Without Tinubu’s reforms, subsidy could’ve hit ₦53tn, dollar ₦3,500 — NRS boss
Adedeji said Tinubu inherited an economy burdened by an unsustainable subsidy regime, an underperforming oil sector and a narrow tax base.
Nigerian newspapers review: Uromi on lockdown by security operatives
In today’s Nigerian newspapers’ review programme, Today in the News, Vanguard leads with the heavy presence of security operatives in Uromi, Edo State following the killing of suspected herders.
FG’s deficit hits N12.95tr, exceeds budgeted target by 41%
•But revenue grew 34.8% to N8.6trn By Elizabeth Adegbesan The Federal Government (FG) recorded a N12.95 trillion budget deficit in 2024. This represents a 41 percent increase from its N9.16 trillion budgeted deficit for the review period. Details of data from the Central Bank of Nigeria, CBN, Quarterly Economic Reports for 2024 showed that the deficit […]
Nigeria’s net forex reserves rises 479% to $23bn — CBN
•Strongest in over 3 yrs By Emma Ujah, Abuja Bureau Chief The Central Bank of Nigeria (CBN) yesterday said that the nation’s Net Foreign Exchange Reserve (NFER) rose by 479 per cent to $23.11 billion in 2024 from $3.99 billion in 2023. The CBN disclosed this in a statement explaining that the increase reflected a substantial […]
Killings: Uromi on lockdown by security operatives
Police, military and plainclothes security agents have taken over strategic junctions in Uromi, headquarters of Esan North East Local Government Area of Edo State where 16 northern travellers were killed by a mob last Thursday.
Killings, kidnapping: Angry residents shut major roads in Otukpo
Major streets in the ancient town of Otukpo, the headquarters of Benue South District, were, yesterday, taken over by angry residents who came out in large numbers protesting against the increasing cases of kidnappings and killings in the area.
