Category: #Finance
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KATSINA STATE PROPOSES N156.3 BILLION FOR EDUCATION IN 2026 BUDGET
Katsina State Government has allocated N156.3 billion for the education sector in its 2026 budget proposal, representing the largest share at 17.14 percent of the total N897.8 billion budget. The announcement was made by Commissioner for Budget and Economic Planning, Alhaji Malik Anas. The education funding covers basic, secondary, and higher education and is part…
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US SUPREME COURT QUESTIONS TRUMP’S AUTHORITY ON SWEEPING TARIFFS IN HIGH-STAKES HEARING
The US Supreme Court justices, including conservatives, intensely questioned the Trump administration’s legal basis for imposing broad tariffs under the 1977 International Emergency Economic Powers Act (IEEPA). Over a two-hour hearing, Chief Justice John Roberts and others expressed skepticism about whether the president had the authority to bypass Congress on tariffs framed as national security…
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AFRICA LOSES $75 BILLION ANNUALLY TO BIASED CREDIT RATINGS—EXPERTS SOUND ALARM AT DAKAR CONFERENCE
Experts at a major two-day conference in Dakar, Senegal, have issued a stark warning that Africa is losing approximately $75 billion every year due to biased credit ratings imposed by foreign agencies. Organized by AfriCatalyst, SAIIA, UNDP, and AUDA-NEPAD, the event gathered top policymakers, economists, and financial experts focusing on how Africa can amplify its…
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MAN SUPPORTS 15% IMPORT TARIFF ON PETROL AND DIESEL TO BOOST LOCAL INDUSTRY AND ENERGY SECURITY
The Manufacturers Association of Nigeria (MAN) has expressed strong support for the recently approved 15% import tariff on petrol and diesel, viewing it as a patriotic policy aligned with the Nigeria-First agenda. MAN Director-General Segun Ajayi-Kadir said the tariff will strengthen local content, promote value addition, and boost refinery capacity. Ajayi-Kadir highlighted that the tariff…
