CBN’s MPR: Separating optics from impacts
Sopuruchi Onwuka The recent decision by the Central Bank of Nigeria (CBN) to cut interest rates by 50 basis points to 26.5 percent raises harder questions about how the official economic indicators connect with the palpable situation on ground. According…
Tinubu nominates 21 board members for NMDPRA, NUPRC
Sopuruchi Onwuka President Bola Tinubu has written to the Senate, seeking confirmation of 21 nominees for the boards of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). The nominations were disclosed…
Tinubu’s ₦58.18 trn budget targets growth, fiscal discipline after 2025 execution shortfalls
Wider fiscal deficits threaten heavier debt burden Sopuruchi Onwuka President Bola Tinubu on Tuesday presented the 2026 Appropriation Bill to a joint session of the National Assembly, outlining plans to consolidate economic reforms, accelerate growth, and strengthen fiscal discipline, while…
Macron Vows to Assist Nigeria After Wave of Student Kidnappings
French President Emmanuel Macron says France will increase support to Nigeria as the country battles a surge in jihadist and criminal violence. Macron said President Bola Tinubu asked for broader cooperation, and he pledged to work more closely with Nigerian…
2027 polls: Why must Tinubu concede 41 Unity Colleges to bandits?
Sopuruchi Onwuka The government’s announcement shutting down 41 unity colleges in the country following regular, smooth invasion and abduction of innocent kids in boarding houses signals loss of hope in the fight against banditry and Islamist insurgency in the country….
Will dom refining boost or burst our struggling economy?
Sopuruchi Onwuka Propositions and actual projects that portend over 3.0 million barrels per day of local refining capacity may raise serious challenges to the nation’s fiscal and economic stability, given that the emerging refining boom may impose acute foreign exchange…
House of Reps approves Tinubu’s sacking of Rivers State govt
Sopuruchi Onwuka Despite rising condemnation of the declaration of emergency in Rivers State by President Bola Tinubu, the House of Representatives on Thursday endorsed the suspension of Governor Siminalayi Fubara, his deputy, and all elected members of the state assembly…
Nigeria pledges returns for energy investors
* Dismantles all entry barriers Sopuruchi Onwuka Nigerian government has called on the international investment community to take advantage of the ongoing economic reforms to seek commercial opportunities in the country’s energy industry. President Bola Ahmed Tinubu who declared the…
Paradox of profligacy: Tinubu’s jet amidst crushing poverty in Nigeria
Sopuruchi Onwuka President Bola Tinubu’s recent acquisition of a new Airbus A330 business jet, amid Nigeria’s most severe economic crisis in decades, has sparked widespread outrage, drawing attention to the stark contrast between the government’s extravagance and the dire living…
Tinubu commends increased crude production to 1.61 mbpd
Says output surge buoyed by reforms President Bola Ahmed Tinubu on Sunday declared resurgence in the oil and gas industry activities, commending the increased crude production to 1.6 million barrels per day. The president, who said this in a national…
