Nigeria’s economy received a modest boost on Monday as the naira remained relatively stable in the official foreign exchange market while major fuel suppliers announced fresh reductions in petrol depot prices following Federal Government intervention. The naira continued to trade within a stable range at the Nigerian Foreign Exchange Market (NFEM), reflecting sustained liquidity and…
The Federal Government has strongly denied allegations that it spent more than ₦8 trillion outside the approved 2026 budget, dismissing the claims as a misrepresentation of the International Monetary Fund (IMF)’s recent fiscal assessment and insisting that Nigeria does not operate a “shadow budget.” The controversy erupted after opposition figures, including former presidential candidate Peter…
Team Nigeria has officially begun its journey to the 2026 Commonwealth Games in Glasgow, Scotland, with President Bola Tinubu urging the country’s athletes to compete with integrity while the National Sports Commission (NSC) unveiled global sportswear brand PUMA as the team’s new official kit partner. Speaking during the presidential send-off ceremony at the State House…
Nigeria has secured a $1.25 billion financing package from the World Bank aimed at accelerating economic reforms, creating jobs and unlocking private sector-led growth under a new long-term partnership framework. The funding forms part of the World Bank’s new Country Partnership Framework (CPF) for 2026–2032, which is designed to support Nigeria’s efforts to stimulate investment,…
The Federal Government has clarified that no final decision has been taken to replace the National Youth Service Corps (NYSC) iconic khaki uniform with locally made Adire fabric, following widespread public speculation. The debate began after the Minister of Youth Development, Ayodele Olawande, spoke about ongoing reforms to the NYSC during a television interview, where…
The Federal Government has announced plans to phase out the long-standing separation between Junior Secondary Schools (JSS) and Senior Secondary Schools (SSS), describing the current structure as a major contributor to Nigeria’s worsening school dropout crisis. The proposed reform is aimed at creating a more seamless transition through secondary education and improving access for millions…
By Oluwatimilehin Fajemisin The Federal Government has approved the establishment of a Presidential Task Force on Ebola Virus Disease preparedness and emerging public health threats, alongside the release of ₦10 billion to strengthen Nigeria’s national response capacity amid renewed concerns over outbreaks in parts of Africa. According to a statement from the Presidency on Tuesday,…
