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The economy is turning around. It has bent a corner — Pres. Tinubu assures Nigerians
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Presidency Counters AfDB President, Adesina, Says Nigeria’s Economy Has Grown 50 Times Since Independence The Presidency has pushed back against recent comments by AfDB President Akinwumi Adesina, who claimed Nigerians are worse off today than they were at independence in 1960. In a formal statement, presidential spokesman Bayo...
The Economy Can No Longer Sustain electricity Subsidies — Adelabu Says, Urging Nigerians to prepare for Cost-Reflective Electricity Tariffs Minister of Power, Adebayo Adelabu, has called on Nigerians to accept cost-reflective electricity tariffs, stating that the economy can no longer sustain blanket subsidies. Speaking during a meeting with...
Nigeria Faces Budget Crisis as Crude Oil Prices Collapse Nigeria is facing serious economic headwinds as Brent crude prices fall below $60 per barrel, far below the $75 benchmark used for the 2025 federal budget. With daily oil production also underperforming—averaging just 1.7 million barrels per day versus the...
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A UK court has sentenced United Nations judge Lydia Mugambe to six years and four months in prison after finding her guilty of ensl@ving a young woman. The 50-year-old Ugandan judge, who also serves on Uganda’s High Court, was convicted under the UK’s Modern Sl@very Act. The court heard...
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