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Sony shares drop 6% as Q1 profit plunges

Sony nears $4bn deal to buy Justin Bieber, others’

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Oil falls, stocks rise as Trump signals possible end

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Global watchdog warns AI boom could trigger private credit

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Senate confirms Joseph Tegbe as new power minister

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Investment

Tinubu woos investors in Paris, pledges fiscal discipline transparency

President Bola Tinubu has met with global investors in Paris, France, emphasising transparency and fiscal discipline, and explaining the rationale for the swift implementation of bold reforms. Vanguard reported that at the meeting, the Minister of Finance and Coordinating Minister of the Economy, Mr Taiwo Oyedele, highlighted Nigeria’s strong GDP growth in dollar terms in […]

Tinubu orders NNPC to sell Crude to Dangote in Naira
featured Transportation

Tinubu approves ₦1trn Kaduna light rail, ₦178bn road project

Kaduna State Governor, Uba Sani, has expressed appreciation to President Bola Ahmed Tinubu for approving strategic infrastructure contracts worth over ₦1 trillion and ₦178 billion aimed at transforming transportation and connectivity in the state. In a statement on behalf of the Kaduna State Government, the governor commended the Federal Executive Council for the approval of […]

featured Finance

Reps approve Tinubu’s $516.33m loan for Sokoto-Badagry superhighway project

The House of Representatives on Tuesday approved President Bola Tinubu’s request to secure a $516.33m loan from Deutsche Bank to finance Section I of the ambitious Sokoto-Badagry Superhighway project, a key infrastructure initiative under the administration’s Renewed Hope Agenda. The approval followed the consideration of the President’s request by the Committee of Supply during plenary […]

Opinion

Ndume hails Tinubu over ₦68bn power intervention in Borno

Former Senate Leader Ali Ndume has praised President Bola Tinubu for approving ₦68 billion in operational support for the Maiduguri Emergency Power Plant. The funding, scheduled to be released in phases between March 2026 and December 2028, is intended to tackle the persistent power shortages in Borno State, which have been worsened by insurgent attacks […]

Finance

Tinubu unveils ₦25trn pension assets to secure workers’ future

President Bola Tinubu has officially unveiled a N25 trillion pension asset pool. This initiative is part of a broad social protection drive intended to ensure that Nigerian workers no longer experience financial hardship following their retirement. During the opening of the ISSA 2026 West Africa Seminar in Abuja, the President reaffirmed his administration’s dedication to […]

News

Tinubu approves ₦17bn fund for projects in 8,804 wards nationwide

President Bola Ahmed Tinubu has approved a N17 billion community-led development fund to drive grassroots interventions across Nigeria’s 8,804 wards. This was disclosed in a statement issued by the Assistant Director, Information and Public Relations, Ado Bako, on behalf of the Federal Ministry of Health and Social Welfare. The President also approved the upgrade of […]

Electricity featured

Tinubu blames privatization for current power sector crisis

President Bola Ahmed Tinubu has declared that Nigeria is currently on the right path notwithstanding the persistent challenges facing the power sector. During a recent engagement monitored on Channels Television, the President attributed the nation’s ongoing electricity struggles to what he described as poorly executed privatisation by previous administrations. He expressed a strong sense of […]

Finance

Nigeria isn’t poor, huge money moves below radar – Tinubu’s aide

The Special Adviser to President Bola Ahmed Tinubu on Economic Affairs, Tope Fasua, has asserted that Nigeria should not be classified as a poor country, pointing instead to the enormous scale of economic activities taking place within its informal sector. Fasua made the remarks while addressing recent economic reforms, explaining that a substantial portion of […]

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 […]

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