Articles

  • 1 week ago | businessday.ng | Tope Omogbolagun |Godsgift Onyedinefu

    President Bola Tinubu’s loan proposal to the National Assembly on Tuesday will take Nigeria’s total public debt to an astronomical N183 trillion from nearly N145 trillion as of December 2024, according to BusinessDay calculations. President Tinubu wrote to the National Assembly yesterday, seeking legislative approval for a new external borrowing plan of $21.5 billion, €2.2 billion, and ¥15 billion, in addition to a grant of €65 million.

  • 1 month ago | businessday.ng | Tope Omogbolagun |Godsgift Onyedinefu

    Nigeria’s National Assembly will resume its plenary today amid mounting public expectations for swift and decisive legislative action on pressing national matters ranging from tax bills and constitutional review to security and political stability. The National Assembly initially adjourned plenary on March 27 to allow members observe the Sallah and Easter festivities, and subsequently postponed resumption from April 29 to May 6.

  • 2 months ago | businessday.ng | Oluwatosin Ogunjuyigbe |Tope Omogbolagun

    The National Assembly has confirmed that President Bola Tinubu consulted with its leadership before declaring a state of emergency in Rivers State, which led to the suspension of Governor Siminalayi Fubara, his deputy, and the State House of Assembly.

  • 2 months ago | businessday.ng | Oladehinde Oladipo |Tope Omogbolagun |Dipo Oladehinde

    The Dangote Refinery, Africa’s largest oil refinery, is reportedly considering increasing its crude oil imports as discussions continue over the Naira-for-Crude arrangement with the Nigerian government. This development comes as the Nigerian government engages in discussions to finalise a Naira-for-Crude deal, aimed at strengthening the local currency and reducing dependency on foreign exchange for oil transactions.

  • Mar 6, 2025 | businessday.ng | Kemi Ajumobi |Tope Omogbolagun

    Political and social commentators say the incident involving Natasha Akpoti-Uduaghan, senator representing Kogi Central, and Senate President Godswill Akpabio demonstrates why there is a heightened demand for justice and equity for women on the International Women’s Day (IWD). Akpoti-Uduaghan was suspended by the Senate on Friday for six months over an alleged misconduct and the violation of Senate Standing Rules.

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