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Senate Urges FG to Stop Using Public Funds to Bail Out Discos
The Senate has urged the Federal Government to reconsider its strategy regarding the power sector, advocating for an end to the indirect benefit that private electricity distribution companies receive from public funds.
In the third quarter of 2025, the government plans to raise N1.76 trillion by selling treasury bills.
To support its borrowing strategy for the 2025 budget, the Central Bank of Nigeria (CBN) has begun issuing Treasury Bills (TBs) aiming to collect N1.76 trillion in the third quarter of 2025 (Q3’25).
FIRS has made significant progress —IMF
The ongoing reforms at the Federal Inland Revenue Service (FIRS) have garnered positive feedback from the International Monetary Fund (IMF), which noted important advancements in the agency's primary responsibilities.
Africa Creative Market seeks to empower local talent
On Tuesday, the organizer announced that the Africa Creative Market is back for its fourth edition, aiming to link African creatives with opportunities from around the world.
Mbah stated that Enugu Air will link Nigeria with the rest of the world.
Peter Mbah, the Governor of Enugu State, has announced the launch of Enugu Air, a new state-owned airline designed to act as a central hub for connecting countries beyond the state’s capital.
The Central Bank of Nigeria has cautioned that increasing costs for essential materials are impacting various sectors.
The Central Bank of Nigeria has issued a warning regarding the potential rise in consumer price inflation due to increasing input costs in vital sectors. This comes as businesses are currently managing these cost pressures, which might not be sustainable for much longer.
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