Nigerians will suffer before things turn around – Ex-investment banker
A retired investment banker, Victor Ogiemwonye, says Nigerians, especially the youths, would suffer for a little while before things turn around in the country. This is as he urged Nigerians remain patient as the country navigates ongoing economic…
Lagos Leather Dreams, Northern Governors’ Silence
By BUKAR Mohammed Lagos State does not rear cattle, goats, or sheep in any meaningful quantity. Yet, Governor Babajide Sanwo-Olu has just inaugurated an Industrial Leather Hub in Mushin and projected a staggering ₦387.5 billion in annual export earnings…
FG approves 2024–2027 debt strategy to tackle rising borrowing risks
The federal government has approved Nigeria’s Medium-Term Debt Management Strategy (MTDS) for 2024–2027, a fiscal blueprint designed to ensure debt sustainability, strengthen macroeconomic stability, and deepen the domestic securities market. The…
I Saw N4.8m In My Bank, I Knew It Wasn’t Mine So I Sent It Back For Peace Of Mind – Faiza Abdulkadir
A woman in Maiduguri, Borno State, has drawn public attention after returning ₦4.8 million that was mistakenly sent to her bank account. Faiza Abdulkadir, who works as a cleaner at a local hospital, said she noticed the unexpected deposit and decided to…
Removing Electricity Subsidy Will Worsen Poverty Among Nigerians, Labour Tells FG
“Tinubu should lessen burden on Nigerians, not aggravate it” – Opposition The organised labour has warned that the federal government’s plan to phase out electricity subsidies will worsen living conditions for millions of citizens and cripple…
Nigeria’s Vanishing Savings: $10bn Subsidy Removed, Yet Reserves Stuck at $41bn
When the Nigerian government scrapped the decades-old fuel subsidy in 2023, it promised relief for the nation’s bleeding finances. Nearly $10 billion was to be freed up annually, and by scrapping it, President Bola Tinubu’s administration projected that…
Govt’s 2025 revised revenue projections likely unachievable – IFS
The Institute of Fiscal Studies (IFS) says the government’s revised total revenue and grants target of GH¢229.95 billion by the end of the year is likely not to be achieved. The think tant said revising the target upward from GH¢227.08 billion to…
Nigerians Slam Tinubu’s New Reforms Despite Transparency Claims
President Bola Ahmed Tinubu has announced the implementation of new tax reforms, which will take effect from January 2026, emphasizing fairness and equity in Nigeria’s fiscal system. The announcement was made on his official X (formerly Twitter) account,…
Jaiz bank rebrands, gets new logo, colour, CEO shares target, reason
Jaiz Bank Plc has announced a rebrand, featuring a new logo and refreshed corporate colours, with yellow as the dominant colour. In a statement released on NGX, the non-interest bank said the rebranding reflects its vision for the future and commitment…
For First Time In 15 Years, Nigeria’s Budget Office Fails To Publish Quarterly Performance Report
The Bola Tinubu-led Nigerian government has shrouded its 2025 fiscal activities in opacity, particularly regarding federal expenditures. A review by SaharaReporters reveals that the usual channels through which the government reports on revenue spending…