KEY POINTS
Nigerian Army and Air Force troops rescued Mrs. Rabe Abubakar during an operation in Tunga Village.
Her husband, retired Brigadier General Rabe Abubakar, died while being held by bandits after the couple was abducted in May.
The military has pledged continued operations...
KEY POINTS
Nigeria's headline inflation rate increased to 15.93% in May 2026, marking the third consecutive rise this year.
Food inflation also rose to 16.96%, driven by changes in the prices of major food items such as maize, tomatoes, onions and yam.
Adamawa, Kwara...
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.