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    Kapital FM 92.9 The Station that Rocks!

Approves

21 Results / Page 1 of 3
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Economics

Senate Approves $2.347b External Borrowing Plan, $500m Debut Sovereign SUKUK

The Senate has approved President Bola Tinubu’s request to borrow the sum of $2.347 billion as part of the external borrowing plan from the international capital market to part-finance the 2025 budget deficit and refinance maturing Eurobonds. The red chamber also approved the issue of a $500 million Debut Sovereign SUKUK in the International Capital Market to fund infrastructural projects. The resolutions of the Senate followed its consideration and adoption […]

todayOctober 30, 2025

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General

CDCFIB Approves Disciplinary Action On 31 NIS Personnel

The Civil Defence, Correctional, Fire and Immigration Services Board (CDCFIB) has approved disciplinary actions against thirty-one officers of the Nigeria Immigration Service (NIS). A statement by the Public Relations Officer of the Nigeria Immigration Service, Akinsola Akinlabi, says the Board approved series of disciplinary actions in line with its avowed commitment to upholding the highest standards of discipline and integrity within the Services it superintends . According to the statement, […]

todayOctober 25, 2025

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Education

UK City And Guilds Approves ITF As Examination Centre

The Industrial Training Fund (ITF) has recorded a significant boost in its efforts to train and certify Nigerian artisans internationally, as City and Guilds of London (UK) has approved the ITF as a certified examination centre. This development positions the ITF among six other centres across Nigeria that have received similar approvals. The approval, which was signed by the Chief Executive Officer of City and Guilds, Kirstie Donnelly, indicated that […]

todayAugust 12, 2025

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Featured

House Committee On Finance Approves N105.14b Budget For RMAFC

The House of Representatives Committee on Finance has approved a budget proposal of N105.14 billion for the Revenue Mobilisation Allocation and Fiscal Commission, RMAFC, for the 2025 fiscal year. The budget was endorsed during a hearing in Abuja by Chairman of the committee James Faleke who said the committee was satisfied with the estimates submitted. RMAFC Chairman Mohammed Shehu, while presenting the proposal, said the commission plans to spend N20.6 […]

todayJuly 22, 2025

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National

HOR Approves N774m Budget For NIMASA

    The House of Representatives Committee on Maritime Safety, Education and Administration has approved a proposed ₦774.77 billion budget for the Nigerian Maritime Administration and Safety Agency, NIMASA, for 2025 but not without raising several red flags. The Committee, Chaired by Khadija Abba-Ibrahim, endorsed the proposal during a budget defence session in Abuja, though lawmakers expressed concern over optimistic revenue targets and rising costs. Director General of NIMASA, Dr. […]

todayJuly 7, 2025

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National

FG Approves Guiding Policy On Eligibility For Appointment Of VCs

The federal government has approved the implementation of a guiding policy on eligibility for the appointment of vice chancellors, rectors, and provosts. The Minister of Education, Dr Tunji Alausa who gave the approval in Abuja, explained that the policy has become necessary following a pattern of undue advantage observed over the years, where officers serving in acting capacities often leverage their positions to influence appointment outcomes, thereby compromising the fairness […]

todayApril 10, 2025

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National

House Approves PBAT’s Declaration Of State Of Emergency In Rivers

The House of Representatives has approved President Bola Tinubu's declaration of a state of emergency in Rivers State. The house approved the President's proclamation following a brief debate and amendments to the motion moved by the House leader, Prof Julius Ihonvbere. The Plenary presided over by the Speaker of the house, Dr Abbass Tajudeen had in attendance 243 members. President Tinubu, in a nationwide broadcast had declared a six-month state […]

todayMarch 20, 2025

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FCT

FCT EXCO Approves ₦1.94b For Development Control Department

The Federal Capital Territory Executive Committee (FCT EXCO) has approved the procurement of critical earth-moving machines and equipment for the Department of Development Control under the Abuja Metropolitan Management Council (AMMC). AMMC Coordinator, Chief Felix Obuah, stated this while briefing journalists on the outcome of the meeting. Chief Obuah said the contract, awarded to Matrak Nigerian Limited, is valued at ₦1,940,572,410, inclusive of VAT, with a stipulated delivery period of […]

todayMarch 20, 2025

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National

Senate Approves Restoration Of Aniocha North II State Constituency

The Senate has approved the restoration of Aniocha North II Constituency of Delta State This is contained in a motion by Senator Ned Nwoko representing Delta North during plenary in Abuja. The approval is in compliance with Supreme Court Judgment in suit No. SC/129/2019. The upper chamber called on the Independent National Electoral Commission (INEC) to comply with the senate's resolution by ensuring that the restoration of Aniocha North II […]

todayMarch 11, 2025