HomeNews

News

Nigeria’s Inflation Rate Climbs to 15.69% in April Despite Slower Food Price Growth

KEY POINTS Nigeria’s inflation rate rose slightly to 15.69% in April 2026 after the NBS rebased the Consumer Price Index. Food prices remained the largest contributor to inflation, although food inflation slowed compared to last year. Sokoto recorded the highest inflation rate nationwide, while...

Suspected Gas Leak Sends Ogun Students to Hospital, Sparks Panic in Ijebu Ode

KEY POINTS Several students were hospitalised after a suspected gas leak at Anglican Girls Grammar School in Ijebu Ode. Ogun authorities detected elevated methane levels and launched an emergency investigation into the source. The incident occurred weeks after a similar suspected gas leak affected...

Keep exploring

Niger Delta chamber targets $5bn investment drive, 500,000 jobs ahead of Port Harcourt summit

Niger Delta chamber targets $5bn investments and 500,000 jobs as region prepares for major economic summit in Port Harcourt

Nigeria’s Top Manufacturing Body Pushes Africa to Add Value to Raw Materials, Not Just Export Them

Nigeria's Manufacturers Association calls on Africa to build industrial capacity through value addition rather than exporting unprocessed raw materials.

Eight Feared Dead After Terrorists Bomb Bridge in Niger State

KEY POINTS Eight people feared dead after a vehicle hit an IED planted by...

Ganduje’s Ex-aide Salihu Yakasai Defects from APC to ADC

KEY POINTS Salihu Yakasai, former aide to Abdullahi Ganduje, has defected from APC to...

IED Explosion Kills Several Passengers Near Woro Community in Kwara

KEY POINTS Several people were killed after a vehicle drove over an IED in...

Dangote warns Middle East war could push Africa into work-from-home crisis

Aliko Dangote says an unresolved Middle East crisis could force African countries back into COVID-era work-from-home arrangements.

Court Sentences ex-Acting AGF Nwabuoku to 72 Years in Jail Over N868m Fraud

KEY POINTS Federal High Court in Abuja sentenced former Acting AGF Nwabuoku to 72...

Bandits storm Kwara church, abduct worshippers during Sunday service

Armed bandits raided a church in Omugo, Kwara State, abducting worshippers and leaving the rural community paralyzed by fear.

Abdul Samad Rabiu’s net worth surges $4.47billion to $14.6billion

Abdul Samad Rabiu has added $4.47 billion to his fortune in 2026, pushing his net worth to $14.6 billion as BUA Group posts record revenue of N1.18 trillion.

Nigeria’s solid minerals sector pulls in $2.6bn FDI in two years

Nigeria has attracted over $2.6 billion in foreign direct investment into its solid minerals sector in two years, Minister Dele Alake disclosed at the Powering Africa Summit in Washington.

SEC and NYSC sign MoU to fight Ponzi schemes

The Securities and Exchange Commission and the NYSC have signed an MoU to train corps members as financial literacy facilitators and protect young Nigerians from fraudulent investment schemes.

Nigeria’s manufacturing share of GDP slips to 8.05 Percent in 2025

Nigeria's manufacturing sector slipped to an 8.05 percent share of real GDP in 2025, falling from 8.24 percent the previous year even as output posted a slight improvement.

Latest articles

Nigeria’s Inflation Rate Climbs to 15.69% in April Despite Slower Food Price Growth

KEY POINTS Nigeria’s inflation rate rose slightly to 15.69% in April 2026 after the...

Suspected Gas Leak Sends Ogun Students to Hospital, Sparks Panic in Ijebu Ode

KEY POINTS Several students were hospitalised after a suspected gas leak at Anglican Girls...

Tambuwal Steps Down from Sokoto South Senate Race

KEY POINTS Aminu Tambuwal has withdrawn from the Sokoto South Senate race under the...

Gunmen Kill Teacher, Abduct Principal and Students in Oyo School Attack

KEY POINTS Gunmen attacked Community High School in Oriire LGA of Oyo State, killing...