non-state actors as terrorists amid rising violence.
House of Reps Increases Campaign Spending Limits
Nigeria's House of Representatives has approved higher campaign spending limits for all elective offices, with the presidential ceiling doubled to N10 billion. Read the full details and implications for the 2027 elections.
Reps Raise Campaign Spending Limits for 2027 Polls
The House of Representatives has approved new, higher campaign spending limits for all elective offices ahead of the 2027 general elections. Find out the new ceilings for presidential, governorship, and other candidates.
German MPs approve €50bn military spending spree
German lawmakers greenlight a historic €50 billion in defence purchases, ramping up military readiness as Russia's threat grows and US commitments waver. Read the full details.
Nigeria Intensifies Fight Against Unaffordable Healthcare
Federal and state governments, with global partners, are ramping up efforts to make healthcare affordable for all Nigerians. Key strategies include expanding health insurance and systemic reforms under the NHSRII initiative.
China's Retail Growth Slows to 3-Year Low Amid Trade War
China's retail sales grew at the slowest pace in nearly three years in November, data shows. Weak domestic demand contrasts with strong exports, highlighting economic challenges. Read the full analysis.
Naira resilient despite festive dollar demand surge
The Nigerian naira shows resilience against heightened US dollar demand during the festive 'Detty December' season. CBN's external reserves rise to $45.44 billion, providing crucial support. Experts analyze market dynamics and future outlook.
Nigeria Must End Reliance on Foreign Health Aid - Presidency
Presidential adviser Dr. Salma Anas warns Nigeria's health system is vulnerable due to over-reliance on foreign grants and high out-of-pocket payments. The government is pushing for Domestic Resource Mobilisation to achieve Universal Health Coverage.
Zulum: Borno spent N100bn on security in 2025
Governor Babagana Zulum discloses Borno State spent about N100 billion on security in 2025, stalling road projects and development. Read about the impact and plans.
Kaduna's N985.9bn 2026 Budget Presented by Gov. Sani
Kaduna Governor Uba Sani presents a N985.9 billion 2026 budget focused on infrastructure, education, and grassroots development. The budget allocates N100m per ward for community projects. Read more.
Arms Makers See Record $679B Revenue Amid Conflicts
Global arms sales reached record $679 billion in 2024 as Ukraine and Gaza wars fuel demand. US firms dominate while European companies face supply chain challenges. Read full analysis.
Arms Makers See Record $679B Revenue Amid Global Tensions
Global arms sales reached record $679 billion in 2024 as Ukraine war and Gaza conflict fuel demand. US companies dominate while European firms see 13% growth despite supply challenges.
Man Reveals He Spends More on High-Maintenance Women
A Nigerian man's viral confession about spending patterns in relationships sparks debate. He invests more in women with high standards than 'understanding' partners. Read the full story.
AI Industry Faces Critical Turning Point in 2026
After three years of rapid growth, the AI industry enters 2026 with bubble concerns and job automation fears. Global spending expected to exceed $2 trillion. Read more about the future of artificial intelligence.
EU spares Germany from budget rules over defence spending
European Union exempts Germany from budget deficit punishment due to increased defence spending. Learn how EU rules adapt to security threats.
US Retail Sales Growth Slows to 0.2% in September
US retail sales cooled to 0.2% growth in September as consumers face higher prices and Trump's tariffs impact costs. Discover how value-hunting trends are reshaping spending.
Nigerians spend $1.39bn on foreign education in 6 months
CBN data reveals Nigerians spent $1.39 billion on overseas education in H1 2025, a 20% increase from 2024. This nearly equals Nigeria's entire 2025 education budget. Read analysis.
Americans Spend Record $1 Trillion Despite Inflation
US holiday spending expected to reach $1 trillion despite inflation concerns. Online sales surge 5.3% as AI transforms shopping habits. Read more about this economic paradox.
Walmart Q3 Revenue Hits $179.5 Billion, Ups Outlook
Walmart reports strong Q3 results with revenue reaching $179.5 billion and raises full-year outlook. E-commerce grows 27% globally as consumers seek value.
Nigeria's N777 Billion Arms Import Bill Revealed
National Bureau of Statistics data shows Nigeria spent N776.9 billion on arms imports from 2020-2025, with 2024 recording the highest expenditure at N520 billion amid rising insecurity.
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