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    Kapital FM 92.9 The Station that Rocks!

Economy

258 Results / Page 1 of 29
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Economy

House Panel Queries Customs Over ₦34tn Duty Waivers

The House of Representatives Committee on Finance has directed the Nigeria Customs Service (NCS) to submit a detailed breakdown of the estimated ₦34 trillion import duty waivers granted in 2025, including the beneficiaries, legal basis and purposes of the concessions. The directive was issued during the appearance of the NCS management before the committee as part of the National Assembly's ongoing revenue oversight exercise. Chairman of the committee, James Faleke, […]

todayJuly 15, 2026

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Economy

Mining Sector Expansion : Alake Unveils Reforms To Boost Investment, Revenue

The Federal Government says ongoing reforms in the solid minerals sector are laying a strong foundation for economic diversification, increased investment inflow, higher revenue generation and accelerated industrialisation across the country. Minister of Solid Minerals Development, Dele Alake, stated this while speaking at the official launch of the Early-Stage Mineral Exploration and Research Grant Endowment (EMERGE) programme in Abuja. Dr. Alake said Nigeria’s mining industry was gradually transitioning from years […]

todayJune 10, 2026

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Economy

Nigeria Launches EMERGE Programme To Boost Mining Research

The Federal Government has launched the Early-Stage Mineral Exploration and Research Grant Endowment (EMERGE) programme aimed at strengthening Nigeria’s mining sector through exploration, research, and local mineral processing. Minister of Solid Minerals Development, Dr. Dele Alake, described the initiative as a major step in the implementation of reforms designed to transform Nigeria’s mineral wealth into sustainable economic growth and industrial development. Speaking at the launch, Dr. Alake said the programme, […]

todayJune 10, 2026

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Africa

Democracy Day : FG Commits To Strengthening Governance, Economic Reforms, Tackling Insecurity

The Secretary to the Government of the Federation (SGF), Senator George Akume, says the Federal Government remains committed to strengthening democratic governance, sustaining economic reforms, improving security, and delivering the dividends of democracy to Nigerians as the administration of President Bola Ahmed Tinubu marks its third year in office. Senator Akume stated this while delivering the keynote address on behalf of President Tinubu at a Democracy Day world media conference […]

todayJune 9, 2026

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Business

FG Hails IMF’s Endorsement Of Economic Reforms ‎

  ‎The Federal Government has welcomed the International Monetary Fund’s, IMF's, positive assessment of Nigeria’s economy, saying the report validates ongoing reforms aimed at restoring macroeconomic stability, strengthening investor confidence and laying the foundation for sustainable growth. ‎ ‎In a statement issued in Abuja, the Minister of Finance and Coordinating Minister of the Economy, Mr. Taiwo Oyedele, said the IMF’s 2026 Article IV Mission Concluding Statement acknowledged significant improvements in […]

todayJune 9, 2026

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Economy

FG Procures 8 Gun Trucks To Curb Illegal Mining

In a major move to enhance the operational capabilities of the Nigeria Security and Civil Defence Corps (NSCDC) Mining Marshals, the Federal Government has procured eight operational gun trucks to intensify the crackdown on illegal mining across the country. Speaking at the commissioning and the unveiling of the book, "The Guardians of Nigeria's Solid Minerals: Two Years of Commitment and Service by the Mining Marshals," the Minister of Solid Minerals […]

todayJune 4, 2026

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Business

Halal Funds Drive Financial Inclusion, Attract Investors

  ‎As Nigeria intensifies efforts to deepen financial inclusion and broaden investment opportunities, halal funds is emerging as a viable vehicle for wealth creation, attracting growing interest from both Muslim and non-Muslim investors. ‎ ‎Speaking with journalists in Abuja, Group Managing Director of the mutual fund company, Abigail Utomi said, Alternative banking is gaining traction across the country as more individuals seek ethical and interest-free financial products. According to her, […]

todayJune 4, 2026

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Africa

Nigeria, India Reaffirm Commitment To Stronger Defence, Strategic Partnership

Nigeria and India have reaffirmed their commitment to deepening bilateral relations, defence cooperation, and collaboration among countries of the Global South. The commitment was reiterated when the Permanent Secretary, Ministry of Foreign Affairs, Ambassador Dunoma Umar Ahmed, received a delegation from the 66th Course of the National Defence College, New Delhi, India, on a courtesy visit to the Ministry in Abuja. According to a statement by the Ministry's Spokesperson, Kimiebi […]

todayJune 3, 2026

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Africa

Eid-el-Kabir: Abbas Tasks Nigerians On Sacrifice, National Stability

The Speaker of the House of Representatives, Dr. Abbas Tajudeen has urged Nigerians to pray for peaceful polls as the country prepares for the 2027 general election. In a Sallah message to mark this year’s Eid-el-Kabir, Dr Abbas also called for increased charity towards the poor, the needy and the less privileged, describing compassion as a central teaching in Islam. The Speaker encouraged Muslims to use the period for reflection, […]

todayMay 27, 2026