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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...

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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Oyedele: 98% of Nigerians to Get Tax Cut or Exemption by 2026

About 98 percent of Nigerians will enjoy reduced or no tax under the new fiscal reform expected to take effect in January 2026.

David Mark: ADC’s 2027 Vision Is Bigger Than Power

ADC says its 2027 mission is not about winning power but building a political legacy rooted in ethics, inclusion, and long-term governance reforms.

Nigeria’s Inflation Crisis Pushes Workers and Employers to the Edge

Nigeria’s inflation crisis is eroding wages and threatening jobs, NECA warns, urging government action to stabilize businesses and protect workers.

Fury in Lagos as Traders Protest Owode-Onirin Killings

Traders protest Owode-Onirin killings in Lagos, demanding justice, police accountability, and laws to stop land grabbing and brutality.

Tinubu Moves to Borrow $2.3bn, Float $500m Sukuk for 2025

Tinubu seeks NASS approval for $2.3bn external borrowing and $500m Sukuk to fund 2025 budget and refinance Eurobond.

Tinubu Approves N4 Trillion Bond to Clear Power Sector Debts

Tinubu approves a ₦4 trillion bond to clear debts owed to power firms and gas suppliers, aiming to stabilise Nigeria’s electricity sector.

Irabor Says Boko Haram Fighting War of Evil, Not Religion

Lucky Irabor says Boko Haram’s campaign is a war of evil, not religion, as leaders call for moral revival and national unity.

Protesters shut Kaduna, accuse oil cabal of plotting to sabotage Dangote Refinery

Kaduna protesters accuse an oil cabal of sabotaging Dangote Refinery, demanding Tinubu defend the $20 billion project from vested economic interests.

Naira Gains to N1,480 per Dollar on Parallel Market

The naira rises to N1,480 per dollar in the parallel market as CBN reforms improve liquidity and restore trader confidence.

Soludo, Aregbesola, Others Urge FG to Fix INEC Before 2027

Soludo, Aregbesola, and other leaders urge urgent reforms to fix INEC before 2027 and restore credibility to Nigeria’s electoral system.

NDLEA Dismantles Cocaine Cartel Behind Six UK Shipments

NDLEA dismantles a global cocaine syndicate tied to six UK shipments, arresting key suspects in coordinated raids across Nigeria.

NiMet Warns of Three-Day Thunderstorms Across Nigeria

NiMet forecast warns of heavy rain, thunderstorms, and flash floods across Nigeria as states and agencies brace for potential weather impacts.

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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...

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.

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.

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.