President Bola Ahmed Tinubu has accepted the resignation of Geoffrey Uche Nnaji, the Minister of Innovation, Science, and Technology, following some allegations against him. President Tinubu appointed Nnaji in August 2023. He resigned today in a letter thanking the President for allowing him to serve Nigeria. Nnaji said he has been a target of blackmail…
Professor Mahmood Yakubu has officially handed over leadership of the Independent National Electoral Commission (INEC) to May Agbamuche, who will now serve as the Acting National Chairman of the electoral body. The handover was announced on Tuesday during a meeting with Resident Electoral Commissioners (RECs) at the INEC headquarters in Abuja. Agbamuche, currently the oldest…
The World Trade Organization (WTO) has revised upward its forecast for global merchandise trade growth in 2025, citing a boom in AI-related goods and a rush of exports to the U.S. ahead of incoming tariff hikes by President Donald Trump. 📈 Key 2025 Trade Forecast Updates: 🔠Drivers of 2025 Trade Surge: 🇺🇸 Impact of…
The Federal High Court in Warri, Delta State, has issued an interim injunction stopping the Inspector General of Police (IGP) and the Nigeria Police Force (NPF) from implementing or enforcing the Tinted Glass Permit Policy that was set to begin on Monday, October 6, 2025. 🧑⚖️ Key Highlights of the Ruling: 📅 Next Steps: 🗨️…
The World Bank has revised its economic growth forecast for Nigeria and other sub-Saharan African countries, projecting a stronger expansion of 3.8% in 2025, driven by easing inflation and more stable macroeconomic conditions. This upgrade follows recent monetary policy adjustments, including the Central Bank of Nigeria’s decision last month to lower its benchmark interest rate…
The Nigerian Senate resumed plenary on Tuesday, October 7, 2025, following a 10-week recess, with Deputy Senate President Barau Jibrin presiding over the session in the absence of Senate President Godswill Akpabio. Among the notable attendees was Senator Natasha Akpoti-Uduaghan, representing Kogi Central, who returned to the chamber after serving a six-month suspension. Her presence…
The Central Bank of Nigeria (CBN) has announced new limits for agent banking operations across the country, capping daily cash-in and cash-out transactions at N100,000 per customer, and N500,000 weekly. The move is part of efforts to boost financial inclusion, reduce cash handling risks, and strengthen oversight. According to a circular issued on October 6,…
The Dangote Group has kicked off construction of a massive 2.5 billion fertiliser plant in Gode, Ethiopia, in partnership with Ethiopian Investment Holdings. The plant will produce 3 million metric tonnes of urea annually, using natural gas from Ethiopia’s Hilal and Calub reserves. At the groundbreaking ceremony, Ethiopian Prime Minister Abiy Ahmed hailed the project…
The Federal Airports Authority of Nigeria (FAAN) has officially launched a cashless policy at the Nnamdi Azikiwe International Airport, Abuja, aimed at enhancing transparency, blocking revenue leakages, and improving passenger experience. The policy, which took effect on September 29, 2025, marks the beginning of a nationwide rollout to phase out cash transactions at all FAAN…
Vice President Kashim Shettima, alongside top government officials including Finance Minister Wale Edun and Budget & Planning Minister Atiku Bagudu, attended the 31st Nigerian Economic Summit on Monday in Abuja. The summit, themed “The Reform Imperative: Building a Prosperous and Inclusive Nigeria by 2030,” drew stakeholders from across sectors, including lawmakers, business leaders, and traditional…
