NGX Opens 2026 Positive, Market Cap Nears N100 Trillion
Nigeria's equities market started 2026 with a 0.57% gain, pushing market capitalisation close to N100 trillion. Analysts cite reforms and optimism as key drivers. Read the full market analysis.
Category : Search result: N100 trillion
Uzodimma Signs N1.4 Trillion 2026 Imo Budget
Imo State Governor Hope Uzodimma has signed the 2026 appropriation bill of over N1.4 trillion into law, promising clinical implementation. He also directed payment of a 13th-month bonus to civil servants. Read more.
Yusuf Signs N1.477 Trillion 2026 Budget in Kano
Kano State Governor Abba Kabir Yusuf has signed a record N1.477 trillion 2026 budget into law. The 'Budget of Infrastructure and Consolidation' focuses on education, health, and capital projects. Read details.
NDDC's N1.75tr Budget Must Benefit Niger Delta People
House Committee on NDDC demands tangible results from the N1.75 trillion 2025 budget. Chair Ibori-Suenu vows rigorous oversight for accountability and development in the Niger Delta.
22 Nigerian Stocks Surpass N1 Trillion Market Cap
The Nigerian Exchange (NGX) reaches a new milestone as 22 listed companies achieve a market capitalisation above N1 trillion, dominating the equity market. Discover the full list and what it means for investors.
Actor Ijebu Spent N1.8 Trillion on Data in 2025
Yoruba actor Ijebu shocks fans by revealing he spent an estimated N1.8 trillion on internet data in 2025. The comic actor said the cost kept him awake at night. Read full story.
Rivers Workers Get N100,000 Christmas Bonus from Gov Fubara
Governor Siminalayi Fubara of Rivers State has announced a N100,000 Christmas bonus for workers and pensioners, sparking jubilation. This marks his third consecutive year of festive largesse.
Otedola Sells Geregu Power Stake for N1.088 Trillion
Nigerian billionaire Femi Otedola has sold his controlling stake in Geregu Power Plc in a landmark N1.088 trillion transaction. Discover the details and implications of this major shift in Nigeria's energy sector.
FG Cancels N5.57 Trillion, $1.42 Billion NNPC Debt
President Tinubu approves massive debt write-off for NNPC after reconciliation, aiming for a clean financial slate. Discover the details and ongoing revenue challenges.
Kailani Apologises to Dangote Over N100bn Lawsuit Threat
Professor Kailani Mohammed retracts comments on Aliko Dangote's early business, issues an unreserved apology, and faces a N100 billion damages claim. Full details on the legal dispute and resolution.
Dangote Demands Retraction or Faces N100bn Suit
Aliko Dangote gives Kaduna businessman Kailani Mohammed 7 days to retract libellous publication accusing him of 'unclean business' or face a N100 billion lawsuit. Full details.
Dangote Issues N100bn Defamation Ultimatum
Aliko Dangote threatens a N100 billion lawsuit against Engr. Kailani Mohammed over alleged defamatory claims about his business past. The businessman has seven days to retract and apologize.
Court Restrains Ex-Commissioner in N100bn Otti Defamation Case
An FCT High Court has barred former Abia Information Commissioner Eze Chikamnayo from making defamatory comments against Governor Alex Otti, pending a N100bn lawsuit. Details on the legal battle.
Nigeria's 2026 Budget: N58.47tr Approved, Lower Exchange Rate Set
Nigeria's Federal Executive Council has approved a N58.47 trillion budget for 2026, targeting a lower exchange rate of N1,400/$. Get the full breakdown of allocations and fiscal strategy.
Tinubu Presents N54.4tr 2026 Budget at NASS
President Bola Tinubu presents the 2026 Appropriation Bill of N54.46 trillion to the National Assembly under heavy security. Read the full details of the budget presentation and its implications.
Tinubu Proposes N43.56trn Bill to End Multiple Budgets
President Tinubu transmits a N43.56 trillion appropriation bill to unify 2024-2025 spending, aiming to stop overlapping budgets and boost capital project performance. Urges swift legislative approval.
Sujimoto's N20tr Border, Agro-Plan to Fight Insecurity
Sujimoto Group proposes a N20 trillion fortified border and agricultural development initiative to combat terrorism and banditry. The plan integrates security with economic growth. Read more.
Gas Issues, N6tr Debt Cripple Nigeria's Power Generation
Nigeria's electricity supply plummets due to gas constraints and a massive N6 trillion debt owed to power generation companies. Find out why the grid remains unstable.
Senate Okays MTEF, Paves Way for ₦54.4tr 2026 Budget
The Nigerian Senate has approved the 2026-2028 MTEF, enabling President Tinubu to present a historic ₦54.4 trillion budget. Key fiscal parameters set the stage for the national spending plan. Read the full details.
CBN Gets Deadline to Account for N5.2tr Unremitted Funds
The House of Reps Public Accounts Committee has ordered the CBN to reconcile N5.2 trillion in unremitted operating surplus by January 19, 2026. Get the full details on the fiscal accountability probe.
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.
FG, States, LGs Share N1.9trn as FAAC Allocation Drops
The Federation Account Allocation Committee (FAAC) distributed N1.928 trillion for November 2025, a significant drop from October. See the full breakdown for FG, states, and LGs.
N3.8tr Loss: Lagos Traffic Crisis and Tech Solutions
Lagos traffic costs the economy N3.8 trillion yearly. As Yuletide approaches, experts push for tech-driven solutions like e-Call-Up systems and mass transit to salvage the situation. Read more.
Delta Assembly Passes N1.73tr 2026 Budget
Delta State House of Assembly passes a N1.73 trillion budget for 2026, raising the governor's proposal by N65.6 billion. Read details on the budget breakdown and legislative process.
Bagudu: Youth Skills Key to $1 Trillion Economy by 2030
Minister Bagudu says Nigeria can hit a $1 trillion economy by 2030, but only if its booming youth population is equipped with critical skills. He warns the opportunity is time-sensitive.
Lawmaker seeks sack of Finance Minister over N4tr debt
Rep. Ikenga Ugochinyere calls for the dismissal of Finance Minister Wale Edun and FIRS Chairman Zacch Adedeji over N4 trillion unpaid contracts, accusing them of sabotaging Tinubu's agenda. Contractors protest non-payment.
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.
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.
FG to Clear N4tr Road Contractors' Debt by Dec 20
The Federal Government has set a December 20 deadline to settle all outstanding payments owed to road contractors, following protests over N4 trillion in delayed project financing. Minister David Umahi announced the presidential directive.
72 Data Centres Needed for Nigeria's $1 Trn Economy
Digital Realty CEO Ikechukwu Nnamani says Nigeria requires 72 edge data centres to power a $1 trillion economy by 2030. He highlights a severe infrastructure gap and lack of AI-ready facilities.
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