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2027: Atiku Vows To Scrap Tinubu’s Floating Naira Policy If Elected

2027: Atiku Vows To Scrap Tinubu’s Floating Naira Policy If Elected

President Bola Tinubu could face a major economic policy reversal if former Vice-President Atiku Abubakar wins the 2027 presidential election, with his campaign declaring that the floating exchange rate regime will be scrapped. Kenneth Okonkwo, spokesperson for the Atiku Abubakar presidential campaign council, made the declaration while criticising the Tinubu administration’s approach to determining the...
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Houthi Advance Raises Fresh Threat To Saudi Oil Infrastructure, Global Energy Supply

Houthi Advance Raises Fresh Threat To Saudi Oil Infrastructure, Global Energy Supply

The rapid expansion of Iran-backed Houthi forces along Yemen’s coast has raised concerns over the security of critical Saudi Arabian oil infrastructure and the potential consequences for global energy markets, according to The New York Post. The development has increased the strategic importance of the Bab al-Mandeb Strait, a major maritime route through which substantial...
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Lagos Traders Fear Chinese Retail Expansion Could Push Them Out Of Business

Fears of losing their businesses to intensifying competition from Chinese nationals have driven traders at the Lagos Trade Fair Complex to stage a peaceful protest against what they described as the growing takeover of retail trading by foreign operators. The traders, who protested at markets within the Trade Fair Complex along the Lagos-Badagry Expressway, alleged...
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Army, FCTA To Appear Before Reps Wednesday Over Tungamaje Demolitions

The Nigerian Army and the Federal Capital Territory Administration (FCTA) are expected to appear before the House of Representatives Public Petitions Committee on Wednesday, September 16, over the continued demolition of houses in Tungamaje, Abuja. The appearance is aimed at addressing the prolonged dispute surrounding the demolition of residential buildings in the community, with affected...
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US Court Puts Brakes On Trump Plan To Limit Stay Of Foreign Students, Journalists

A US federal court has halted the planned introduction of tighter visa restrictions for foreign students and journalists, keeping the existing immigration framework in place while a legal challenge against the Trump administration’s policy proceeds. US District Judge Dennis Saylor issued a preliminary injunction on Monday, stopping the Department of Homeland Security from enforcing the...
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