President Bola Tinubu urges an end to protests against high living costs and fuel subsidy removal, calling for dialogue to address concerns. Tinubu emphasizes the necessity of recent economic decisions and commits to good governance. Despite the unrest, he rules out reversing the subsidy...
Nigeria secures $751.88 million from World Bank's $1.5 billion loan for economic reforms. The RESET program aims to boost revenues, expand social safety nets, and liberalize imports. Conditions include VAT reforms and executive orders. World Bank to monitor Nigeria's compliance with agreed...
Fed Govt reinstates social investment program, offering direct payments to 75M Nigerians. Amidst rising food inflation, initiatives aim to ease suffering and stimulate the economy. Finance Minister announces reforms to tackle corruption and boost economic stability.
The Federal Government...
Nigerians push back against Secretary Akume's assertions of progress in President Tinubu's first year, citing rising inflation, hunger, and insecurity with #TinubuOneYearOfFailures. Discover the contrasting narratives between government claims and citizens' experiences.
In a press briefing...
In a social media post on Sunday, former Vice President and People's Democratic Party (PDP) Presidential Candidate, Atiku Abubakar, advises President Bola Tinubu to adopt economic reforms inspired by Argentina's President Javier Milei. Atiku emphasizes the divergent approaches taken by the...
The Central Bank of Nigeria (CBN) has announced an adjustment in the exchange rate for the clearance of goods, increasing it from N1444.56/$ to N1515.09 against the USD. This marks a noteworthy rise of N70.53 compared to the previous rate, reflecting the CBN's continued efforts to align official...
In a proactive move to combat the surging cost of food, President Bola Tinubu has instructed the Ministry of Agriculture and Food Security to release 42,000 metric tons of maize, millet, and other strategic reserves.
This decision, following a meeting of the Presidential Committee on Emergency...
The Central Bank of Nigeria (CBN) has lifted foreign exchange restrictions on 43 items that had been in place for eight years. In a statement released on October 12, the CBN's director of corporate communications, Dr. Isa AbdulMumin, announced a significant shift in the foreign exchange market...
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