Economy - Page 17

Tinubu Appoints Dr. John Nwabueze as Nigeria’s Tax Ombudsman

President Bola Tinubu has approved the appointment of Dr John Nwabueze as Nigeria’s Tax Ombudsman. The appointment aligns with the Joint Revenue Board of Nigeria (Establishment) Act, 2025, and supports ongoing reforms in the nation’s tax and revenue system. Presidential Spokesperson, Mr

November 5, 2025

Economy·Foreign News·News·News Update

Gates, Dangote, Inuwa, Others Seek Improved Healthcare Investment, Home-Grown AI Solutions

Improved investments, partnerships, and the development of homegrown artificial intelligence solutions for Africa’s health sector were at the heart of discussions at the Gatekeepers event organised by the Gates Foundation. At the gathering, which attracted the crème de la crème in the

by News Editor

June 5, 2025

Economy·News·News Update·Politics

Former EFCC Chairman Abdulrasheed Bawa Unveils Book on Nigeria’s Fuel Subsidy Fraud

Abdulrasheed Bawa, the former chairman of the Economic and Financial Crimes Commission (EFCC), has released a new book titled ‘The Shadow of Loot & Losses: Uncovering Nigeria’s Petroleum Subsidy Fraud’. This book provides the most authoritative account yet of Nigeria’s multi-trillion-naira fuel

by News Editor

June 5, 2025

Politics·Economy·News·News Update

FG Flags off First LCNG Plant in North-East

The Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, has inaugurated the first-ever Liquefied to Compressed Natural Gas (LCNG) hub in the North-East of Nigeria. The minister said the development is a testament to the potential of public-private collaboration in advancing

by News Editor

June 5, 2025

News Update·Economy·News

Otedola Meets Edun, Commends Efforts to Reform Economy

Billionaire businessman, Femi Otedola, has commended the efforts of the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, and his Budget and Economic Planning counterpart, Atiku Bagudu, in fixing the Nigerian economy. Otedola, in a post on X after

by News Editor

June 5, 2025

Economy·News·News Update

Naira Stable In Official Market

Data from the Central Bank of Nigeria (CBN) shows that the naira maintained relative stability from May 23 to May 30, fluctuating between ₦1,579/$1 and ₦1,592/$1. This contrasts with the currency’s performance in the first week of May, when it traded between

by News Editor

June 3, 2025

Economy·News·News Update·Politics

Coastal Road: We Did Not Destroy Landmark’s Properties — Umahi

The Minister of Works, Dave Umahi, has stated that the Federal Government did not destroy any property belonging to Landmark Africa during the construction of the Lagos-Calabar Coastal Highway. The minister disclosed this during the inauguration of the Lagos-Calabar Coastal Highway Phase

by News Editor

June 2, 2025

Economy·News·News Update·Politics

Tinubu Signs Executive Order On Fresh Incentives For Oil Sector

President Bola Tinubu has issued a new Executive Order to lower project costs, attract more investors, and enhance revenues from operations in the oil sector. The document, which was made public by the office of the Special Adviser to the President on

by News Editor

June 2, 2025

Economy·News

Moody’s Upgrades Nigeria’s Rating To ‘B3’

Credit ratings agency Moody’s upgraded Nigeria’s rating to “B3” from “Caa1” on Friday. The agency cited significant improvements in the country’s external and fiscal positions, according to a Reuters report. According to Moody’s, inflationary risks in Nigeria, driven by policy shifts, have

by News Editor

June 2, 2025

News·Economy·Politics

President Tinubu Invites the World To Motherland 2025 Festival In December

President Bola Ahmed Tinubu has reaffirmed Nigeria’s commitment to cultural revival, economic advancement, and global engagement. In his address on Thursday, marking the second anniversary of his administration, President Tinubu said that the Motherland 2025 Festival, billed for December, aims to position

by News Editor

May 31, 2025

News·Economy·Foreign News·Politics

Facts About AfDB President-Elect Sidi Ould Tah To Succeed Adesina

After a decade of impact as the president of the African Development Bank (AfDB), Nigeria’s pride, Akinwumi Adesina, will take a bow, leaving a trail of legacies captured in his five priorities to light up, feed, industrialise, integrate, and improve quality of

by News Editor

May 31, 2025

Economy·Foreign News·News·Politics

Mauritania’s Sidi Ould Tah Elected New AfDB President

Mauritania’s former Economy Minister Sidi Ould Tah was on Thursday elected to succeed Nigeria’s Akinwumi Adesina as president of the African Development Bank (AfDB) and tackle the withdrawal of US financing from the institution. In 2015, Adesina took six rounds of voting

by News Editor

May 31, 2025

Editorial·Economy·News·Politics

Another Borrowing Spree? Tinubu’s New Loan Request Revives Old Questions

In a letter that has since stirred fresh debates across the nation, President Bola Ahmed Tinubu submitted a new loan request to the National Assembly. The request, seeking appropriation for billions of dollars in loans to finance important infrastructure and social intervention

by News Editor

May 30, 2025

Economy·News

The Tony Elumelu Foundation Creates 1.5 million Jobs in Africa over a Decade

Through its funding of over 21,000 entrepreneurs across Africa, the Tony Elumelu Foundation (TEF) Entrepreneurship Programme has created 1.5 million jobs in Africa over a decade from 2015 to 2025. According to the TEF, 2.1 million Africans were lifted from poverty and

by News Editor

May 30, 2025

Economy·News

SEC Warns Against Dealing with Silverkuun Investment Cooperative Society

The Securities and Exchange Commission (SEC) has issued a public notice cautioning investors against engaging with Silverkuun Investment Cooperative Society, stating that the entity is not registered to operate in any capacity within the Nigerian capital market. According to the release signed

by News Editor

May 30, 2025

Economy·News

President Tinubu establishes National Credit Guarantee Company (NCGC)

President Tinubu establishes National Credit Guarantee Company (NCGC) with N100 billion initial capital, appoints former Speaker of the House of Representatives, Rt. Hon. Yakubu Dogara, as Chairman of the NCGC Board The new institution, backed by an initial capital of N100 billion,

by News Editor

May 29, 2025

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Economy - Page 17

Tinubu Appoints Dr. John Nwabueze as Nigeria’s Tax Ombudsman

Gates, Dangote, Inuwa, Others Seek Improved Healthcare Investment, Home-Grown AI Solutions

Former EFCC Chairman Abdulrasheed Bawa Unveils Book on Nigeria’s Fuel Subsidy Fraud

FG Flags off First LCNG Plant in North-East

Otedola Meets Edun, Commends Efforts to Reform Economy

Naira Stable In Official Market

Coastal Road: We Did Not Destroy Landmark’s Properties — Umahi

Tinubu Signs Executive Order On Fresh Incentives For Oil Sector

Moody’s Upgrades Nigeria’s Rating To ‘B3’

President Tinubu Invites the World To Motherland 2025 Festival In December

Facts About AfDB President-Elect Sidi Ould Tah To Succeed Adesina

Mauritania’s Sidi Ould Tah Elected New AfDB President

Another Borrowing Spree? Tinubu’s New Loan Request Revives Old Questions

The Tony Elumelu Foundation Creates 1.5 million Jobs in Africa over a Decade

SEC Warns Against Dealing with Silverkuun Investment Cooperative Society

President Tinubu establishes National Credit Guarantee Company (NCGC)

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