News
Cardoso says Tinubu’s Tough Reforms Are Showing Positive Results For Nigeria
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, says the economic reforms introduced by President Bola Tinubu’s administration in the past eighteen months are tough but already yielding positive results.
Cardoso made this known in excerpts released after the 2025 IMF and World Bank Spring Meetings in Washington D.C. He said Nigeria’s delegation attended the meetings to showcase the economic steps taken under Tinubu’s leadership.
According to him, the country has strengthened its monetary buffers and is now in a better position to withstand external shocks. He assured Nigerians that although the reforms are not easy, they are pushing the economy from a place of weakness toward one of growing strength.
Since 2023, Tinubu’s government has rolled out major reforms like liberalising the foreign exchange market and removing fuel subsidies. Under Cardoso’s leadership, new measures like the FX code, the Electronic Foreign Exchange System (EFEMS), and the recapitalisation of the financial system were also introduced.
Meanwhile, Nigeria’s inflation dropped to 23.18 percent in March 2025, while the interest rate stood at 27.50 percent in February, even as the cost of living remained high.
News
Man Found Alive Nearly Two Weeks After Balogun Market Fire Incident
An update has been shared on the burnt building at Balogun Market on Lagos Island, as it was revealed that a man was rescued 11 days after the building caught fire.
According to reports, the man was found alive on January 6, 2026, after being discovered under the rubble of the collapsed structure.
The survivor has since been taken for proper medical care, while further details are yet to be released.
Meanwhile, passersby and market traders have expressed concern, fearing that more people may still be trapped alive inside the building.
News
Anthony Joshua Discharged from Hospital After Fatal Car Crash
It has been reported that Anthony Joshua has officially been discharged from the hospital following the terrible car crash that claimed the lives of his two closest friends and supporters.
The boxing star was deemed stable enough to go home after the accident. After his discharge, he visited the funeral to pay his respects and see the bodies of his two friends.
Many have expressed grief and offered their support to the boxing star, praying that he will be able to find peace, as grief will undoubtedly be one of the most painful challenges he will face in life.
News
‘Government Prioritizes Money More’ — PDP Calls Out FG On New Tax Law
It has been shared that the Peoples Democratic Party (PDP) is calling on the federal government to suspend the tax law set to take effect on January 1, 2026.
This was revealed in a statement released by Ini Ememobong, National Publicity Secretary of the PDP. He stated that this new law shows how Nigerians and the masses will be affected, arguing that the government is prioritizing finance over security and other pressing matters.
“Rather than address these issues comprehensively, the Presidency has consciously minimized them and instead insisted that the commencement date must stand, despite the discrepancies,” the party said, adding that this “clearly shows where the priority of the government lies between Nigerians and money.”
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