Richard Adeolu Adejumobi

President of India Arrives in Israel on State Visit

Tel Aviv — The President of India, Narendra Modi has arrived in Israel for a formal state visit, aimed at strengthening diplomatic, economic, and strategic ties between the two nations. Upon arrival at Ben Gurion Airport, the President was warmly received by Prime Minister Benjamin Netanyahu and Mrs. Netanyahu. The Indian President described the reception […]

President of India Arrives in Israel on State Visit Read More »

Monetary Policy Committee of CBN Cuts Interest Rate to 26.5%, as Monetary Policy Easing Begins

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has reduced the Monetary Policy Rate (MPR) by 50 basis points, bringing it from 27 per cent to 26.5 per cent following its 304th meeting. The decision signals the beginning of a cautious monetary easing cycle aimed at supporting economic growth while maintaining

Monetary Policy Committee of CBN Cuts Interest Rate to 26.5%, as Monetary Policy Easing Begins Read More »

Tinubu Accepts Egbetokun’s Resignation, Disu Steps In as Acting IGP

Abuja — What began as speculation earlier in the day has now been formally confirmed. President Bola Ahmed Tinubu has accepted the resignation of Kayode Egbetokun as Inspector-General of Police. Earlier reports circulating online had suggested that Egbetokun had been removed, but there was no immediate confirmation from the Presidency or the Nigeria Police Force

Tinubu Accepts Egbetokun’s Resignation, Disu Steps In as Acting IGP Read More »

PENGASSAN Rejects Tinubu’s Oil Revenue Executive Order, Warns of Investor Fallout

Abuja, February 20, 2026 — The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has rejected President Bola Tinubu’s recent Executive Order on oil and gas revenue remittance, describing it as a “dangerous precedent” that could undermine the Petroleum Industry Act (PIA) and weaken investor confidence in Nigeria’s energy sector. Speaking at a

PENGASSAN Rejects Tinubu’s Oil Revenue Executive Order, Warns of Investor Fallout Read More »

Free High-Speed Wi-Fi Goes Live at Lagos, Abuja Airports

Travellers using Nigeria’s two busiest international airports can now enjoy free high-speed internet, following the launch of complimentary Wi-Fi services at Lagos and Abuja terminals. The initiative was unveiled by the Federal Airports Authority of Nigeria (FAAN) in collaboration with MTN Nigeria at the Murtala Muhammed International Airport and the Nnamdi Azikiwe International Airport. For

Free High-Speed Wi-Fi Goes Live at Lagos, Abuja Airports Read More »

Abuja Hosts 2026 G-24 Technical Session on Development Finance and Debt Sustainability

Abuja is hosting delegates for the 2026 Technical Session of the Intergovernmental Group of Twenty-Four (G-24), bringing together senior policymakers, central bank officials, and development finance experts to deliberate on development finance, debt sustainability, and growth strategies for emerging market and developing economies. The G-24 — formally known as the Intergovernmental Group of Twenty-Four —

Abuja Hosts 2026 G-24 Technical Session on Development Finance and Debt Sustainability Read More »

OP-ED: How Nigeria Turned a U.S. Clash into Security Cooperation — and What It Means for Sovereignty and Stability

In late 2025, an unexpected flashpoint emerged between Nigeria and the United States that at first seemed destined to spiral into diplomatic rupture. The U.S. President Donald Trump triggered alarm in Abuja and across Nigeria by publicly alleging a Christian massacre in the country and warning of possible military action unless the Nigerian government “stopped

OP-ED: How Nigeria Turned a U.S. Clash into Security Cooperation — and What It Means for Sovereignty and Stability Read More »

Nigeria’s External Reserves Hit $48.5bn, Highest in 13 Years as Naira Stabilises

Abuja, February 20, 2026 — Nigeria’s external reserves have climbed to $48.5 billion as of mid-February 2026, according to data from the Central Bank of Nigeria (CBN), marking the highest level since May 2013. The figure represents a significant rise from $45.5 billion recorded at the end of 2025, reflecting improved foreign exchange inflows driven

Nigeria’s External Reserves Hit $48.5bn, Highest in 13 Years as Naira Stabilises Read More »

Dangote Group Secures $750 Million Agreements to Expand Refinery and Petrochemicals

Dangote Group has signed two major international agreements worth a combined $750 million with XCMG of China ($400 million) and EIL of India ($350 million) to scale up its refinery and petrochemical operations. The deals are part of Dangote’s strategy to increase refinery capacity from 650,000 barrels per day to 1.4 million barrels per day,

Dangote Group Secures $750 Million Agreements to Expand Refinery and Petrochemicals Read More »

Scroll to Top