Gov Chukwuma Soludo of Anambra says that President Bola Tinubu’s reforms are a necessary medicine for an economy that has long been distorted and papered over. Soludo made the assertion during his March Past remarks to mark Nigeria’s 65th Independence Day anniversary as a sovereign state on Wednesday in Awka. He said: ‘I commend President…
The Central Bank of Nigeria (CBN) says it is pursuing economic reforms aimed at refocusing financial system stability and stimulating productivity. The CBN Governor, Olayemi Cardoso, who disclosed this on Tuesday at its fair, holding in Kano, said it’s working hard to deepening financial inclusion and sustaining monetary and price stability. The theme of the…
Vice-President Kashim Shettima has defended Nigeria’s current wave of economic reforms, describing them as “painful but inevitable” steps toward long-term recovery. Delivering the keynote address at the Nigerian Economic Society’s 66th Annual Conference in Abuja, Shettima said Africa must shift from “outdated explanations” of economic growth to a knowledge-based model that drives productivity. “President Tinubu…
President Bola Tinubu has called on Nigeria’s bankers and investors to align with his administration’s reform agenda, warning that innovation, accountability and inclusion are critical to the nation’s economic recovery. Addressing the 18th CIBN Annual Banking and Finance Conference in Abuja through Finance Minister Wale Edun, Tinubu highlighted achievements from recent reforms, including improved debt-to-GDP…
President Bola Tinubu has defended his government’s sweeping economic reforms, insisting they have stabilised Nigeria’s fragile economy and restored confidence among investors and international partners. “The bleeding has stopped. The haemorrhage is gone. The patient is alive,” Tinubu said on Tuesday during a meeting with Oba Ghandi Olaoye, the Soun of Ogbomosoland, at the presidential…
Nigeria’s government has reiterated its commitment to transforming the health sector through reforms designed to cut mortality, ease financial strain on households, and expand access to quality services. Health Minister Professor Muhammad Pate delivered the message on Friday in Kano, where he handed over medical equipment and supplies to Gidauniyar Alheri Community Health Centre. Represented…
The minister of finance and coordinating minister of the economy, Wale Edun, says the Nigerian economy is experiencing consistent growth within the context of global developments and ongoing domestic reform programmes. Mr Edun said this at a news conference to provide an update on the economy in Abuja on Thursday. He said that Nigeria’s…
Diaspora leaders of the All Progressives Congress (APC) have called for reforms to elevate the Chairmen Diaspora Committee (CDC) into a permanent advisory organ within the party’s National Working Committee (NWC). The call was made in a congratulatory statement issued on Tuesday by former CDC chieftains, Dr. Phillip Idaewor (former Chairman of APC UK) and…
Nigeria’s upstream oil sector has recorded a major rebound, with the number of active oil rigs rising from eight in 2021 to 46 as of July 2025, according to new figures from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). Mr Gbenga Komolafe, NUPRC’s Chief Executive, revealed the data on Wednesday at the opening of a…
The Federal Government says it has issued over 3.5 million passports in under two years and saved more than ₦1 billion annually through system reforms. Minister of Interior, Dr Olubunmi Tunji-Ojo, made this known on Tuesday in Abuja at the inauguration of the ministry’s new passport front office. Tunji-Ojo explained that the reforms align with…
