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$1trn economy: FG targets stronger development finance, private capital

$1trn economy: FG targets stronger development finance, private capital

By Progress Godfrey The Federal Government has called for stronger development finance and greater private capital mobilisation to support its $1 trillion economy ambition, stressing that public funds alone cannot finance the country’s plan. Speaking at the Bank of Industry (BoI) Development Partners’ Roundtable and presentation of the 2025 Annual Development Impact Report (ADIR) in Abuja, […]

FG increases domestic borrowing by 241%

FG increases domestic borrowing by 241%

By Elizabeth Adegbesan  As part of the Federal Government (FG) borrowing plan for the 2026 budget, the Central Bank of Nigeria, CBN, has issued Treasury Bills, TBs, to raise N5.8 trillion in the third quarter of 2026 (Q3’26). This represents a 241 percent year-on-year (YoY) increase when compared to N1.76 trillion sold in Q3’25. CBN disclosed […]

Dollar to Naira exchange rate today, July 3, 2026

Dollar to Naira exchange rate today, July 3, 2026

The Nigerian Naira maintained a steady path against the United States Dollar at the start of Friday’s trading session, reflecting subtle shifts across both the official window and the parallel market.

NANS urges Tinubu to uphold due process over calls to sack Gbajabiamila

NANS urges Tinubu to uphold due process over calls to sack Gbajabiamila

By Joseph Erunke, Abuja The National Association of Nigerian Students (NANS) has urged President Bola Tinubu not to remove his Chief of Staff, Femi Gbajabiamila, over allegations it said have yet to be proven, insisting that any action taken without due process would undermine the principles of justice and fairness. In a statement issued on […]

Priced out of birth: Women battle soaring child delivery costs

Priced out of birth: Women battle soaring child delivery costs

For many expectant mothers in Nigeria, childbirth is no longer just a medical journey, it has become a financial ordeal. Soaring hospital bills, hidden charges and difficult decisions force families to choose between delivering safely in the hospital or turning to risky alternatives…

FG launches nationwide learning assessment to tackle education crisis

FG launches nationwide learning assessment to tackle education crisis

By Joseph Erunke, Abuja The Federal Government has launched a nationwide National Learning Assessment as part of efforts to address Nigeria’s learning crisis, improve teaching standards and reduce learning poverty across the country. Minister of Education, Dr. Tunji Alausa, disclosed this on Friday while monitoring the exercise at Government Secondary School, Kuje, Junior Secondary School, […]

Labour, FUTATH management clash over staff absorption

Labour, FUTATH management clash over staff absorption

By Joseph Erunke Activities at the Federal University of Technology Akure Teaching Hospital (FUTATH) were temporarily disrupted on Thursday as organised labour intensified its protest over the alleged exclusion of some inherited workers from the hospital’s ongoing staff integration process following the Federal Government’s takeover of the facility. The protest, led by labour unions in […]

TCN to review new tax law’s impact on workers’ salaries

TCN to review new tax law’s impact on workers’ salaries

By Obas Esiedesa, Abuja The Transmission Company of Nigeria (TCN) has constituted a committee to assess the impact of the new tax laws on employees’ salaries and recommend measures to protect staff interests while ensuring compliance with the law. The committee was inaugurated during a tax sensitisation programme for staff at the company’s corporate headquarters […]

OPM resettles more South Africa returnees, provides free housing in Port Harcourt

OPM resettles more South Africa returnees, provides free housing in Port Harcourt

The Founder and General Overseer of Omega Power Ministries (OPM), Apostle Chibuzor Gift Chinyere, has received a second batch of Nigerians evacuated from South Africa, providing them with free accommodation and welfare support in Port Harcourt as part of the church’s resettlement initiative. Speaking on Friday while receiving the returnees, Chinyere said the latest arrivals […]

Alliance hospital unveils $400,000 paediatrics centre in Abuja

Alliance hospital unveils $400,000 paediatrics centre in Abuja

By Joseph Erunke, Abuja Alliance Hospital has inaugurated a $400,000 state-of-the-art paediatrics centre in Abuja to strengthen specialised healthcare for children and newborns and help reduce Nigeria’s high maternal and infant mortality rates. The multi-specialist hospital unveiled the facility on Thursday, describing it as a major investment aimed at expanding access to life-saving neonatal and […]