By Abiola Olawale The Nigerian Presidency has officially unveiled the names of 175 beneficiaries granted clemency under President Bola Tinubu's presidential prerogative of mercy. The announcement, ratified by the Council of State on October 9, 2025, includes posthumous pardons for iconic figures like Herbert Macaulay and Major-General Mamman Vatsa, alongside living convicts such as former…
By Abiola Olawale Fitch Ratings has reaffirmed Nigeria's Long-Term Foreign-Currency Issuer Default Rating at 'B' with a Stable Outlook. Fitch said the affirmation comes amid Nigeria's ongoing battle against high inflation. The country’s new economic status was reviewed in a report published on Friday. According to the report, “Nigeria’s ‘B’ rating is due to its…
By Obinna Uballa Nigeria’s public debt burden has risen to an unprecedented N152.40 trillion as of June 30, 2025, marking a N3.01 trillion or 2.01% increase from N149.39 trillion recorded at the end of March, according to the latest figures from the Debt Management Office (DMO). In dollar terms, the debt profile climbed from $97.24…
By Abiola Olawale The Peoples Democratic Party (PDP) has called on the Senate to apply a measured approach for the confirmation of Professor Joash Ojo Amupitan as the new Chairman of the Independent National Electoral Commission (INEC). The PDP's statement, issued Friday by its National Publicity Secretary, Debo Ologunagba, warned against hasty approval of President…
By Obinna Uballa The United Kingdom has announced a new temporary work visa pathway covering 82 mid-skilled occupations, including artists, human resource officers, carpenters, and plumbers, in a bid to fill growing labour shortages across key sectors of the economy. The move follows a new report released on Thursday by the Migration Advisory Committee (MAC),…
By Obinna Uballa The United States government has blasted the Norwegian Nobel Committee for what it described as a politically motivated decision after President Donald Trump was overlooked for the 2024 Nobel Peace Prize. In a strongly worded statement posted early Friday on X (formerly Twitter), White House Communications Director Steven Cheung accused the committee…
By Abiola Olawale The Nigerian Senate has handed the Finance Ministry a two-week deadline to deliver a detailed performance report on the 2024 budget. The New Diplomat reports that the directive emerged from a high-stakes closed-door meeting at the National Assembly between the Senate Committee on Finance and President Bola Tinubu's economic team. Led by…
Why Uche Nnaji’s Ministerial Nomination Was Confirmed By Senate -- Ndume Reveals By Abiola Olawale Senator Ali Ndume, the lawmaker representing Borno South Senatorial District of Borno State at the Senate has clarified the Nigerian Senate's mandate in vetting presidential nominees. The lawmaker made this clarification after the resignation of Uche Nnaji as the Minister…
By Abiola Olawale The Israeli government has withdrawn its army forces from Gaza as a ceasefire officially begins on Friday. It was gathered that the Israeli army said that its troops had ceased fire at noon (0900 GMT) “in preparation for the ceasefire agreement and the return of hostages.” Israeli Prime Minister Benjamin Netanyahu’s office…