Nigeria’s economy is now stable – President Tinubu
President Bola Tinubu has said that Nigeria’s economy is now stable thanks to his administration’s bold reforms. He stated that these actions have helped the country gain respect globally. He made the remarks at the State House while receiving His Imperial Majesty, Oba Ghandi Afolabi Oladunni Olaoye, Orumogege III, the Soun of Ogbomosoland, along with […]
Lagos is no man’s land, It is the hub of Nigeria – Presidential aide, Daniel Bwala
Daniel Bwala, Special Adviser to President Bola Tinubu on Policy Communication, has explained why so many federal projects are focused on Lagos State. He described Lagos as a “no-man’s land” and the economic pride of Nigeria. Speaking on Arise News on September 3, Bwala said the N3.9 trillion allocated to Lagos in federal projects over […]
2025 revenue target has been met. I can brag Nigeria no longer borrowing from local banks- President Tinubu
President Bola Ahmed Tinubu has announced that Nigeria is no longer borrowing from domestic banks after achieving a major revenue breakthrough driven by non-oil sectors. Speaking on Tuesday, September 2, during a meeting with members of the Buhari Organisation led by former Nasarawa State Governor, Senator Tanko Al-Makura, at the Presidential Villa, Tinubu said the […]
Naira slides to N1,550/$ in parallel market
The Naira continued its decline on Tuesday, August 26, closing at N1,550 per dollar in the parallel market, down from N1,540 per dollar recorded on Monday. In the official Nigerian Foreign Exchange Market, the local currency also weakened slightly, trading at N1,537 per dollar compared to N1,536.99 per dollar the previous day, according to the […]
Tinubu bans export of raw shea nut
President Bola Ahmed Tinubu has announced a six-month ban on the export of raw shea nuts. Vice President Kashim Shettima revealed the decision during a meeting with stakeholders in Abuja. He explained that the ban is only temporary and will be reviewed later. According to him, the step is aimed at building up Nigeria’s shea […]
Imo Governor, Uzodimma Approves N104,000 Minimum Wage for Workers
Governor Hope Uzodimma of Imo State has approved a new minimum wage for civil servants in the state. He announced that workers will now receive N104,000 as the minimum wage, an increase from the previous N76,000. The governor made the announcement during a meeting with labour union leaders at the Government House in Owerri on […]
Tinubu’s Economic Reforms, Uncoordinated, Reactive – Peter Obi Counters Okonjo-Iweala’s Claim
Labour Party’s 2023 presidential candidate, Peter Obi, has disagreed with claims that President Bola Tinubu’s policies are reviving Nigeria’s economy. Obi argued that Tinubu’s economic strategies are not well-planned but rather reactive responses to issues. His comment came after the World Trade Organization’s Director-General, Dr. Ngozi Okonjo-Iweala, said on Thursday that Nigeria’s economy had stabilized […]
You are not a tourist – Peter Obi tells President Tinubu as he departs Nigeria for Brazil and Japan today
Peter Obi has strongly criticised President Bola Tinubu for planning to travel to Brazil and Japan on August 14, saying the trip is coming at a bad time when Nigeria is facing severe insecurity and economic hardship. In a message on his X account, Obi said Tinubu’s constant trips abroad show a lack of concern […]
Tinubu’s policies caused less pain compared to Argentina – Presidential aide replies Obi
Presidential aide O’tega Ogra, who serves as Senior Special Assistant on Digital Communications, Engagement and Strategy to President Bola Tinubu, has criticised Labour Party’s 2023 presidential candidate, Peter Obi, over his recent praise for Argentina’s economic reforms. On August 11, Obi stated that the hunger and poverty in Nigeria were caused by leaders who lacked […]
Presidency rejects ‘Nigeria is collapsing’ claims, says fears of Hunger exaggerated
The Nigerian Presidency has rejected suggestions that the country is falling apart, saying such claims are exaggerated and not based on the true state of things. In a statement issued on Friday, August 8, Sunday Dare — President Bola Tinubu’s Special Adviser on Media and Public Communications — strongly disagreed with an editorial titled “Nigeria […]