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Naira Extends Losing Streak, Slides Again Against Dollar.

From Seun Johnson Nigeria’s currency continued its downward trend against the United States dollar, marking a second straight week of depreciation across both official and parallel foreign exchange markets. Figures published on Friday by the Central Bank of Nigeria showed that the naira closed at ₦1,393.26 per dollar, weaker than the ₦1,387.45 recorded earlier in…

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SAM NKIRE ON SUNDAY

HEAVEN HELPS THOSE WHO CAN’T HELP THEMSELVES. *David speaking in Psalms 63:7 said: “Because you have been my help, therefore in the shadow of your wings I will rejoice.” *God helps those who rely on Him first. God does not rush to help the strong, proud and pompous. A believer relies on God, through Christ…

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₦1.15 Trillion Raised, ₦0 Released: Lawmaker Confronts Finance Ministry Over Frozen Capital Budget

From David Eze At the Appropriation Committee’s budget defence yesterday, Hon. Alex Mascot opened the inquiry by questioning the Federal Minister of Finance on capital budget disbursement and performance for 2024 and 2025. Despite claims that ₦1.15 trillion had been raised and approved to fund 30% of the 2025 capital budget, no disbursement has reached…

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House Committee on Navy Moves to Carry Over Unapproved 2025 Budget Into 2026

From Marcus Nkire Chairman of the House of Representatives Committee on Navy, Hon. Yusuf Gagdi (representing Pankshin/Kanam/Kanke Federal Constituency, Plateau State), on Wednesday led a brief but strategic meeting aimed at charting a clearer course for the Nigerian Navy’s financial direction in the year ahead. The session, though concise, dug into the nitty-gritty of budgetary…

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