Budget Minister Defends Expansionary Spending, Says It’s Key to Economic Growth

Amid growing concerns over Nigeria’s increasing budget size and deficits, the Federal Government has defended its preference for an expansionary fiscal policy, which involves running large budget deficits and accumulating debt. Senator Abubakar Bagudu, Minister of Budget and Economic Planning, explained the government’s stance during a media chat in Lagos, stating that the expansionary budgetary…

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NIMC Warns Nigerians: Modify NIN Only on Official Self-Service Portal

The National Identity Management Commission (NIMC) has issued a stern warning to Nigerians, advising them to modify their National Identification Number (NIN) details exclusively through its official self-service portal. The caution, announced in a statement signed by the Head of Corporate Communications on Monday, aims to ensure the security and integrity of citizens’ data. The…

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FG Adopts TASUED in Ogun State as Federal University, Marking a Historic Milestone for Education

In a landmark decision aimed at strengthening teacher education and honoring Nigeria’s educational pioneers, the Federal Government has officially adopted the Tai Solarin University of Education (TASUED) in Ijagun, Ogun State, as a federal institution. President Bola Tinubu approved the adoption on Friday, March 7, 2025, in a move that underscores the government’s commitment to…

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NNPC Ltd Expands Domestic Gas Supply with Landmark Agreement for 80mmscf/d Supply to Ssonic Petroleum

In a significant move to bolster domestic gas utilization and support Nigeria’s industrial and economic growth, the Nigerian National Petroleum Company Limited (NNPC Ltd) has signed a landmark Gas Sale and Purchase Agreement (GSPA) with Ssonic Petroleum Ltd. The agreement, executed on Thursday, March 6, 2025, will see NNPC Gas Marketing Ltd (NGML), a subsidiary…

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NGF Pledges Continued Collaboration to Advance Gender Parity and Women’s Empowerment

The Nigeria Governors’ Forum (NGF) has reaffirmed its commitment to collaborating with stakeholders and women’s organizations to sustain progress in gender parity and women’s empowerment across the country. The announcement comes as Nigeria joins the global community in celebrating the achievements of women and advocating for greater gender equality. In a statement released on Monday,…

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BOI Disburses N108 Billion to 921 Women-Owned Businesses to Bridge Gender Gap

In a significant move to empower women entrepreneurs and bridge the gender gap in Nigeria’s economy, the Bank of Industry (BOI) has disbursed N108 billion in loans to 921 women-owned businesses. The initiative, announced during BOI’s commemoration of International Women’s Day 2025, underscores the bank’s commitment to expanding access to financing and business opportunities for…

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National Theater Transformation to Unlock $25 Billion Creative Sector Potential, Says CBN Governor Cardoso

Lagos, Nigeria – The Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, has declared that the transformation of the National Theater in Lagos will serve as a catalyst for unlocking the $25 billion income potential of Nigeria’s creative sector. Cardoso made the statement during a press briefing following a tour of the upgraded National Theater,…

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