CBN Projects Current Account Surplus to Hit $18.81bn in 2026

The Central Bank of Nigeria (CBN) has said that Nigeria’s current account balance is expected to rise to $18.81 billion in 2026, from $16.94 billion recorded in 2025. According to the Central Bank of Nigeria’s (CBN) 2026 Macroeconomic Outlook for Nigeria, the increase represents 11.16% of GDP, from 10.94% in 2025. Increased portfolio investment inflows and external…

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Trump Shares Welfare Data Highlighting Nigerian Immigrant Participation Rates

U.S President Donald Trump has shared a chart detailing welfare participation rates among immigrant households in the United States, claiming that about 33.3 per cent of Nigerian immigrant households receive some form of public assistance. The chart was posted on Trump’s Truth Social platform yesterday, amid renewed Republican focus on immigration policy, welfare dependency, and…

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Makinde Reshuffles Cabinet, Appoints New SSG, others

Oyo State Governor, Seyi Makinde, today, announced a cabinet reshuffle. According to a statement released by his Special Adviser on Media, Sulaimon Olanrewaju, in Ibadan, the state capital, Governor Makinde relieved the Secretary to the State Government, Prof Olanike Adeyemo, of her appointment with immediate effect. He said, “Prof Musibau Babatunde has been appointed as…

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Obi not Negotiating for Atiku’s Running Mate Slot — Obedient coordinator

The National Coordinator of the Obedient Movement Worldwide, Dr Yunusa Tanko, has ruled out any possibility of former Anambra State Governor Peter Obi accepting a vice-presidential slot ahead of the 2027 general election. Tanko, an ally of Obi, made the clarification in an exclusive interview with responding to speculation that the former Labor Party presidential candidate…

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Canada Deports 366 Nigerians as 974 Face Removal

Canada deported no fewer than 366 Nigerians between January and October 2025 as the country stepped up immigration enforcement at its fastest pace in more than a decade, official figures have revealed. Data obtained from the Canada Border Services Agency (CBSA) removals programme also showed that an additional 974 Nigerians are currently listed under “removal…

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Sanwo-Olu Confirms Eight Dead in Lagos GNI Fire

Lagos State Governor, Babajide Sanwo-Olu, yesterday, confirmed that eight people lost their lives in the fire that ravaged the 22-storey Great Nigeria Insurance, GNI, Building on Martins Street, Lagos Island, on Christmas Eve.The governor announced immediate measures, including the demolition of structurally compromised buildings within the affected area.Governor Sanwo-Olu disclosed that five of the victims…

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