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...
Nigeria's electricity regulator says the federal government absorbed N418.79bn in power subsidies in the fourth quarter of 2025, as sector losses exceeded N300bn.
Energy economist Prof. Ken Ife on Monday rejected World Bank fuel importation recommendations in its latest Nigeria Development Update, warning they violate the Petroleum Industry Act and undermine Nigeria's push for energy self-reliance.
The Nigerian Airspace Management Agency on Tuesday rejected claims from air traffic controllers that Nigerian airspace safety had deteriorated to dangerous levels, insisting that its communications, navigation and surveillance infrastructure remains operationally sound.
Peter Obi on Monday signaled he could leave the African Democratic Congress if its internal processes fall short, telling Arise Television's Prime Time that integrity in political structures is non-negotiable for him.
FG domestic borrowing reached N8.1 trillion in the first quarter of 2026, a 7.4 percent year-on-year rise that already overshoots the quarterly benchmark the 2026 Appropriation Act implies.
Nigeria's manufacturing sector contributed N2.05 trillion in total taxes in 2025, with VAT and Company Income Tax both posting double-digit gains, according to the National Bureau of Statistics.