Musk scales back political role after Tesla woes, Starship launch falters
Elon Musk admits spending ‘a bit too much time on politics’ after Tesla stock plunge, vowing to refocus on SpaceX and Tesla
Headlines
Nigeria’s economy shows signs of life under Tinubu’s reforms – FT Editorial
Halfway through his term, Tinubu’s reforms have stabilized Nigeria’s economy, with growth expected to hit 3.7%—the best since 2014
Nigeria’s debt to exceed N180 trillion as Tinubu seeks fresh N34 trillion loans
President Tinubu seeks National Assembly approval for $21.5 billion foreign loan and N757.9 billion domestic bond, pushing Nigeria’s total debt past N180 trillion.
Ghanaian embassy in Washington D.C shut over visa and passport scams
Ghana suspends all locally recruited staff and recalls diplomats amid investigation into a five-year visa scam
FG warns foreign aircraft over repeated airspace violations
The Federal Government has taken decisive action to curb repeated airspace violations by foreign aircraft operating without proper clearance in Nigeria’s sovereign airspace.
Wike ignores Tinubu’s order, halts FIRS activities again
Federal Capital Territory (FCT) Minister Nyesom Wike has been accused of ignoring President Bola Tinubu’s directive and disrupting Federal Inland Revenue Service (FIRS) operations for a second consecutive day.
Wike acting like co-president, Momodu says after Tinubu overrules Abuja seizures
“We used to think we had two Presidents in Nigeria… now we know Wike has a boss who can checkmate his excesses,” Momodu added.
Black Market Dollar to Naira exchange rate today 27th May 2025
The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for ₦1610 and sell at ₦1625 on Monday 26th May, 2025, according to sources at Bureau De Change (BDC).
FG starts paying minimum wage arrears to civil servants
The federal government has commenced payment of the N35,000 wage award arrears to civil servants, the Office of the Accountant General of the Federation (OAGF) announced in Abuja.
Chaos as vehicle drives into pedestrians at Liverpool celebration
Footage from Liverpool city centre shows the chilling moment a car accelerates into a crowd during the Premier League victory parade.