Economy

FEC Approves N47.9 Trillion 2025 Budget to Drive Growth, Tackle Inflation, and Spur Infrastructure Development

The Federal Executive Council (FEC) has approved a historic N47.9 trillion budget proposal for the fiscal year 2025 as part of its efforts to...

Nigeria Set to Benefit from ECOWAS’ $350 Million Women Empowerment Initiative to Boost Financial Inclusion and Entrepreneurship

Nigeria is poised to gain significantly from the Economic Community of West African States (ECOWAS) $350 million initiative aimed at empowering women across its...

Mark Zuckerberg’s Meta Donates $1M to Trump’s Inaugural Fund: Strategic Politics or Corporate Survival?

In a surprising development, Meta Platforms, led by CEO Mark Zuckerberg, has contributed $1 million to President-elect Donald Trump’s inaugural fund. The donation, disclosed...

Nigeria’s N1.1 Trillion Sukuk Bonds: Transforming Infrastructure and Driving Islamic Finance Growth

  Since 2017, the Federal Government of Nigeria has issued six Sovereign Sukuk bonds worth N1.1 trillion ($657.6 million), financing 124 road projects across 5,820...

FG Threatens Contempt Action Against Governors Defying Local Government Autonomy in Nigeria

The Federal Government (FG) of Nigeria has intensified its campaign to ensure full autonomy for local governments, taking legal action against state governors accused...

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