•Ezra Co-founder and former Chief Technology Officer of Paystack, Ezra Olubi, has disclosed that he was fired by the company over allegations of sexual misconduct, claiming the termination was unfair. Olubi broke his silence in a blog post published yesterday, Sunday November 23, 2025. The controversy began when Max ‘Makispoke’ Obae accused Ol...
Detty December pulls people and businesses into Lagos every year, creating a surge in activity across the city. The parties, concerts, and family trips create a rush that lifts specific parts of the economy, reports Vanguard. These ten businesses feel that impact the most: 1. Hotels Hotels stay packed. Many visitors book weeks ahead, and [&hel...
•Tinubu and foreign debts illustration The federal government has spent about $2.93bn (about $3billion) servicing Eurobond debt across eight quarters under President Bola Tinubu, according to an analysis of external debt-service records published by the Debt Management Office. The data, covering Q3 2023 to Q2 2025, show that Eurobond obligatio...
•A fuel attendant Marketers and some stakeholders in the downstream sector of the oil and gas industry yesterday welcomed the suspension of the 15 per cent ad-valorem import duty on imported Premium Motor Spirit (PMS) and Automotive Gas Oil (AGO), also known as petrol and diesel. They said the import levy is not feasible until […]
•Tinubu and ADC logo The African Democratic Congress (ADC) has condemned the federal government’s fresh N1.15 trillion in domestic borrowing, accusing President Bola Ahmed Tinubu of policy inconsistency and fiscal recklessness. In a statement signed by the party’s National Publicity Secretary, Mallam Bolaji Abdullahi, the ADC noted that despit...
The British pound traded at about ₦1,895 against the Nigerian naira in official markets today, Thursday, November 13, 2025, while dealers in the parallel (street) market quoted between ₦1,900 and ₦1,930 per £1, signaling a small gap between official and informal rates as market participants weigh demand for foreign currency. Key rates NFEM / C...
•Seun Onigbinde The co-founder of BudgIT, Seun Onigbinde, has decried what he described as a gross disconnect in the federal government’s budgets. Speaking last night on Channels Television, Onigbinde highlighted fiscal challenge in the annual budgets. He also accused the current administration of not maintaining a regular calendar regarding t...
The Nigerian Export-Import Bank (NEXIM) today expressed strong support for a proposed bill seeking to increase its share capital from ₦50 billion to ₦1 trillion, while also advocating for the removal of the Central Bank of Nigeria from its governing board. Speaking at a one-day public hearing organised by the Senate Committee on Banking, Insur...
•Tinubu and World Bank logo Nigeria’s barely 0.14 per cent budgetary allocation of its Gross Domestic Product on social protection is far below the global average of 1.5 per cent and the Sub-Saharan African average of 1.1 per cent, and has had no effect on poverty, so far. The World Bank, in a new report […]
•Nigerian Senate The Senate has rejected the explanations provided by the Nigerian National Petroleum Company Limited (NNPCL) regarding the ₦210 trillion outstanding against the oil firm. It came to the conclusion yesterday that the money, which had not been accounted for, must be refunded to the Federation Account by the company, reports Chan...

