Economy
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The Governor of Ogun State, Prince Dapo Abiodun, has appointed 1,200 political assistants to serve as change agents and enhance civic engagement across the state. The Special Adviser on Media and Strategy to the governor, Kayode Akinmade, disclosed this in a statement on Friday. The appointment of the 1,200 aides reflects Abiodun’s longstanding emphasis on […]
The All Progressives Congress in Lagos State has defended the borrowing policy of President Bola Tinubu’s administration, insisting it is strategic and aimed at funding critical infrastructure, not reckless as alleged by Labour Party’s 2023 presidential candidate, Peter Obi. Nigeria’s rising debt profile has remained a recurring issue in national discourse. Tinubu’s administration has defended […]
The Central Bank of Nigeria (CBN) has begun the development of a new strategic framework for the country’s payments ecosystem with the launch of the Nigeria Payments System Vision 2028 (PSV 2028). This sets the stage for a more inclusive, innovative, and globally competitive digital financial system. At the inaugural meeting of the PSV 2028 […]
Nigeria has set an ambitious target to raise its industrial contribution to the Gross Domestic Product (GDP) from the current 10 per cent to 25 per cent by 2035 under a newly validated strategic framework, the Federal Government announced on Tuesday. Speaking at a high-level panel during the Gastech Exhibition and Conference in Milan, Italy, […]
President Bola Tinubu has ordered a Federal Executive Council committee to move swiftly on measures to further reduce food prices across the country. The Minister of State for Agriculture and Food Security, Senator Aliyu Sabi Abdullahi, disclosed this on Wednesday in Abuja. According to him, the directive focuses on ensuring safe passage of farm produce […]
Nigeria is positioning itself to become a global leader in the shea industry following President Bola Ahmed Tinubu’s recent decision to temporarily suspend the export of raw shea, Minister of Information and National Orientation, Mohammed Idris, said on Tuesday. The announcement was made at the 20th Institute of Chartered Accountants of Nigeria Northern Zonal Accountants’ […]
The Chairman of the Ogun State Council of the Trade Union Congress (TUC), Comrade Lasisi Akeem, has accused the Dangote Group of violating workers’ rights by allegedly preventing its employees in the oil and gas sector from joining labour unions. Speaking on Eagle 102.5FM’s Frontline today, Akeem argued that Dangote’s policy of non-unionisation contravenes both […]
The Association of Distributors and Transporters of Petroleum Products has dissociated itself from the intended strike by the Nigeria Union of Petroleum and Natural Gas Workers and its cohorts. The National President of ADITOP, Alhaji Lawan Dan-Zaki, said this in an interview with the News Agency of Nigeria on Monday in Abuja. NAN reports that […]
Vice President Kashim Shettima has reaffirmed President Bola Ahmed Tinubu’s commitment to diversifying Nigeria’s economy, describing the President as a leader with the political courage to take bold decisions for national growth. Shettima spoke on Wednesday at the State House, Abuja, while receiving a delegation of the Nigerian Economic Society (NES), led by its president, […]
The Federal Government is seeking fresh loans of $1.75bn from the World Bank even as official figures show a sharp rise in revenue collections in 2025. According to the Special Adviser to the President on Information and Strategy, Bayo Onanuga, government revenue between January and August 2025 rose by 40.5 per cent to N20.59tn, compared […]
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