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Sunday, August 16, 2026

Economy

August 13, 2026

Cross River assembly approves N963 billion supplementary budget

The revised figure represents an increase of N1.45 billion from the earlier N961 billion provision, which translates to a 0.15 per cent increase.

Elvert Ayambem (Credit: Elvert Ayambem)
August 13, 2026

Unremitted N25 billion ticket levies hampering aviation operations: NUATE

Mr Yusuf said aviation agencies required the funds to provide adequate services, meet running costs and ensure the welfare of their employees.

National Union of Air Transport Employees (NUATE)
August 13, 2026

FG announces three bonds worth N1.1 trillion for subscription at N1, 000 per unit

According the DMO, interest is payable semi-annually, while bullet repayment is on the maturity date.

DMO
August 13, 2026

FG re-opens three bonds valued at N1 trillion for August subscription

The Debt Management Office has announced an offer of three federal government bonds valued at N1.1 trillion for subscription at N1,000 per unit.

Tinubu signing a document
August 13, 2026

PDP to train 100 youths on vocational, entrepreneurial skills

The Peoples Democratic Party youth leader, Ibrahim Bala-Aboki, has announced a plan by its youth arm to train 100 youths in different vocational and entrepreneurial skills.

Peoples Democratic Party (PDP)
August 13, 2026

LWC, Julius Berger seek stronger coordination on Lagos infrastructure

The Lagos Water Corporation has commenced discussions with Julius Berger Nigeria Plc to strengthen coordination between water and road infrastructure projects.

LWC, Julius Berger
August 13, 2026

Tinubu Hardship: Soaring rents push Abuja families to skip meals, healthcare, education

Residents of Kubwa in the Bwari Area Council, Federal Capital Territory, say rising rents are forcing families to spend less on food, healthcare and education.

President Bola Tinubu
August 13, 2026

Call made for increased investment in social protection for inclusive development

A social policy expert has called for increased investment in social protection to reduce poverty and promote inclusive development.

Old people
August 13, 2026

Deutsche Bank becomes first European clearing house for China’s renminbi

Deutsche Bank has become the first European clearing house for China’s renminbi.

Stash of renminbi cash
August 13, 2026

U.S., Japan to rival China via world’s deepest undersea mine for rare earths

U.S. and Japan are collaborating on undersea mining of rare earth minerals in Minamitorishima Island in a move to rival China’s dominance of global rare earth mining.

Undersea rare earths