On June 2, 2025, the Nigerian Presidency announced plans to pay ₦2 trillion of the ₦4 trillion owed to electricity distribution companies (DisCos) by federal agencies, aiming to stabilize the
On June 1, 2025, the Federal Government launched a dairy self-sufficiency program, importing 5,000 Danish Holstein cows to reduce Nigeria’s $1.5 billion annual milk import expenditure. Agriculture Minister Abubakar Kyari,
The Federal Government of Nigeria, through the Office of the National Security Adviser (ONSA), announced on May 30, 2025, the inaugural National Cybersecurity Conference (NCSC 2025), scheduled for October 14-16,
Access Bank Plc, Nigeria’s largest lender by assets, completed its acquisition of the National Bank of Kenya (NBK) from KCB Group on May 30, 2025, in a $100 million deal,
U.S. President Donald Trump declared on May 29, 2025, his intention to double tariffs on steel and aluminum imports to 50%, targeting countries like China, Canada, and Mexico to protect
Mauritanian economist Sidi Ould Tah was elected the ninth president of the African Development Bank (AfDB) on May 29, 2025, during the bank’s Annual Meetings in Abidjan, Côte d’Ivoire. Tah,
The World Bank released a report in May 2025 stating that strategic investments in logistics and supply chain infrastructure could reverse Africa’s food insecurity trend, which affects over 280 million
Minister of Interior, Olubunmi Tunji-Ojo announced that the Federal Government had cleared a backlog of over 200,000 unprocessed passport applications and settled ₦28 billion in legacy debts owed to contractors
Vice President Kashim Shettima declared on May 24, 2025, during a governance summit in Abuja, that the Tinubu administration’s reforms are poised to resolve 80% of Nigeria’s bureaucratic challenges, which
Nigeria’s broadband penetration reached 48.15% in April 2025, up from 43.53% in 2024, according to the Nigerian Communications Commission (NCC), reflecting significant progress in expanding internet access across the country.
