May 2, 2025

Budget Brief: Lagos Spends ₦130bn on Welfare, Aims for ₦2.97tn Revenue in 2025

At the 2025 Ministerial Press Briefing, Lagos State Commissioner for Economic Planning and Budget, Ope George, disclosed that the state government invested ₦130 billion in social intervention programmes in 2024, impacting over 18.5 million residents. These interventions included targeted transport subsidies to ease the burden of fuel subsidy removal, and the Ounje Eko food programme, […]

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SEC DG Warns Nigerians: CAC, EFCC Certificates Not Proof of Investment Firm Registration

The Director-General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has cautioned Nigerians against trusting investment firms that are not registered or regulated by the SEC, stressing that registration with the Corporate Affairs Commission (CAC) and possession of a SCUML certificate from the Economic and Financial Crimes Commission (EFCC) do not constitute proper

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Labour Union Slams ‘Insensitive’ Tax Bill, Calls for Withdrawal

The President of the Trade Union Congress (TUC), Mr. Festus Osifo, has voiced strong opposition to the Federal Government’s proposed tax bills, arguing that they place undue financial strain on workers’ already limited allowances. Speaking at the 2025 May Day celebration held in Abuja on Thursday, Osifo criticised the tax proposals, stating they unfairly target

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