Power: Minister Calls for Stricter Anti-vandalism Laws The Minister of Power, Chief Adebayo Adelabu, has called on the National Assembly to enact stricter legislation to safeguard the country’s power infrastructure from vandalism. Adelabu made the call during a two-day retreat organised by the Senate Committee on...

Nigeria’s Gross External Reserves Hit $38.90bn in 2025 - CBN The Central Bank of Nigeria sys Nigeria’s gross external reserves increased by 2.85 per cent to $38.90bn as of May 16, 2025, compared to $37.82bn at the end of March, representing 7.6 months of import...

CBN Retains Interest Rates at 27.5% to Cushion Food Inflation, Insecurity  The Central Bank of Nigeria has announced its decision to maintain Monetary Policy Rates (MPR), which benchmarks interest rates at 27.5 per cent. The decision of the Monetary Policy Committee of the bank was made...

Investors Lead NGX Trading with N20bn Gain Nestle Nigeria Plc, Tripple Gee and Company Plc, and Regency Alliance Insurance Plc experienced stock appreciation as the Nigerian stock market rebounded on Tuesday with a gain of N20bn in market capitalisation. At the close of trading on the...

Nigeria's Debt Crisis and the Moral Failure it Reveals By Umar Farouk Bala The recent announcement that Nigeria has repaid a $3.4 billion loan to the International Monetary Fund (IMF) and a N100 billion Sovereign Sukuk bond has been hailed by the government as a milestone...

AIMAN Urges FG to Halt 50% Revenue Deductions  The President of the Aeronautical Information Management Association of Nigeria, Dr Ibrahim Audu, has appealed to the Federal Government to halt the 50 per cent revenue deductions from aviation agencies. Making this observation in commemoration of the 2025...