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CBN Retains Interest Rate at 26.5%

KEY POINTS The Central Bank of Nigeria retained the benchmark interest rate at 26.5% after the MPC’s 305th meeting. The decision comes amid a slight rise in Nigeria’s inflation rate from 15.38% to 15.69% in April 2026. Analysts say the move reflects the CBN’s...
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Peter Obi Cleared to Contest NDC Presidential Primary Ahead of 2027 Election

KEY POINTS Peter Obi was cleared by the NDC screening committee to contest its 2027 presidential primary. The committee confirmed he met all constitutional and party requirements after a detailed vetting process. He currently appears to be the sole presidential aspirant in the NDC...

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Bayero University expels 171 students for falsifying credentials

Bayero University Kano has expelled 171 students for falsifying admission entry qualifications, following an investigation approved at the university's 433rd Senate meeting on March 4, 2026.
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Why Nigerians abroad now order clothes, shoes and food directly from Nigeria

Soaring costs of living abroad are driving Nigerians in the diaspora to order clothing, food and accessories directly from home.
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Terrorists abduct nine worshippers at Kwara church, security forces rescue three

Suspected terrorists stormed an ECWA church in Kwara State on Sunday morning, abducting nine worshippers during an ongoing service.
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Peter Obi calls El-Rufai’s detention political persecution, demands rule of law

Peter Obi has condemned the continued detention of ex-Kaduna governor Nasir El-Rufai, calling it politically motivated persecution.
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Nigeria’s power DisCos lost N2.35trn in two years as blackouts deepen across the country

Nigeria's electricity distributors have recorded N2.35 trillion in combined losses over two years, worsening a deepening national power crisis.
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Navy seizes 44,000 litres of illegal fuel, arrests eight in Rivers

The Nigerian Navy intercepted 44,000 litres of suspected illegally refined diesel and arrested eight suspects in Rivers State during an intelligence-driven patrol under Operation Delta Sentinel.
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Only 10 states publish local government budgets online, BudgIT

Only 10 Nigerian states publicly post local government budgets online, while 18 publish nothing at all, according to a new BudgIT transparency report.
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Benue IDPs to federal government: ‘If you can’t take us home, say it’

Hundreds of thousands of displaced Nigerians in Benue are rejecting aid packages and demanding the right to return home safely.
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Bello Turji orders Bargaja residents to flee as army steps in to halt mass displacement

Terrorist leader Bello Turji ordered Bargaja residents to flee or face death, triggering mass panic before the army intervened.
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South Africa, other nations turn to Dangote refinery for fuel supply

South Africa and several African governments are pursuing fuel supply contracts with Dangote Refinery as the Middle East war disrupts traditional supply routes from the Persian Gulf.
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Industry leaders to debate Nigeria’s aviation hub ambitions in Lagos

Key players in Nigeria's aviation industry will meet in Lagos on March 26 to examine how hub status could boost the sector's contribution to GDP.
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Lagos market generates N281bn in 2025 despite slowdown

Lagos's short-let market closed 2025 with N281 billion in revenue, falling short of earlier projections as rising supply squeezed occupancy rates despite steady underlying demand.
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Business

CBN Retains Interest Rate at 26.5%

KEY POINTS The Central Bank of Nigeria retained the benchmark interest rate at 26.5%...
News

Peter Obi Cleared to Contest NDC Presidential Primary Ahead of 2027 Election

KEY POINTS Peter Obi was cleared by the NDC screening committee to contest its...
Politics

Desmond Elliot Withdraws from Lagos APC Primary, Alleges Intimidation of Supporters

KEY POINTS Desmond Elliot withdrew from the APC primary for Surulere 1, citing intimidation...
Politics

Tonye Cole Withdraws from Rivers APC Governorship Primary Ahead of 2027 Election

KEY POINTS Tonye Cole withdrew from the Rivers APC governorship primary after consultations with...