- Nigeria Eurobonds Yields Ease as Offshore Investors Buy Dollar Debt
- Nigerian Treasury Bills Yield Dips to 17.85% as Naira Assets Rally
- NVDAB Dips Amidst Nvidia CEO Jensen Huang Corporate Scandal
- Bitcoin Price Dips Below $75k as Nvidia Scandal Weighs on Crypto
- Wall Street, European Markets Rebound Amidst Nvidia CEO Probe
- FG Approves $2bn East–West Super Grid to Boost Power Transmission
- Shettima Tasks African Leaders on Industrialisation, Regional Trade Cooperation
- Naira Drops to N1,349 as Demand for Foreign Payments Rises
Author: Ogochukwu Ndubuisi
Ogochukwu Ndubuisi is an editorial content strategist and financial news writer at MarketForces Africa, covering a broad range of topics including Nigeria's equity markets, infrastructure development, energy, government policy, corporate finance, and digital economy.With over 2,400 published articles on MarketForces Africa, Ogochi brings depth and consistency to the publication's daily news coverage.Her reporting spans Nigerian Exchange Group market movements, Lagos State infrastructure projects, and federal government economic policies, oil and gas developments, and emerging sectors shaping Nigeria's economic landscape.She also covers Africa-wide stories, including East African market indices, continental investment trends, and cross-border economic developments.Ogochi works closely with MarketForces Africa's editorial and corporate communications teams to deliver accurate, timely, and well-researched content to the publication's professional readership.Ogochukwu Ndubuisi is based in Lagos, Nigeria.
Rwanda Spends $32m on Fuel Subsidies in 4 Months- Minister The Rwandan government said it has spent nearly 48 billion Rwandan francs (about 32 million dollars) on fuel subsidies between March and June. Prime Minister Justin Nsengiyumva said the subsidies were to shield consumers and businesses from surging oil prices triggered by the conflict in the Middle East. Addressing the parliament in the capital, Kigali, Nsengiyumva said the subsidies helped contain rising transport costs and curb increases in the prices of other goods, cushioning the economy and protecting household livelihoods. He said the subsidies enabled the government to keep the…
LP Crisis Threatens 2027 Preparations The Secretary of the Labour Party (LP) in Lagos State, loyal to the Julius Abure-led faction, Mr Sam Okpala, says the party’s internal leadership crisis has slowed preparations for the 2027 general elections. Okpala said this in an interview with newsmen in Lagos, while speaking on efforts to reposition the party ahead of the elections. He said members of the faction were awaiting the Supreme Court’s final decision on the matter before taking further political steps. According to him, although the High Court and the Court of Appeal recognised Sen. Nenadi Usman as the party’s…
Tinubu Declines Assent to RMRDC, CIPSM Bills Over Legal Concerns President Bola Tinubu has declined assent to two bills, citing legal concerns. This is contained in the two separate letters written by Tinubu and read during plenary on Thursday. The Senate President, Godswill Akpabio, who read the letters, informed the lawmakers of the president’s decision to withhold assent to the proposed legislation. The affected bills are the Raw Materials Research and Development Council Amendment Bill, 2026, and the Chartered Institute of Purchasing and Supply Management Establishment Bill, 2026. The president said that, subject to the correction of the grey areas,…
Soludo Seeks Restructuring, Backs State Police, Judicial Reforms Gov. Chukwuma Soludo of Anambra has called for comprehensive restructuring of Nigeria’s federal system, saying the debate on state police should extend beyond security to include fiscal and judicial reforms. Soludo made the call during a Town Hall Meeting in Awka on Thursday, where he described the growing support for state police as an inevitable step toward a more effective federal system. He said the debate had moved beyond whether Nigeria should establish state police, stressing that attention should now focus on the modalities for implementing the initiative. The governor said his…
ADC Faction Withdraws From Edo LG Election Over Credibility Concerns A faction of the African Democratic Congress (ADC) in Edo, led by Mr Kennedy Odion, has withdrawn from Saturday’s local government election, citing “concerns over the credibility and independence of the electoral process”. Mr Osagiede Osaze, Publicity Secretary of the faction, told the newsmen on Thursday in Benin that his group particularly had reservations over the election timetable. “We have also demanded that the Edo State Independent Electoral Commission (EDSIEC), should demonstrate full independence in the conduct of the exercise,” he added. He said the concerns were raised during an…
I Won’t Betray Nigerians’ Trust; Reforms Will Deliver a Better Future – Tinubu President Bola Tinubu has reaffirmed his commitment to fulfilling promises made to Nigerians, declaring that he would never betray their trust. Tinubu spoke on Thursday through Senate President Godswill Akpabio, during the inauguration of executives of the PBAT Door-to-Door Movement, established to promote the Renewed Hope agenda across the country. He insisted that the ongoing reforms would eventually deliver lasting national prosperity. “My administration remains committed to building a stronger nation despite the difficult decisions taken since assuming office,” he said. The President, who addressed supporters, political…
NIS Suspends U.S. Visa Application Centres Indefinitely The Nigeria Immigration Service (NIS) has announced the indefinite suspension of Online Integrated Solution (OIS Services), the operator of Nigeria’s Visa Application Centres in the United States, effective July 1. This is contained in a statement issued on Thursday in Abuja by the Service Public Relations Officer (SPRO), Deputy Comptroller of Immigration (DCI), Mr Akinsola Akinlabi. Akinlabi said that the development affected prospective travellers and Nigerians residing in the United States who required visas to enter Nigeria. According to him, all applicants seeking Nigerian visas are now required to submit their applications directly…
Global oil supply posted its largest monthly increase in months, rising 4.1 million barrels per day (bpd),
Nigeria Tops Africa’s AI Ranking Nigeria has emerged as the leading African country in the second edition of the Global Index on Responsible AI (GIRAI). The Special Assistant (SA) on Media and Communications to the Minister of Communications, Innovation and Digital Economy, Mr Isime Esene, said this in a statement on Thursday in Abuja. Esene said that Nigeria also ranked 38th globally and first in Africa with an overall index score of 45.93. “This marks a remarkable improvement from the inaugural 2024 edition of the Index, in which Nigeria ranked 80th globally with a score of 7.21, representing a rise…
Lagos Assembly Endorses State Police The Lagos State House of Assembly on Wednesday endorsed the establishment of state police, urging nationwide constitutional reforms to strengthen Nigeria’s security architecture. Lawmakers also called on the 36 State Houses of Assembly to expedite consideration and approval of the Constitution Alteration Bill on state policing. The resolution followed the adoption of a motion titled ‘Support for the Establishment of State Police in Nigeria,’ moved by Majority Leader, Noheem Adams. Adams said the proposed legislation aligned with Federal Government efforts to decentralise policing, strengthen security architecture and better protect lives and property nationwide. “Lagos Assembly…
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