Following Professor Mahmood Yakubu’s formal exit as Chairman of the Independent National Electoral Commission (INEC), a fierce debate has erupted over who will take charge of the electoral body ahead of the 2027 general elections. Yakubu, the 13th INEC boss, was appointed in 2015 and reappointed in 2020, making 10 years of service, the longest-serving …
Electronic payment transactions in Nigeria surged to N384 trillion in July this year, rising by 37.14 per cent from N280 trillion in August 2024. The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, disclosed this at the ongoing Nigeria Fintech Week 2025, which started on Tuesday, October 7, and is being held in …
UK Conservative Party leader Kemi Badenoch has sparked a fierce debate after announcing sweeping immigration reforms at the party’s annual conference in Manchester on October 5, 2025. The centrepiece of her plan is the creation of a new “Removals Force”, modelled on the United States Immigration and Customs Enforcement (ICE) agency, with a £1.6 billion …
President Bola Ahmed Tinubu’s fresh request to the House of Representatives for the approval of a $2.847 billion (approximately ₦4.19 trillion) external loan has stirred widespread unease among Nigerians, sparking an outpouring of reactions across social media platforms. Many citizens expressed concern that the country’s rising debt profile could burden future generations and cripple the economy …
Cristiano Ronaldo has become football’s first billionaire player, according to financial information and media firm Bloomberg. The Bloomberg Billionaires Index, which tracks the world’s richest people based on their net worth, has measured the 40-year-old Portugal and Al-Nassr striker’s wealth for the first time. The valuation takes into account career earnings, investments and endorsements and …
Nigeria’s non-interest capital market has grown to a valuation of over ₦1.6 trillion, according to the Securities and Exchange Commission (SEC). Its Director-General, Emomotimi Agama, hinted at this during a joint press briefing in Abuja ahead of the 7th African International Conference on Islamic Finance (AICIF), scheduled to be held in Lagos on November 4 …
Geoffrey Nnaji, the Minister of Innovation, Science, and Technology, has resigned from President Bola Tinubu’s cabinet amid ongoing allegations regarding his academic credentials and claims of certificate forgery. Appointed in August 2023, Nnaji submitted his resignation in a letter to the president on Tuesday, thanking him for the opportunity to serve. In a statement confirming …
President Bola Tinubu has requested the approval of the House of Representatives to secure approximately $2.3 billion in external loans to cover the 2025 budget deficit and refinance maturing Eurobonds, which will further raise Nigeria's debt profile. Nigeria’s total public debt rose to N149.39 trillion as of March 31 this year, marking a year-on-year increase …
The World Trade Organisation (WTO) has projected that countries will experience bleak trade growth in 2026 as the impact of the United States (US) President Donald Trump’s tariff kicks in. It gave the forecast on Tuesday, October 7, as it published its updated global trade outlook. While the WTO raised its forecast for trade volume …
The Minister of Science and Technology, Chief Uche Nnaji, on Monday, failed to appear at a press conference his office convened to address allegations that he forged his university and national youth service certificates. Journalists from various local and international media organisations had thronged the conference room of the Raw Materials Research and Development Council …
