Nigeria’s Federal Executive Council has approved a ₦58.47 trillion 2026 budget, alongside a revised MTEF exchange rate of ₦1,400/$1, signalling a shift toward non-oil revenue and fiscal consolidation.

The Federal Government seeks National Assembly approval for a combined ₦43.56 trillion 2024–2025 budget to address revenue shortfalls and fiscal complexity, raising questions over the timing and implementation of the 2026 budget.

The resumption of scheduled flights at Ibadan Airport represents a significant milestone for Nigeria’s domestic aviation sector. By combining infrastructural upgrades with regulatory compliance, Oyo State has positioned the airport as a safe, efficient, and commercially viable hub, with potential long-term benefits for regional development and connectivity.

Lagos hotels experience a significant rise in bookings during Detty December 2025 as escalating short-let apartment prices drive visitors toward predictable, secure, and service-oriented hotel accommodations.

Minister Ahmed Dangiwa outlines Nigeria’s Renewed Hope Housing Programme as a multi-tiered strategy addressing housing deficit, economic growth, and social inclusion through innovative financing and public-private partnerships.

The governor concluded that Lagos’ housing challenges present both an economic and social opportunity. Strategic partnerships with private developers, financial institutions, and investors will be central to delivering safe, affordable, and resilient housing while fostering economic growth and urban sustainability.

The United States has introduced new visa restrictions affecting Nigerian travellers, citing security vetting challenges and visa overstay rates. The policy shift has implications for mobility, education, business travel, and bilateral relations.