PRESIDENT TINUBU TO PRESENT 2026 BUDGET ON FRIDAY, DECEMBER 19.(PHOTO).

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 President Tinubu to Present 2026 Budget on Friday, December 19 President Bola Tinubu is set to present the 2026 Appropriation Bill to a joint session of the National Assembly on Friday, December 19, 2025. Ahead of the presentation, a formal communication from the Presidency will be read on the floor of the House of Representatives on Thursday, December 18, notifying lawmakers and staff of the President’s appearance. The notification follows a letter dated December 17, 2025, signed by Adm. Essien Eyo Essien, Secretary of Human Resources and Staff Development, on behalf of the Clerk to the National Assembly, Kamoru Ogunlana. The letter was also copied to the Deputy Clerk and heads of departments. According to the letter, President Tinubu, in his capacity as Commander-in-Chief of the Armed Forces, will deliver the proposed 2026 budget at 2:00 p.m. on Friday. Security and access arrangements have been outlined, requiring all accredited persons to be at their posts by 11:00 a.m., while...

CHINESE BANKS SET TO ESTABLISH OPERATIONS IN NIGERIA.{PHOTO}.

The Chinese Ambassador to Nigeria, Cui Jianchin, has disclosed that his country is working towards the establishment of Chinese-owned bank operations in Nigeria.


Mr Jianchin this known in Abuja while addressing journalists during the commemoration of the 2021 Chinese Moon Festival and China-Nigeria Cultural week on Tuesday.


Jianchin who said he was in talks with Chinese-owned banks, noted that among the world’s 10 biggest banks, six were in China.


“Before my departure from Beijing to Abuja, I talked to several banks in China. When you list the world’s 10 big banks, six are in China. The banking sector is very important because, without money, we cannot build our industries.


“What I am thinking here is best to talk to the governor of the central bank, and how we can allow the Chinese banks to run office here and now, they are doing the feasibility studies on that."


He explained that it would boost Nigeria’s economy and expand trade relations between the two nations.

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