Headline

Nigeria's government is developing a framework to reduce the cost of capital without introducing new subsidies in a bid to stimulate private investment and economic growth. Finance Minister Taiwo Oyedele also announced that a detailed report on savings...

Federal Government says savings from petrol and foreign exchange subsidy reforms have been channelled into debt servicing, wage increases, student loans, and other critical national obligations. Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, pledges...

The WTO's Director-General, Dr Ngozi Okonjo-Iweala, says Africa has a rare opportunity to benefit from global supply-chain diversification driven by geopolitical tensions. She urged countries to move beyond exporting raw materials and develop regional value chains. Okonjo-Iweala also...

United States to halt routine immigrant and non-immigrant visa processing at 25 diplomatic missions across Africa, including the U.S. Embassy in Abuja, effective August 1, 2026. Nigeria's routine visa applicants will now be processed through the U.S. Consulate...

Atiku Abubakar says President Tinubu should focus on fixing Nigeria's worsening economic and security crises instead of attacking political opponents. Former Vice President describes Tinubu's vow to "wrestle opponents to the finish" as the rhetoric of "a drowning...

President Tinubu says his administration has rescued Nigeria from the brink of bankruptcy, insisting that tough economic reforms have stabilised the economy and placed the country on the path to prosperity. The President said he expanded and strengthened...

President Tinubu condemns the killing of about 30 residents in Naridon Village, describing the attack as a barbaric assault on innocent civilians. Directs the Armed Forces, Police, and intelligence agencies to launch intensified operations to hunt down the...

The Presidency launches a blistering counterattack on Peter Obi, dismissing his latest television interview as a failed attempt to revive his 2027 presidential ambition. Bayo Onanuga accuses the NDC presidential candidate of serial political defections, insisting President Tinubu...

Chinese capital inflows into Nigeria fell 40.9 percent to $5.55 million in the first quarter of 2026, despite the Federal Government's announcement of more than $20 billion in investment commitments. China's share of Nigeria's total capital importation weakened...

Defence Minister Christopher Musa says President Bola Tinubu is set to announce another salary increase for Nigerian soldiers, signalling a renewed push to improve troop welfare and morale. Musa reveals he championed the last salary review that doubled...