- Economy
FG moves to expands export air corridor to East, Southern Africa to ease logistics burden
The federal government has expanded Nigeria’s air cargo export corridor across East and Southern Africa in a move aimed at reducing freight costs and boosting intra-African trade. The Minister of Industry, Trade and Investment, Jumoke Oduwole, announced the development on Tuesday in a video shared on X, saying the initiative was designed to address long-standing logistical barriers facing Nigerian exporters.…
Read More » - Economy
FG, World Bank cancel $717.7m undisbursed power sector recovery funds
The federal government and the World Bank have agreed to cancel about $717.7 million in undisbursed financing under the Power Sector Recovery Operation (PSRO), following implementation challenges and worsening tariff shortfalls in Nigeria’s electricity sector. The decision was contained in a restructuring paper obtained by TheCable on Tuesday, which stated that the move followed a formal request by the federal…
Read More » - Business
12 of world’s 20 fastest-growing economies are in Africa, says AfDB president
The President of the African Development Bank Group, Sidi Ould Tah, has said that 12 of the world’s 20 fastest-growing economies are currently in Africa, underscoring what he described as the continent’s growing economic resilience. Tah made the remark on Tuesday while inaugurating the 2026 African Economic Outlook at the ongoing African Development Bank (AfDB) Annual Meetings in Brazzaville. He…
Read More » - Politics
Hayatu-Deen boycotts ADC primary result announcement over alleged irregularities
Presidential aspirant of the African Democratic Congress (ADC), Mohammed Hayatu-Deen, has announced that he will not attend the party’s presidential primary results announcement, citing alleged widespread irregularities and vote rigging during the exercise. The ADC conducted a nationwide direct primary on Monday to select its candidate for the 2027 presidential election, with former Vice President Atiku Abubakar, former Minister of…
Read More » - National News
Jonathan meets Sierra Leone’s President Bio as Tinubu’s special envoy
Former President, Goodluck Jonathan, has held talks with the President of Sierra Leone, Julius Maada Bio during a courtesy visit to the State House in Freetown, with discussions focused on peace, stability, democratic governance, and regional cooperation in West Africa. Jonathan said the visit was conducted in his capacity as Special Envoy of the President of the Federal Republic of…
Read More » - Politics
PHOTO NEWS: Tinubu meets governors, Pius Anyim in Lagos during courtesy visits
President Bola Tinubu on Tuesday received a series of high-profile political visitors at his residence in Lagos during separate courtesy visits. Among those who met with the President were Governor Dapo Abiodun of Ogun State, Governor Lucky Aiyedatiwa of Ondo State, Governor Bassey Otu of Cross River State, as well as former Senate President Anyim Pius Anyim. The meetings, which…
Read More » - Politics
Tinubu’s direct primary policy strengthening APC, says Gov. Abiodun
Governor Dapo Abiodun of Ogun state says President Bola Tinubu’s insistence on direct primary elections has strengthened the All Progressives Congress (APC) and deepened internal democracy within the party. Abiodun made the remark while reacting to the outcome of the APC primary election for the Ogun East Senatorial District, where he emerged as the party’s candidate. According to him, the…
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Pantami defects to PDP, emerges Gombe governorship candidate for 2027
Former Minister of Communications and Digital Economy, Isa Pantami, has emerged as the governorship candidate of the Peoples Democratic Party (PDP) for the 2027 election in Gombe State after officially joining the opposition party. Pantami secured the PDP ticket through a voice affirmation process conducted during the party’s governorship primary held on Tuesday in Gombe. Announcing the outcome of the…
Read More » - National News
Tinubu urges national prayers, unity in 2026 Eid al-Adha message
President Bola Tinubu has called on Nigerians, particularly the Muslim faithful, to use the occasion of Eid-el-Kabir to pray for peace, national stability, and wise leadership across the country. In his 2026 Eid al-Adha message on Tuesday to Muslims in Nigeria and around the world, the President extended warm felicitations to the faithful as they mark the festival, describing it…
Read More » - Economy
Nigeria still creditworthy compared to Egypt, South Africa, Senegal — Presidency
The Presidency has defended Nigeria’s borrowing profile, insisting that the country remains creditworthy and is not over-borrowed when compared with several other African economies. Special Adviser to the President on Information and Strategy, Bayo Onanuga, stated this in a post on X on Tuesday, where he argued that Nigeria still has capacity to access loans for infrastructure development. “Nigeria has…
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