By David Okon Nigeria’s economic story in 2025 was not defined by a single reform or headline moment. It was shaped by sequencing. A deliberate effort to stabilise the macroeconomy, restore institutional credibility, and align security, fiscal, and market policy toward growth. At the centre of this sequencing stood the Minister of Finance and Coordinating …
After losing the All Progressive Congress's (APC) Presidential Primary Election in 2023, former Kogi State Governor Yahaya Bello has declared his intention to contest the Kogi Central Senatorial District seat in the 2027 forthcoming election. Bello, who governed the state for eight years, made his ambition known on Tuesday, signalling his return to active partisan …
Reactions have trailed President Bola Tinubu’s approval for the major write-off of debts owed by the Nigerian National Petroleum Company (NNPC) Limited to the Federation Account, clearing over 90% of legacy obligations up to the end of 2024. A report by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) presented during the November 2025 Federation Account …
The Federal High Court in Abuja has declined an ex-parte application seeking to restrain the Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, and other government agencies from allocating some oil fields. Justice Emeka Nwite, sitting as a vacation judge, ruled that the respondents must first be put on notice before the court could …
President Bola Ahmed Tinubu has said Nigerian-British heavyweight boxing champion Anthony Joshua is receiving the best possible medical care in Nigeria following an accident on the Lagos–Ibadan Motorway. The President made this known on Monday in a statement issued by his Special Adviser on Information and Strategy, Mr Bayo Onanuga, after a telephone conversation with …
Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, has clarified that the new tax law is intended to support rather than harm the aviation industry. His clarification follows a recent claim by the Chief Executive Officer of Air Peace, Allen Onyema, that the reform will hurt the industry. Contrary to misconceptions, …
The Special Adviser on Media to Oyo State Governor, Dr Sulaimon Olanrewaju, has rejected claims by former Ekiti State Governor Ayodele Fayose that Governor Seyi Makinde received N50 billion from the Federal Government, describing the allegation as misleading. Olanrewaju also dismissed suggestions that the governor deliberately kept silent over the alleged funds in order to …
The Dangote Cement Plc said it has tripled its scholarship fund for its host communities in Gboko, Benue State, awarding over ₦28 million. The company's Plant Director, Gboko Plant, Abhijit Dutta, who was represented by the Head of the Finance Department, Olusegun Orebanjo, said at the presentation of the cheque in Gboko. “This year’s scholarship …
The Nigerian government has reaffirmed its commitment to the implementation of the new tax laws, which will take effect on January 1, 2026, despite concerns raised by the House of Representatives over alleged discrepancies between the gazetted versions and those passed by lawmakers. Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax …
Nigeria’s electricity generation has received a significant boost following the repair and restoration of the vandalised Lagos–Escravos gas supply pipeline, a development that has been welcomed by the Nigerian Independent System Operator (NISO). In a statement released on Friday, NISO confirmed that the restoration efforts have led to improved gas supply to key thermal power …
