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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 […]

News

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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