The Federal Government has declared Tuesday, July 15, a public holiday in honour of the late former President Muhammadu Buhari, an ex-leader many Nigerians resented. Buhari passed away on Sunday at a London clinic, marking the end of a political journey that still divides opinions long after he left Aso Rock. The announcement of the

FIFA may have thrown a glamorous global football party, but not everyone is celebrating. The recently concluded Club World Cup has come under heavy fire from the global players’ union, FIFPRO, which claims the tournament’s success story loudly declared by FIFA President Gianni Infantino is far from the full picture.  In fact, according to FIFPRO’s

The United States government has issued a stern warning to foreign visitors: anyone who remains in the country past their authorised stay risks deportation and could be permanently barred from returning. This announcement, made by US immigration authorities on July 14, 2025, comes amid growing concerns over rising overstay rates and aims to remind travellers

Naira Holds Firm Against Dollar Across Markets ‎The Naira remained steady against the US dollar on Thursday, July 14, strengthening in both the official and parallel markets. ‎In the black market, currency dealers in Abuja told Economic Confidential that the naira traded at ₦1,535/$1 for buying and ₦1,540/$1 for selling, up from Wednesday’s closing rate

Nigeria’s Exports to US Plummet by $527m The trade relationship between the United States and Nigeria has suffered a significant setback, as official data from the US Census Bureau and the Bureau of Economic Analysis show that US imports of Nigerian goods decreased by $527m in the first five months of 2025 compared to the

Oil Marketers Back Potential Privatisation of Refineries Oil marketers and industry stakeholders have thrown their weight behind the proposed sale of Nigeria’s refineries under the management of the Nigerian National Petroleum Company Limited (NNPCL), calling for transparency, inclusiveness, and accountability in the process. They noted that the sale or privatisation of the Port Harcourt, Warri

OPEC Calls for Urgent Investment in Global Oil Upstream Sector The Organisation of the Petroleum Exporting Countries (OPEC) has called for urgent and sustained investment in the global upstream oil sector, warning that a cumulative $14.9tn will be required between 2025 and 2050 to meet projected demand and prevent a future energy crisis. This investment

FIRS Rolls Out Plan to Combat Tax Evasion, Illicit Financial Flows The Federal Inland Revenue Service (FIRS) has announced plans to host a two-day national conference on illicit financial flows as part of renewed efforts to combat tax evasion and safeguard Nigeria’s financial system. In a statement made available on Sunday, the Special Adviser on

The Economic Community of West African States (ECOWAS) has expressed sorrow over the death of former Nigerian President Muhammadu Buhari, describing his passing as a great loss to the region and the continent at large. In a statement issued from its headquarters in Abuja, Omar Alieu Touray, President of the ECOWAS Commission, conveyed the community’s

Former Vice President Yemi Osinbajo and his wife, Dolapo, have expressed deep sadness over the death of former President Muhammadu Buhari. Osinbajo, who served as Vice President under Buhari’s administration for eight years, said in a condolence message that “Nigeria has lost a patriot.” He also revealed that he and his wife had spoken with

Nigeria’s Super Falcons will face Zambia’s Copper Queens in the quarter-finals of the 2025 Women’s Africa Cup of Nations (WAFCON) after playing out a goalless draw with Algeria in their final Group B fixture on Sunday in Casablanca. The result saw the nine-time African champions advance to the last eight for the first time ever

Nigeria has lost two giants on the same day: Oba Sikiru Kayode Adetona, the Awujale of Ijebuland, and former President Muhammadu Buhari, men bound not only by power and history but by decades of personal friendship. Oba Adetona, who ruled Ijebuland for over 64 years, passed away in Ijebu-Ode at the age of 91 on