Senate Approves CBN 2026 Exchange Rate, Cuts Oil Price
Nigeria's Senate has approved the CBN's exchange rate projection of N1,512/$ for 2026 and reduced the oil price benchmark to $60 per barrel. Get the full details on the 2026-2028 MTEF framework.
Nigeria's Senate has approved the CBN's exchange rate projection of N1,512/$ for 2026 and reduced the oil price benchmark to $60 per barrel. Get the full details on the 2026-2028 MTEF framework.
President Bola Tinubu will present the 2026 Appropriation Bill to a joint session of the National Assembly on Friday, December 19, 2025. Get the full details on the schedule and security arrangements for the key fiscal event.
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.
French parliament approves social security budget, suspending the unpopular pension age hike. Prime Minister Lecornu races to finalise the 2026 spending plan. Read the full details.
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'.
Labour Party warns Governor Dapo Abiodun against borrowing to fund Ogun's 2026 budget, threatens court action. Details on the N518.9bn debt plan and political showdown.
Zamfara APC accuses Governor Dauda Lawal of unconstitutional budget presentation, urges Federal Government to suspend allocations. Party cites flaws in N861bn proposal.
Kano State government defends its 2025 budget, claiming it outperformed Ganduje's administration. Commissioner Shanono presents comparative figures on education and tech spending. Read the full details.
Fresh tension in Nigeria's aviation sector as ATSSSAN officials warn against centralising union leadership under FAAN, calling it a 'dangerous monopoly'. Elections set for December 10 in Jos.
Nigerian aviation experts warn new tax reforms from January 2026 could slash sector GDP by 20% and cut 30% of jobs. Learn the risks and calls for government intervention.
Nneka Onyeali-Ikpe of Fidelity Bank urges the FG to create a special funding window from the CRR to tackle the $25bn aviation finance crisis. Discover the plan to save Nigeria's airlines.
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.
Isaac Balami University of Aeronautics signs MoU with Auxano Aviation for 30 Jabiru J430 planes to expand pilot training capacity. Delivery starts this December.
FAAN's 2025 National Aviation Conference, led by Chairman Ganduje and MD Kuku, outlined major reforms and called for global partnerships to elevate Nigeria's airports. Read the key outcomes.
Fidelity Bank CEO Nneka Onyeali-Ikpe urges the Federal Government to create specialised funding from the CRR to bridge Nigeria's $25 billion aviation finance gap and support fleet growth.
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.
FAAN's 2025 aviation conference saw Chairman Ganduje and MD Kuku unveil plans for investment, global partnerships, and major airport upgrades, driven by Tinubu's Renewed Hope Agenda.
The Federal Government has announced a N1,512 to $1 exchange rate for the 2026 budget. Discover the key projections for oil, revenue, and spending in the new fiscal framework.
Airbus reduces its 2025 aircraft delivery target from 820 to 790 due to a supplier quality issue on A320 fuselage panels. The company says up to 628 jets may need inspection.
President Tinubu announces plans for local aircraft component manufacturing, aiming to make Nigeria West Africa's aviation hub. Passenger traffic is projected to hit 25.7 million by 2029.
Kogi State Governor Ahmed Ododo presents a ₦820.49bn budget for 2026, focusing on infrastructure and debt repayment. The budget marks a 35.7% increase from 2025. Read the full details and analysis.
Lagos State's 2026 Appropriation Bill, tagged 'Budget of Shared Prosperity', passes second reading. Lawmakers debate priorities from security to education as bill heads for committee review. Read the details.
Kaduna Governor Uba Sani presents a N985.9 billion 2026 budget focused on infrastructure, education, and grassroots development. The budget allocates N100m per ward for community projects. Read more.
Governor Siminalayi Fubara vows to tackle the state's poor school infrastructure, allocating the biggest portion of the 2026 budget to education. Read his full plan for reform.
Governor Bala Mohammed presents a N878 billion 2026 budget to the Bauchi State Assembly, focusing on economic and social sectors. The budget sees a 41% increase from 2025.
Governor Abdullahi Sule presents a N517.5 billion 2026 budget to the Nasarawa State Assembly. Focused on infrastructure and job creation, the 'Budget of Strategic Consolidation' promises growth.
Katsina State Governor Dikko Radda has officially signed the 2026 budget of N897.86 billion into law. The budget incorporates inputs from over 70,000 residents across 361 wards.
Oyo State Governor Seyi Makinde presents N891 billion 2026 budget, focusing on infrastructure and education. 56.7% allocated to capital projects. Read details of the economic expansion plan.
Governor Sanwo-Olu unveils Lagos' N4.237 trillion 2026 budget focusing on infrastructure and inclusive growth. Capital expenditure leads at N2.1 trillion. Read details.
European Union exempts Germany from budget deficit punishment due to increased defence spending. Learn how EU rules adapt to security threats.