By Kadiri Abdulrahman Abuja, Dec. 16, 2025 (NAN) The Central Bank of Nigeria (CBN) has revoked the operating licences of Aso Savings and Loans Plc and Union Homes Savings and Loans Plc. This is according to a statement by CBN’s Acting Director, Corporate Communications Department, Hakama Sidi-Al. Sidi-Ali said theContinue Reading
By Kadiri Abdulrahman Abuja, Dec. 16, 2025 (NAN) The Debt Management Office (DMO) said that its World Bank-assisted workshop on borrowing guidelines was designed to intimate subnational entities within Northern Nigeria on proper borrowing ethics. The Director-General of the DMO, Patience Oniha, said this at the workshop on Borrowing GuidelinesContinue Reading
By Angela Atabo The Strengthening Peace and Resilience in Nigeria (SPRiNG) Programme,has commended Nigeria on the launch of third National Action Plan on Women, Peace and Security (NAP III) and pledged support for its implementation. Dr Ukoha Ukiwo, Team Lead of the Tetra Tech,SPRiNG Programme, made this known at theContinue Reading
By Emmanuella Anokam Abuja, Dec. 15, 2025 (NAN) The Nigerian Content Development and Monitoring Board (NCDMB) says its Nigerian Oil and Gas Parks Scheme (NOGAPS), established to boost local manufacturing through shared infrastructure and embedded power solutions will be inaugurated in 2026. Dr Abdulmalik Halilu, Director, Corporate Services, NCDMB disclosedContinue Reading
By Kadiri Abdulrahman A total sum of N1.928 trillion, being November Federation Account Revenue, has been shared among the Federal Government, States and the Local Government Councils (LGs) . The revenue was shared at the December Federation Account Allocation Committee (FAAC) meeting in Abuja on Monday. Thiis is according toContinue Reading
By Okeoghene Akubuike The Federal Government, on Monday, unveiled strategic documents to strengthen evidence-based governance and inclusive development in Nigeria. The documents include the National Power of Data High Impact Initiative, National Strategy for the Development of Statistics(NSDS),2024 to 2028, and Review of SDGs in Nigeria, 2024. Speaking at theContinue Reading
By Kadiri Abdulrahman The Central Bank of Nigeria (CBN) says it has sanctioned some Deposit Money Banks (DMBs) for failing to make Naira notes available through automated teller machines (ATMs), during the yuletide season. According to a statement by Hakama Sidi-Ali, CBN’s Director, Corporate Communications Department, this is aContinue Reading
By Kadiri Abdulrahman, News Agency of Nigeria (NAN) President Bola Tinubu presented the 2025 budget proposal titled “Budget of Restoration: Securing Peace, Rebuilding Prosperity” to the joint session of the National Assembly on Dec. 18, 2024. While presenting the N49.7 trillion budget proposal, Tinubu said that it aligned with hisContinue Reading
By Kadiri Abdulrahman, News Agency of Nigeria (NAN) President Bola Tinubu transmitted four tax reform bills to the National Assembly. The bills are the Nigeria Tax Bill 2024, the Nigeria Tax Administration Bill, the Nigeria Revenue Service Establishment Bill, and the Joint Revenue Board Establishment Bill. They are expectedContinue Reading
