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Customs surpasses 2024 revenue target by  20.2%

Customs surpasses 2024 revenue target by  20.2%

•As value of trade processed up 179.3%   N196.94trn •Generates N6.106trn, records N35.2bn seizures    By Emma Ujah, Abuja Bureau Chief     The Nigeria Customs Service (NCS) said it generated   N6.105 trillion in 2024,   surpassing its revenue collection target for the year by   20.2 per cent. The performance of the Service was driven by a 179.3 per […]

TCN requires N2.8trn to execute 149 projects — Power Minister

TCN requires N2.8trn to execute 149 projects — Power Minister

By Obas Esiedesa, Abuja    The Minister of Power, Chief Adebayo Adelabu has disclosed that the Transmission Company of Nigeria, TCN, needs about N2.8 trillion to execute 149 projects to improve electricity transmission across the country.   A statement by the Ministry yesterday said Adelabu made this disclosure in separate appearances before power sector committees in the […]

Marketers shift to Dangote Refinery as petrol depot price hits N950/ltr

Marketers shift to Dangote Refinery as petrol depot price hits N950/ltr

Say market forces will determine pump price By Mariam Eko   THE Independent Marketers Association of Nigeria, IPMAN, said it has shifted loyalty to the Dangote Petroleum Refinery as the depot price of Premium Motor Spirit, PMS, also known as petrol rose by 4.7 per cent to N950 per litre, from N907 last Friday. The development is […]

Your programmes must align with renewed hope agenda of Tinubu, Minister tells MBNCWD

Your programmes must align with renewed hope agenda of Tinubu, Minister tells MBNCWD

Your programmes must align with renewed hope agenda of Tinubu, Minister tells MBNCWD The Honorable Minister of Women Affairs, Imaan Sulaiman -Ibrahim, has reiterated that the programmes of the Maryam Babangida National Centre for Women Development (MBNCWD), must align with the renewed hope mandates of President Bola Ahmed Tinubu. This is as the minister, also […]

Bafarawa’s Exit: A painful development – Sokoto PDP stalwarts

Bafarawa’s Exit: A painful development – Sokoto PDP stalwarts

By Musa Ubandawaki in Sokoto The exit of former Sokoto State Governor, Alhaji Attahiru Dalhatu Bafarawa, from the Peoples Democratic Party (PDP) has been described as a painful development by party stalwarts in the state. Alhaji Yusuf Dingyadi, Senior Special Assistant to the PDP National Chairman, expressed these sentiments during a press briefing in Sokoto […]

Reps commend Tinubu for increasing sports sector budget by 227%

Reps commend Tinubu for increasing sports sector budget by 227%

… seek turning point in devt,administration, mgt of sport activities in Nigeria By Joseph Erunke, Abuja The House of Representatives has commended President Bola Tinubu for increasing budgetary allocation to the Nigerian sports sector by 227 percent in the 2025 budget. The president tripled the budget of the sports sector from N29, 082,369,979:00 in 2024 […]

Naira depreciates to N1,660/$ in parallel market

Naira depreciates to N1,660/$ in parallel market

By Elizabeth Adegbesan The Naira yesterday depreciated to N1,660 per dollar in the parallel market from N1,655 per dollar on Monday. But, the Naira appreciated to N1,549 per dollar in the official foreign exchange market. Data published by the Central Bank of Nigeria, CBN, showed that the exchange rate for Nigerian Foreign Exchange Market (NFEM) […]