Hafsat Ibrahim

Nigeria’s $3.5bn Gold Assets and the Turnaround of its Foreign Reserves, by ‎Zekeri Idakwo Laruba

‎The announcement by the Central Bank of Nigeria that it has received responsibly sourced gold refined to the Good Delivery standards of the London Bullion Market Association into Nigeria’s foreign reserves may appear like a routine financial update. In reality, it represents a strategic shift in how the country is positioning its financial safety net in a volatile global economy.

‎Tinubu Inaugurates Committee on Grid Asset Management Company to Boost Power Supply

‎President Bola Ahmed Tinubu has inaugurated an 11-member committee to oversee the establishment of the Grid Asset Management Company Limited (GAMCO), a new initiative aimed at addressing Nigeria’s persistent electricity transmission and grid management challenges.

‎Ending Poverty Requires Production, Not Handouts, by Obamodi Oluwadamilola Faith

‎In recent times, the conversation around poverty reduction in Nigeria has intensified. While the President has repeatedly urged state governors to take decisive steps to tackle poverty, the real test lies not in the rhetoric but in the visible transformation of citizens’ lives.

Saudi Arabia Opens Hajj Package Booking for Domestic Pilgrims

Saudi Arabia has officially opened the booking phase for domestic pilgrims seeking to perform Hajj this year, with authorities introducing strict payment deadlines and updated cancellation policies to streamline the process.

Tinubu Announces Resolution of OPL 245 Dispute, Clears Path for Major Deepwater Investment

President has announced the successful resolution of the long-standing dispute over Oil Prospecting Licence 245 (OPL 245), describing the development as a major milestone that will unlock significant deepwater investment in Nigeria’s oil and gas sector.

Nigeria’s Foreign Reserves Top $50bn for First Time Since 2013

Nigeria’s foreign reserves have surpassed $50bn for the first time in 13 years, a milestone the Federal Government says reflects the early gains of President Bola Tinubu’s economic reforms.
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