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Nigeria’s Inflation Rate Climbs to 15.69% in April Despite Slower Food Price Growth

KEY POINTS Nigeria’s inflation rate rose slightly to 15.69% in April 2026 after the NBS rebased the Consumer Price Index. Food prices remained the largest contributor to inflation, although food inflation slowed compared to last year. Sokoto recorded the highest inflation rate nationwide, while...
News

Suspected Gas Leak Sends Ogun Students to Hospital, Sparks Panic in Ijebu Ode

KEY POINTS Several students were hospitalised after a suspected gas leak at Anglican Girls Grammar School in Ijebu Ode. Ogun authorities detected elevated methane levels and launched an emergency investigation into the source. The incident occurred weeks after a similar suspected gas leak affected...

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Nigeria's top four brewers grew combined profit 117 percent to N317.2 billion in 2025 on N2.8 trillion in revenue, driven by aggressive product re-pricing.
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Cardoso warns bank directors to strengthen governance or face regulatory action

CBN Governor Olayemi Cardoso has warned Nigerian bank directors to strengthen corporate governance or face decisive regulatory action following the recent recapitalization exercise.
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Investors gain N26.5trn on Nigerian Exchange in April

Nigerian stock investors pocketed 26.5 trillion naira in April as the All-Share Index surged 20.13 percent and market cap climbed to a record 155.7 trillion.
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Business

Nigeria’s Inflation Rate Climbs to 15.69% in April Despite Slower Food Price Growth

KEY POINTS Nigeria’s inflation rate rose slightly to 15.69% in April 2026 after the...
News

Suspected Gas Leak Sends Ogun Students to Hospital, Sparks Panic in Ijebu Ode

KEY POINTS Several students were hospitalised after a suspected gas leak at Anglican Girls...
Politics

Tambuwal Steps Down from Sokoto South Senate Race

KEY POINTS Aminu Tambuwal has withdrawn from the Sokoto South Senate race under the...
News

Gunmen Kill Teacher, Abduct Principal and Students in Oyo School Attack

KEY POINTS Gunmen attacked Community High School in Oriire LGA of Oyo State, killing...