archive2025

President Bola Tinubu has appointed board chairpersons and chief executive officers (CEOs) for key institutions, including the Nigerian Railway Corporation (NRC), the Federal Airports Authority of Nigeria (FAAN), and the National Board for Technology Incubation. Notable appointees include former Kano State Governor and current National Chairman of the All Progressives...

Lt. Gen. Jeremiah Useni (retd.), a former Minister of the Federal Capital Territory (FCT) and a distinguished military officer, has passed away at the age of 82. Useni’s death on Thursday, after a prolonged illness, was confirmed by Plateau State Governor Caleb Mutfwang in a statement issued through his Director...

The Governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso, has announced plans to establish a Compliance Department by February. Cardoso made the announcement during the launch of 2025 Macroeconomic Outlook Report, titled “Stabilisation in Transition: Rethinking Reform Strategies for 2025 and Beyond” by the Nigerian Economic Summit...

Deputy Speaker of the House of Representatives, Benjamin Kalu has said that the four tax reform bills currently before the National Assembly will help drive revenue generation, improve the nation’s revenue profile and support investments both locally and internationally. Kalu who spoke at a meeting on UK -Nigeria Strategic Dialogue...

The Nigerian Economic Summit Group (NESG) has painted a positive picture of the nation’s economic outlook for 2025 with the potential to achieve a 5.5 per cent GDP growth rate. NESG, however, pointed out that this positive outlook was only possible provided the current reforms are sustained. The projection was...

The Central Bank of Nigeria (CBN) has said it has approved the release of the Nigerian Foreign Exchange (FX) Code. The apex bank also announced that the Code would be formally launched next week in Abuja. According to CBN in a statement, the Code serves as a guideline to the...

The value Naira, Nigerian’s currency fell further against the United States dollar on the first day in office for President Donald Trump The value of Nigerian currency depreciated further against the US dollar in the foreign exchange markets on Tuesday. Data from FMDQ securities showed that at the close of...

Mrs Beatrice Ekweremadu, wife of former Deputy Senate President, Senator Ike Ekweremadu is back in Nigeria. DAILY POST quoted a competent source on Wednesday. According to the source, Mrs Ekweremadu returned to Nigeria on Tuesday. It would be recalled that Senator Ekweremadu, the wife and one Dr Obinna Obeta were...

President Bola Ahmed Tinubu has appointed Dr. Kayode Opeifa, former Lagos State Commissioner for Transportation, as the Managing Director of the Nigeria Railway Corporation (NRC). The appointment, according to a statement from the presidency, was based on Opeifa’s extensive expertise and his impactful contributions to transportation reform in Nigeria. The...

The Minister of Aviation and Aerospace Development, Festus Keyamo, has revealed plans by the Federal Government to establish an aircraft manufacturing firm in Nigeria. The facility is a collaboration between XeJet and indigenous banks, aiming to transform Nigeria into a regional hub for aviation services. Keyamo announced this during the...