Economy

2026 budget: FG sets aside ₦13.12bn for arms procurement

The Federal Government has earmarked over ₦13.12 billion for the procurement of arms, ammunition and related equipment for Nigeria’s security agencies in the 2026...

Imports: CBN allows temporary use of expired NAFDAC licences

The Central Bank of Nigeria (CBN) has approved a temporary window allowing importers to use expired National Agency for Food and Drug Administration and...

PAYE cuts raise workers’ take-home pay: Oyedele 

The Chairman, Presidential Fiscal Policy and Tax Reforms Committee, Mr Taiwo Oyedele, has said as a result of the new tax laws, Nigerian employees...

NAFDAC explains reasons behind sachet alcohol ban

The National Agency for Food and Drug Administration and Control (NAFDAC) has stated why it began enforcement of the ban on alcoholic beverages sold...

NESREA moves to curb sachet water consumption as annual use hits 2.5bn L

The National Environmental Standards and Regulations Enforcement Agency (NESREA) says Nigeria consumes over 2.5 billion litres of sachet water annually, produced by more than...

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