The FCT councils have also reportedly failed to audit and submit their financial accounts for 2023, 2024 and 2025 as required. And this is where the matter transcends the six councils.
For months, former Vice President Atiku Abubakar has advocated a production-based petrol subsidy: a carefully structured intervention designed to reduce the cost of crude supplied to domestic refineries, make locally refined petrol more affordable, stimulate Nigerian production and ensure that the benefits reach consumers.
ProvidusUnity Bank has commenced a series of customer engagement forums across Northern Nigeria, bringing together more than 1,000 customers and prospects in Kano, Sokoto, and Abuja.
The Nigerian Guild of Editors (NGE) has called for far-reaching constitutional and electoral reforms to strengthen Nigeria’s democracy, including the process of appointing the Chairman, National Commissioners and Resident Electoral Commissioners of the Independent National Electoral Commission (INEC).
Under the old, fragmented regulatory landscape, tracking virtual asset transactions felt like an impossible task for the government. Cryptocurrencies operated in a grey market, allowing traders to buy, sell, stake, and yield-farm without clear rules about formal tax reporting.
The Nigeria Deposit Insurance Corporation (NDIC) has urged Nigerians to move more of their funds into the formal banking system, adding that the revised insurance limit, which now fully covers 98.98 per cent of depositors in Nigerian deposit money banks, was aimed at deepening public confidence in the banking system.
Starting from 29 May 2023, when President Bola Tinubu announced the removal of fuel subsidy, the movement of the price of the commodity (PMS or petrol) has been like a yo-yo: literally shooting through the roof, at times.
As a new academic term approaches, streets across Nigerian cities buzz with back-to-school activity. Markets from Balogun in Lagos to Wuse in Abuja and Ariaria in Aba fill with parents buying textbooks, uniforms, and basic stationery.
There is a useful distinction between deliberation and indecision. Deliberation happens before the decision: gathering information, considering alternatives, testing assumptions, and understanding consequences.
When President Bola Ahmed Tinubu took office in May 2023, he did not inherit an economy that was merely struggling. He inherited one that was shambolic