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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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Trump Says One-Third of Nigerian Immigrant Use U.S. Welfare

Trump says Nigerian immigrant welfare data shows one-third of households use public benefits, as tighter visa rules and immigration enforcement reshape U.S. policy.
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Tinubu Nominates Magnus Abe as Upstream Regulator Chairman

President Tinubu names Magnus Abe to lead the upstream petroleum regulator, seeking Senate approval for new boards under Nigeria’s reformed oil sector.
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CIG Motors Dismisses Director, Refers Case to EFCC

CIG Motors has dismissed an executive director and referred alleged misconduct to the EFCC, while the former official disputes the company’s account of his exit
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Lagos Weighs N7Bn Oworonshoki Jetty Project

Lagos State plans a N7bn jetty and housing scheme at Oworonshoki as officials argue infrastructure offers deeper economic value than short-term relief
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Nigerian Stocks Gain N2.05 Trillion As Year-End Rally Sustains Momentum

NGX ended 2025 on a high, gaining N2.05 trillion as investors flocked to banking, ICT, and consumer goods stocks.
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Manufacturers Seek Refinancing Facility And Policy Support To Boost 2026 Output

Nigeria’s manufacturers push for low-cost refinancing, policy reforms, and targeted support to revive industrial output and competitiveness in 2026.
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Nigeria’s Mining Revenue Rises to N70bn As Reforms Begin To Pay Off

Nigeria’s mining sector recorded a sharp revenue rise in 2025 as reforms, enforcement, and new investments reshape the industry.
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Explaining Nigeria’s New Tax Laws And What Changes In 2026

Nigeria’s new tax laws take effect in 2026, reshaping income tax, business levies, bank transfers, and compliance nationwide.
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Tinubu Meets Rwanda’s Kagame in Paris

KEY POINTS President Bola Tinubu held a private lunch meeting with Rwandan President Paul...
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Anthony Joshua Breaks Silence After Crash That Killed Two Close Friends

KEY POINTS Anthony Joshua paid tribute to Sina Ghami and Latif Ayodele after a...
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Bandits Strike Niger Communities Again, Over 30 Killed, Many Abducted

KEY POINTS Over 30 people were killed in fresh bandit attacks in Agwara and...
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Expert Cautions Nigerians on Antibiotic Abuse Risks

A Lagos based medical specialist warns that antibiotic abuse and self medication are accelerating antimicrobial resistance and threatening effective treatment of common infections.
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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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