Wednesday, January 22, 2025

Olawale Afolabi

Kenya protesters win as Ruto withdraws tax bill after 22 killed

Kenyan President William Ruto announced on Wednesday that he will not sign the contentious finance bill of 2024, a decision prompted by deadly protests...

Nigeria’s fuel subsidy cost to rise as smuggling resumes

Nigeria will likely pay higher fuel subsidy costs in the coming months as traders have resumed smuggling fuel to Cameroon, where retail prices are...

These Presidency’s claims to NYTimes over Nigeria hunger don’t add up

The Presidency scrambled a response Monday after the New York Times published a damning coverage of Nigeria's worst cost-of-living crisis in decades, dismissing the...

Understanding how CBN’s new record high interest rate affects you

The Central Bank of Nigeria has raised its benchmark interest rate to a new record high in a bid to force inflation down and...

After delays, Tinubu’s govt offers minimum wage that can’t buy rice

The federal government has finally revealed its minimum wage offer, after prolonged delays that ignored workers' struggle with Nigeria's worst cost-of-living crisis ever. At a...

Latest Stories

Borrowing won’t fix growth, IMF warns as Nigeria’s debt mounts

Countries must prioritize structural reforms and fiscal discipline to...

Nigeria joins BRICS as a “partner country”. Here’s what that means

Nigeria has officially become the ninth “partner country” of...

Boko Haram Massacre: 147 farmers buried, Amnesty Intl. says

A mass burial has been held for 147 farmers...

Moghalu slams African leaders’ focus on GDP over citizens’ wellbeing

Kingsley Moghalu, former deputy governor of the Central Bank...
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