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    Kapital FM 92.9 The Station that Rocks!

Economy

196 Results / Page 9 of 22

Economy

UNGA: Mahmoud Projects Abuja As Hub For Smart City Innovation

Dr. Mariya Mahmoud, the FCT Minister of State, has called on the U.S. to deepen collaboration with Nigeria in smart cities, housing, and ICT sectors, for the benefit of both continents. The Minister made the call at the 8th edition of the US–Africa Business Week 2025 held on the sidelines of the 80th United Nations General Assembly, UNGA, in New York. Mahmoud highlighted Abuja as a strategic hub for investment […]

todaySeptember 25, 2025

Economy

Mahmoud Rallies Global Support for Women At UN Forum

FCT Minister of State, Dr. Mariya Mahmoud has declared that empowering women economically is one of the surest pathways to reducing poverty, achieving equity, and fostering lasting peace. The Minister made this assertion at an economic empowerment forum organised for women political leaders and economic experts, on the sidelines of the 80th United Nations General Assembly in New York. Mahmoud, expressed delight that under the visionary leadership of President Bola […]

todaySeptember 22, 2025

Economy

Nigeria, United States Parliamentary Friendship Group To Host Economic Summit

The Nigeria–United States Parliamentary Friendship Group in the House of Representatives is set to hold an Economic and Investment Summit in October to boost business and legislative ties between the two countries. Chairman of the group, Okey-Joe Onuakalusi, said in a statement in Abuja that the summit will bring together policymakers and investors to explore sustainable partnerships and expand trade opportunities. According to the statement, the planned summit comes on […]

todayAugust 18, 2025

Economy

NSIA Expands Fertiliser Blending Plants To 90

  The Nigeria Sovereign Investment Authority, NSIA, has increased the number of operational fertiliser blending plants in the country from four in 2016 to over 90 by July 2025, delivering more than 128 million bags of high-quality fertiliser to farmers nationwide. NSIA Managing Director/CEO, Aminu Umar-Sadiq, disclosed this at the annual Presidential Fertiliser Initiative, PFI, stakeholders’ forum in Abuja, describing the achievement as a major transformation of Nigeria’s once-moribund fertiliser […]

todayAugust 11, 2025

Economy

CBN, NDIC Pledge Deeper Collaboration To Safeguard Financial System

  The Governor, Central Bank of Nigeria, CBN, Mr. Olayemi Cardoso, has congratulated the newly appointed Managing Director/Chief Executive Officer of the Nigeria Deposit Insurance Corporation, NDIC, Mr. Thompson Sunday and the Executive Director Operations, Dr. Kabir Katata, on their appointments. The CBN Governor expressed optimism for stronger collaboration between the two institutions during a courtesy visit by the NDIC management team to the CBN headquarters in Abuja. Cardoso described […]

todayAugust 7, 2025

Economy

‎FG, States, LGs Share N1.818tr As June 2025 Revenue

‎ ‎ ‎The Federation Account Allocation Committee, FAAC, has shared a total of N1.818 trillion as June 2025 revenue to the Federal, States and Local Government Councils. ‎ ‎The distribution was finalized at the July 2025 FAAC meeting held in Abuja. ‎ ‎According to the FAAC communique, the N1.818 trillion distributable revenue comprises statutory revenue of N1.018 trillion, VAT revenue of N631.507 billion, Electronic Money Transfer Levy, EMTL, of N29.165 […]

todayJuly 19, 2025

Economy

Present Administration Taking Steps To Restore Trust In Public Finances – PBAT

  President Bola Tinubu says his administration is taking bold steps to restore trust in public finances by enhancing oversight, adopting digital transparency tools, and aligning fiscal and monetary policies. He stated this at the opening of the National Conference on Public Accounts and Fiscal Governance in Abuja, organized by the national Assembly committee on Public Accounts. Represented by the Minister of State for Finance, Doris Uzoka-Anite, President Tinubu said […]

todayJuly 7, 2025

Economy

Tinubu Approves PPP Thresholds to Fast-Track Infrastructure Devt In Nigeria

In a bold step to accelerate infrastructure development across Nigeria, President Bola Tinubu has approved new Public-Private Partnership, PPP, thresholds for Ministries, Departments, and Agencies, MDAs, empowering them to fast-track smaller and mid-scale projects without requiring the Federal Executive Council's, FEC approval. The new policy is aimed at eliminating bureaucratic bottlenecks and catalyzing private sector investment in critical infrastructure. Speaking on the development, Director General of the ICRC, Dr. Jobson […]

todayJune 29, 2025

Economy

Nigerians Earning Below N250,000 Monthly Exempted From Tax — Oyedele

Nigerians earning less than N250,000 monthly will be exempt from income tax under new laws, according to Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms. Oyedele made the disclosure on Channels Television’s Politics Today shortly after President Bola Tinubu approved four new tax bills on Thursday. He stated that households earning N250,000 or less per month are now classified as poor. Appointed by the President […]

todayJune 27, 2025