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...
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...
Pat Utomi, a professor of political economy, says INEC and the Tinubu administration are working in concert to neutralize opposition parties before 2027.
Armed bandits abducted a University of Jos student along the Kaduna highway, posted torture videos in his class group chat and demanded N30 million ransom.
Finance Minister Olawale Edun on Tuesday warned against subsidy reversals at the World Bank/IMF Spring Meetings in Washington, urging developing nations to hold reform gains as global shocks intensify pressure to abandon hard-won policy progress.
The International Monetary Fund cut Nigeria's 2026 growth forecast to 4.1 percent, down from 4.4 percent, citing higher commodity costs and shipping disruptions.
Nigeria's power subsidy obligation reached N418.79 billion in the fourth quarter of 2025, a decline of N39.96 billion from the third quarter, according to the Nigerian Electricity Regulatory Commission.
Aliko Dangote's Lekki refinery turned Nigeria into a net petrol exporter last month, ending decades in which Africa's largest oil producer sent crude abroad only to import finished fuel.
Nneka Onyeali-Ikpe secured Fidelity Bank's recapitalization with a N259 billion private placement of ordinary shares on Dec. 31, 2025, pushing eligible capital to N564.5 billion and clearing the Central Bank of Nigeria's N500 billion threshold.