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2026 Budget: Ministries Allocate Over ₦500m for Make‑Up Artists, Hairdressers, Grinding Machines

New budget details for 2026 show that several ministries, departments and agencies (MDAs) included more than ₦500 million in allocations for skills training, make‑up artists, hairstylists and grinding machines, a development that has drawn public attention over government spending priorities, budget analysts said on January 19, 2026. Analysis of the budget estimates shows that line...
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If Anyone Takes Over a Radio Station and Says ‘Fellow Countrymen,’ Say No — Akinjide

Veteran lawyer and **First Republic minister, Chief Osuolale Abimbola Richard Akinjide (SAN), urged Nigerians to oppose any attempt to seize a radio station and broadcast on behalf of the public using the phrase “fellow countrymen”, saying such acts threaten democratic order and freedom, commentators recalled on Thursday, January 15, 2026. Akinjide’s message was referenced in...
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Nigeria’s VP Issues Stern Advice to Public Servants on Service and Integrity

Vice‑President Senator Kashim Shettima has called on public servants across Nigeria to adopt the virtues of selflessness, excellence, discipline and consistency in their work. Emphasising that sustained commitment to these values is essential for building enduring public institutions, officials said on Tuesday, January 13, 2026. Shettima delivered the message at a colloquium in Abuja organised...
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IMF Economic Prescriptions Spark Debate Among Nigerian Experts

The latest IMF economic prescriptions for Nigeria have generated mixed reactions among economists and financial experts, with many disagreeing on recommendations relating to taxation, monetary policy, and economic management. However, several analysts endorsed the International Monetary Fund’s concerns over the Federal Government’s proposed $5 billion loan arrangement with First Abu Dhabi Bank of the United...

Cardoso Wins Central Bank of the Year Award in London

Cardoso Wins Central Bank recognition after the Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, received the Central Bank of the Year Award at the Central Banking Awards ceremony held recently in London. The award acknowledges the institution’s reform efforts and contributions toward strengthening economic stability in Nigeria. The Central Banking Awards...

Textile Imports Rise 17% to N267.7bn Despite Revival Push

The value of textile products imported into Nigeria increased significantly in the first quarter of 2026, as Textile Imports Rise by 17 per cent year-on-year to N267.7 billion. The latest figures highlight the country’s continued dependence on imported textile materials despite ongoing efforts to revive domestic manufacturing. Nigeria’s textile industry was once a major contributor...

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