The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has provided an update on the ongoing water shortage in Abuja and its surrounding satellite towns, attributing the issue to the ongoing rehabilitation of key water treatment plants. In an official statement released on Sunday by his Senior Special Assistant on Public Communications and Social…
Edo State Governor, Senator Monday Okpebholo, on Saturday, officially handed over brand-new 2025 SUV vehicles to the 18 local government chairmen across the state, as part of his administration’s effort to boost grassroots development and service delivery. The vehicle commissioning ceremony was held at the State Secretariat in Benin City and attended by the Governor’s…
As Nigeria marks May 29, 2025, the second anniversary of President Bola Ahmed Tinubu’s administration, Nigerians across the North are expressing divided opinions on the impact of his reforms, especially in the areas of economy, security, and inclusion. Under the Renewed Hope Agenda, Tinubu promised transformation. But two years on, reactions from the Northwest and…
Former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, has filed an appeal challenging a court ruling that approved the final forfeiture of a massive 753-unit housing estate located in Lokogoma, Abuja, to the Nigerian government. The Economic and Financial Crimes Commission (EFCC) had obtained the order after linking the estate to alleged proceeds of…
The Nigerian Senate has officially adopted the harmonised conference committee report on four key tax reform bills, marking a major step in the Federal Government’s push to modernize and streamline the country’s tax system. The resolution was adopted during Wednesday’s plenary following the consideration and approval of the conference committee recommendations jointly prepared by the…
President Bola Tinubu has officially requested the National Assembly (NASS) to approve a new external loan of $21.5 billion and a ₦757.9 billion bond issuance aimed at clearing outstanding pension arrears. In three separate letters read on the floor of the House of Representatives by Speaker Tajudeen Abbas, Tinubu outlined critical funding initiatives to stabilize…
Nigeria’s solid minerals sector witnessed a major turnaround in 2024, attracting over $800 million in foreign and local investments, according to the Minister of Solid Minerals Development, Dr. Dele Alake. The minister attributed the investment surge to bold mining reforms introduced by the Tinubu administration, which emphasize in-country value addition, strict licensing rules, and a…
The Port Harcourt Refining Company (PHRC) is set to undergo a 30-day maintenance shutdown, sparking outrage among fuel marketers and host community stakeholders, Naija Blog Daily has learned. According to multiple reports, the refinery, which was recently revamped and resumed operations at 70% capacity, is facing internal strife as fuel retailers allege a sabotage plot…
Despite ongoing inflation challenges, Dr. Jumoke Oduwole, Nigeria’s Minister of Industry, Trade, and Investment, has reaffirmed that the Tinubu administration is strategically diversifying the economy away from oil dependency by unlocking the potential of non-oil sectors. Oduwole made this statement during the third day of the 16th National Council on Industry, Trade and Investment in…
The Central Bank of Nigeria (CBN) has once again retained the Monetary Policy Rate (MPR) at 27.50%, marking the second consecutive hold in 2025 following multiple rate hikes in 2024. The decision was made at the 300th Monetary Policy Committee (MPC) meeting held in Abuja, and announced by the CBN Governor, Olayemi Cardoso, on Tuesday….
