President Bola Ahmed Tinubu has ruled out restoring Nigeria’s petrol subsidy, declaring that his administration will not reverse the economic reforms introduced after he assumed office in May 2023. Tinubu…
First Abu Dhabi Bank (FAB), the United Arab Emirates’ largest lender, is considering transferring part of its exposure to Nigeria’s $5 billion total-return swap (TRS) to other financial institutions, potentially…
Peter Obi has said Nigeria’s central development challenge is not a lack of natural or economic resources, but the failure of successive governments to convert those resources into improved living…
Former Vice President Atiku Abubakar has challenged All Progressives Congress (APC) National Chairman Nentawe Yilwatda to explain how the Federal Government disbursed a reported ₦750 billion in conditional cash transfers…
Katsina State Governor Malam Dikko Umar Radda has reportedly signed the state’s ₦828.58 billion Appropriation Bill for the 2027 financial year into law, paving the way for the implementation of…
President Bola Ahmed Tinubu has acknowledged that millions of Nigerians continue to struggle with the cost of food, education, healthcare and transportation, saying his administration cannot erase in four years…
Sixty-six years after independence, the country reflects on its achievements, enduring challenges and the hopes of millions still working towards a better future. Nigeria’s 66th Independence Anniversary is more than…
The National Chairman of the All Progressives Congress (APC), Professor Nentawe Yilwatda, has warned that restoring petrol subsidies could undermine development projects in northern Nigeria, arguing that reversing the policy…
Senator Adams Oshiomhole has questioned former Vice President Atiku Abubakar’s position on petrol subsidy, arguing that Atiku’s current proposal appears inconsistent with his earlier position on subsidy removal. Oshiomhole’s remarks…
Former Kogi West senator and African Democratic Congress (ADC) chieftain Dino Melaye has said a proposed return to petrol subsidies under former Vice-President Atiku Abubakar could bring pump prices down…
ECONOMY | PUBLIC DEBT | POLITICS Former Vice President Atiku Abubakar has challenged the Federal Government’s plan to seek $1.5 billion in new financing from the World Bank, asking the…
Borno State has been designated to host the North-East regional office of the Office of the Tax Ombud, in a move intended to improve access to taxpayer assistance and provide…
The Federal Government has set a target of producing 10 million globally certified Nigerians by 2030, as part of a broader strategy to position the country as a major participant…
The Anambra State Government has challenged former governor Peter Obi to tender an unreserved apology to the people of the state following the publication of records it says show that…
Abia State Governor Alex Otti has criticised calls for the restoration of fuel subsidies, arguing that those advocating a return to the policy do not necessarily support Nigeria’s long-term interests.…
President Bola Ahmed Tinubu has assured domestic and international investors that the Federal Government will continue to promote regulatory clarity, policy stability and a predictable business environment for long-term investment.…
The Adamawa State Government, in partnership with the Nigerian Consumer Credit Corporation (CREDICORP), has launched a consumer-credit mobility programme aimed at expanding income-generation opportunities and supporting entrepreneurship. The initiative includes…
A new entrepreneurship centre being developed in Abuja through a partnership involving the Nigerian Government, the Republic of Korea, the Korea International Cooperation Agency (KOICA) and the United Nations Development…
The Aliko Dangote Foundation plans to collaborate with state governments to help approximately two million vulnerable Nigerian women acquire ownership stakes in the Dangote Petroleum Refinery and Petrochemicals Limited through…
President Bola Ahmed Tinubu has called on African countries to strengthen cooperation in protecting the continent’s mineral wealth and reduce dependence on the export of raw materials. The President’s reported…
The Federal Government is seeking to attract investment, technology and strategic partnerships into Nigeria’s gas sector as part of efforts to expand production, develop infrastructure and access new export markets.…
Peter Obi, presidential candidate of the Nigeria Democratic Congress (NDC), has pledged to prioritise agriculture and small-scale businesses as part of his proposed strategy for addressing youth unemployment if elected…
Alternative Movement promoter says decades of subsidy policy failed to deliver sustainable economic benefits The Chief Promoter of the Alternative Movement, Otunba Segun Showunmi, has criticised former Vice-President Atiku Abubakar’s…
President says returning to petrol subsidy would put additional pressure on public finances President Bola Ahmed Tinubu has ruled out a return to Nigeria’s former petrol subsidy regime, arguing that…
Oyo governor says 35% of facility has been converted to grant and outlines repayment terms Oyo State Governor Seyi Makinde has rejected suggestions that the state’s controversial €55 million French…
