June 16, 2025
Lagos, Nigeria

Blog

Economy

Nigeria’s Economy Suffers Over ₦2 Billion Annual Loss – UNDP

Nigeria’s persistent electricity challenges are costing the nation more than ₦2 billion annually, according to the United Nations Development Programme (UNDP). This revelation was made by UNDP Resident Representative, Elsie Attafuah, during the inaugural National Legislative Conference and Expo on Renewable Energy held in Lagos. Attafuah highlighted the detrimental impact of inadequate power supply on

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Economy

Nigeria’s IMF Debt Doubles to Over ₦5 Trillion Amid Naira Depreciation

Nigeria’s financial obligations to the International Monetary Fund (IMF) surged by over ₦2.5 trillion in 2024, effectively doubling the country’s liabilities to the global lender within a year. This escalation is attributed primarily to the depreciation of the naira and increased borrowing under President Bola Tinubu’s administration. According to the Central Bank of Nigeria’s (CBN)

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Uncategorized

FEC Approves Tinubu’s Renewed Hope Policy to Prioritise Citizens in Economic Activities

The Federal Executive Council (FEC) has approved the Renewed Hope Nigeria First Policy, an initiative by President Bola Tinubu aimed at placing Nigerians at the heart of all business and economic activities in the country. Minister of Information and National Orientation, Alhaji Mohammed Idris, disclosed this to State House Correspondents after the FEC meeting on

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Uncategorized

JAMB: Over 1.5 Million Candidates Score Below 200 in 2025 UTME

The Joint Admissions and Matriculation Board, JAMB, has released a comprehensive statistical breakdown of the 2025 Unified Tertiary Matriculation Examination, UTME, results. The breakdown offers a full picture of the performances by Nigerian candidates in the examination conducted across the country. According to JAMB, out of 1,955,069 candidates who sat for the 2025 Unified Tertiary

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Politics

Governor Makinde Reassigns Portfolios of Five Top Aides

Governor Seyi Makinde of Oyo State has reshuffled his cabinet, announcing the reassignment of five commissioners to new ministries in a move aimed at improving efficiency and service delivery across key sectors. The reshuffle was confirmed in a letter signed by the Chief of Staff to the Governor, Segun Ogunwuyi, and made public on Monday

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Politics

Osun 2026: Tinubu Can’t Save APC, Adeleke’s Aide Fires Back

As the 2026 Osun State governorship election approaches, tensions between the ruling Peoples Democratic Party (PDP) and the opposition All Progressives Congress (APC) have intensified, with both parties trading accusations and political jabs. On Monday, Olawale Rasheed, spokesperson for Governor Ademola Adeleke, asserted that the APC should abandon hopes of leveraging President Bola Tinubu’s influence

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Politics

Insecurity Crisis: Reps Summon Benue, Zamfara Governors and Assemblies

Amid escalating security challenges in Benue and Zamfara states, the House of Representatives Committee on Public Petitions has summoned the governors and lawmakers of both states to appear before it on Thursday, May 8, 2025. The committee requests the presence of Governors Hyacinth Alia (Benue) and Dauda Lawal (Zamfara), along with members of their respective

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News

President Tinubu Vows Unyielding Support for Armed Forces Amid Rising Insecurity

President Bola Tinubu has vowed that Nigeria will not yield to internal or external forces working to destabilize the country, stating that the nation remains unshaken in its fight against terrorism and insecurity. Speaking to troops during a visit to the frontline in Katsina State on Friday, Tinubu praised the Nigerian armed forces for their

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News

EFCC Tracks $80bn in Sacked NNPCL Boss’s Account

A sweeping anti-corruption probe has rocked Nigeria’s petroleum sector. The Economic and Financial Crimes Commission (EFCC) is investigating the alleged misappropriation of nearly $3 billion allocated for the rehabilitation of the country’s state-owned refineries. The EFCC has arrested the recently sacked managing directors and top officials of the Port Harcourt Refining Company, Warri Refining and

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Headlines Politics

Seyi Tinubu Denies Attack at NANS Inauguration, Labels Allegations False

Seyi Tinubu, son of President Bola Tinubu, has strongly denied allegations made by the President of the National Association of Nigerian Students (NANS), Comrade Atiku Abubakar Isah, claiming he orchestrated a violent attack during the students’ inauguration event in Abuja. Isah had alleged that thugs loyal to Seyi Tinubu stormed the Wells Carlton Hotel in

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