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Taiwo Oyedele has officially taken the helm as Nigeria’s Minister of Finance and Coordinating Minister of the Economy. He succeeds Wale Edun following a formal handover ceremony held in Abuja on Thursday. The transition aligns with the timeline established by President Bola Ahmed Tinubu for the cabinet reshuffle. Ministry officials confirmed the orderly completion of…
Troops of Operation Enduring Peace have raided a clandestine arms manufacturing site in Gwandanu Village, Plateau State. The tactical operation, executed on Wednesday evening, resulted in the arrest of two individuals engaged in the illegal fabrication of firearms. Military personnel seized a significant quantity of specialized tools and finished weapons from the location. The recovery…
The Federal Government has unveiled a ₦10 billion housing loan scheme for civil servants. Didi Walson-Jack, Head of the Civil Service of the Federation, announced the plan in Abuja on Friday. The initiative aims to lower the barrier to home ownership for public workers. It will operate through the Federal Mortgage Bank of Nigeria and…
The Federal Government has approved a substantial rise in peculiar allowances and welfare benefits for civil servants. Didi Walson-Jack, Head of the Civil Service of the Federation, confirmed the reforms during a briefing in Abuja on Friday. The policy covers workers under both the Consolidated Public Service Salary Structure (CONPSS) and the Consolidated Research and…
Nigeria and the African Union (AU) are intensifying efforts to bridge the continent’s severe water access gap, with Abuja serving as the primary hub for the initiative. Minister of Water Resources and Sanitation, Joseph Utsev, hosted a high-level AU delegation this week to align national policies with the broader African Water Vision 2063. The discussions…
Angry women from the Gashish community in Barkin Ladi, Plateau State, destroyed a military checkpoint on Monday, citing total loss of confidence in the security forces. The protest followed a weekend of bloodshed across the region that claimed at least six lives in twin attacks. Residents argue that the presence of soldiers has failed to…
Assad Hassan, the national coordinator for the World Bank-backed HOPE Governance Programme, has issued a sharp rebuke to Nigerian state governments regarding the use of concessional loans. He warns that states must build robust institutions rather than view international funding as a temporary windfall. Reform cycles often stall once external capital dries up. Nigeria now…
Inspector-General of Police Olatunji Disu has authorised the immediate restructuring of the Police Monitoring Unit. This initiative serves to tighten internal discipline and sharpen operational effectiveness across all police commands and formations. The move aligns with the broader reform agenda of the force, placing a renewed emphasis on intelligence-led inspections and real-time oversight. Professionalism and…
Pension fund assets tied to Federal Government of Nigeria (FGN) debt securities climbed by 16.9 per cent year-on-year to N16.925 trillion in February 2026. This figure stood at N14.468 trillion during the same period last year. The total net asset value of the pension industry grew by 28.7 per cent to N29.426 trillion over the…
Nigeria is not a poor country. Dr. Tope Fasua, Special Adviser to the President on Economic Affairs, insists the nation suffers from structural inequality rather than a lack of resources. He argues that persistent narratives of poverty distract from the actual work of fixing the economy. Wealth exists within the system, he claims, hidden by…
