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NPA reports 1,085% surge in Q3 export containers

17.12.2025
The Nigerian Ports Authority said it has recorded a 1,085 per cent surge in export-laden containers as total cargo throughput rose to 33.52 million metric tonnes in the third quarter of 2025. In a statement on Monday, the NPA stressed that the figure is one of its strongest quarterly performances in recent years. The statement...
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Nigeria’s Federation Account Inflows Hit N23.06tn in 10 Mont

17.12.2025
The Revenue Mobilisation Allocation and Fiscal Commission has said inflows into the Federation Account rose to N23.06tn in the first 10 months of 2025, attributing the increase to fiscal reforms, stronger audits, and improved coordination among revenue agencies. The Chairman of the commission, Mohammed Shehu, disclosed this on Monday in Abuja while delivering his keynote...
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Reps Summon 3 Discos Over N100bn Unpaid Federal Debt

17.12.2025
The House of Representatives Public Accounts Committee on Monday summoned the management of Ibadan Electricity Distribution Company, Benin Electricity Distribution Company, and Port Harcourt Electricity Distribution Company over their failure to remit more than N100bn owed to the Federal Government. At a public hearing in Abuja, the committee issued a 72-hour ultimatum to the three...
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Agboyi-Ketu council tables N10.1bn budget for 2026

17.12.2025
The Agboyi-Ketu Local Council Development Area in Lagos State on Monday presented a N10.1bn budget for 2026, with more than half earmarked for capital projects, including roads and bridges. The plan, expected to go through passage at the legislative chamber in the coming weeks, also prioritises security and measures to boost internally generated revenue. The...
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FG, States, LGAs Share N1.93tn November Revenue

17.12.2025
The Federal Government, states, and Local Government Councils shared a total of N1.928tn as Federation Account revenue for November 2025, representing a sharp month-on-month decline from the N2.094tn distributed in October. According to a press statement on Monday by the Director of Press and Public Relations in the Office of the Accountant-General of the Federation,...
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Nigeria inflation rate eases to 14.45% in November 2025

17.12.2025
Nigeria’s headline inflation rate eased further in November 2025 as consumer price pressures moderated under the new base year, according to the latest Consumer Price Index report released by the National Bureau of Statistics. The NBS said the Consumer Price Index rose to 130.5 points in November 2025 from 128.9 points in October, reflecting a...
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Building resilient financial markets in Nigeria

17.12.2025
The Financial Market Dealers Association has convened its 9th Annual Financial Market Conference, bringing together policymakers, regulators, bankers, dealers, and fintech leaders to chart a sustainable future for Nigeria’s financial system. The conference, held under the theme “Future-proofing Nigeria’s Financial Market System: Policy, Technology and Market Confidence,” focused on how regulation, innovation, and trust can...
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Nigerian Firms Secure N51.7bn in Local Content Funds

17.12.2025
A total of 132 Nigerian companies have accessed N51.785bn and $359.653m from local content intervention funds aimed at promoting indigenous participation in the country’s oil and gas sector, the Nigerian Content Development and Monitoring Board has disclosed. The funding, designed to strengthen the capacity of Nigerian firms, includes the $350 million Nigerian Content Intervention Fund,...
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Digital skills in Kano are key to economic growth

16.12.2025
The Director-General of the National Information Technology Development Agency, Kashifu Inuwa, has linked Kano State’s future economic growth to the development of digital skills and the promotion of innovation, urging stakeholders to embrace technology-driven strategies to strengthen the state’s economy. Speaking at the Kano Start-up Weekend, Inuwa highlighted Kano’s historic role as the commercial hub...
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NGX Gains N3bn Amid Cautious Investor Trading

16.12.2025
The Nigerian Exchange Limited closed the first weekday of trading on a modest positive note, gaining about N3bn as investors adopted a cautious stance amid mixed sentiment across sectors. Market capitalisation edged up to about N95.3tn, while the All-Share Index (ASI) inched higher by 4.62 points to close at 149,437.88, reflecting mild buying interest despite...
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I apologise for saying no heaven without tithe – Adeboye

04.10.2024
The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, has apologised for saying that Christians who don’t pay tithe might not make it to heaven. Adeboye who had previously said that paying tithe was one of the prerequisites for going to heaven, apologised for the comment while addressing his congregation Thursday...

Protesters storm Rivers electoral commission, insist election must hold

04.10.2024
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Man who asked Tinubu to resign admitted in psychiatric hospital

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The Adamawa State Police Command has disclosed that the 30-year-old Abdullahi Mohammed who climbed a 33 kv high tension electricity pole in Mayo-Belwa last Friday has been admitted at the Yola Psychiatric hospital for mental examination. The Police Public Relations Officer of the command SP Suleiman Nguroje, told Arewa PUNCH on Friday in an exclusive...

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