…has linked such a possibility to capital flight and weaker investor confidence if reforms are reversed. These are plausible channels, but the specific exchange-rate projection requires evidence and clearly-stated assumptions. “The naira is influenced by foreign-exchange supply and demand, crude-oil receipts, domestic p…

…over wealthy individuals. Upon assuming office, Tinubu’s administration introduced reforms to Nigeria’s tax system, which elicited mixed reactions, with many Nigerians expressing concerns that the changes could adversely affect the middle class. However, the Presidency has repeatedly dismissed such concerns, insisting…

…and Ariaria, Aba, Abia State, as requiring sustained government attention under the reform.Ibrahim said the CWC initiative had recorded progress in Kano, while projects in Lagos and Anambra required continued attention to ensure their completion and effective operation.He added that Abia State Governor, Alex Otti, had…

…labour as they seek to reconcile workers’ welfare with public finances amid economic reforms and rising expectations ahead of the 2027 general elections. Ajaero said the government must address the declining purchasing power of workers rather than wait for organised labour to embark on industrial action before introduc…

…figures and other political actors questioning aspects of the government’s economic reforms. In a related development, the Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, warned earlier this month that restoring petrol subsidy could push the pump price to at least N2,000 per litre and weake…

…have climbed to ₦31.48 trillion, as the National Pension Commission (PenCom) says its reforms are delivering higher monthly payments, clearing outstanding benefits and shortening the wait for retirement income.For workers approaching retirement and pensioners struggling with living costs, the changes promise relief fro…

…from Saudi Arabia, expressing hope that he would not regret the decision. He called for reforms in medical education to increase the number of healthcare professionals trained in Nigeria. “The cut-off mark to admit students to study medicine in the university is too much. Schools need to create room to train more healt…

…Insecurity and Governance Challenges in Nigeria’, Seghosime said economic reforms would only be successful when Nigerians felt their impact in their homes and businesses. Represented by the First Deputy Vice President of ICAN, Dr Oye Akinsulire, she said Nigeria had reached a critical point where the difficult reforms…

…as the Federal Government (FG) said it has intensified efforts to translate economic reforms into faster growth, job creation and improved living standards. Banga spoke on Monday during a meeting with the Minister of Finance and Coordinating Minister of the Economy, Mr. Taiwo Oyedele, and the Governor of the Central Ba…

…particularly vulnerable countries, in global financial institutions. He called for reforms that would make the international financial architecture more responsive to the changing structure of the global economy and the needs of developing countries. “We emphasised the importance of strengthening the voice and represen…

…and expressed confidence that the governor's second term would consolidate ongoing reforms.

…for about 92 percent of the nation’s workforce, it must be included in the pension reform for it to be considered successful. She spoke on the theme, “From Reform To Reality, Renewed Hope, Pension Security for Nigerians”. The D-G said that her team was giving the Personal Pension Plan for the informal sector a very str…

…foothold if we give them one," he said.McCallum also referred to the reported killing of Reform UK spokeswoman Ann Widdecombe as "part of a concerning trend of violence" against political figures. According to the report, Widdecombe, 78, was killed at her home in Haytor, Devon, in July. Joshua Kerry, 28, has been charg…

The Evangelical Reformed Church of Christ announced the passing of Rev. Moses Burris on Tuesday, October 13, 2026The ERCC described the late cleric as a father, pastor and mentor whose life was marked by humility and commitment to GodThe church prayed for comfort for the deceased's family while mourning what it called…

…and expressed confidence that the governor's second term would consolidate ongoing reforms.

…projections and repeated extensions of implementation periods. This indicates that a reform in the budgeting processes is imperative. Our budgets do not take cognisance of the economic environment even at the conception level. The annual budget formulation foundation is often faulty. I sometimes wonder whether the econ…

…Fitch Ratings’ revision of Nigeria’s economic outlook to positive reflects sustained reforms, stronger external reserves and moderating inflation. Fitch, on Friday, revised Nigeria’s Long-Term Issuer Default Ratings outlook to positive from stable, while affirming the country’s rating at ‘B’. The Minister of Finance an…

…business environment reflected the effects of "painful but necessary" structural reforms introduced by President Bola Tinubu's administration.The report said fuel subsidy removal and foreign exchange liberalisation initially caused significant economic volatility, although indicators in early 2026 suggested some stabil…

…petrol prices and the economic pressures associated with the Tinubu administration’s reforms. The Federal Government recently announced a 30-day petrol discount at outlets operated by the Nigerian National Petroleum Company Limited. The move attracted criticism from opposition politicians and other Nigerians, who quest…

…Contractors, Capt Ado Sanusi, called on Federal Government to focus on genuine industry reform, among other issues. Background: We believe this administration has done well in infrastructure, but we are telling the administration that policy in the sector must address the specific challenges of the industry. I do under…

…office, but argued that the hardship is a direct result of the administration's economic reform programme. Bwala, who is the special adviser on policy communication, made the acknowledgement on Wednesday night, October 7, while speaking on Politics Today, a Channels TV programme, where he also responded to a recent rep…

…cent during the period. The report attributed the improvement partly to exchange-rate reforms, petrol subsidy removal, stronger revenue administration and increased allocations from the federation account.See more Punch stories on Google.Add Punch on Google It said states also benefited from refunds, settlement of long…

…released in Abuja, yesterday, with the bank assuring that if the government sustained it reforms, poverty and inflation would continue to be on the downward trend. “Economic activity in Nigeria is projected to strengthen from 4.0 percent in 2025 to 4.3 percent in 2026, before edging up to 4.4 percent annually in 2027–2…

…said the engagements reflected its emphasis on “translating Nigeria’s financial-sector reforms into stronger international partnerships, deeper markets and practical channels for investment, trade and financial innovation.” In discussions with MAS, the CBN delegation “exchanged perspectives on financial-sector developm…

…across the financial sector. Young workers are at the centre of this transition and the reforms that accompany it. While these reforms are necessary to strengthen capital bases, improve technological capacity and enhance market performance, they should not come at the expense of workers’ rights, job security, fair wage…