KEY POINTS
• Former Ondo State Governor Olusegun Mimiko has officially defected from the PDP to the ruling APC.
• Mimiko announced his decision in Ondo State, saying he wants to support national development and President Tinubu’s re-election bid.
• The APC says his defection will strengthen...
KEY POINTS
• Oyo State Governor Seyi Makinde has officially declared his intention to contest the 2027 presidential election.
• Makinde announced his bid during a joint rally involving the PDP and the Allied Peoples Movement in Ibadan.
• The governor said the new PDP-APM alliance would...
Nigeria recorded the sharpest petrol price increase of any country worldwide at 39.5 percent between February 23 and March 16, 2026, as the Middle East war drove global oil prices to a four-year high.
Tony Elumelu's Transcorp Group posted record full-year 2025 revenue of $399 million and a 44 percent profit after tax surge, its strongest financial performance to date.
BudgIT's Tracka platform has identified N24 billion in abandoned, unexecuted, and fraudulently delivered public projects across Nigerian states, with Benue, Ondo, Imo, and Lagos among the worst performers.
Nigeria's overall balance of payments surplus fell 38 percent to $4.23 billion in 2025, with crude oil export declines and a sharp retreat in foreign portfolio investment driving the contraction.