Nigeria Breaking News

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2025 Budget Revised: N54.9 Trillion Approved with Key Adjustments

2025 Budget Revised: N54.9 Trillion Approved with Key Adjustments

The National Assembly has recalibrated the 2025 budget, making key adjustments to expenditure allocations while maintaining the overall budget size at N54.9 trillion. This decision, announced on Tuesday, follows a motion presented by Senator Adeola Olamilekan and Hon. Abubakar Kabir, chairpersons of the respective appropriations committees, citing the need for accuracy and alignment with national …

Buhari: Economy, security improved significantly during my administration

Buhari: Economy, security improved significantly during my administration

Former President Muhammadu Buhari says Nigeria’s economy and security improved significantly during his tenure. Buhari, who led Nigeria from 2015 to 2023 under the All Progressives Congress (APC), stated this on Wednesday while receiving members of the Katsina State Correspondents’ Chapel of the Nigerian Union of Journalists (NUJ) at his country home in Daura. Buhari …

We’ll support expansion of banks to drive economic growth – Tinubu

Breaking: Tinubu sacks UNIAbuja, UNN VCs, appoints new leaders

President Bola Ahmed Tinubu has announced major leadership changes at several federal universities, including the University of Abuja, which is now renamed Yakubu Gowon University. These changes are effective immediately. At the newly renamed Yakubu Gowon University, President Tinubu dissolved the entire governing council and relieved Professor Aisha Sani Maikudi of her duties as Vice-Chancellor. …

Meet Nigeria’s Yemi Mobolade, first elected black mayor in US municipality

Meet Nigeria’s Yemi Mobolade, first elected black mayor in US municipality

Blessing Yemi Mobolade was inaugurated as the 42nd Mayor of Colorado Springs on June 6, 2023, marking the beginning of his first four-year term. His election comes historic, as he is the city’s first Black and immigrant mayor, as well as one of its youngest. Read also: Meet Sikiru Adepoju, Nigerian drummer with two Grammy …

Why we’re revolutionising male fashion, style ─ Kulams Couture boss

Why we’re revolutionising male fashion, style ─ Kulams Couture boss

Fashion entrepreneur and founder of Kulams Couture, Deborah Iwuchukwu, has explained why she is revolutionising male luxury fashion and the way men look in them. The Kulams Couture’s boss, who is also a United Kingdom-based nurse, made this known on Monday while speaking on the new men’s collection, Velorian Edge Collection, her brand would be …

900 sacked KADECO staff: Labour threatens nationwide shutdown

900 sacked KADECO staff: Labour threatens nationwide shutdown

The ongoing industrial unrest in Kaduna Electricity Distribution Company, KADECO, over the sack of 900 employees, has entered the third day, crippling operations of the company with no signs of ending. This came as the National Electricity Employees, NUEE, issued a February 10, deadline to KADECO to recall all the sacked workers among others, threatening …

FEC approves $45.3m for critical transportation projects

FEC approves $45.3m for critical transportation projects

ABUJA — THE Federal Executive Council FEC, on Monday approved $45,303,000 for a detailed feasibility study and engineering design for a new transportation route alignment for the four Western seaports. This was disclosed by the Minister of Transportation, Sa’idu Alkali, while briefing journalists after the FEC meeting presided over by President Bola Tinubu at the …

How Obasanjo and Buhari embarrased Nigeria in Paris

How Obasanjo and Buhari embarrased Nigeria in Paris

“$6bn Mambilla power contract deal: Obasanjo, Bubari testify in Paris court”. Weekend Trust, January 25, 2025. “In every community there is a class of people profoundly dangerous to the rest. I don’t mean the criminals. For those we have punitive sanctions. I mean the leaders. Invariably, the most dangerous people seek power.” Saul Bellow, 1915-2005. …

Naira rises to N1493/$ in official market

Naira rises to N1493/$ in official market

The Naira yesterday appreciated to N1,493 per in the official foreign exchange market. Data published by the Central Bank of Nigeria, CBN, showed that the exchange rate for the Nigerian Foreign Exchange Market (NFEM) fell to N1,493 per dollar from N1,506 per dollar on Wednesday, indicating N13 appreciation for the naira. The official exchange rate …

Troops dismantle 13 illegal bunkering sites confiscate 300,000 litres of stolen products

Troops dismantle 13 illegal bunkering sites confiscate 300,000 litres of stolen products

As part of its ongoing crackdown on oil theft, troops of the Nigerian Army (NA) have dismantled 13 illegal bunkering sites and confiscated over 300,000 litres of stolen crude products across the Niger Delta. The anti-crude operations, conducted from January 20 to 26, 2025, in Edo, Delta, and Rivers States, resulted in the demobilization of …