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President Bola Ahmed Tinubu has formally submitted the 2026 statutory budget of the Federal Capital Territory Administration to the Nigerian Senate, seeking legislative approval for an estimated N1.9 trillion spending plan focused on infrastructure, healthcare, education, and poverty reduction programmes. Senate President Godswill Akpabio read the President’s letter on the chamber floor during Tuesday’s plenary…
The Ruwais refinery in Abu Dhabi, described by state oil company Adnoc as the world’s fourth-largest single-site refinery, has halted operations as a precautionary measure following a drone attack on the nearby industrial complex, a source confirmed on Tuesday. The shutdown comes as Saudi Aramco’s chief executive warned that the escalating Middle East conflict could…
President Bola Tinubu has described the death of former Super Eagles head coach and renowned football administrator, Festus Adegboye Onigbinde, as a profound loss to Nigerian football, praising the late sports icon for his pioneering contributions to the development of the game in the country. In a condolence message issued through his Special Adviser…
The African continent recorded the highest regional aviation accident rate in the world during 2025, even as global safety performance showed marginal improvement, according to the 2025 Annual Safety Report released on Monday by the International Air Transport Association (IATA). The report, which assesses the safety performance of the global aviation industry, indicates that…
The English Premier League has formally adopted a new financial framework allowing member clubs to allocate up to 85% of their revenue toward squad costs, a threshold that substantially exceeds the 70% limit imposed by European football governing body UEFA on clubs competing in continental competitions. The decision, finalised through a vote of Premier…
Manchester City midfielder Rodri has been handed an £80,000 fine by The Football Association for comments he made questioning the neutrality of referee Robert Jones following the club’s 2-2 Premier League draw with Tottenham Hotspur on 1 February. The Spain international escaped a playing suspension after an independent regulatory commission determined that the threshold…
African technology startups raised 272 million during February 2026, representing a 56 per cent increase over January’s figures and positioning the continent’s venture ecosystem marginally ahead of comparable 2024 performance, according to data published by Africa: The Big Deal. The monthly rebound, captured across 40 individual transactions exceeding 100,000 in value, signals renewed capital…
The Federal Ministry of Budget and Economic Planning has initiated the renewal of the Federal Cooperation Agreement with Médecins Sans Frontières (MSF) Nigeria to ensure life-saving medical operations continue without interruption. Minister of Budget and Economic Planning, Senator Abubakar Bagudu, hosted MSF leadership in Abuja on Monday to address the shifting landscape of humanitarian aid…
The African Development Bank (AfDB) has unveiled the Integrated Aviation Transformation Programme, a continent-wide financing platform designed to turn surging passenger demand into sustainable profits. Presented at the Airlines, Capital and Connectivity Forum in Nairobi, the initiative seeks to mobilise long-term capital for a sector that remains paradoxically unprofitable. Despite Africa being home to 18…
The Nigerian Export Promotion Council (NEPC) has revealed that non-oil goods account for only 10 per cent of Nigeria’s total exports to the European Union. Despite a substantial total trade volume of $21.87 billion in 2024, the export basket remains heavily dominated by crude oil. Mrs. Nonye Ayeni, the NEPC Executive Director, urged domestic agro-exporters…
