The National Assembly has made corrections to certain line items in the 2025 Appropriation Bill passed by both the Senate and the House of Representa­tives last week, following the discovery of errors ...

Another correction was the initial Capital Expenditure of N23.9 trillion, which was reduced to N23.4 trillion, a reduction of about N500 billion.

The National Assembly, on Tuesday, reviewed the 2025 budget, which was passed last week, reducing the capital expenditure component while raise the recurrent expenditure.The lawmakers said the review ...

The house of representatives has rescinded its decision on some of the components in the 2025 budget passed last week.

Finance Minister Nirmala Sitharaman clarifies that Budget 2025's significant income tax relief doesn't signal a shift in focus from capital expenditure to consumption. Despite tax concessions, the ...

Amazon’s chief executive had predicted the company would spend more in 2025 than the roughly $83 billion it spent last year.

As the budget for fiscal year 2026 is being developed prior to May’s Town Meeting, the Capital Expenditure Committee spend ...