Nigeria’s External Reserves Drop by $731 Million in Early April
Nigeria’s foreign exchange reserves came under renewed pressure in April 2026, declining by approximately $731 million within the first three ...
Tag: Tinubu
Airlines: “We Are Bleeding”, FG Offers Debt Relief as Airlines Battle 300% Jet Fuel Price Surge
The Federal Government has stepped in to prevent a looming shutdown of domestic flight operations, offering debt relief to airline ...
FG Introduces Green Tax on High-Engine Vehicles from July 1 to Promote Cleaner Transport
The Federal Government has rolled out a new environmental levy targeting vehicles with large engine capacities as part of the ...
FG Deductions Swallow 41% of N84 Trillion Revenue Starving States and LGs – World Bank
Nigeria’s federation revenues have surged to N84 trillion over the past three years, but a staggering 41% of this amount ...
Tinubu’s Debt Dilemma: Nigeria’s Public Debt Hits N159.28 Trillion Amid Fresh Borrowing Surge
Nigeria’s total public debt stock climbed to N159.28 trillion as of December 31, 2025, marking a significant increase driven largely ...
Tinubu Issues Executive Order to Redirect All Oil Revenues to Federation Account, Ending NNPCL Deductions
President Bola Tinubu has signed an executive order that fundamentally reshapes the management of Nigeria's oil and gas revenues, directing ...
Tinubu Greenlights N4 Trillion Bond to Settle Power Sector Debts, Boosting Market Stability
In a major step to revive Nigeria's beleaguered power industry, President Bola Tinubu has authorized a N4 trillion bond aimed ...
President Tinubu to Enact Four Tax Reform Bills on June 26, 2025, to Overhaul Nigeria’s Fiscal System
President Bola Tinubu is set to sign four transformative tax reform bills into law at the Presidential Villa in Abuja, ...
ECOWAS Leadership Transition: Tinubu Passes Baton to Bio, Urges Swift Action on Regional Security
On Sunday, Nigerian President Bola Tinubu concluded his tenure as Chairperson of the Economic Community of West African States (ECOWAS) ...
Tinubu Seeks $21.5 Billion Loan, Clarifies Borrowing Strategy for 2025-2026
On May 28, 2025, the Federal Government of Nigeria addressed concerns over President Bola Tinubu’s proposed $21.5 billion external borrowing ...
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