Currency records marginal appreciation at Nigerian Foreign Exchange Market The Nigerian naira recorded a marginal appreciation against the United States dollar at the official foreign exchange market on Friday, September…
Former Vice President Atiku Abubakar has challenged President Bola Tinubu to reconsider his opposition to fuel subsidy and adopt measures aimed at reducing petrol prices for Nigerians. Atiku made the…
Former Vice President Atiku Abubakar has blamed the Tinubu administration’s economic policies for what he described as a worsening cost-of-living crisis in Nigeria. Atiku made the claim while addressing a…
The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has defended the Federal Government’s decision to remove the petrol subsidy, arguing that the policy prevented Nigeria from following…
Former Anambra State Governor and Nigeria Democratic Congress (NDC) presidential candidate Peter Obi has encouraged Nigerians at home and abroad to consider investing in the ongoing Initial Public Offering (IPO)…
President of Dangote Industries Limited, Aliko Dangote, has said he no longer wants to be defined simply as Africa’s richest man, arguing that he would prefer recognition for helping other…
The Anambra State Government has said it is still servicing loans and other financial obligations inherited from previous administrations, including those of former governors Peter Obi and Willie Obiano. The…
The Federal Government plans to submit its 2027 Appropriation Bill to the National Assembly in September, signalling an attempt to move Nigeria towards a more predictable budget calendar and reduce…
The Nigerian naira strengthened against the US dollar at the official foreign exchange market after the Central Bank of Nigeria injected $151 million into the market, increasing dollar liquidity and…
Former Vice President Atiku Abubakar has challenged President Bola Ahmed Tinubu’s administration to account for the savings generated by the removal of Nigeria’s petrol subsidy, arguing that the ongoing crisis…
Former Cross River State governor and Peoples Redemption Party (PRP) presidential candidate Donald Duke has proposed a major change to the way crude oil is supplied to Nigeria’s domestic refineries,…
Anambra State Governor Chukwuma Soludo has expressed optimism about the direction of Nigeria’s economy under President Bola Ahmed Tinubu, saying the Federal Government’s reforms offer reasons for hope despite the…
The Nigerian National Petroleum Company Limited (NNPCL) is planning to deploy between 50 and 70 smart self-service filling stations across Nigeria within the next six months, as the national oil…
Minister of Solid Minerals Development, Dele Alake, has defended President Bola Ahmed Tinubu’s decision to remove Nigeria’s petrol subsidy, arguing that the President accepted significant political risks in pursuit of…
The presidential candidate of the Social Democratic Party (SDP), Adewole Adebayo, has promised to provide Nigerian households with between 11 and 15 kilowatts of solar power within 11 months if…
Former Vice President and ADC presidential candidate Atiku Abubakar has raised concerns over Nigeria’s investment environment, citing a significant net outflow of foreign portfolio investment from the country’s equities market.…
The presidential candidate of the Social Democratic Party (SDP), Adewole Adebayo, has challenged President Bola Ahmed Tinubu to a public debate ahead of the 2027 presidential election. Adebayo made the…
Dangote Petroleum Refinery has unveiled an initial public offering worth about N2.15 trillion, with shares priced at N525 and a minimum subscription of 10 shares. Dangote Petroleum Refinery and Petrochemicals…
SDP presidential candidate Adewole Adebayo says he would cap the prices of petrol, cooking gas and Jet A1 at N200 per litre within 12 months if elected president. The presidential…
ADC Candidate Wants Experts to Trace Funds Reportedly Paid to 3.29 Million Households Former Vice President and African Democratic Congress (ADC) presidential candidate, Atiku Abubakar, has pledged to establish an…
The Nigerian Education Loan Fund is preparing to expand its student-financing approach by increasingly linking educational funding to skills demanded by employers and opportunities available in Nigeria’s labour market. NELFund…
Professor Tunji Ogunyemi of Obafemi Awolowo University, Ile-Ife, has criticised former Vice President Atiku Abubakar’s position on petroleum subsidy, describing calls for its restoration as political and potentially damaging to…
The Office of the Auditor-General for the Federation has raised concerns over the Federal Government’s reported transfer of ₦33.75 billion to more than 3.29 million households under its social intervention…
Former Vice President and African Democratic Congress (ADC) presidential candidate Atiku Abubakar has promised to establish an independent team of experts to investigate the disbursement of ₦33.75 billion reportedly paid…
Former Vice President and African Democratic Congress (ADC) presidential candidate Atiku Abubakar has raised alarm over reports that some young Nigerians are allegedly selling their kidneys and other body organs…