Ngige Granted Bail in ₦2.2bn Fraud Case
Former Labour Minister Chris Ngige has been granted bail by an FCT High Court in his ₦2.2 billion contract fraud trial. The court set strict conditions for his release. Read the full details.
Category : Search result: N32 billion recurrent expenditure
Nigeria's Debt, Salaries Exceed Revenue in 2025
Nigeria's Federal Government spent more on debt servicing and salaries than it earned in 2025's first seven months, with a N10.19tn revenue shortfall. Oil earnings slumped over 60%. Read the full analysis.
Oyo Assembly Passes N892bn 2026 Budget
Oyo State House of Assembly approves N892 billion 2026 budget, with capital expenditure exceeding recurrent spending. Infrastructure gets top priority. Read more.
NELFUND Loans: N154.4bn Reaches 788,947 Students
Nigerian Education Loan Fund has disbursed over N154 billion in interest-free loans to students. MD Akintunde Sawyerr urges more applicants and explains reasons for failed applications.
Fubara Confirms ₦600bn in Rivers State Treasury
Governor Siminalayi Fubara confirms Rivers State has ₦600bn in its coffers, pledges detailed public accounting of all funds and project spending. Read the full report.
Fubara: ₦600bn in Rivers Coffers After Emergency Rule
Governor Siminalayi Fubara reveals he met over ₦600 billion in Rivers State's treasury after emergency rule, defending his administration's transparent spending. Read details of the executive-legislature tension.
Nigeria's 2025 Revenue Shortfall Hits N30 Trillion
Finance Minister Wale Edun reveals the Federal Government may fall short of its 2025 revenue target by N30 trillion. Discover the causes and government's response. Read more.
The Weeknd's $1B Music Deal Explained
The Weeknd's $1 billion catalogue deal with Lyric Capital is a strategic partnership, not a sale. He retains creative control and ownership, setting a new standard for artist equity in the music industry.
Oborevwori Signs Delta's N1.729tr 2026 Budget
Delta State Governor Sheriff Oborevwori has signed the N1.729 trillion 2026 budget into law, a 70% increase from 2025. The budget focuses on capital projects and is tagged 'Budget of Accelerating the MORE Agenda'. Read more.
Oborevwori Signs N1.729 Trillion 2026 Budget Into Law
Delta State Governor Sheriff Oborevwori has signed the N1.729 trillion 2026 budget, a 70% increase focused on capital projects. He also enacted laws on social investment, education, and security.
Drake Breaks His Own Spotify Annual Streaming Record in 2025
Hip-hop superstar Drake has set a new record for the most Spotify streams by a rapper in a single year, surpassing 17.6 billion in 2025. Discover the strategy behind his massive success.
Reps summon 3 DisCos over N100bn debt to FG
The House of Representatives Public Accounts Committee has summoned IBEDC, BEDC, and PHEDC over an alleged N100 billion debt. The companies have 72 hours to appear or face sanctions. Read more.
Okpebholo presents ₦939.85bn 2026 budget to Edo Assembly
Governor Monday Okpebholo presents a ₦939.85 billion 2026 Appropriation Bill focused on security, infrastructure, and job creation. See the full breakdown of Edo State's 'Budget of Hope and Growth'.
FG Takes Over N47bn Abandoned Kano Road Project
The Federal Government has approved N47 billion to reconstruct the long-abandoned 6.7km Wuju-Wuju Jakara road in Kano, a project started in 2013. Read more about this major infrastructure revival.
Elon Musk's Net Worth Surpasses $600 Billion
Elon Musk makes history as the first person to achieve a $600 billion net worth. Discover how Tesla, SpaceX, and AI ventures fueled this unprecedented wealth milestone.
Trump Files $10 Billion Defamation Lawsuit Against BBC
US President Donald Trump sues BBC for $10 billion, alleging defamation over edited 2021 speech. The scandal led to resignations at the broadcaster. Read the full details.
ADC to Protest FG's N500bn Debt to Contractors, Pensioners
The African Democratic Congress (ADC) threatens to join ongoing protests by unpaid local contractors and pensioners. The party condemns the APC-led Federal Government's staggering debts, calling it insensitive governance.
Netflix Buys Warner Bros for $82.7bn, DStv Loses Channels
Netflix agrees to a historic $82.7 billion acquisition of Warner Bros. Discovery. The deal, set for 2026, will see 11 channels exit DStv and GOtv in Africa. Read the full story.
Shettima launches N1bn family business grants
Vice President Kashim Shettima launched a N1 billion family business grant initiative in Akwa Ibom, empowering 3,000 families. The programme aligns with Tinubu's Renewed Hope Agenda.
Natasha to Prove Akpabio Sex Harassment Claims in Court
Civil society groups say Senator Natasha Akpoti-Uduaghan now has a lawful platform to prove sexual harassment allegations against Senate President Godswill Akpabio, following his N200 billion lawsuit. Read the full details.
N185bn Approved to Settle Gas Debts for Power Boost
The Federal Government has approved N185 billion to pay legacy debts to gas producers, aiming to restore confidence, boost gas supply, and improve Nigeria's electricity generation. Read more.
Friday Osanebi Donates ₦1bn for Delta Christmas Celebrations
Former Delta Deputy Speaker Friday Osanebi releases ₦1 billion for Christmas support to Deltans. The massive donation includes food items and cash to ease economic hardship. Read details of the distribution and a related crime update.
Zulum laments N100bn security spend, contractors scared
Borno Governor Babagana Zulum reveals spending N100 billion on security in 2025, but contractors still refuse projects due to threats. Read his plan to bypass the crisis.
Netflix Buys Warner Bros. Discovery for $83 Billion
Streaming giant Netflix announces a historic $83 billion acquisition of Warner Bros. Discovery, reshaping the global entertainment landscape. Get the full details on this landmark deal.
Zulum: Borno spent N100bn on security in 2025
Governor Babagana Zulum discloses Borno State spent about N100 billion on security in 2025, stalling road projects and development. Read about the impact and plans.
Netflix Buys Warner Bros. Discovery for $83 Billion
Streaming giant Netflix agrees to acquire Warner Bros. Discovery for nearly $83 billion, the biggest entertainment merger since Disney-Fox. Details inside.
Zamfara's N861bn 2026 Budget Targets Growth
Governor Dauda Lawal presents a N861 billion budget for Zamfara's 2026 fiscal year, with 83% allocated to capital expenditure for transformation. Read the full breakdown.
House Issues 72-Hour Ultimatum to PAP Boss Over N26bn
The House of Representatives demands PAP Coordinator Dennis Otuaro appear before its committee over N26bn audit queries. Failure could lead to an arrest warrant. Meanwhile, nine PAP scholars graduate in the UK.
Reps Threaten Arrest of Amnesty Boss Over ₦26bn Probe
The House of Representatives gives Amnesty Programme boss Dr. Dennis Otuaro 72 hours to appear over ₦26 billion audit queries or face arrest. Read the full details.
Zamfara's N861.3bn 2026 budget presented to Assembly
Governor Dauda Lawal presents a N861.3 billion budget for 2026 to the Zamfara State House of Assembly, with 83% allocated to capital projects in security, agriculture, and infrastructure. Read the full breakdown.
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