Bola Tinubu News

09.11 / 22:13

Citi Bill President country reports Nigeria's president signs controversial bill for a presidential yacht and SUVs for lawmakers

Nigeria's president has signed a controversial bill that earmarks $6.1 million for a presidential yacht and millions more for sport utility vehicles for his wife and other top government officials

30.10 / 21:05

Cooper Fighting President Experts country Trade tops the agenda as Germany's Scholz meets Nigerian leader on West Africa trip

German Chancellor Olaf Scholz has met with Nigerian President Bola Tinubu as part of a West Africa tour as the European country looks to diversify its trade partners and expand economic partnerships in the energy-rich region

27.10 / 13:35

Provident JPMorgan President show country Explainer-What is pushing the Nigerian naira to record lows?

By Chijioke Ohuocha

04.10 / 07:27

COST economy Enterprise President country A government shutdown in Nigeria has been averted after unions suspended a labor strike

Nigerian government workers are continuing their work after last-minute efforts by authorities averted a nationwide strike to protest growing hardship which could have shut down government services in Africa’s most populous country

01.10 / 23:49

COST Provident economy Enterprise President social Nigeria's leader increases wages to avert a strike that could shut down the government

Nigeria’s leader has increased the wages of some government workers in last-minute efforts to appease labor unions whose planned strike this week could shut down government offices in all sectors of Africa’s largest economy

28.09 / 12:17

COST Lowe's JPMorgan Gap economy President reform Nigerian reform drive falters, threatening Africa's biggest economy

By MacDonald Dzirutwe and Libby George

08.09 / 09:39

Blockchain CBDC defi Blockchain could have prevented Nigeria’s naira scarcity — Local experts

Blockchain technology can help solve economic problems in Nigeria and throughout the African continent, according to a group of local blockchain experts who cited Nigeria’s currency flow shortage as a case study.

07.09 / 03:13

Reuters country Returns India’s $14-billion investment commitments to Nigeria: ‘Ready to give you the best returns,’ says President Bola Tinubu

G20 summit in New Delhi later this week, hosted these talks. His attendance at the summit follows an invitation from India, the current holder of the rotating presidency of the G20 bloc.

06.09 / 03:57

Updates G20 Summit 2023 LIVE Updates: List of leaders who are attending and who are skipping

G20 Summit 2023 LIVE: Read all the latest updates at Mint's liveblog: Fellow G7 members Britain, Canada, Japan and Italy will be represented by their respective premiers Rishi Sunak, Justin Trudeau, Fumio Kishida and Giorgia Meloni.Brazil's President Luiz Inacio Lula da Silva is coming and Argentina's Alberto Fernandez is expected, but Mexican President Andres Manuel Lopez Obrador is likely to skip the G20 Summit.United Nations Secretary-General Antonio Guterres will attend as an observer, with the heads of the IMF and the World Bank also in attendance.Other leaders expected to attend include Bangladesh Prime Minister Sheikh Hasina and Nigerian President Bola Tinubu.

06.09 / 02:17

Man Assurant Hinduja Group plans to make investments in Nigerian auto industry

G20 summit. “We are going to make investments into the billions of dollars under your leadership, because we see you are already addressing the systemic problems," said Prakash Hinduja, the company’s chairman.

05.09 / 20:35

COST UPS MET country Costs Nigerian workers walk off the job again to protest rising costs after removal of gas subsidies

Some employees in government offices in Nigeria walked off their jobs in protest of the growing cost of living due to the removal of gas subsidies, threatening to “shut down” Africa’s largest economy if their demands for improved welfare are not met

04.09 / 17:31

country Nigeria mulls G20 bloc membership as president heads to India to attend summit

Nigeria's President Bola Tinubu left for India on Monday to attend this year's G20 summit, as his country considers joining the bloc of major world economies, presidential spokesperson Ajuri Ngelale said. Indian Prime Minister Narendra Modi extended a special invitation to Tinubu, as Nigeria's membership is under consideration. «While Nigeria's membership of the G-20 is desirable, the government has embarked on wide-ranging consultations with a view to ascertaining the benefits and risks of membership,» Ngelale said in a statement. The G20 brings together 19 countries and the European Union, with India currently holding its presidency, which rotates annually among the members.

25.08 / 14:04

COST Action show country Nigeria's GDP growth slows to 2.5% y/y in Q2 as reforms get under way

By Chijioke Ohuocha

16.08 / 17:29

UPS Nigeria's suspended cenbank governor to face fraud charges on Thursday

By Camillus Eboh

15.08 / 13:01

COST Lowe's Digital Action reform Nigeria inflation rises to 18-year high in July as reform effects linger

By Elisha Bala-Gbogbo

15.08 / 11:33

COST Fallout show country Latin Emerging markets crave big bang stimulus with losses growing

China’s yuan extended its losses for a fourth day and erased all of its post-reopening gains even after authorities cut a key interest rate and began considering a stamp-duty reduction for stock trades. But data releases offered further evidence of a failed economic recovery, leaving investors craving for a big bazooka of stimulus rather than half-hearted darts thrown in the dark. Russia witnessed the same reactions.

31.07 / 01:57

MET Reuters Action show country coup West Africa warns of military action against Niger coup leaders

West African nations imposed sanctions and threatened force on Sunday if Niger's coup leaders fail to reinstate ousted President Mohammed Bazoum within a week, while supporters of the junta attacked the French embassy in Niamey. The 15-nation ECOWAS bloc's response to the Sahel region's seventh coup of recent years came as crowds in Niger's capital Niamey burned French flags and stoned the former colonial power's mission, drawing tear gas from police.

30.07 / 21:33

COST show country letter Nigeria's Tinubu appoints investigator to probe central bank - letter

ABUJA (Reuters) — Nigeria's President Bola Tinubu has appointed a financial watchdog to investigate the central bank, weeks after he suspended its governor, a copy of a letter from the president showed on Sunday.

25.07 / 21:16

show country Nigeria's suspended Central Bank governor appears in court more than a month after his arrest

Nigeria's suspended Central Bank governor has appeared in court in the economic hub of Lagoon on charges of illegal possession of a firearm and live ammunition

10.03 / 16:07

Blockchain CBDC regulation banking Nigerian president-elect aims to use blockchain technology in the banking sector

Nigerian President-elect Bola Tinubu has recently released a manifesto that, if enacted, would enable the use of blockchain technology and cryptocurrencies in the nation's banking and finance sector.

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