Tag: NIGERIA
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President Bola Tinubu while addressing The Buhari Organisation (TBO) led by Senator Tanko Al-Makura at the State House, Abuja has announced that his administration met its 2025 revenue target through the non-oil sector by August, emphasizing that Nigeria no longer borrows from local banks. While he highlighted economic stabilization, with the exchange rate improving from N1900 to…
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President Bola has reaffirmed Nigeria’s commitment to enhancing international partnerships, particularly with Colombia, during a meeting with Colombian Vice President Francia Márquez in Abuja. Tinubu emphasized aligning Nigeria’s foreign relations with global trends in trade, politics, and culture, noting that global economic volatility necessitates new partnerships. He promised to replicate agreements signed with Brazil on…
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Federal Ministry of Marine and Blue Economy announced that Nigeria has received a letter of support from Switzerland for its bid for the Category ‘C’ seat on the International Maritime Organisation for the 2026/2027 elections. So far, Minister Adegboyega Oyetola has welcomed the endorsement, highlighting Nigeria’s maritime potential and ongoing efforts to develop the sector…
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Federal Government, via the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced plans to increase crude oil production to 2.5 million barrels per day by 2026 through strategies like unlocking deepwater potential, reviving dormant fields, and expediting project approvals. NUPRC Chief Executive Gbenga Komolafe, speaking at the 2025 Petroleum and Natural Gas Senior Staff…
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Justice Ekerete Akpan of the Federal High Court in Abuja has convicted 21 foreign nationals of high-level cybercrime, imposing a fine of one million Naira on each. The convicts, from countries such as China, Indonesia, Brazil, the Philippines, Vietnam, and Thailand, reached a plea bargain with the Nigeria Police and were ordered to pay the…
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Nigeria and Benin have agreed to a Framework for Enhanced Economic Cooperation to boost bilateral trade and regional integration. The agreement, signed during the West Africa Economic Summit 2025 in Abuja, was witnessed by their presidents and focuses on trade in goods and services, customs procedures, and legal issues. Nigerian and Beninese officials emphasized that…
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President of the Dangote Group, Aliko Dangote has criticized Nigeria’s low power generation of 4,500–5,000 MW, arguing that the country should aim for 50,000–60,000 MW. Speaking during a tour of the Dangote Refinery in Lagos, he noted that his conglomerate alone generates over 1,500 MW for internal use, demonstrating the potential for large-scale power…
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Canada made a historic basketball display at the 2025 FIBA U-19 Women’s World Cup in Brno, Czech Republic, defeating Nigeria 113–42 and setting a new record for the most three-pointers made in a single game at 20 in total. This achievement surpassed the previous record of 19 and marked the first time in FIBA…
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The U.S. Mission in Nigeria has clarified that the recent reduction in visa validity for most Nigerian nonimmigrant travelers results from a global security and technical review, not political reasons. The decision is unrelated to Nigeria’s BRICS affiliations, third-country deportee policies, or e-visa changes. The U.S. has emphasized its commitment to working with Nigeria to…
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Nigeria’s Foreign Affairs Minister Yusuf Tuggar has stated that Nigeria will not accept Venezuelan deportees from the U.S, citing the country’s existing challenges and large population of 230 million. This follows pressure from the Trump administration amid a crackdown on undocumented migrants. Tuggar also addressed US President Donald Trump’s threat to impose a 10% trade…
