Muhummad Musa

Economic Reforms: BOI Hits Record N636bn Outlay as Industry Peaks

ABUJA — President Bola Ahmed Tinubu has formally lauded the Bank of Industry (BOI) for a historic N636 billion loan disbursement to Nigerian enterprises in 2025. This record-breaking volume, the highest in the institution’s history, reached over 7,000 enterprises across the federation. The President characterized this milestone as empirical validation of his administration’s macroeconomic reforms….

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US Moves to Sanction Chinese Miners in Nigeria.

US Moves to Sanction Chinese Miners in Nigeria

ABUJA — The United States Congress has introduced a high-stakes legislative hammer aimed at Chinese mining interests and violent extremists operating within the Nigerian hinterlands. Titled the “Nigeria Religious Freedom and Accountability Act of 2026,” the bill seeks to dismantle a shadow economy where foreign miners reportedly fund insurgency. Specifically, US lawmakers allege that Chinese…

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Tax Revenue Hits N28.3trn as Non-Oil Sector Powers Record Gains.

Tax Revenue Hits N28.3trn as Non-Oil Sector Powers Record Gains

ABUJA — The Nigeria Revenue Service (NRS) has shattered previous records by generating N28.3 trillion in tax revenue during the 2025 fiscal year. This figure represents a staggering 30 percent increase over the N21.7 trillion collected in 2024. Executive Director of Government and Large Taxpayers, Hajiya Amina Kurawa, announced these results during a management retreat…

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VAR Controversy: Independent Panel Voids Chelsea Penalty Verdict.

VAR Controversy: Independent Panel Voids Chelsea Penalty Verdict.

LONDON — The Premier League’s independent Key Match Incident (KMI) Panel has officially invalidated a controversial penalty awarded to Chelsea during their recent 3-1 victory over Crystal Palace. In a unanimous 5-0 verdict, the five-member oversight body ruled that the Video Assistant Referee (VAR) should not have intervened in the Selhurst Park clash. Referee Darren…

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Naira Redesign: EFCC Witness Reveals Bank Hoarding During Naira Crisis.

ABUJA — An investigator with the Economic and Financial Crimes Commission (EFCC) has officially linked commercial banks to the currency crisis of 2022. Testifying before the FCT High Court on Tuesday, Chinedu Eneanya confirmed that various banks hoarded newly redesigned notes. This institutional infraction reportedly intensified the severe cash scarcity that crippled businesses and households…

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Tinubu Hosts AFRICOM Chief for Regional Security Summit

Tinubu Hosts AFRICOM Chief for Regional Security Summit

  ABUJA — President Bola Tinubu convened an emergency high-level security meeting with the United States Africa Command (AFRICOM) on Sunday. General Dagvin Anderson led the American delegation to the State House for these critical bilateral discussions. This diplomatic encounter signals a renewed commitment to military cooperation between Nigeria and the United States. Furthermore, the…

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Electoral Act Reforms: Peter Obi Joins Youth Protesters at National Assembly

Electoral Act Reforms: Peter Obi Joins Youth Protesters at National Assembly

  The Nigerian political landscape witnessed a dramatic escalation on Monday as Peter Obi joined hundreds of aggrieved youths at the National Assembly. This unexpected appearance followed several days of rising tensions over the controversial 2026 amendments to the Electoral Act. Protesters primarily demand the immediate reinstatement of mandatory electronic transmission of results from all…

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