Nigeria Set to Scrap Five Major Bank Charges From January 2026 Under New Tax Reforms
Starting January 2026, millions of Nigerians are set to benefit financially as the Federal Government eliminates five widely applied bank charges under its broad tax reform initiative. This move is part of President Bola Ahmed Tinubu’s fiscal reform…
Akon Says Lagos Could Have Been World Financial Capital If Nigeria Retained Its Oil Revenue
Senegalese-American singer and entrepreneur Akon has weighed in on why Lagos has yet to become a global financial hub, pointing to Nigeria’s historical economic decisions. In a video shared on Instagram on Tuesday, the 52-year-old blamed the Nigerian…
Nigeria Bans Indigenous Languages as Medium of Instruction, English to Be Used in All Schools
The Nigerian government has officially ended the use of indigenous languages as the primary medium of instruction in schools, directing educators nationwide to adopt English as the standard language for teaching. Education Minister Dr. Tunji Alausa…
Tension Over 2026 Budget Forces House to Adjourn Plenary
Proceedings at the House of Representatives were abruptly adjourned on Tuesday amid rising tension over the 2026 budget and President Bola Tinubu’s ₦1.15 trillion loan request. The House, which had a full Order Paper containing 30 bills and 16 reports,…
Nigeria’s Borrowing Surpasses 2025 Budget Target by Over Half, Set to Hit 80% by Year-End
The Federal Government (FG) has borrowed N17.36 trillion from domestic and external sources in the first ten months of 2025, exceeding the prorated 10-month target of N10.9 trillion by N6.06 trillion, or 55.6 percent. The full-year borrowing ceiling…
Tinubu: Nigeria Has Attracted $5bn in Foreign Investments Across Sectors
President Bola Ahmed Tinubu has announced that Nigeria has secured over $5 billion in new foreign investments in manufacturing, fintech, and energy through policy clarity and active investor engagement since he assumed office two years ago. Speaking at…
Russia Says It’s Watching Nigeria Closely After Trump’s Warning of Possible U.S. Military Action
Russia has said it is “closely monitoring” the situation in Nigeria after U.S. President Donald Trump hinted at potential American military intervention to combat terrorist groups allegedly attacking Christian communities. Russian Foreign Ministry…
Nnamdi Kanu Writes Trump, Seeks U.S.-Led Probe into Alleged Genocide Against Christians and Igbos in Nigeria
The detained leader of the Indigenous People of Biafra (IPOB), Mazi Nnamdi Kanu, has written to United States President Donald Trump, urging him to initiate an independent investigation into what he described as state-backed genocidal killings of…
FG Raises $2.35bn Through Eurobond Issuance
The Federal Government has successfully raised $2.35 billion from the international capital markets through a Eurobond issuance, despite recent comments by U.S. President Donald Trump threatening sanctions and possible military action over alleged…
“Boko Haram Reduced Our 176 Churches To 28” – Gwoza Community In Borno Insists On Christian Genocide
The Gwoza Christian Community Association in Borno State has insisted that there is an ongoing genocide being perpetrated against them by Boko Haram terrorists. The association, in a statement jointly signed by Rev. Ayuba John Bassa and Rev. Filibus K.…