President Bola Ahmed Tinubu says his administration has made “undeniable progress” in stabilising the economy, improving national security, and laying a solid foundation for long-term growth, as he marks the second anniversary of his presidency. In a national address released through the State House on Wednesday, 29 May 2025, President Tinubu praised the resilience of Nigerians and defended his administration’s tough economic decisions, including the removal of fuel subsidies and the unification of the foreign...

…Presidency Clarifies Tinubu’s Medium-Term Borrowing Plan Nigeria’s total debt may soon climb above ₦180 trillion, following President Bola Tinubu’s request to the National Assembly for approval of a borrowing plan covering both foreign and domestic loans worth ₦34.15 trillion. In separate letters sent to the Senate and House of Representatives, the President asked lawmakers to endorse a borrowing arrangement that includes over $21.5 billion in external loans and a domestic bond of ₦757.9 billion to...

Former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, has filed an appeal seeking to overturn a court ruling that granted the federal government ownership of a vast estate comprising 753 housing units in Abuja. The estate, located at Plot 109, Cadastral Zone C09, Lokogoma District, spans approximately 150,500 square metres. The Economic and Financial Crimes Commission (EFCC) had previously secured interim and final forfeiture orders for the property on 1 November and 2 December...