MEGA BUDGET FOR A MEGA CITY! Lagos Assembly Gives the ‘Green Light’ to Record-Breaking ₦4.4 Trillion Spending Plan for 2026! Lagos is ready to spend big in 2026! The State House of Assembly has just approved a staggering ₦4.4 trillion budget, making it the most ambitious spending plan ever seen in any Nigerian state. The […]
Rep. Wole Oke (PDP-Osun), the Chairman of the House of Representatives Committee on Public Accounts, says the house is not against the possible tenure extension of the Auditor-General of the Federation, Mr Anthony Ayine. In a statement on Sunday in Abuja, Oke said that the House had no objection to the reappointment as being speculated […]
The Central Bank of Nigeria (CBN) has implemented new regulations preventing international oil companies from transferring 100% of their foreign exchange proceeds to their parent companies overseas in a single transaction. Instead, the apex bank has directed that these companies can initially repatriate 50% of their proceeds, with the remaining half available for repatriation after […]
