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Tinubu signs Nigerian insurance reform act 2025 into law

President Bola Ahmed Tinubu has signed the Nigerian Insurance Industry Reform Act 2025 into law, marking the most comprehensive overhaul of Nigeria’s insurance regulatory framework in over two decades. The new law repeals the Insurance Act of 2003 and consolidates several outdated legislations into a modern, unified legal framework aimed at driving innovation, transparency, and […]

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Tinubu moves to prevent disruption of NNPC-funded road projects

President Bola Tinubu has intervened in response to growing concerns over potential funding disruptions to key road projects under the NNPC Limited Tax Credit Scheme. To prevent delays and reassure stakeholders, the President has directed the continued implementation of the scheme and the prompt release of payments to contractors. Conveying the President’s stance during a […]

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Tinubu pledges bold reforms to boost agricultural, livestock export capabilities

Nigerian President Bola Tinubu announced plans to eliminate barriers stifling the country’s agricultural sector, including livestock production, to achieve food sovereignty and enhance export capabilities. The commitment was made during a bilateral meeting with Brazilian President Luiz Inácio Lula da Silva on the sidelines of the BRICS Summit in Rio de Janeiro on July 5, […]

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Nigeria was near bankruptcy when I took office — Tinubu

President Bola Tinubu has said his administration has pulled Nigeria’s economy back from the brink of collapse, assuring Nigerians in Saint Lucia that key reforms are helping to stabilise the country and restore investor confidence. Speaking during an interactive session with the Nigerian community, Tinubu said he inherited a nation that was nearly bankrupt when […]

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Tinubu signs four tax reform bills into law

President Bola Tinubu has signed four tax reform bills into law, marking what his administration calls a significant milestone in the effort to revamp Nigeria’s economic governance. The signing ceremony, held on Thursday at the Presidential Villa, was attended by Senate President Godswill Akpabio, House Speaker Tajudeen Abbas, key National Assembly leaders, the Minister of […]

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Tinubu to sign four major tax reform bills Thursday

President Bola Tinubu will on Thursday sign into law four major tax reform bills aimed at overhauling Nigeria’s fiscal and revenue systems. The announcement was made on Wednesday by Bayo Onanuga, Special Adviser to the President on Information and Strategy, in a statement titled “President Tinubu signs four tax bills into law tomorrow.” The four […]

Agribusiness

Green imperative programme will transform Nigeria’s agriculture sector – Tinubu 

President Bola Tinubu has restated Nigeria’s strong commitment to enhancing bilateral relations with Brazil, describing the $1 billion Green Imperative Programme as a landmark initiative set to revolutionise the country’s agricultural sector through modern technology and capacity development. He made the remarks on Tuesday evening at the State House in Abuja during a meeting with […]

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

President Bola Tinubu announced a sweeping initiative to transform Nigeria’s agricultural sector, aiming to enhance food production, attract investment, and create jobs. Speaking at the National Assembly during his Democracy Day address on Thursday, Tinubu outlined a strategic vision to make farming a cornerstone of economic growth. He stated that his administration is committed to […]

FG deducts N256.5bn for gas projects in six months
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Tinubu signs order to cut costs, boost Nigeria’s oil investment

President Bola Tinubu has signed an Executive Order designed to reduce costs in oil and gas projects, enhance government revenue, and speed up investment inflows into Nigeria’s energy sector. According to a statement released Thursday by the Office of the Special Adviser to the President on Energy, the order implements comprehensive fiscal reforms that emphasize […]

Over 160,000 benefited from Tinubu's transport subsidy - Alake
Business

Tinubu’s reforms attracted $800m in mining sector – Minister 

Nigeria’s solid minerals sector is undergoing a revival, driven by the Tinubu administration’s strong focus on local value addition and tighter licensing regulations. These reforms attracted over $800 million in processing projects in the past year. The sector’s revenue skyrocketed to N38 billion in 2024, a sharp rise from N6 billion the previous year, despite […]

Cut corporate tax to 7.5%, NACCIMA urges Tinubu
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Tinubu approves national integrated electricity policy to transform power sector

President Bola Tinubu has officially ratified the National Integrated Electricity Policy, a comprehensive roadmap for the Nigerian Electricity Supply Industry. The policy is designed to attract $122.2 billion in investments to transform and modernize Nigeria’s power sector. During the Federal Executive Council meeting on Monday, President Tinubu ratified the long-awaited National Integrated Electricity Policy, which […]

FG deducts N256.5bn for gas projects in six months
News

Tinubu strengthens NCDMB with four new appointments

President Bola Tinubu has approved the appointment of four new members to the Governing Council of the Nigerian Content Development and Monitoring Board. This decision aims to fill existing vacancies and enhance the board’s capacity to promote local content in Nigeria’s oil and gas industry. The announcement was made in a statement on Thursday by […]