The National Assembly and civic organization BudgIT clashed on Tuesday, May 20, 2025, over allegations that lawmakers inserted 11,122 projects worth N6.93 trillion into the 2025 national budget. BudgIT claimed the projects, added without executive approval, were misaligned with the Medium-Term National Development Plan (2021–2025) and national priorities, accusing the legislature of turning the budget […]
The Lagos State Government announced on Tuesday, May 13, 2025, that it has attracted partnership deals worth over $13 trillion for sustainable infrastructural investments across various sectors of the state’s economy over the past six years. Speaking during a ministerial press briefing to mark the second year of Governor Babajide Sanwo-Olu’s second term at Alausa, […]
The Federal Government has emphasized the economic potential of President Bola Tinubu’s recently announced ‘Nigeria First’ procurement policy, projecting it could add approximately N3 trillion annually to the national economy. Speaking at a media briefing on Sunday, May 18, 2025, Minister of State for Industry, Trade and Investment, John Enoh, stated that the policy is […]
Dangote Petroleum Refinery received 146,000 metric tonnes of crude oil from the international market on Sunday, May 18, 2025, with the vessel Hercules still discharging its cargo, according to Vanguard. Another vessel, Sienna, is expected to arrive with 125,000 metric tonnes of crude oil for refining at the 650,000 barrels per day facility in Lekki, […]
Abdul Samad Rabiu, Chairman of BUA Group, announced on Thursday, May 15, 2025, that the company will freeze cement prices for contractors involved in the Federal Government’s Renewed Hope agenda projects, a decision made in collaboration with Dangote Cement’s Aliko Dangote to support President Bola Tinubu’s economic recovery efforts. Speaking to journalists after meeting Tinubu […]
The House of Representatives Committee on National Planning and Economic Development has cautioned the Central Bank of Nigeria (CBN) against the unintended consequences of maintaining high interest rates to curb inflation, as the CBN prepares for its 300th Monetary Policy Committee (MPC) meeting on May 19–20, 2025, in Abuja. During a meeting with the Statistician-General […]
Arsenal clinched their place in the Champions League with a 1-0 victory over Newcastle United on Sunday, May 18, 2025, at the Emirates Stadium, thanks to a spectacular second-half goal from Declan Rice. The midfielder’s 55th-minute thunderbolt, a first-time strike from a Martin Odegaard pass, ended Arsenal’s five-game winless streak and ensured they will compete […]
South Africa secured their inaugural CAF U-20 Africa Cup of Nations title on Sunday, May 18, 2025, defeating Morocco 1-0 in a tightly contested final at Cairo International Stadium. The decisive moment came in the 70th minute when Gomolemo Kekana unleashed a stunning right-footed strike from outside the box, curling the ball into the top […]
The Lagos State chapter of the Labour Party (LP) expressed confidence in securing victory in the upcoming July 12, 2025, local government elections, provided the polls are conducted fairly. In an interview with the News Agency of Nigeria (NAN) on Sunday, May 18, 2025, LP Deputy Chairman Olusupo Ajayi highlighted the party’s strong performance in […]
Dr. Ikechukwu Ezeugwu, the immediate past Deputy Speaker of the Enugu State House of Assembly, announced his resignation from the Peoples Democratic Party (PDP) on Sunday, May 18, 2025. In a letter addressed to the PDP Chairman of Udunedum Ward in Udenu Local Government Area, Ezeugwu accused the party of deliberate wrongdoings, labeling its operations […]