By Seun Ibiyemi President Bola Ahmed Tinubu has directed all political appointees under his administration seeking elective positions in the 2027 general elections to resign on or before March 31, 2026. The directive was conveyed in a circular issued by the Office of the Secretary to the Government of the Federation and signed by the…
The African Democratic Congress (ADC) has accused elements within the ruling All Progressives Congress (APC) of attempting to manipulate the opposition ahead of the 2027 general elections, in a move the party claims is aimed at positioning President Bola Tinubu as the only serious contender for the presidency. In a statement on Monday, Bolaji Abdullahi,…
By Seun Ibiyemi Nigeria’s headline inflation rate eased slightly to 15.06 per cent in February 2026, according to the latest Consumer Price Index (CPI) report released by the National Bureau of Statistics (NBS). The report, published in Abuja on Monday, showed a marginal decline of 0.04 percentage points from the 15.10 per cent recorded in…
By Seun Ibiyemi Nigeria and the United Kingdom are set to formalise a £746 million financing agreement aimed at upgrading key maritime infrastructure at the Lagos Port Complex (Apapa Quays) and Tin Can Island Port Complex, as President Bola Tinubu begins a historic state visit to the UK. The deal, to be signed between UK…
By Seun Ibiyemi The Socio-Economic Rights and Accountability Project (SERAP) has called on Bola Tinubu to direct an investigation into the N5.9 billion reportedly spent on the rebranding of the Nigerian National Petroleum Corporation (NNPC) to the Nigerian National Petroleum Company Limited (NNPCL). The call was disclosed in a statement shared on the organisation’s account…
By Seun Ibiyemi The Centre for the Promotion of Private Enterprise (CPPE) has called on businesses and government to adopt urgent measures to mitigate the impact of escalating energy costs on Nigeria’s economy, warning that the trend could threaten the sustainability of many small and medium enterprises. In an advisory note titled “Mitigating the Impact…
The Association of African Automotive Journalists (AAAJ) has commended Nigeria’s President, Bola Ahmed Tinubu, for directing the immediate rollout of 100,000 Compressed Natural Gas (CNG) conversion kits across the country to cushion the impact of rising petrol prices on commuters and private vehicle owners. AAAJ made up top automotive journalists in Africa described the presidential…
By Seun Ibiyemi Nigeria spent a total of $5.21 billion on servicing external debt in 2025, accounting for more than 72 per cent of the country’s total international payments, according to data released by the Central Bank of Nigeria (CBN). Figures published on the apex bank’s website show that external debt service payments rose from…
The Federal Government has reaffirmed its commitment to market-based petrol pricing, insisting it will not introduce price controls despite rising geopolitical tensions in the Middle East that have heightened volatility in global oil markets. The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, disclosed this during an interview on Politics Today on…
By Seun Ibiyemi President Bola Ahmed Tinubu has approved the appointment of Lamido Abubakar Yuguda as Deputy Governor of the Central Bank of Nigeria (CBN), subject to confirmation by the Senate. The appointment, announced on Wednesday, was made in line with Section 8(1) of the Central Bank of Nigeria Act, 2007. Yuguda’s nomination follows the…
