The Federal Government has directed all Ministries, Departments, and Agencies to desist from entering into contracts denominated in foreign currency, as part of new fiscal control measures outlined in the 2025 Appropriation Act Implementation Guideline.
Arewa Economic Forum Raises Red Flags Over CBN's New BDC Policy: National Security Implications
The Arewa Economic Forum (AEF), a leading northern Nigerian advocacy and think-tank, has raised serious concerns over the Central Bank of Nigeria’s (CBN) new Bureau De Change (BDC) recapitalisation policy, describing...
Nationwide Blackout as Electricity Grid Collapses Again
Again, many parts of Nigeria were left in darkness yesterday, as the national grid abruptly lost over 2,000 megawatts, resulting in about the second supply disturbance for the year 2025.
This occurred same day the federal government condemned Thursday’s...
President Bola Ahmed Tinubu has appointed Shamsedeen Babatunde Ogunjimi as the new Accountant General of the Federation (AGF) after a rigorous selection process.
The Federal Executive Council (FEC) has approved the procurement of a N2.5 billion satellite surveillance gadget to monitor and combat illegal mining activities across the country.
