The House of Representatives on Thursday passed President Bola Tinubu’s N58.47 trillion 2026 Appropriation Bill for second reading. The 2026 budget proposal, titled “Budget of Consolidation, Renewed Resilience, and Shared Prosperity,” sailed through during plenary without debate. President Tinubu had presented the 2026 budget to a joint sitting of the National Assembly in December last…
The Council of the European Union on Thursday sanctioned Rapid Support Forces (RSF) and the Sudanese Armed Forces (SAF) leaders over the atrocities in Sudan. The action affects RSF-affiliated and 2 SAF-affiliated actors, including Algoney Hamdan Dagalo Musa, a RSF Major and the militia head’s brother, RSF Brigadier Generals, and Commanders. The restrictive measures also…
Senator Ali Ndume, who represents Borno South in the National Assembly, has criticised President Bola Tinubu’s inner circle, alleging that the President is being poorly served by advisers who lack political understanding and grassroots connection. Speaking on Wednesday during an interview on ARISE Television’s Prime Time, Ndume said growing dissatisfaction in the North could have…
By Rosemary Iwunze The National Pension Commission (PenCom) has approved an upward review of pensions for 2,116 retirees under the Nigeria Social Insurance Trust Fund (NSITF), increasing their total monthly pension payments from N12.56 million to N159.95 million. The upward review translated to an unprecedented 1,173% enhancement in the total monthly payout. According to PenCom: “The…
By Cynthia Alo DHL Aviation has increased its logistics capacity in Nigeria with the unveiling of two fully branded Boeing 737-400 aircrafts at Murtala Muhammed International Airport, Lagos. In a statement, the company noted that as part of its ongoing investment in SSA’s logistics infrastructure, the additional air capacity will enhance transit times, improve delivery…
By Progress Godfrey ABUJA — Minister of Budget and Economic Planning, Senator Abubakar Atiku Bagudu says President Bola Tinubu’s economic reforms are strengthening political stability and fostering unprecedented unity across Nigeria’s three tiers of government. Speaking in Abuja yesterday during a meeting with the Agence Française de Développement (AFD) mission, Bagudu noted that the reforms have…
The British Pound Sterling experienced moderate volatility against the Nigerian Naira during the early morning trading session on Thursday, January 29, 2026. As the Naira continues its broader recovery against major global currencies, the Pound has fluctuated within a narrow range, reflecting shifting liquidity in the official market. Official Market Trends In the Nigerian Foreign…
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