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Tinubu approves 15% import duty on petrol, diesel

President Bola Tinubu has given the green light for the implementation of a 15 per cent ad-valorem import duty on petrol and diesel brought into Nigeria, a move expected to protect domestic refineries and promote stability in the downstream oil sector. In a directive dated October 21, 2025, and made public on Wednesday, Tinubu ordered […]

New tax law empowers Nigeria Revenue Service to secure loans
Opinion

Oshiomhole urges Tinubu to revive textile industry

Former Edo State Governor and ex–All Progressive Congress National Chairman, Senator Adams Oshiomhole, has called for the urgent revival of Nigeria’s textile industry, describing it as a sleeping giant capable of generating over 20 million jobs and reviving the economy. Speaking in Kaduna at the 37th Annual National Education Conference of the National Union of […]

Nigeria@64: Tinubu unveils plan to create 2.5m jobs
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Nigerians’ medical tourism spending drops 52% under Tinubu — Report

Based on the latest Quarterly Statistical Bulletin of the Central Bank of Nigeria, Nigerians spent about $4.74 million on foreign healthcare-related services from May 2023 to March 2025, according to findings by The PUNCH. This amount represents the total spending on medical tourism during President Bola Tinubu’s first 22 months in office. A comparative analysis […]

featured News

Presidency denies selective justice as EFCC recovers ₦500bn under Tinubu

Vice President Kashim Shettima has disclosed that the Economic and Financial Crimes Commission has recovered assets worth over ₦500 billion and secured more than 7,000 convictions in the past two years. Shettima, who represented President Bola Tinubu on Monday at the opening of the 7th edition of the EFCC–NJI Capacity-Building Workshop for Judges and Justices […]

Conferences

Tinubu to attend 2025 Nigeria diaspora investment summit

President Bola Tinubu will attend the 2025 Nigeria Diaspora Investment Summit in Abuja as the Special Guest of Honour, according to the Nigerians in Diaspora Commission. The summit, which will run from November 11 to 13, aims to connect Nigerians living abroad with investment opportunities across key sectors of the country’s economy. Speaking during a […]

Nigeria, others spent $1.4trn on debt servicing in 2023 - World Bank
Opinion

World Bank report exposes worsening poverty under Tinubu — ADC

The African Democratic Congress has said that the World Bank’s October 2025 report, which revealed that 139 million Nigerians are now living below the poverty line, exposes the widening gap between the Federal Government’s claims of economic recovery and the harsh realities faced by ordinary citizens. In a statement signed by its National Publicity Secretary, […]

Nigeria, others spent $1.4trn on debt servicing in 2023 - World Bank
Economy

Presidency rejects World Bank’s ‘unrealistic’ 139m poverty figure

The Presidency has disputed the latest economic report by Nigeria’s biggest multilateral lender, the World Bank, which estimated that 139 million citizens were living in poverty, describing the figure as “unrealistic” and detached from the country’s economic realities. President Bola Tinubu’s Special Adviser on Media and Public Communication, Sunday Dare, said in a post on […]

News

Tinubu withholds assent to two bills by NASS

President Bola Ahmed Tinubu has withheld assent to two bills recently passed by the National Assembly, citing provisions that he described as inconsistent with federal policy, financially risky, and potentially harmful to good governance. Godswill Akpabio, the Senate President, read the President’s letters to lawmakers on Tuesday at the resumption of plenary. The first bill […]

featured News

Tinubu accepts minister Nnaji’s resignation amid forgery allegations

President Bola Ahmed Tinubu has accepted the resignation of Geoffrey Uche Nnaji, Minister of Innovation, Science, and Technology, following allegations leveled against him. Nnaji, who was appointed in August 2023, announced his resignation in a letter to the President on Tuesday, expressing gratitude for the opportunity to serve the nation. In the letter, Nnaji noted […]

Tinubu orders NNPC to sell Crude to Dangote in Naira
News

Nigerians better off now than 1960 – Tinubu’s aide

The Special Adviser to President Bola Tinubu on Economic Affairs, Tope Fasua, claims that Nigerians are better off today than they were at independence in 1960, despite the present economic hardships. Speaking on Channels Television on Friday, Fasua argued that comparing the country’s current realities with the early post-independence years is misleading. He explained that […]

Nigeria@64: Tinubu unveils plan to create 2.5m jobs
Opinion

Aiyedatiwa hails Tinubu’s economic reforms

Ondo State Governor, Lucky Aiyedatiwa, has commended President Bola Tinubu for his bold economic reforms, social re-engineering, and massive infrastructural developments. Speaking on Wednesday during Nigeria’s 65th independence anniversary celebration in Akure, Aiyedatiwa described Tinubu as a visionary leader who will take the country to the next level with his Renewed Hope initiatives. The governor […]

News

Fuel subsidy removal was necessary – Tinubu

President Bola Tinubu has defended his decision to end fuel subsidy, describing it as a necessary step to rescue the economy and redirect Nigeria’s wealth to benefit ordinary citizens. In his Independence Day broadcast, Tinubu recalled inheriting a “near-collapsed economy” and said tough choices had to be made. “As a new administration, we faced a […]

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