Nigeria moving from survival mode to stability, prosperity era – Tinubu
President Bola Ahmed Tinubu has said Nigeria is moving beyond a period of struggle into stability and growth. He explained that the country is gradually transitioning from survival mode to a more secure and prosperous phase. According to him, ongoing reforms are beginning to produce positive results across key sectors. The president also noted that […]
Nigeria’s N152tn debt largely inherited – Edun tells Senate
The Minister of Finance, Wale Edun, told the Senate that Nigeria’s N152 trillion debt is mostly inherited, with only about N20 trillion borrowed since 2023. Exchange rate fluctuations also increased the naira value of foreign loans, contributing to the debt growth. Edun explained that the proposed N58.472 trillion 2026 budget focuses on growth-enhancing projects aimed […]
You’ve set Nigeria on path to sustainable growth – Wike to Tinubu
The Minister of the Federal Capital Territory, Nyesom Wike, has commended President Bola Tinubu for what he described as bold leadership and economic direction. He said the president’s policies are gradually placing Nigeria on a stable path toward long-term national development. Wike noted that recent reforms show a clear plan to rebuild the economy and […]
Why Ogun 2026 budget increased by 58 percent – Commissioner for Finance
The Ogun State government has explained the reason behind its sharp budget increase for 2026, saying the rise reflects strong economic growth and deliberate reforms. The Commissioner for Finance and Chief Economic Adviser, Dapo Okubadejo, stated during a media briefing in Abeokuta that the approved ₦1.669 trillion budget shows the state’s improving financial strength and […]
Nigerian economy better under Tinubu – APC chieftain, Arise
A chieftain of the All Progressives Congress (APC), Senator Ayodele Arise, has said Nigeria’s economy is performing better under President Bola Ahmed Tinubu due to what he described as bold and decisive economic reforms. He made this statement while speaking with journalists, dismissing criticisms from opposition figures who have questioned the direction of the current […]
Tinubu’s 2026 budget speech
President Bola Tinubu has presented the 2026 Appropriation Bill to the National Assembly, proposing a total budget size of N58.46 trillion. In his address, the President described the proposal as a key step in consolidating recent economic reforms while improving the living standards of Nigerians. He acknowledged the challenges citizens have faced but stressed that […]
Nigerian Govt missed 2025 revenue target by 281% – Finance Minister
Nigeria’s Finance Minister has revealed that the Federal Government fell far short of its 2025 revenue expectations, missing the target by as much as 281 percent. The disclosure highlights the serious gap between projected income and what was actually earned during the fiscal period. According to the minister, several factors contributed to the shortfall, including […]
Tunnel of dark economy getting better – Tinubu
President Bola Ahmed Tinubu has stated that Nigeria is gradually moving out of what he described as a “tunnel of a dark economy.” He explained that although the country has faced serious economic challenges, steady progress is now being made through the government’s reforms. Tinubu noted that key policies aimed at stabilizing the economy are […]
Trump’s threat wreaking havoc on Nigerian stock market, Naira – Economists
Nigeria’s economy has been shaken over the past ten days following comments from U.S. President Donald Trump, who labelled the country a Country of Particular Concern and hinted at possible military action. Economists say the statement has scared investors, leading to panic in the financial markets. The Nigerian Stock Exchange has suffered heavy losses, dropping […]
Senator Ben Murray-Bruce dumps PDP for APC as ruling party captures Bayelsa
Former Senator representing Bayelsa East, Ben Murray-Bruce, has officially resigned from the Peoples Democratic Party (PDP) and joined the All Progressives Congress (APC). The media entrepreneur and politician announced his defection on Wednesday in a statement shared on his official Facebook page, where he praised President Bola Tinubu’s administration for its economic vision and bold […]