By Ayomide Otitoju The Akwa Ibom State House of Assembly on Tuesday ratified the 2026 Appropriation Bill, approving a total budget of ₦1.39 trillion, compared with the adjusted ₦1.65 trillion allocation for the 2025 fiscal year. The budget, which provides for ₦354.87 billion in recurrent expenditure and ₦1.035 trillion for capital projects, was approved following…
By Ayomide Otitoju Governor of Anambra State, Professor Chukwuma Charles Soludo, CFR, has extended his congratulations and warm wishes to Ndi Anambra and Nigerians as the country ushers in the New Year 2026, expressing hope, gratitude, and renewed determination for the year ahead. In his New Year goodwill message, the governor said the beginning of…
By Ayomide Otitoju JMG, a leading provider of hybrid and integrated electromechanical energy solutions, has reaffirmed its commitment to delivering comfort, safety, and efficiency across residential, commercial, and industrial structures, while supporting a more sustainable and greener future. In a statement to mark the New Year, the company said it remains focused on its long-term…
By Ayomide Otitoju Soldiers securing the Arena Military Market in Bolade, Oshodi, Lagos, on Wednesday barred journalists from accessing or filming the scene of a fire that destroyed parts of the market the previous day, citing an ongoing investigation and restrictions on media coverage. Journalists who visited the site reported that the blaze affected a…
By Ayomide Otitoju The Pacific island nation of Kiribati was the first country to welcome 2026, as clocks struck midnight in its Line Islands. New Year celebrations are set to unfold gradually across the globe, beginning in Oceania and moving through East Asia, South and Southeast Asia, the Middle East, Europe, Africa, and the Americas….
BynAyomide Otitoju The Central Bank of Nigeria (CBN) has projected that the country’s external reserves will rise to $51.04 billion in 2026, up from $45 billion in 2025, according to its Macroeconomic Outlook for Nigeria, 2026, titled “Consolidating Macroeconomic Stability Amid Global Uncertainty”, published on Tuesday. The apex bank attributed the anticipated increase in reserves…
By Ayomide Otitoju Peter Obi, the Labour Party’s 2023 presidential candidate, has officially joined the African Democratic Congress (ADC), alongside other political leaders from Nigeria’s South-East geopolitical zone. The declaration was made on Wednesday in Enugu, the state capital, after months of consultations. The leaders said their move aims to collaborate with opposition parties nationwide…
By Ayomide Otitoju The Rivers State Government has clarified that its annual ₦100,000 Christmas bonus is disbursed to all civil and public office holders in the state, without discrimination. Dr. Honour Sirawoo, Permanent Secretary of the Ministry of Information and Communications, stated that the bonus is paid across the board, including to pensioners, as long…
By Ayomide Otitoju The Federal Government has reaffirmed that the newly enacted tax laws will take full effect on January 1, 2026, dismissing speculations about possible delays or policy reversals. In a statement issued from the State House on December 30, 2025, President Bola Ahmed Tinubu said the reforms form part of a broader effort…
