Muhummad Musa

PRESIDENT BOLA AHMED TINUBU’S DEMOCRACY DAY ADDRESS ON FRIDAY, JUNE 12, 2026

PRESIDENT BOLA AHMED TINUBU’S DEMOCRACY DAY ADDRESS ON FRIDAY, JUNE 12, 2026

Fellow Nigerians Today, we celebrate democracy and the enduring Nigerian spirit. For 27 unbroken years, since May 29, 1999, Nigerians have chosen their leaders through the ballot, witnessed peaceful transitions of power, and resolved disagreements in courtrooms and legislative chambers—not through violence. We have experienced the longest stretch of civilian rule in our history. Our…

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CBN, NITDA Insist on 2027 Payment Data Deadline

External Reserves Accumulate to 17-Year High of $50.12bn

Nigeria’s gross external reserves have climbed to a historic 17-year high of 50.12 billion dollars, recording an extraordinary 30.9 per cent expansion year-on-year. Data from the Central Bank of Nigeria shows that the current liquid buffer has reached its highest operational peak since late 2009. This massive accretion represents a substantial increase of nearly 12…

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Senate Rejects Insurgent Rehabilitation, Demands Formal Prosecution

Senate Blocks Motion to Investigate Defense Funding

The Nigerian Senate has rejected a legislative motion seeking a comprehensive probe into national military spending and defense procurement. Lawmakers defeated the proposed investigation during a tense plenary session following strong pushback from the chamber’s leadership. The upper house argued that exposing detailed defense expenditure during active operations could compromise national security and weaken troop…

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FG Settles N333bn Debt Owed to Power Firms

FG Unveils Interconnection Guidelines for Solar Mini-Grids

The Federal Government has launched new technical and operational guidelines to accelerate the integration of solar mini-grids into existing electricity distribution networks. Developed by the Nigerian Electricity Management Services Agency, the framework establishes uniform standards for connecting decentralised renewable energy systems to the national grid. The policy aims to expand electricity access across unserved and…

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