Presidential candidate of the Nigeria Democratic Congress (NDC), Peter Obi, has called on President Bola Tinubu to resign from office, arguing that the president no longer has the capacity to address Nigeria's worsening economic and security challenges. Obi made the remarks during an interview on Channels Television on Sunday, where he accused Tinubu of failing …
The Centre for the Promotion of Private Enterprise (CPPE) has said the United States' decision to impose a 12.5 per cent tariff on imports from Nigeria is unlikely to have a significant impact on the country's export earnings or broader economy, as most Nigerian exports to the US are exempt from the new measures. In …
The Federal Government has inaugurated an inter-ministerial committee to develop a new Value Added Tax (VAT) Modification Order aimed at supporting the implementation of Nigeria's Tax Reform Acts, which took effect on January 1, 2026. The committee was inaugurated by the Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, at the Federal …
The Nigerian stock market returned to positive territory in the week ended July 24, reversing the mild setback recorded in the previous week as investors renewed buying interest in banking and industrial stocks, pushing the benchmark index and market capitalisation to fresh highs. The Nigerian Exchange (NGX) All-Share Index (ASI) gained 1.60 per cent to …
Businesses are yet to reap the benefits of Nigeria's improving macroeconomic stability as borrowing costs remain stubbornly high despite signs that the Central Bank of Nigeria (CBN) is making progress in its fight against inflation. The CBN's decision to retain the Monetary Policy Rate (MPR) at 26.5 per cent at its July Monetary Policy Committee …
The Legal Practitioners' Privileges Committee (LPPC) has elevated 68 legal practitioners to the prestigious rank of Senior Advocate of Nigeria (SAN). The decision was taken during the committee's 174th plenary session held on Thursday in Abuja, chaired by the Chief Justice of Nigeria, Justice Kudirat Kekere-Ekun. The announcement was made in a statement issued by …
Energy conglomerate Sahara Group has called for a fresh approach to Africa’s energy transition, infrastructure funding, and media coverage, arguing that global solutions must adapt to the continent’s practical realities. Speaking at the third edition of Asharami Square, the Group’s flagship thought leadership platform, held under the theme “Energising Africa’s Future: Legacy, Impact and Transformation,” …
Former Vice President Atiku Abubakar has accused the Presidency of avoiding key questions surrounding President Bola Tinubu's decades-old civil forfeiture case in the United States, saying the government has chosen insults instead of transparency. In a statement issued on Thursday by his Senior Special Assistant on Public Communication, Phrank Shaibu, Atiku said the Presidency failed …
The Oyo State House of Assembly has approved Governor Seyi Makinde's request to proceed on annual leave from August 10 to September 11, with Deputy Governor Bayo Lawal to oversee the affairs of the state during the period. The governor's letter conveying the request was read during Thursday's plenary by Deputy Speaker Muhammed Fadeyi, who …
Presidency claims Atiku sold national assets to associates, questions ex-VP's history abroad. The Presidency has accused former Vice President Atiku Abubakar of supervising the sale of national assets to political associates during the privatisation programme under the Olusegun Obasanjo administration, claiming the exercise resulted in job losses, unpaid salaries and pensions. The allegation was …
