Iran’s Foreign Minister Abbas Araghchi on Thursday dismissed US President Donald Trump’s economic punishment plan for Tehran as a continuation of “failed policies”, which he said would bring Washington “further defeat”. “The so-called ‘Economic D-Day’ is a diversion from America’s own crisis: unprecedented debt & surging interest costs. Doubling down on failed policies will only…
Nigeria has retained its position as Africa’s fourth-largest hub for dollar millionaires, with 7,200 millionaires, 20 centi-millionaires and three billionaires, according to the 2025 Africa Wealth Report by Henley & Partners in collaboration with New World Wealth. The country trails only South Africa, Egypt and Morocco on the continent’s wealth ranking. But behind this statistic…
Three years after President Bola Tinubu assumed office, Nigeria’s manufacturers have delivered a sobering verdict: the ambitious reforms have yet to translate into tangible industrial growth. The Manufacturers Association of Nigeria (MAN) acknowledges the administration’s courage in addressing long-standing economic distortions, but insists that manufacturers continue to bear a disproportionate share of the adjustment costs….
President Bola Ahmed Tinubu, in his Independence Day broadcast on October 1, 2025, spoke directly to Nigerian youth, calling them the “greatest assets” of the nation. He outlined promises meant to shape their future and expand opportunities. Here are five of them with his own words. 1. Education loans through NELFUND Tinubu said over 510,000…
Professor of Accountancy and Taxation, Michael Okpara University of Agriculture, Umudike, has warned that things will continue to degenerate all over the country unless equilibrium is restored in tax administration. Ihendinihu stated this while delivering the 62nd inaugural lecture of Michael Okpara University of Agriculture entitled “Entropy of Injustice: A Derivative of Thermodynamics in Tax…
The Imo State chapter of the Peoples Democratic Party, PDP, has described the state’s poor performance in the recently released data on Value Added Tax, VAT, generated by the 36 states of the federation and the Federal Capital Territory, FCT, for the first quarter of 2025—which placed the state 35th out of 36 states—as a…
[adsense ad_id=”inarticle”] The Center for Fiscal Transparency and Public Integrity (CeFTPI) has reacted to the Performance Management System (PMS) inauguration by the Secretary to the Government of the Federation (SGF), George Akume, as part of the Federal Civil Service Strategy and Implementation Plan 2025 (FCSSIP). Noting that the initiative’s objective of promoting transparency and accountability…
President Donald Trump signed several executive orders on his first day back in office and reversedkey policies from Joe Biden’s administration. Trump targeted initiatives on climate change, healthcare, immigration, artificial intelligence, and federal government operations. One of his first actions was to withdraw the United States from the Paris Climate Agreement, arguing it harmed American…
French Prime Minister François Bayrou on Monday warned that France and Europe risk being dominated, crushed, and marginalised if they fail to counter the policies of United States President-elect Donald Trump ahead of his inauguration. “The United States, with the inauguration of the president, has decided on a politics that is incredibly dominating,” Bayrou said…
The Forum of Former Deputy Governors of Nigeria, FFDCN, has made a case for the inclusion of all major stakeholders in Nigeria whenever any consultations for economic policy by the IMF and the World Bank are made in the country. This was contained in a 16-point communiqué issued by the forum at the end of…
