The Federal Government has projected total revenue of N50.74 trillion for 2026, alongside a targeted economic growth rate of 4.68 per cent, while its proposed 2026 deficit has risen so sharply that it now exceeds the entire national budget of 2022 by N2.78tn, The PUNCH reports. This deficit likely means the government plans to borrow […]
Russia’s Ambassador to Nigeria, Andrey Podelyshev, has explained that Moscow’s broad foreign policy vision relies on the pillars of multipolarity and multilateralism. He said this at the Ambassadorial Forum titled “Russia’s Foreign Policy and its Priorities: Prospects for Multilateral Diplomacy,” organised by the Nigerian Institute of International Affairs (NIIA) in Lagos yesterday. In his remarks, […]
The United States Department of State on Wednesday announced measures aimed at addressing what it described as mass killings and attacks targeting Christians in Nigeria. The move signals that the US is considering visa restrictions against individuals and groups implicated in the violence. “The United States is taking decisive action in response to the mass […]
The Senate and House of Representatives yesterday moved to reset Nigeria’s failing security architecture, confirming General Christopher Musa as Defence Minister after intense scrutiny and approving far-reaching resolutions banning ransom and amnesty, tightening weapons control and demanding stricter laws to curb terrorism and mass kidnappings. The Senate confirmed the former Chief of Defence Staff after […]
The Central Bank of Nigeria has updated its cash withdrawal regulations, ending the special authorisation that allowed individuals to withdraw N5 million and corporates N10 million once per month, starting January 2026. In a circular issued Tuesday, December 2, 2025, and signed by the Director of the Financial Policy & Regulation Department, Dr. Rita I. […]
