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Nigeria Cuts Petrol Imports as Local Refining Rises in December

KEY POINTS Petrol imports fell by 19 percent in December, while local refinery supply jumped by 64 percent. Total petrol supply averaged 74.2 million litres daily, up from November levels. Daily petrol consumption rose to a record 63.7 million litres, the highest in 2025. Nigeria...
Politics

Abia Obidient Group Denies Threat to Withdraw Support for Otti

Abia’s Obidient Movement says reports linking its support for Governor Alex Otti to ADC defection plans are false and misrepresent its position.

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Trump Recalls US Ambassador To Nigeria Amid Major Diplomatic Shake-Up

Trump recalls the US ambassador to Nigeria and several other diplomats, signaling a major diplomatic reshuffle across multiple regions.
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ADC: Tinubu’s 2026 Budget Risks Nigeria’s Financial Future

ADC criticizes Tinubu’s 2026 budget, warning that heavy borrowing and optimistic revenue forecasts could deepen Nigeria’s debt crisis.
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BUA Founder Shares Rare Holiday Glimpse After Staff Bonus

Days after approving a landmark employee cash reward, Abdul Samad Rabiu shared a rare personal moment as BUA posts record profits and expands operations.
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US Envoy Says Visa Curbs Tied to Security Talks

The US envoy says visa rules reflect security cooperation talks, stressing diplomacy and shared responsibility between Nigeria and the United States.
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Dangote NMDPRA Dispute Sparks Call for Strong Institutions

Nigeria’s oil workers union urges stronger institutions as tensions between Dangote Group and the petroleum regulator raise governance concerns.
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Naira Weakens After Central Bank Sells Dollars

Naira depreciation continued despite central bank dollar sales, highlighting persistent demand pressure and cautious sentiment across Nigeria’s foreign exchange market.
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Nigerian Presidency Quells Uproar Over New Tax Legislation

KEY POINTS The Nigerian presidency has intervened to clarify alleged discrepancies between passed and...
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Dangote Slashes Fuel Price, Demands Nationwide Compliance at MRS Stations

KEY POINTS Dangote Refinery has set a new petrol price of ₦739 per litre...
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Hardship Casts Shadow Over Christmas for Onitsha’s Poor

Christmas brings little relief in Onitsha as economic hardship forces poor residents to depend on charity for food and cash.
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Unprecedented Takeover: Dynamics and Implications of APC’s Dominance of the National Assembly

Defections and court rulings give the APC a two-thirds majority in the National Assembly, reshaping power and oversight in Nigeria.
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Peter Obi: Not Criminalising Vote Buying at Primaries Hurts Democracy

Peter Obi faults lawmakers for failing to criminalise vote buying at party primaries, warning the practice damages Nigeria’s democracy.
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7 Ways to Prepare Adequately for the New Year

Learn how to prepare for the new year with practical tips for goals, finances, routines, and emotional wellbeing.
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Business

Nigeria Cuts Petrol Imports as Local Refining Rises in December

KEY POINTS Petrol imports fell by 19 percent in December, while local refinery supply...
Politics

Abia Obidient Group Denies Threat to Withdraw Support for Otti

Abia’s Obidient Movement says reports linking its support for Governor Alex Otti to ADC defection plans are false and misrepresent its position.
News

Aid Cuts Deepen Hunger in Northeast Nigeria, WFP Says

WFP warns that aid cuts in northeast Nigeria are deepening hunger as funding shortfalls force sharp reductions in food and nutrition assistance across the region.
Business

Tony Elumelu Urges CEOs to Lead With Trust, Not Titles

Tony Elumelu says modern leadership is built on trust, accessibility and execution, not hierarchy, as his businesses post landmark banking and energy deals.

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