NEWS

Tinubu hails $1.26bn financing milestone for Lagos–Calabar Coastal Highway

Daily Dispatch December 26, 2025

President Bola Ahmed Tinubu has commended the Federal Ministry of Finance and other key agencies for securing a landmark $1.26 billion financing package for Phase 1, Section 2 of the Lagos–Calabar Coastal Highway, describing it as a major boost to Nigeria’s infrastructure drive. In a statement

BUSINESS

FG falls short of 2025revenue target by N30 trn – Finance Minister

Daily Dispatch December 17, 2025

The Federal Government has recorded a major revenue shortfall in the 2025 fiscal year, missing its target by about N30 trillion, the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has disclosed. Edun made this known during an interactive session with the House of Representatives Committees on Finance and National Planning, convened […]

NEWS

Senate, Executive Hold Interactive Session on 2026–2028 MTEF, FSP

Daily Dispatch December 15, 2025

An interactive session is currently underway between the Senate Committee on Finance and key Ministries, Departments and Agencies (MDAs) over the 2026–2028 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP). The three-year economic framework, which sets out the federal government’s fiscal and budgetary projections, is designed in line with the Fiscal

BUSINESS

Just In: Nigeria’s merchandise trade hits N38.9 trn in Q3 2025

Daily Dispatch December 11, 2025

Nigeria’s total merchandise trade surged to N38.9 trillion in the third quarter of 2025, marking a significant expansion in the nation’s trade activities. According to newly released official figures, the Q3 2025 trade value represents an 8.71% increase compared to the N35.8 trillion recorded in the same period of 2024. It also reflects a 2.36% […]

NEWS

House of Reps holds closed-door meeting with Finance Minister, FIRS Chair over unpaid contractor debts

Daily Dispatch December 9, 2025

The House of Representatives on Tuesday entered a closed-door session with the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, and the Executive Chairman of the Federal Inland Revenue Service (FIRS), Zacch Adedeji, to address the growing controversy surrounding delayed payments to indigenous contractors. The meeting comes amid sustained protests by

NEWS

FG directs MDAs to roll over 70% of 2025 capital budget into 2026

Daily Dispatch December 9, 2025

The Federal Government has directed all ministries, departments, and agencies (MDAs) to carry forward at least 70 per cent of their 2025 capital budget into the 2026 fiscal year, as part of a broader strategy to prioritise ongoing projects and curb escalating expenditure pressures amid revenue shortfalls. The directive is contained in the 2026 Abridged […]