Nigeria

When this Administration assumed office, we resolved to do things differently. We chose to excise the cancer. The reforms that followed were difficult. The side effects were real. Yet, we must never confuse the medicine with the disease.

President Bola Tinubu has declared that Nigeria has crossed its own “Red Sea” after three years of painful economic reforms, ruling out a return to petrol subsidy and announcing what he described as the beginning of an “age of prosperity” for the country.

The Nigeria Labour Congress (NLC) has rattled the Federal Government over what it described as a worsening survival crisis in the country, demanding an immediate reduction in petrol prices, a nationwide wage award and the commencement of negotiations for a new national minimum wage.

Nigeria’s foreign exchange market recorded a rebound in trading activity in the week ended September 25, with total turnover across the FX Spot and Derivatives markets rising 11.02 percent to $2.63bn.

Nigeria has demanded the complete elimination of nuclear weapons, warning that humanity cannot continue to depend on weapons capable of destroying civilisation as instruments of collective security.

The overseas medical treatment of former Head of State, General Abdulsalami Abubakar, has sparked a fresh debate over Nigeria’s healthcare system, medical tourism and the ability of the country to provide specialised treatment for its citizens.

Nigeria's Africa Cup of Nations 2027 qualification campaign has suddenly taken an uncomfortable turn, following a damaging 3-0 defeat to Guinea-Bissau on Tuesday.

Nigeria’s foreign exchange position has strengthened as foreign portfolio investments, private-sector dollar inflows and diaspora remittances provide a larger share of liquidity in the market.

The Rural Electrification Agency (REA) has called for stronger coordination among government agencies, state governments, development partners, private operators and other stakeholders to prevent duplication and accelerate electricity access across Nigeria.

The Federal Government has said Nigeria must progressively move away from an economy centred on crude oil exports and capture more value through domestic refining, petrochemicals and related industrial activities.