Economy Moody’s upgraded Nigeria’s credit rating from ‘Caa1’ to ‘B3’ June 1, 2025 Olaoluwa Vincent Ajayi In a significant vote of confidence, global credit ratings giant Moody’s has upgraded Nigeria’s sovereign credit rating from Caa1 to B3, citing substantial progress in fiscal discipline, external balance, and…
Economy Africa can be global mineral powerhouse – Okonjo-Iweala May 31, 2025 Friday Omosola Ngozi Okonjo-Iweala, Director-General of the World Trade Organisation (WTO), has called on African governments to adopt strategic policies that could position the continent as a vital player in global supply…
Economy Nigeria, ECOWAS move to accelerate work on Abidjan–Lagos highway project May 31, 2025 Friday Omosola Nigeria has teamed up with the ECOWAS Parliament to accelerate progress on the ambitious Abidjan–Lagos highway project, a critical infrastructure initiative aimed at boosting trade, creating employment, and enhancing connectivity…
World News Appeals Court temporarily reinstates Trump-era tariffs May 30, 2025 Elizabeth Jenrola Oso A Federal Court of Appeal on Thursday temporarily reinstated President Donald Trump’s sweeping tariffs, pausing a lower court’s decision that struck down the controversial levies as beyond presidential authority. In…
World News Trump administration bans race, sex statistics in federal hiring May 30, 2025 Fatimah Idera The Trump administration has directed federal agencies to stop using statistics related to race, sex, ethnicity, or national origin in the hiring process. This move is part of a broader…
World News China slams U.S. plan to revoke student visas for chinese nationals May 29, 2025 Damilola Beijing has criticised a recent move by the United States to revoke student visas held by Chinese, calling the measure “political and discriminatory,” according to AFP.
Economy Tinubu: Fuel subsidies, corrupt FX crippled Nigeria for decades May 29, 2025 Friday Omosola President Bola Tinubu has disclosed that fuel subsidies, along with the corruption-laden multiple foreign exchange windows, had long acted as a stranglehold on Nigeria, suffocating the nation’s prospects for decades.…
Economy Fuel subsidy removal: Two years after – gains, pains, what comes next? May 28, 2025 New Daily Prime On May 29, 2023, President Bola Tinubu, in his inaugural speech as President of the Federal Republic of Nigeria, made a landmark declaration: “Subsidy is gone.” With that single phrase,…
Economy Nigeria’s public debt nears N180trn as President seeks new leading May 28, 2025 Damilola Nigeria's public debt nears ₦180 trillion as President Tinubu seeks new strategies to manage the growing financial challenge.
Nigeria News Tinubu writes NASS for $21.5b foreign loan, N757.9b pension bond approval May 27, 2025 Damilola President Tinubu requests National Assembly support for $21.5B loan and ₦757.9B pension bond to stabilize Nigeria's economy.
