Trump Rejects Iranian Terms as Gulf Conflict Escalates

Trump Extends G20 Invite to Putin

President Donald Trump will invite Vladimir Putin to December’s G20 summit in Miami. The administration maintains that all members must attend the leaders’ gathering. This move signals a deliberate shift in Western diplomatic posture. It prioritizes direct engagement over the isolation seen since 2022. The Kremlin has yet to confirm the Russian leader’s attendance. Trump…

Read More
Government Clarifies New Forty Per Cent Pay Rise

Government Increases Allowances and Pension Benefits for Civil Servants

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…

Read More
Atiku Faults Tinubu Over $516m Loan Request

Atiku Faults Tinubu Over $516m Loan Request

Atiku Abubakar has cautioned President Bola Tinubu against further external borrowing. The former Vice President labelled the government’s latest $516 million loan request as reckless. The administration seeks these funds to support the Sokoto-Badagry superhighway project. This proposal currently awaits Senate approval. Atiku argues the government lacks a transparent repayment framework for such debt. The…

Read More
Naira Trades Within Narrow Band Amid Market Caution

Naira Trades Within Narrow Band Amid Market Caution

The Nigerian naira holds steady in both official and parallel foreign exchange markets this week. Official rates at the Nigerian Foreign Exchange Market (NFEM) hover between ₦1,350 and ₦1,355 per dollar. This performance reflects the Central Bank of Nigeria’s managed float system. The regulator attempts to curb sharp volatility through intermittent interventions. Market sentiment remains…

Read More