World Bank approves $1.25bn financing for Nigeria, unveils six-year growth strategy

Posted on July 1, 2026 by Hot Source

The framework outlines the lender’s strategy for supporting Africa’s largest economy over the next six years.

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Otunola inaugurated as Honorary Consul of Mexico in Lagos, strenghtening Nigeria–Mexico relations

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March 10, 2026
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L-R: His Excellency, Alfredo Miranda, Ambassador of Mexico to Nigeria; Mrs 'Bimbola Salu-Hundeyin, Secretary to the State Government, Lagos State, representing Governor Babajide Sanwo-Olu of Lagos State; 'Biodun Otunola, Honorary Consul of Mexico; and his wife, Mrs Favour Otunola, during the inauguration of the Honorary Consul of Mexico in Lagos held on Monday, 9, 2026, in Lagos.

The inauguration ceremony brought together members of the diplomatic corps, senior government officials and leaders from the business community

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2027 Polls: Tinubu directs political appointees to resign

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March 17, 2026
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President Bola Tinubu

President Tinubu says the directive is pursuant to the provisions of Section 88(1) of the Electoral Act, 2026, as well as the timetable issued by INEC for party primaries ahead of the 2027 general elections.

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