Rising debt: Financial expert, Idakolo ex-rays Nigeria’s situation
Nigerians are reacting in different ways to the government’s constant borrowing, which many say has pushed the country’s external debt to concerning levels. Recently, the Senate approved President Bola Tinubu’s request to borrow more than $21 billion to support the 2025–2026 budget cycle. This move allows the government to fully implement the 2025 budget. The […]
IMF upgrades Nigeria’s economic growth forecast to 3.4%
The International Monetary Fund (IMF) has raised its economic growth forecast for Nigeria to 3.4% for the year 2025. This is a slight increase from its earlier estimate of 3.0% released in April 2025, showing some signs of progress in the Nigerian economy. In addition, the IMF also gave a better outlook for 2026. It […]
Nigerians now have more confidence in naira—CBN Governor Cardoso
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has said that for the first time in a long while, Nigerians are beginning to trust the naira again. He shared this update while answering questions at the end of the 301st Monetary Policy Committee (MPC) meeting held on Tuesday. Cardoso explained that the […]
Nigerian marketers reduce fuel prices as FG shuts down economy in honour of Buhari
Nigerian fuel marketers have decided to lower the cost of petrol, starting from Tuesday, July 15. This decision comes as the Nigerian government shuts down operations for the day due to a public holiday declared in honour of the late former President Muhammadu Buhari. Abubakar Maigandi, who leads the Independent Petroleum Marketers Association of Nigeria […]
Peter Obi manipulative liar, Tinubu didn’t borrow more than Obasanjo, Jonathan, Buhari – Omokri
Former presidential aide, Reno Omokri, has slammed Labour Party’s Peter Obi for spreading what he called a false claim about President Bola Tinubu’s borrowing. According to Omokri, Obi wrongly said that Tinubu had borrowed more than past presidents including Obasanjo, Yar’Adua, Jonathan, and Buhari combined. He went on to describe Peter Obi as a “manipulative […]
“Consider bringing back cashless policy in Nigeria, it will help to reduce kidnapping” – Actor, Yul Edochie tell president Tinubu
Nigerian actor, Yul Edochie, has called on President Bola Tinubu to bring back the cashless policy that was once introduced by the Central Bank of Nigeria (CBN). Yul made this request through a message he posted on social media. He believes that the cashless policy, which allowed people to use less physical money and rely […]
Hardship: Pastor Adeboye plans prayer for economic restoration
Many Nigerians are facing hard times due to the tough economic situation in the country. To respond to this, Pastor Enoch Adeboye, the General Overseer of the Redeemed Christian Church of God (RCCG), has announced plans to lead a national prayer session. The goal of this special prayer is to ask God for help in […]
Nigeria not moving economically as it should – Obasanjo
Former Nigerian President Olusegun Obasanjo has said that the country is not growing economically the way it should. He made this statement while speaking at the Afreximbank Annual Meetings currently being held in Abuja on Thursday, June 26. “We are not where we should be economically. For over three or four decades, Nigeria has taken […]
Our refinery Tinubu’s brainchild – Dangote
The Dangote Petroleum Refinery and Petrochemicals Complex is a big project inspired by President Bola Tinubu, according to Alhaji Aliko Dangote, the chairman of the Dangote Group. Dangote shared this during the President’s visit to the refinery in Lagos State last Thursday. He welcomed the President warmly and thanked him for approving the building of […]
Economy will collapse if Nigeria does not borrow – Orji Kalu
Senator Orji Uzor Kalu, who represents the Abia North Senatorial District, believes that without borrowing money, Nigeria’s economy could fall apart. He shared this view during an interview on Channels Television’s Politics Today, where he responded to complaints that lawmakers approve too many loan requests from the government. Many people are worried because Nigeria’s debt […]