10 Sep, 2025
3 mins read

Trump urges EU to impose 100% tariffs on China, India to pressure Russia

United States President Donald Trump has called on the European Union to impose 100% tariffs on China and India, aiming to pressure Russia into ending its war in Ukraine. According to reports from US and British media outlets, Trump made this request during a meeting with US and EU officials in Washington, DC. The proposal, […]

3 mins read

NARD NEC meets today over strike threat, demands

Resident doctors hold NEC meeting to decide on strike over unpaid allowances, salary arrears, and welfare issues as experts warn of impact on healthcare. The Nigerian Association of Resident Doctors (NARD) is preparing for a decisive National Executive Council (NEC) meeting today, Wednesday, to chart its next steps in the standoff with the Federal Government. […]

4 mins read

Cardoso unveils top banks to power $1bn diaspora reserves goal

The Central Bank of Nigeria (CBN) has intensified efforts to boost foreign reserves through diaspora inflows, as Governor Olayemi Cardoso revealed a list of Nigerian banks selected to drive a $1 billion diaspora reserves target by 2026. Speaking at the 18th Annual Banking and Finance Conference of the Chartered Institute of Bankers of Nigeria (CIBN) […]

4 mins read

Nigeria unveils bold $60bn gas expansion to conquer global markets

Nigeria is positioning itself as a dominant player in the global energy transition with an ambitious $60 billion gas expansion plan to be executed over the next five to seven years. The move, spearheaded by the Nigerian National Petroleum Company Limited (NNPCL), is aimed at scaling up natural gas production, boosting industrialisation, and attracting fresh […]

4 mins read

Nigeria’s cheap crude oil sparks fresh budget worries

Nigeria’s fragile fiscal outlook is facing new pressures as the country’s crude oil grades slumped below $68 per barrel this week, sparking renewed fears over the government’s ability to finance its 2025 budget. With global oil market volatility and domestic production shortfalls persisting, analysts warn that the development could trigger wider fiscal gaps, threaten revenue […]

4 mins read

Rising T-Bill yields spark big opportunities for investors

The Nigerian fixed-income market is witnessing a significant shift as Treasury bill (T-bill) yields continue to rise, presenting both opportunities and challenges for investors. Analysts note that the upward movement in yields reflects the Central Bank of Nigeria’s (CBN) tightening stance, the government’s need for short-term financing, and broader macroeconomic dynamics. Treasury bills, government-backed short-term […]

5 mins read

Reps give Transport Minister 48 hours to explain Kaduna train derailment

The House of Representatives has summoned Transport Minister Sa’idu Alkali to appear within 48 hours over the Kaduna-bound train derailment involving 618 passengers. The House of Representatives Committee on Land Transport has directed the Minister of Transportation, Sa’idu Ahmed Alkali, to appear before it within 48 hours following his refusal to attend an investigative hearing […]

3 mins read

Federal Judge rules in favour of Federal Reserve Governor, Lisa Cook

A federal judge has ruled that Federal Reserve board member Lisa Cook can stay in her post while suing Donald Trump over his unprecedented bid to fire her. Cook is legally challenging the US president after he sought to remove her, citing unconfirmed allegations of mortgage fraud. The administration has argued that Trump is able […]