Finance

FinanceNewsPolitics

Tinubu Says It’s Not How Much Nigeria Borrows But What It Builds, As Debt Hits N166.79 Trillion and Abandoned Projects Pile Up

President Bola Tinubu has defended his administration’s aggressive borrowing plans, arguing that the focus should not be on the amount of money Nigeria...

FinanceNewsWorld

Mali Signs Two Mining Deals With Russian Firm Zarubezhgeologia

Mali has signed two new contracts with the Russian geological company Zarubezhgeologia to map the country’s mineral resources and set up a national...

FinanceNewsPolitics

Tinubu Starved Health Workers for 19 Months But Suddenly Finds N70,000 After Realising 2027 Is Near

The Federal Government has finally reached an agreement with the Nigeria Labour Congress to pay a monthly transport allowance of N70,000 to public...

FinanceNewsPolitics

BREAKING: Tinubu Asks Senate to Approve Fresh $20.5bn, €1.04bn Loans Weeks After Record Debt Warning

President Bola Tinubu has asked the Senate to approve a fresh supplementary external borrowing plan of $20.52 billion and €1.045 billion, just weeks...

BusinessFinancePolitics

Tinubu’s Naira Crisis Forces Shoprite to Abandon Malls for Neighbourhood Stores After Mass Shutdowns

Shoprite Nigeria is planning to open standalone neighbourhood stores as it tries to revive its retail operations after financial difficulties forced it to...

FinanceNewsPolitics

Tinubu’s N15 Trillion Coastal Highway Has No Master Design, Umahi Admits Two Years After Construction Began

The Minister of Works, David Umahi, has admitted that the 750-kilometre Lagos-Calabar Coastal Highway, one of President Bola Tinubu’s flagship infrastructure projects, has...

FinanceNewsPolitics

South-South Governors Reject Realignment of Lagos-Calabar Coastal Highway, Insist Project Must Stand Alone

Bayelsa State Governor Douye Diri has revealed that all governors in the South-South region are united in rejecting the Federal Government’s plan to...

FinanceNewsWorld

Ghana’s Economy to Hit $128.64 Billion in 2026, Retains Position as Africa’s 8th Largest

Ghana’s economy is projected to reach $128.64 billion in 2026, retaining its place among Africa’s ten largest economies, according to the International Monetary...

EducationFinancePolitics

Tinubu’s NELFUND Loan Scandal Deepens as Enugu College Threatens Students With Expulsion for Refusing Debt

A fresh scandal has erupted over President Bola Tinubu’s student loan scheme after a state-owned college in Enugu was exposed for making the...

EducationFinancePolitics

Tinubu’s Student Loan Is Funded by TETFund and EFCC Recoveries, Not New Money

President Bola Tinubu’s student loan scheme is being financed with money diverted from the Tertiary Education Trust Fund and cash recovered by the...

FinanceNewsPolitics

Oyedele Says Markets Have Written Off Opposition and Expect Tinubu’s Re-election, Nigerians Accuse Him of Working for Foreign Interests

Finance Minister and Coordinating Minister of the Economy, Taiwo Oyedele, has sparked a fresh wave of criticism after declaring that domestic and international...

FinanceNewsPolitics

Senator Ireti Kingibe Says 25% Tax Law Already Passed, Will Hit Nigerians After 2027 Election

Senator Ireti Kingibe has claimed that the National Assembly has already passed a tax law requiring Nigerians to pay 25 percent of their...