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Over 60 Stampede Deaths Recorded During Palliative Distributions in Nigeria Under Tinubu’s Administration

Stampedes during palliative distributions in Nigeria have left many dead and injured. Since President Bola Tinubu took office on 29 May 2023, at...

Enugu 2025 Budget
FinanceNews

2025 Budget: Enugu Govt. Plans to Spend ₦10 Billion on CCTV Cameras, ₦5 Billion on Vehicles

The Enugu State Government has planned to spend ₦10 billion in 2025 on installing CCTV cameras across the state. The government said the...

FinanceNews

CBN Sets Daily PoS Withdrawal Limit to N100,000, Imposes N500,000 Weekly Limit

The Central Bank of Nigeria (CBN) has introduced a daily cash withdrawal limit of N100,000 for point-of-sale (PoS) terminals per customer. The directive...

FinanceNews

NBS Data Shows Inflation Climbs to 34.60% as Food Prices Rise in November

Nigeria’s headline inflation rate increased to 34.60% in November 2024 from 33.88% in October, marking the third consecutive monthly rise, according to the...

FinanceNews

FEC Approves Tinubu’s 2025 Budget of N47.96 Trillion, to Be Presented Wednesday

Nigeria’s Federal Executive Council (FEC) has approved a N47.96 trillion budget for 2025. President Bola Tinubu is set to present it to the...

FinanceNews

SERAP Sues Tinubu Over Failure to Probe Missing ₦57 Billion in Ministry of Humanitarian Affairs

The Socio-Economic Rights and Accountability Project (SERAP) has sued President Bola Tinubu over the alleged mismanagement of ₦57 billion in public funds. The...

Ghana's Economy Q3 2024
FinanceNews

Ghana’s Economy Grows By 7.2 Per Cent In Q3 2024, Up From 2.2 Per Cent In Q3 2023

Ghana’s economy grew by 7.2 per cent year-on-year in the third quarter (Q3) of 2024, up from 7.0 per cent recorded in the...

EFCC-embattled Yahaya Bello allegedly pays AISA school fees worth $845,000 in prepayment
FinanceNews

N110bn Fraud: Court Grants Former Kogi Gov. Yahaya Bello N500m Bail

The federal high court in Abuja has granted bail to Yahaya Bello, the former governor of Kogi state, in the sum of N500...

FinanceNews

10 Nigerians States Spent ₦14.7bn in Nine Months on Allowances, Refreshments Amid Crumbling Infrastructure

Ten Nigerian states, struggling with poor infrastructure, spent ₦14.7 billion (about $9,187,500) on refreshments, honourariums, and sitting allowances over nine months. A report...

FinanceNews

Burkina Faso Receives First 44 Gold Bars Weighing 93kg From Processing Mining Wastes

Burkina Faso’s government received its first gold bars after processing fine coal cargoes abandoned at the Essakane mine. Prime Minister Rimtalba Jean Emmanuel...

Airforce Feeding Allowance
FinanceNews

Kaduna Air Force Students Lament 12 Months of Unpaid Feeding Allowance

Students at the Nigerian Air Force Institute of Technology (AFIT) in Kaduna State have voiced frustration over the non-payment of their feeding allowance...

House Defers Bill Seeking to Amend Description of Islamic Law in Nigeria's Constitution
FinanceNews

Bill to Stop Multiple Budgets, Late Submission Under Review in Nigerian House of Reps

The House of Representatives is reviewing two constitutional amendment bills to reform Nigeria’s budgetary process to ensure timeliness and limit supplementary budgets. The...