By Uthman Oriyomi The Federal Ministry of Finance on Tuesday has explained that,Nigeria’s economy continues to demonstrate resilience and accelerating growth with the second quarter of 2026 real Gross Domestic Product (GDP) expanding by 4.43 per cent year-on-year, up from 4.23 per cent in Q2 2025 and 3.89 per cent in Q1 2026. The strong…
By Emmanuel Onwuka By 21, Audu had already lost a great deal to tobacco. What he thought was a cheap adventure became one of his most expensive investments. He is among the many young Nigerians who live on the fringes of Nigeria’s administrative capital, Abuja. According to an account published by Premium Times in May…
The Federal Government has disclosed that more than N600 billion in cash transfers has been disbursed to slightly over nine million households to cushion the impact of economic shocks, saying an impact assessment is underway to determine the programme’s measurable effect on poverty reduction. The Minister of Humanitarian Affairs and Poverty Reduction, Dr Bernard Doro,…
Thirty-three state governments spent at least N512.10bn on Government Houses, Governors’ Offices and travel and transport in the first six months of 2026, an amount about 4,713 times higher than the combined six-month salary of Nigeria’s 36 governors, an analysis of state budget implementation reports has shown on Monday. The analysis showed that while a…
The Federal Government has declared Tuesday, August 25, 2026, a public holiday to mark this year’s Eid ul Mawlid, commemorating the birth of the Holy Prophet Muhammad. The Minister of Interior, Olubunmi Tunji-Ojo, announced the holiday on behalf of the Federal Government in a statement issued on Friday by the Permanent Secretary of the ministry,…
The Federal Government has explained how resources generated from the removal of petrol subsidy and foreign exchange reforms were distributed and spent between June 2023 and December 2025. According to the Federal Ministry of Finance’s Nigeria Reform Scorecard presented on Wednesday, the reforms generated N15.8tn in subsidy savings for the Federation during the period. However,…
The Executive Chairman of the Nigeria Revenue Service, Zacch Adedeji, has dismissed concerns over the alleged lavish lifestyles of public officials. Adedeji said President Bola Tinubu does not live extravagantly despite his position. He stated this during an interview with Channels Television, on Sunday, where he was questioned by journalist Seun Okinbaloye about the lifestyles…
By Ovat Abeng The reappointment of Prof. Chinwe Veronica Anunobi as National Librarian and Chief Executive Officer of the National Library of Nigeria has been described as a strategic move to consolidate ongoing reforms in the nation’s knowledge sector. Prof. Anunobi, a Professor of Library and Information Science and former Deputy University Librarian at Nnamdi…
The Chairman of Kuje Area Council in the Federal Capital Territory, Danjuma Shekwolo, has explained the reason behind his appointment of Ibrahim Danladi as Special Assistant on Dance. Shekwolo, who confirmed the appointment on Friday, said the decision was part of efforts to strengthen the entertainment sector in the council. He, however, clarified that the…
The federal government has announced plans to phase out subsidy payments in the power sector from 2027. Joseph Tegbe, the minister of power, announced the plan during a media interactive session on Friday, while speaking on the power sector debt. He said the subsidy will be gradually removed, but noted that Nigerians will not be…
