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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...
Politics

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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Nigeria Bank CEOs Hold Small Stakes Compared to Global Peers

Nigeria bank CEOs stakes remain small compared to global peers, raising investor concerns as property overshadows equity in executive wealth.
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NAFDAC Destroys N15 Billion Fake Drugs in Oyo

KEY POINTS NAFDAC destroyed fake and expired drugs worth N15 billion in Oyo State. ...
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Steel Industry Vital to Nigeria’s Maritime Sector — SEREC

SEREC says a functioning steel industry is key to maritime development, stressing Nigeria must revive steel to unlock its maritime potential.
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Cooking Gas Prices Jump 34.6% to N17,500

Cooking gas price rise of 34.6 percent to N17,500 underscores Nigeria’s forex crisis, import dependence, and the urgent need for domestic gas processing.
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Nigeria at 65: Citizens’ Attitudes Blamed for Stagnation

Nigeria at 65 sparks debate as experts argue citizens’ attitudes hinder national development, stressing mindset shifts as crucial for lasting progress.
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Temi Ajibade Explains Why She Dropped Otedola Name

Temi Ajibade reveals why she dropped Otedola surname, stressing independence, identity, and the drive to build her own lasting legacy.
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Fubara Sacks Commissioners After Supreme Court Ruling

Fubara sacks all Rivers State commissioners after a Supreme Court ruling, pledging renewed vigour and preparing to rebuild his cabinet
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One Doctor Now Treats 9,083 Nigerians, Resident Doctors Warn

Nigeria faces a deep health crisis as one doctor now attends to 9,083 people. Resident doctors demand reforms to protect both doctors and patients.
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Union Leaders Warn Nigeria’s Policies Deepen Worker Hardship

Labour unions at PERESSA’s delegates conference reject anti-poor policies, fuel tax plans, and wage erosion, warning against attacks on workers’ rights.
Business

Nigeria to Tax Remote Workers, Influencers in 2026

Nigeria will tax income from remote workers, influencers, and imports starting January 2026 under sweeping new reforms, according to the presidential tax committee
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Sterling Bank Scraps Account Maintenance Fees Across Nigeria

Sterling Bank abolishes account maintenance fees, strengthening its push for transparency and financial freedom in Nigeria’s banking industry.
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Nigeria at 65: Minister Says Tinubu’s Reforms Building Strong Foundations

Tinubu’s reforms laying solid foundations, says Betta Edu, urging patience as Nigeria at 65 endures hardship but prepares for long-term growth.
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Business

Nigeria Cuts Petrol Imports as Local Refining Rises in December

KEY POINTS Petrol imports fell by 19 percent in December, while local refinery supply...
Politics

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.
News

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.
Business

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.

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