Police have arrested seven suspected kidnappers in Abuja and Kaduna and recovered the body of Oluwadamilola Adedayo, abducted in Kuje in August, from the gang’s forest camp.
Dr. Chinyere Almona, Director General of the Lagos Chamber of Commerce and Industry, on Thursday warned that Nigeria's March inflation rise threatens business sustainability, as headline inflation climbed to 15.38 percent in March 2026 from 15.06 percent in February.
Nigeria's poverty rate climbed to 63 percent in 2025 even as inflation declined sharply, the World Bank said in its April 2026 Nigeria Development Update.
Analysts say Nigeria’s economic gains are largely on paper, with macro improvements yet to translate into real relief for citizens. Experts urge targeted reforms for inclusive growth.
Police have arrested seven suspected kidnappers in Abuja and Kaduna and recovered the body of Oluwadamilola Adedayo, abducted in Kuje in August, from the gang’s forest camp.
Nigerian authorities arrested two cybercrime suspects in an INTERPOL-coordinated operation, one linked to an investment scam that moved more than $2.4 million, the agency said.