By Peter Egwuatu The International Monetary Fund (IMF) has warned that the growing adoption of dollar-backed stablecoins must not be allowed to weaken fiscal and monetary discipline in countries whose currencies and assets underpin the digital tokens. According to a statement released by the IMF, its Managing Director, KristalinaGeorgieva, who spoke at the Jackson Hole […]

By ObasEsiedesa, Abuja The electricity tariff subsidy obligation of the Federal Government (FG) stood at N1.92 trillion in 2025, as the government continues to absorb the gap between cost-reflective electricity tariffs and rates paid by customers, according to the Nigerian Electricity Regulatory Commission (NERC). NERC, in its 2025 industry report, put the government’s gross tariff […]

By Elizabeth Adegbesan The National Bureau of Statistics (NBS), yesterday,  said that the Nigerian economy expanded in real terms by 4.43 percent  year-on-year, YoY, in the second quarter of 2026, Q2’26  from 4.2 percent  in Q2’25. NBS disclosed this in its Gross Domestic Product, GDP, report for Q2’26 noting that both the oil and non-oil […]

Davis, who faces possible life in prison without parole, addressed Judge Carli Kierny after the verdict was announced and stated his intention to appeal.

— Says anyone promising restoration is playing politics By Dayo Johnson Akure — The President of the National Association of Nigerian Students (NANS), Comrade Babatunde Akinteye, has declared that politicians promising to restore fuel subsidy ahead of the 2027 elections are merely playing politics with the economic realities of the country. Akinteye said fuel subsidy […]