Business

Cutix Plc reports ₦47.90m loss after 2025/2026 revenue

  • 31st May 2026

Honeywell Flour Mills reports ₦21.9bn profit before tax

  • 31st May 2026

First HoldCo assures shareholders of dividend payments resumption

  • 31st May 2026

NNPC revenue surges 79% to N4.97tn in April

  • 31st May 2026

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Cutix Plc reports ₦47.90m loss after 2025/2026 revenue decline

Business

Power outages cost Nigerian firms 3% annual sales —

Electricity

Cristiano Ronaldo named world’s highest paid athlete for sixth

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Honeywell Flour Mills reports ₦21.9bn profit before tax

Business

Tag: Bayo Onanuga

Economy featured

Tinubu takes bullets to save Nigeria from economic disaster — Onanuga

Special Adviser to President Bola Tinubu on Information and Strategy, Bayo Onanuga, has defended the Federal Government’s economic reforms. He said the President made difficult decisions to prevent Nigeria from sliding into fiscal crisis. In an opinion article released on Friday to mark Tinubu’s third year in office, Onanuga said the administration implemented painful but […]

Appointments

Nigeria has no Turkish ambassador yet, says Presidency

The Presidency has clarified that no ambassador has yet been deployed to the Republic of Turkey. In a statement issued on Friday, Bayo Onanuga, Special Adviser to the President on Information and Strategy, said only three ambassadors-designate have so far been approved by President Bola Tinubu. The three ambassadors-designate are those posted to the United […]

Finance

Budget office clarifies ₦246bn NEDC budget controversy

The Budget Office of the Federation has dismissed claims suggesting that the North East Development Commission operates a ₦246 billion salaries budget, describing the narrative as false and misleading. In a press statement issued on Thursday, the Director General of the Budget Office of the Federation, Tanimu Yakubu, said the allegation was inaccurate and based […]

Naira closes week stronger at N1,534.72/$ 
Finance

Dollar no longer king, Onanuga declares as Chinese traders accept naira

The Special Adviser to President Bola Tinubu on Information and Strategy, Bayo Onanuga, has said that ongoing economic reforms are restoring foreign confidence in the Naira and positioning it as a viable international means of exchange.   Onanuga, in a statement posted on his X (formerly Twitter) handle, described the development as salutary for the […]

Economy

Tinubu’s reforms restoring foreign confidence in naira — Onanuga

The Special Adviser to President Bola Tinubu on Information and Strategy, Bayo Onanuga, has said that ongoing economic reforms are restoring foreign confidence in the Naira and positioning it as a viable international means of exchange. Onanuga, in a statement posted on his X (formerly Twitter) handle, described the development as salutary for the Nigerian […]

Business

TICAD9: Nigeria prioritising engagements over exhibition, Onanuga reacts to empty booth

The Federal Government has clarified that its focus at the ongoing ninth Tokyo International Conference on African Development in Yokohama, Japan, is on strategic engagements rather than participation in the trade expo. Presidential spokesman Bayo Onanuga, in a statement on Wednesday, addressed concerns raised after a viral photo showed an empty booth labelled “NIGERIA” at […]

News

Dangote refinery, others crucial to Nigeria’s fuel supply crisis – Onanuga

The Special Adviser to the President on Media and Strategy, Bayo Onanuga has stated that the Dangote refinery, along with other domestic refineries, could play a pivotal role in addressing Nigeria’s ongoing fuel supply crisis. This was disclosed by Onanuga via his official X account on Tuesday. Onanuga’s statement comes in response to recent criticisms […]

featured

FG denies proposing N105, 000 new minimum wage

The Presidency has characterized as fake the story making the rounds that the Minister of Finance and Coordinating Minister for the Economy, Wale Edun, had suggested N105,000 in the new minimum wage design This was disclosed by the Special Adviser to the President on Information and Strategy, Bayo Onanuga via his official X handle on […]

Ministry nears complete review on Abuja estate linked to Emefiele
Opinion

Emefiele: Good riddance to Nigeria’s worst CBN gov, says Onanuga

The Directory of Media and Publicity, Tinubu/Shettima campaign, Bayo Onanuga, has described the suspension of the Central Bank of Nigeria Governor, Godwin Emefiele, as good riddance.   PUNCH Metro had reported on Friday night that the President, Bola Ahmed Tinubu, suspended Emefiele, amid an ongoing investigation of his office and planned reforms in the financial […]

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