Author: Opalim Lifted

President Bola Tinubu has declared that his sweeping reforms have restored global respect for Nigeria and stabilised the country’s struggling economy. Speaking at the State House on Tuesday while hosting a delegation of monarchs led by Ghandi Olaoye, the Soun of Ogbomosoland, Tinubu said Nigeria had been dragged down for years by corruption, fake records, smuggling, and fraudulent currency trading. “We had to take those actions [reforms]. With your prayers, patience, perseverance and understanding, I can tell you today that the economy is stabilised. The bleeding has stopped. Haemorrhage is gone; the patient is alive,” Tinubu said, according to Bayo…

The Federal Competition and Consumer Protection Commission (FCCPC) has introduced new regulations to address harassment, data breaches, and exploitative practices in Nigeria’s digital lending space. In a statement on Wednesday, the FCCPC said the digital, electronic, online, or non-traditional consumer lending regulations, 2025 also known as the DEON consumer lending regulation were officially gazetted and took effect on July 21. The commission said the rules, issued under the Federal Competition and Consumer Protection Act (2018), will serve as a comprehensive framework for registration, transparency, and ethical loan recovery. The agency said the document is also the framework for data privacy…

The naira appreciated to N1,521.45 per dollar at the official section of the foreign exchange (FX) market on Wednesday. Data from the Nigerian Foreign Exchange Market (NFEM) shows the currency gained 0.3 percent from N1,526.05/$ recorded on September 2. The latest record marks the naira’s strongest performance since July 14, when it exchanged at N1,518.88 per dollar, according to data from the Central Bank of Nigeria (CBN). The currency has been relatively stable at the official market in September. From September 1 to September 3, the local currency appreciated steadily against the greenback. On September 1, the naira strengthened to…

The Federal Government has declared September 5 as a public holiday to mark this year’s Eid-ul-Maulud celebration. Olubunmi Tunji-Ojo, minister of interior, announced the holiday on Wednesday in a statement signed by Magdalene Ajani, permanent secretary of the ministry. The Eid-ul-Maulud celebration is in commemoration of the birth of the Holy Prophet Muhammad (PBUH). Tunji-Ojo congratulated Muslims in Nigeria and across the world on the occasion. He urged the faithful to reflect on the prophet’s virtues of peace, love, humility, tolerance and compassion, adding that such values are critical to building a united and prosperous nation. The minister also implored…

Swiss food giant Nestle has dismissed Laurent Freixe as chief executive with immediate effect over an “undisclosed romantic relationship with a direct subordinate”. The multinational behind Nespresso coffee capsules and KitKat chocolate bars said Freixe’s dismissal followed an investigation. In a swift move, Nespresso CEO Philipp Navratil was appointed to take over by his fellow board members. “The departure of Laurent Freixe follows an investigation into an undisclosed romantic relationship with a direct subordinate which breached Nestle’s code of business conduct,” a statement said. The board said it had ordered an investigation overseen by chairman Paul Bulcke and lead independent…

President Bola Tinubu has directed the recall of Salihu Abdullahi,  Dembos as director-general of the Nigerian Television Authority (NTA) and Ayo Adewuyi as executive director of news. The decision, conveyed in a statement on Tuesday by Bayo Onanuga, special adviser to the president on information and strategy, effectively restores the two senior executives to their tenures, which were briefly disrupted by changes in NTA management. On August 20, the president made a series of new appointments in NTA, including the appointment of Rotimi Pedro as the director-general of NTA, while Stella Din as executive director of news. Tinubu also appointed…

The Nigerian National Petroleum Company (NNPC) Limited has appointed Andy Odeh as its chief corporate communications officer. Adeh’s appointment comes two months after the resignation of Femi Soneye as NNPC’s spokesperson. In a statement on Tuesday, the national oil company also announced the appointment of Morenike Adewunmi as chief relations officer. According to the oil firm, Odeh has over three decades of extensive experience in communications and business administration across the oil and gas, advertising, and broadcasting industries. Before joining the NNPC, he had a 26-year career at Nigeria LNG (NLNG). “There, he held various leadership roles in Community Relations…

President Bola Tinubu has announced that Nigeria has already met its 2025 revenue target ahead of schedule, eliminating the need for additional borrowing. He disclosed this while receiving members of The Buhari Organisation (TBO), led by former Nasarawa State governor, Tanko Al-Makura. The president said the development was driven by non-oil earnings, noting that the country has made progress in stabilising the economy despite external pressures. “Nigeria is not borrowing. We have met our revenue target for the year and we met it in August,” he said. “The economy is stabilised; nobody is trading piece of paper for exchange rate…

The Federal Government has announced that it has gone paperless in the Ministry of Interior with the official launch of the Interior Electronic Records and Archiving System (INTERAS), an 8.3 petabyte tier-4 data centre electronic workflow hub. Minister of Interior, Dr. Olubunmi Tunji-Ojo, made this known at an event to mark the launch of the initiative and the commissioning of the ministry’s Information and Communication Technology (ICT) Room, in line with the “Go-Live Enterprise Content Management (ECM) system of the federal government,” yesterday in Abuja. He said that with the introduction of the tier-4 data centre, the Ministry of Interior…

President Bola Tinubu has congratulated Vice President Kashim Shettima on his 59th birthday, describing him as a loyal partner whose dedication continues to justify his choice as deputy. In a statement on Monday to celebrate the Vice President, Tinubu hailed Shettima as a “brother, co-traveller, and partner in nation-building,” praising his courage, tenacity, and belief in Nigeria’s greatness. “Every day as Vice President, you have strengthened our work, brought fresh perspectives, and upheld our commitment to Nigerians. Your dedication reassures me that I did not make a mistake in choosing you,” the President said. He commended Shettima’s record as two-term…