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Tinubu appoints Ibrahim Ida as CAC chairman

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Tinubu appoints Ibrahim Ida as CAC chairman

President Bola Ahmed Tinubu has appointed Dr. Ibrahim M. Ida as Chairman of the Corporate Affairs Commission and nominated seven individuals to serve as commissioners of the National Population Commission. This was disclosed in a statement by the Special Adviser to the President on Information and Strategy, Bayo Onanuga, on Monday. The statement also noted […]

Business

Tinubu expands CNG initiative to include electric vehicles

President Bola Tinubu has approved the expansion of the Presidential Initiative on Compressed Natural Gas to incorporate electric vehicles, marking a new phase in the initiative’s repositioning. The program will now be called the Presidential Initiative on Compressed Natural Gas and Electric Vehicles. The Special Adviser to the President on Information and Strategy, Bayo Onanuga, […]

Business

Nigeria to adapt single annual budget cycle from 2026 – Tinubu

President Bola Tinubu has announced that Nigeria will adopt a single annual budget cycle beginning in April 2026. He made the declaration on Friday while presenting the 2026 Appropriation Bill to a joint session of the National Assembly. The shift is intended to eliminate overlapping budgets, which have hindered planning, delayed implementation, and weakened accountability. […]

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Tinubu arrives Brazil for two-day state visit

President Bola Tinubu has landed in Brasília, Brazil’s capital, for a two-day state visit. This was disclosed by the president’s special adviser on information and strategy, Bayo Onanuga via his official X handle. According to Onanuga, Tinubu arrived from Los Angeles, United States, and was welcomed by senior Brazilian government officials at Brasília Air Base. […]

Tinubu orders NNPC to sell Crude to Dangote in Naira
Business

Tinubu unveils credit guarantee company with ₦100b, names board

President Bola Ahmed Tinubu has officially established the National Credit Guarantee Company Limited, a pivotal initiative aimed at enhancing access to credit for individuals and businesses across Nigeria. This development was confirmed in a statement released by the Presidency on Thursday. As part of the launch of the National Credit Guarantee Company Limited (NCGC), President […]

Business

Make oil investment competitive, Tinubu’s aide urges African nations

The Special Adviser to President Bola Tinubu on Energy, Olu Verheijen, issued a stark warning to African nations at the 2025 Africa CEO Forum in Abidjan on on Wednesday, emphasizing that capital for oil sector projects will flow to regions offering the most competitive returns. Speaking to policymakers, investors, and industry leaders, Verheijen underscored the […]

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Tinubu seeks lawmakers approval of fresh $2.2bn loan

President Bola Tinubu has requested the House of Representatives to approve a new external borrowing of $2.209 billion to help address the $9.179 trillion budget deficit outlined in Nigeria’s 2024 Appropriation Act. This proposal was conveyed in a letter read by Speaker Tajudeen Abbas during Tuesday’s plenary session. In addition to the external borrowing request, […]

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