Tinubu Increases 2025 Budget To ₦54.2tn

President Bola Tinubu has raised the proposed 2025 budget from ₦49.7 trillion to ₦54.2 trillion, citing additional revenues generated by key government agencies. The President conveyed the budget adjustment in separate letters sent to both the Senate and the House of Representatives, which were read during plenary today by the Senate President, Godswill Akpabio. According … [Read more…]

Tinubu Departs for France Ahead of AU Summit in Addis Ababa

President Bola Ahmed Tinubu will depart Abuja on Wednesday for Paris, France, on a private visit en route to Addis Ababa, the Ethiopian capital, Bayo Onanuga, Special Adviser to the President on Information and Strategy, has stated. In Addis Ababa, President Tinubu will join African leaders at the 46th Ordinary Session of the Executive Council and … [Read more…]

GEANCO Foundation Holds ARTBurst Summit in Enugu

GEANCO Foundation Holds ARTBurst Summit in Enugu

The city of Enugu became a vibrant canvas of creativity and inspiration as ARTBurst, a Creative Arts Summit organized by GEANCO Foundation, brought together young, talented girls who are beneficiaries of the David Oyelowo Leadership Scholarship for Girls Program. Designed to nurture artistic talents, ignite imagination, and build confidence, the summit which was held from … [Read more…]

Gov Mbah Signs into Law Bill to Create One-stop Shop for Taxation in Enugu

Gov Mbah Signs into Law Bill to Create One-stop Shop for Taxation in Enugu

…Ends Multiple Taxation …Enugu Inland Revenue Service becomes autonomous Governor Peter Mbah of Enugu State has signed into law the bill to create a one-stop shop for tax collection and administration in Enugu State, thereby ending multiple taxation. Entitled the Enugu State Internal Revenue Service (Establishment and Consolidation of Revenue Administration) Law, 2025, the new … [Read more…]

Aura for Aura’; China hits back with tariffs on US goods after Trump imposes new levies

Aura for Aura'; China hits back with tariffs on US goods after Trump imposes new levies

Additional 10% tariff comes into effect on all China exports to US Beijing slaps 15% levy on U.S. LNG, coal; 10% on crude, farm equipment China starts anti-monopoly investigation into Google, imposes controls on rare earth exports Trump pauses tariffs on Mexico and Canada for one month Mexico, Canada to bolster border enforcement China on … [Read more…]

Tinubu Swears-in Eight New Perm Secs, 21 RMAFC Commissioners

President Bola Tinubu yesterday administered oath of office on eight newly appointed federal permanent secretaries and 21 commissioners of the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC). The brief ceremony took place inside the Council Chambers of the State House, Abuja, before the commencement of the first Federal Executive Council (FEC) meeting in 2025. The … [Read more…]

FEC Approves $1bn for Primary Healthcare Services, N4.8bn for HIV Treatment 

The Federal Executive Council (FEC) on Monday, February 3, approved $1 billion to strengthen primary healthcare services across the country. The approval, aimed at boosting the government’s Human Capital Opportunities for Prosperity and Equity (HOPE) programme, was announced by the finance and coordinating minister of the economy, Wale Edun, after the FEC) meeting. Edun said the … [Read more…]

Danish Consul General Impressed with Enugu Govt; Explores Partnership in Enugu

…As Danish Govt, businesses seek more investment The Government of Denmark has expressed its eagerness to expand the European nation’s business interests in Enugu State, expressing enthusiasm at partnering with the state in key sectors of the economy and other areas of mutual benefits. Denmark, which is a member of the European Union, stated this … [Read more…]

LG Autonomy: CBN demands two years audited accounts of LGs

Local Governments across the country are facing a fresh hurdle in their bid to receive their monthly allocations directly from the Federation Accounts. Each of the 774 local governments is now required to furnish the Central Bank of Nigeria (CBN) with a comprehensive audit of its finances for two years as a prerequisite for direct remittance of … [Read more…]