NLC: Tinubu Offered Us N250k Minimum Wage To Accept N1,500 Petrol Price, But We Rejected It — Ajaero
Ajaero made the disclosure while speaking during an interview published on the official YouTube channel of Mic On Podcast on October 3, 2026. The Nigeria Labour Congress (NLC) President, Joe Ajaero, has revealed that President Bola Tinubu once offered…
Ajaero Explains Link Between Fuel Subsidy Removal And Exchange Rate
According to a video posted on the official YouTube channel of Mic On Podcast on Saturday, October 3, 2026, the President of the Nigeria Labour Congress, Joe Ajaero, has explained how the exchange rate affects the price of petrol in Nigeria. Ajaero spoke…
SERAP To Tinubu: Probe Alleged N94.4bn Unremitted Oil Funds
President Bola Ahmed Tinubu has been charged to direct an immediate investigation into more than ₦94.4 billion in petroleum-sector funds allegedly diverted, unremitted, unaccounted for or irregularly spent. The charge came from a Lagos-based rights…
ABU Commends CBN For Ongoing Reforms To Stabilise Economy
By Saidu Abubakar Ahmadu Bello University has commended the Central Bank of Nigeria (CBN) for the ongoing reforms it is carrying out to restore stability, transparency, and credibility to the financial system. The university also acknowledged with…
‘Nigerians Are Suffering’ – Ogun Group Backs Return Of Fuel Subsidy
A political support group in Ogun State, Yayi Ni Wura Alliance Movement, has asked President Bola Tinubu to restore fuel subsidy, warning that the soaring cost of petrol has deepened hardship for ordinary Nigerians. The group made the call in Abeokuta…
FG Seeks Fresh $1.5bn World Bank Loan
The Federal Government has opened discussions with the World Bank for three new loans totalling $1.5bn, even as Nigeria’s public debt climbed to a record N166.79tn at the end of June 2026. Documents obtained from the World Bank show that the proposed…
UNGA81: Nigeria Warns Debt Burden Squeezing Africa, Developing Nations
News Investigators/ Nigeria has called for urgent reform of the global financial architecture, warning that heavy debt servicing was diverting scarce resources from education, healthcare and infrastructure in developing countries. Vice-President Kashim…
CBN Cuts Interest Rate to 23%: What It Could Mean for Nigerian Businesses and Borrowers
The Central Bank of Nigeria (CBN) has made one of its biggest interest rate moves in recent years, cutting its benchmark Monetary Policy Rate (MPR) from 26.5% to 23%. CBN Governor Olayemi Cardoso announced the 350-basis-point reduction on September 22,…
Fubara Woos Investors, Showcases Rivers’ Potentials At UNGA81
Rivers State Governor, Siminalayi Fubara, has used the 81st United Nations General Assembly (UNGA 81) in New York to showcase the state’s investment potentials and woo local and international investors. Fubara, who spoke with journalists on the sidelines…
Lagos-Ibadan Railway’s Financial Gap: Strong Ridership, Weak Returns
Nearly five years after Nigeria’s showpiece standard-gauge railway began carrying passengers, the gap between what was promised and what has been delivered remains as wide as the funding gap keeping the network afloat. When the Nigerian Railway…