Nigeria approves $2.6 billion electricity sector debt refinancing plan
Nigeria has approved a phased plan to refinance 4 trillion naira ($2.61 billion) in electricity sector debt to help stabilise ...
Tag: Bola Tinubu
Nigeria enacts sweeping reforms to insurance sector
Nigeria's President Bola Tinubu signed into law sweeping reforms to the insurance sector under the Insurance Industry Reform Act (NIIRA) ...
Nigeria’s Senate approves President Tinubu’s $21 billion external borrowing plan
Nigeria's Senate has approved President Bola Tinubu's plan for more than $21 billion in foreign borrowing to plug shortfalls in ...
Nigeria’s inflation falls for third month in June
Nigeria's headline inflation rate fell for the third straight month in June, to 22.22% year-on-year from 22.97% in May, data from ...
Nigerian banks resume naira debit card use abroad after three-year pause
Nigerian banks have resumed the use of naira debit cards for international transactions and online payments, more than three years ...
Nigerian President says ECOWAS Standby Force should be operationalise now
Nigeria’s President Bola Tinubu, the outgoing Chairman of the ECOWAS Heads of State and Government, has expressed worry over the ...
Nigerian President Tinubu’s pardon of ‘Ogoni Nine’ draws ethnic group’s rejection
Nigeria's Ogoni activists on Friday rejected a posthumous pardon for nine members executed three decades ago by a military dictatorship, ...
Nigeria’s orientation agency says petrol subsidy removal yields $84bn gain, 40 roads
The Nigerian Government says that the removal of the petrol subsidy by President Bola Tinubu ended a historic financial drain ...
Nigeria’s Tinubu touts economic gains at mid-term but inflation and insecurity persist
Nigerian President Bola Tinubu on Wednesday marked his second anniversary in office by declaring that his economic reforms were working, ...
Nigeria’s leader seeks $21.5 billion foreign borrowing to boost growth
Nigerian President Bola Tinubu asked parliament to approve more than $21.5 billion in foreign borrowing for its 2025-26 borrowing plan ...
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