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Finance

Tinubu approves $75m investment in Flutterwave

President Bola Tinubu has approved a $75 million investment in Flutterwave as the fintech company advances plans for its Initial Public Offering. The development was disclosed on Monday by the President’s Special Assistant, Dada Olusegun, via a social media post. The move comes shortly after Flutterwave secured approval to operate banking services in Nigeria, marking […]

featured Finance

Tinubu signs ₦68.32trn 2026 budget into law

President Bola Tinubu has signed the 2026 Appropriation Bill into law, authorising an aggregate expenditure of ₦68.32 trillion for the current fiscal year. He also signed a separate bill extending the implementation period of the 2025 budget from March 31 to June 30, 2026. The budget allocates ₦4.799 trillion for statutory transfers and ₦15.8 trillion […]

Aviation

Nigeria Airways ex-workers lament delayed ₦36bn Tinubu-approved payment

Nigeria Airways ex-workers have lamented over the delay in payment of N36 billion severance benefits that have lingered for several years despite approval by President Bola Ahmed Tinubu. Speaking during a press conference at the Lagos airport on Thursday, Prekeme Porbemi, a former pilot for the defunct Nigeria Airways Limited who spoke on behalf of […]

News

Tinubu commissions Nigeria Revenue Service new headquarters in Abuja

President Bola Tinubu on Tuesday officially commissioned the new Corporate Headquarters of the Nigeria Revenue Service in Abuja. The event marked the transition from the Federal Inland Revenue Service to the newly restructured Nigeria Revenue Service. Tinubu, while addressing guests in a video of the unveiling shared by his Special Assistant on Social Media, Dada […]

featured Opinion

Tinubu’s reforms bring necessary pain for long-term gain — Bwala

In a strong defence of the ongoing economic reforms under President Bola Ahmed Tinubu, presidential aide Daniel Bwala has described the current hardship as a reflection of necessary structural changes rather than policy failure. In a post on X on Monday, Bwala argued that while the reforms may be difficult, the challenges Nigerians previously endured […]

SERAP sues Wike, governors, over failure to account for N40tn LGA allocations
Scams

SERAP urges Tinubu to probe missing ₦2.9bn in NIGCOMSAT, NNRA

The Socio-Economic Rights and Accountability Project has urged President Bola Tinubu to direct Dr Bosun Tijani, Minister of Communications, Innovation and Digital Economy, and the management of both the Nigerian Communications Satellite Limited and the Nigerian Nuclear Regulatory Authority to account for and explain the whereabouts of the alleged missing or diverted ₦2.9 billion of […]

Tinubu appoints Olusi as new BoI boss
Electricity featured

Tinubu approves ₦3.3trn power debt to restore stable electricity

President Bola Tinubu has approved the payment plan to finally settle the outstanding debts under the Presidential Power Sector Financial Reforms Programme. The Special Adviser to the President on Information and Strategy, Bayo Onanuga, disclosed this in a press statement on Sunday. He stated that the debt repayment plan followed the final review of the […]

News

Tinubu inaugurates ₦73bn Customs complex in Ogun

President Bola Tinubu inaugurated a N73 billion customs complex in Iperu, Ogun State, marking a major infrastructure push aimed at strengthening trade facilitation, enforcement, and revenue generation within the Nigeria Customs Service. The project, which houses the Federal Operations Unit Zone ‘A’, spans 142 buildings on a 100-hectare site and is designed to deliver international-standard […]

featured Finance

Account for ₦158trn foreign loans, SDP queries Tinubu

The Social Democratic Party has called on the administration of President Bola Ahmed Tinubu to provide a detailed account of over ₦158 trillion in foreign loans allegedly secured within the last three years. The party also expressed concern that recently approved loans by the National Assembly could be misapplied or diverted for political purposes ahead […]

News

Tinubu hosts Chadian president for security, trade talks

President Bola Tinubu on Thursday hosted President Idriss Déby of Chad at the Presidential Villa, Abuja. The brief high-level meeting underscores ongoing efforts by both countries to strengthen bilateral relations and deepen cooperation on regional security, trade, and economic development. President Bola Tinubu and President Mahamat Idris Deby Itno of the Republic of Chad, Credit: […]

featured Finance

Senate approves $6bn external loans for Tinubu

The Senate has approved the request of President Bola Tinubu to go for external loans totalling $6 billion. The approval came barely three and a half hours after the senate president, Godswill Akpabio, read the letter from the president, seeking the approval. The Senate approved the loans following the presentation and consideration of the report […]

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