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Insecurity and Power Shortages Continue to Challenge Nigerian Businesses — CBN

KEY POINTS Insecurity and erratic power supply remain the top operational constraints for Nigerian businesses, followed by taxes, high interest rates, and financial challenges. Business confidence is improving, with optimism in industry, agriculture, and services sectors, and expectations of higher employment and expansion in...
Business

Nigeria Seeks $150 Billion to Boost Vaccine Procurement for 2026

KEY POINTS Nigeria plans to raise nearly $150 billion for vaccine procurement in 2025 and 2026 to strengthen its health sector and reduce dependence on foreign aid. Federal health spending has risen sharply, with allocations now at 5.2 per cent of the national budget...

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News

Nigeria’s Cement Prices Surge Amid Rising Production Costs, Smuggling

Cement prices in Nigeria have soared due to rising production costs and smuggling to neighboring countries. Discover how these factors are affecting both consumers and manufacturers.
News

Lagos Fuel Shortage Causes Long Lines, Price Hikes Amid Station Closures

Lagos is facing a severe fuel shortage, causing long lines and skyrocketing prices. Learn how station closures and economic challenges are impacting daily life.
News

Nigeria’s Inflation Rate Drops, But Consumers Still Struggle

Nigeria’s inflation rate has fallen to 18.7%, but consumers are still struggling with high costs and economic challenges that affect daily life.
News

 Former BBC Editor Soyinka Released After DSS Detention

The DSS has released former BBC editor Adejuwon Soyinka after several hours of detention, amid rising concerns over a crackdown on journalists in Nigeria.
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Twenty Abducted Medical Students Rescued in Benue

Twenty medical students abducted in Benue State have been rescued by security forces. The incident highlights ongoing security challenges in Nigeria.
Politics

Supreme Court Confirms Ododo’s Win in Kogi Governorship Election

The Supreme Court has upheld Usman Ododo's election win in Kogi, dismissing multiple appeals against his governorship victory.
News

Parents of Kidnapped Nigerian Students Beg for Swift Rescue

Desperate parents of kidnapped Nigerian medical students are urging the government to act swiftly to rescue their children amid high ransom demands and threats.
News

Benue APC Sues Ganduje Over Court Order Defiance Amid Leadership Crisis

Benue APC leadership sues Ganduje for contempt after NWC defies court order, escalating the party’s internal crisis.
Business

Leaked Documents Reveal Seyi Tinubu Co-Owned Offshore Company with Chagoury

Leaked documents reveal Seyi Tinubu co-owned an offshore company with Ronald Chagoury Jr., sparking concerns over a $13 billion contract.
News

Nigerian Government’s Efforts to Curb ‘Japa’ Exodus Face Skepticism

The Nigerian government faces skepticism as it tries to curb the "Japa" phenomenon, with many citizens still seeking better opportunities abroad.
News

Labour Party Dismisses Claims of Alliance With APC in Edo

The Labour Party firmly denies allegations of an alliance with the APC in the Edo State governorship race, emphasizing Olumide Akpata’s independent campaign and commitment to party ideals.
News

Amid Economic Hardship, President Tinubu Spends N2.3 Billion on Foreign Trips in Six Months

Amid economic hardship, President Tinubu's foreign trips cost N2.3 billion, drawing criticism as Nigerians face inflation and hardship.
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Business

Insecurity and Power Shortages Continue to Challenge Nigerian Businesses — CBN

KEY POINTS Insecurity and erratic power supply remain the top operational constraints for Nigerian...
Business

Nigeria Seeks $150 Billion to Boost Vaccine Procurement for 2026

KEY POINTS Nigeria plans to raise nearly $150 billion for vaccine procurement in 2025...
News

AAC Condemns FCT Minister Over Mobile Phone Ban for Workers

KEY POINTS The AAC FCT Chapter condemned Wike’s directive banning mobile phone use by...
News

Namu Community Gets Power After 20 Years

The Namu solar project ends over 20 years of darkness, bringing electricity and new economic opportunities to rural Plateau State

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