Democracy Nigeria Presidency Top Story

President Tinubu stumbles during Democracy Day ceremony in Abuja

It was not meant to be a big deal but it became headline news for the media especially foreign press The BBC reports that during the celebration marking 25 years of democracy in Nigeria, President Bola Tinubu slipped and fell. The incident occurred as the 72-year-old president ascended the steps of a vehicle intended to Read More…

Business Debt Economy

Approval Granted: Nigeria Secures $1 Billion AfDB Loan for Budget Support and Forex Supply

Finance Minister Olawale Edun announced the Federal Executive Council’s (FEC) approval of a $1 billion concessional loan from the African Development Bank (AfDB) aimed at bolstering the budget and enhancing foreign exchange reserves. Edun revealed the loan details, citing a 4.2% interest rate over 25 years with an eight-year moratorium, following a cabinet meeting in Read More…

Business

President Tinubu committed to mitigating economic reforms’ impact, asserts Wale Edun at IoD conference

During the Chartered Institute of Directors Nigeria (CIoD) Annual Directors Conference in Abuja, Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, highlighted President Bola Tinubu’s empathetic stance and dedication to minimizing the hardships arising from economic reforms for Nigerians. Edun assured that these reforms, despite their necessity, would take time before Read More…