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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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Pope Warns Against Rising Attacks on Christians in Nigeria

Pope Leo warns of rising attacks on Christians as Nicki Minaj joins a UN event focused on Nigeria and growing global concern.
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Nigeria’s Inflation Drop Fails to Ease Household Pressures – CPPE

Nigeria’s inflation slowdown offers minimal household relief as structural inflation pressures persist, according to CPPE, which warns deeper reforms are urgently required.
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Gunmen Abduct 25 Students in Overnight Attack on Kebbi School

Gunmen abducted 25 schoolgirls from a Kebbi secondary school, killing a vice principal and triggering a major security operation across the area.
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Dangote Cement Opens N100bn Note Sale to Investors

Dangote Cement opens N100bn commercial papers across two series, offering high yields as it strengthens liquidity and expands its short-term funding strategy.
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Nigeria Opens Portal for N50m Innovation Grant

Nigeria launches a N50m student innovation grant aimed at supporting campus innovators with funding for prototypes, research projects and early-stage ideas.
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Banks Shift Idle Cash to CBN’s SDF Window

Banks increasingly place funds at the CBN’s SDF window as tightening conditions curb lending appetite and push treasury teams toward safer overnight placements.
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7 Digital Marketing Opportunities Nigerians Can Tap Into in 2025

Explore seven powerful digital marketing opportunities in Nigeria that will help businesses grow faster, reach wider audiences, and stay competitive in 2025.
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Wike-Backed PDP Bloc Calls Emergency BoT, NEC Meetings

A Wike-backed PDP faction has summoned emergency BoT and NEC meetings after sweeping expulsions at the party’s national convention
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Manufacturers Shun Bank Loans Over High Interest Rates

Nigerian manufacturers cut bank loans 20.3% and finance costs 52.8%, citing high interest rates and shifting to equity.
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Military Storms Abuja Road After Alleged Assassination Attempt on Officer Yerima

Military deploys vehicles on Gado Nasko Road, Abuja, after Lieutenant A M Yerima reported an alleged assassination attempt.
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US Congress Launches Full Probe into Christian Genocide in Nigeria

The U S House launches an inquiry into Christian genocide in Nigeria after Trump's C P C designation.
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Osimhen hunts goals as Nigeria fight for World Cup survival

Nigeria and DR Congo face off in a tense playoff battle, with Osimhen’s form and Congo’s resurgence setting the stage for a dramatic qualifier.
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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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