CBN Drafts Rules to Ring-Fence Bank Affiliates
The Central Bank of Nigeria (CBN) has issued draft guidelines to restrict how banks fund or support their affiliated companies, aiming to prevent financial distress from spreading across corporate groups.
The proposal, contained in...
‎Democracy Must Be Felt in the Pocket, Tinubu Declares as Non-Oil Exports Rise 21%
‎President Bola Ahmed Tinubu on Friday defended his administration's economic reforms, declaring that democracy must translate into tangible improvements in the lives of citizens as Nigeria...
Tinubu Unveils N4tn Power Sector Rescue Plan, Targets Improved Electricity Supply
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‎President Bola Ahmed Tinubu has unveiled a fresh N4 trillion intervention plan aimed at revitalising Nigeria’s struggling electricity sector, describing reliable power supply as a critical component of his...
Rising Domestic Refining Capacity Strengthening Nigeria's Energy Security - Tinubu
President Bola Ahmed Tinubu says Nigeria's growing domestic refining capacity is enhancing the country's energy security and reducing dependence on imported petroleum products.
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‎Speaking during his Democracy Day address on Friday,...
FG to Deploy 10,000 Tractors in Fresh Push for Food Security
‎The Federal Government will deploy 10,000 tractors over the next five years as part of efforts to modernise agriculture, boost food production and strengthen food security across the country,...
FG Commits Record N5.41tn to Security as Tinubu Intensifies War Against Terror
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‎President Bola Ahmed Tinubu has disclosed that the Federal Government has earmarked a record N5.41 trillion for defence and security in the 2026 budget, underscoring his administration's determination...