Obi’ll bring dollar down to ₦500, Utomi boasts
Pat Utomi, a political economist and chieftain of the Nigeria Democratic Congress (NDC), says the party’s presidential candidate, Peter Obi, will strengthen the naira to N500 against the dollar if…
Tinubu says global confidence in Nigeria rising as S&P upgrades rating, Fitch, Moody’s improve outlooks
President Bola Tinubu has said Nigeria is experiencing renewed confidence in international financial markets, citing improved sovereign credit assessments, its return to global investment indices and the removal of the…
Tinubu: Nigeria must borrow to build, bot finance consumption, says $1trn economy requires long-term onvestment
President Bola Tinubu has defended his administration's borrowing strategy, insisting that loans secured by the Federal Government are increasingly being directed towards productive infrastructure investments rather than recurrent expenditure or…
Tinubu fires back at loan critics: ‘We can’t build $1trn economy with small infrastructure’
President Bola Tinubu has defended his administration’s borrowing plans, arguing that loans secured from international institutions and banks should be judged by the infrastructure they deliver, the economic value they…
FG to build $100m South-East gas pipeline in 2027
The Federal Government is set to commence construction of a $100 million gas pipeline across the South-East in the first quarter of 2027, with gas delivery expected to begin in…
iPhone Duo screens crack after fewer than 20 folds, raising durability concerns
Apple’s first foldable smartphone, the iPhone Duo, is facing early durability concerns after users reported cracked inner displays around the hinge shortly after the device’s launch. Images circulating on Reddit,…
Oyedele: Nigerian businesses need more than loans to grow
The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has said Nigerian businesses need patient capital, experienced investors and institutional support to overcome growth barriers and compete…
Oyedele: States control 85% of Nigeria’s resources, FG gets 15%
Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has said state and local governments account for about 85 per cent of Nigeria’s resources, leaving the Federal Government…
AI security flaws force websites offline globally
Governments and businesses worldwide have taken websites and online services offline as they scramble to fix critical security vulnerabilities discovered in PHP, a programming language that powers about 70 per…
Dangote unveils $50bn Africa investment plan
Aliko Dangote, President and Chief Executive of Dangote Industries Limited, has announced plans to invest $50 billion across Africa between 2026 and 2030, with a focus on industrialisation and addressing…
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