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Nigeria’s Inflation Edges Up to 15.38% in March After Year of Decline

KEY POINTS Headline inflation rose to 15.38% in March 2026, its first increase in 12 months. Monthly inflation accelerated sharply, with both headline and core rates rising significantly. Food and core inflation declined year-on-year, but short-term price pressures remain evident. Nigeria’s headline inflation rate climbed...
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Plateau Government Eases Curfew in Jos North as Security Situation Improves

KEY POINTS Plateau State reduced the Jos North curfew to 7:00 p.m. – 5:00 a.m. following improved security conditions. The decision was made after consultations and reviews with security agencies. Residents were commended for cooperation and urged to remain vigilant while peace efforts continue. The...

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Tinubu Order May Add N14.6 Trillion to Federation Account

Executive order may add N14.57 trillion to the Federation Account as oil and gas revenues are redirected from PIA deductions.
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Tinubu Signs Executive Order to Boost Oil Revenue Remittances

Tinubu signs Executive Order to eliminate PIA deductions and increase oil revenue remittances to the Federation Account.
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Nigeria Crude Oil Production Rises 5.8 percent to 1.64mbpd

Nigeria crude oil production reaches 1.64mbpd in 2025, with indigenous producers accounting for more than half of total output.
Business

MTN Agrees $6.2 Billion Deal to Buy IHS Holding

MTN IHS acquisition in a $6.2 billion all-cash deal would delist the tower operator and reshape Africa’s digital infrastructure landscape.
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Coleman Seeks N50 Billion in Commercial Paper For Expansion

Coleman commercial paper issuance of N50 billion will fund expansion and fibre optics growth as the Nigerian cable maker returns to debt markets.
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Dangote Predicts Naira Could Strengthen to N1,100 This Year

Dangote says a stronger naira could reach N1,100 per dollar this year as import controls and domestic production reshape Nigeria’s currency outlook.
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Nigeria’s Inflation Rate Dips Slightly to 15.1%

KEY POINTS Nigeria’s inflation rate edged down to 15.1 percent in January 2026, showing...
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Dangote Signs $400 Million XCMG Deal to Expand Refinery

Dangote signs a $400 million equipment deal with XCMG to accelerate refinery expansion and boost petrochemical and fertilizer production capacity in Nigeria.
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Flutterwave CEO Backs Terra Industries in $22 Million Funding

Terra Industries funding hits $34 million as Flutterwave CEO Olugbenga Agboola backs the Nigerian defense tech startup’s African and Saudi expansion plans.
Business

Abdul Samad Rabiu Climbs to Africa’s Fourth Richest

Abdul Samad Rabiu net worth reaches $11.3 billion, lifting the Nigerian industrialist to fourth richest in Africa on the Bloomberg Billionaires Index.
Business

Globacom Pledges N1 Billion to Lagos Security Trust Fund

Globacom commits N1 billion to the Lagos State Security Trust Fund to support surveillance expansion and emergency response improvements in Nigeria’s largest city.
Business

Eno Defends Akwa Ibom Oil Wells Claim

Governor Umo Eno defends Akwa Ibom oil wells ownership, citing Supreme Court rulings amid renewed Cross River revenue claims.
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Nigeria’s Inflation Edges Up to 15.38% in March After Year of Decline

KEY POINTS Headline inflation rose to 15.38% in March 2026, its first increase in...
News

Plateau Government Eases Curfew in Jos North as Security Situation Improves

KEY POINTS Plateau State reduced the Jos North curfew to 7:00 p.m. – 5:00...
News

Agboola Ajayi Declares 2027 Senate Bid

KEY POINTS Ajayi declares 2027 Senate bid, citing extensive political experience across all levels...
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United Nigeria Airlines Grounds CRJ-900 Aircraft After Bird Strike at Abuja Airport

KEY POINTS A United Nigeria Airlines CRJ-900 aircraft was grounded after a bird strike...