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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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Naira Strengthens to 1,518 Per Dollar on Parallel Market

Naira rises in parallel market to ₦1,518 as central bank oversight and dollar flows ease speculative pressure.

Nursing Mom Abducted as Soldiers Jailed for Arms Trade

Nursing mom abducted in Nasarawa as soldiers get jail for selling arms to terrorists.

Nyanya Bombing Victims Still Await Justice After 11 Years

Nyanya bombing victims await justice 11 years later as repeated trial delays highlight failures in Nigeria’s terrorism case system.

Breaking: CBN Cuts Monetary Policy Rate to 27% Amid Inflation Concerns

CBN lowers benchmark interest rate to 27 percent, signaling a potential shift in monetary policy amid easing inflation concerns.

US Mission to Bar Visas for Corrupt Nigerians

The US warns corrupt Nigerian officials face visa bans, while Reform UK sets out plans to abolish permanent settlement rights for migrants

Nigeria’s GDP Grows 4.23% in Q2, Surpassing Forecasts

Nigeria’s GDP grows by 4.23% in Q2 2023, exceeding expectations, with agriculture and services leading the charge.

WTO’s Okonjo-Iweala Says Nigeria Can Lead Africa’s Trade Era

WTO chief Ngozi Okonjo-Iweala says Nigeria can lead Africa’s trade if it cuts logistics costs, boosts payments and invests in value addition.

Miners Clash in Kebbi, Government Imposes Curfew

Clashes between rival miners in Kebbi lead to fatalities, prompting a curfew as the government struggles to contain rising violence over gold deposits.

Bulk Fuel Buyers Shift To Dangote Direct Supply

Dangote refinery’s free delivery scheme disrupts contracts, lowers petrol prices, and shifts fuel distribution power away from transport owners

Bandit Leader Warns Security Crackdown Will Worsen Katsina Crisis

Bandit leader warns Katsina crisis will worsen if security raids continue; nine LGAs sign fragile peace pacts.

Maggi’s Grip on Taste Sparks Debate on Power

Stephanie Shaakaa draws parallels between Maggi’s dominance and governance in Nigeria, highlighting women empowerment as a tool for change.

Lagos Ride-Hailing Platform Expands With 100 Electric Vehicles

LagRide expands with 100 EVs, boosting Lagos transport expansion and offering commuters cleaner rides while supporting the city’s green mobility goals

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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.