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Cross River police arrest vigilante over $5,000 robbery and shooting

Cross River police have arrested a vigilante member accused of shooting a villager in Etung and robbing him of $5,000; a locally made pistol was recovered.
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NAFDAC finds methanol and cannabis in Ondo drinks that killed 48 people

NAFDAC lab tests found high concentrations of methanol and cannabis in herbal concoctions blamed for 48 deaths and seven cases of blindness in Ondo State.
News

Business confidence in the macroeconomy rises to 7.9 index points, says CBN

Business confidence in Nigeria's macroeconomy rose to 7.9 index points in May from 3.9 in April, the CBN says, even as consumers remained pessimistic.
Business

Nigeria’s Inflation Rate Climbs to 15.69% in April Despite Slower Food Price Growth

KEY POINTS Nigeria’s inflation rate rose slightly to 15.69% in April 2026 after the...
News

LCCI warns March inflation rise threatens business sustainability

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.
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Nigeria’s Inflation Edges Up to 15.38% in March After Year of Decline

KEY POINTS Headline inflation rose to 15.38% in March 2026, its first increase in...
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Nigeria’s 63 percent poverty rate defies inflation easing

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.
News

Nigeria’s Inflation Rate Sees Slight Dip to 15.06% in February, Says NBS

KEY POINTS Nigeria’s inflation rate dipped slightly to 15.06% in February 2026 from...
Business

Nigerian Breweries, Guinness Raise Product Prices as Rising Costs Bite

KEY POINTS Nigerian Breweries Plc and Guinness Nigeria have announced price increases on selected...
Business

CBN Cuts Interest Rate to 26.5% as Inflation Eases

KEY POINTS The CBN reduced its benchmark interest rate from 27% to 26.5%, signaling...
Business

Nigeria’s Inflation Rate Dips Slightly to 15.1%

KEY POINTS Nigeria’s inflation rate edged down to 15.1 percent in January 2026, showing...
Business

Nigeria Inflation Eases to 15.15% in December as NBS Revises Methodology

KEY POINTS Nigeria headline inflation slowed to 15.15 percent in December 2025, reflecting a...
News

Economy: Experts Question Federal Government’s Positive Assessment

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.
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CANMPEF Warns Inflation, Taxes Threaten Industrial Growth

CANMPEF warns inflation, taxes, and forex issues threaten Nigeria’s industrial stability despite modest growth in 2024.
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Cross River police arrest vigilante over $5,000 robbery and shooting

Cross River police have arrested a vigilante member accused of shooting a villager in Etung and robbing him of $5,000; a locally made pistol was recovered.
News

NAFDAC finds methanol and cannabis in Ondo drinks that killed 48 people

NAFDAC lab tests found high concentrations of methanol and cannabis in herbal concoctions blamed for 48 deaths and seven cases of blindness in Ondo State.
News

Oyo school kidnap survivor tells court of 56 days without clean water

A teacher abducted from an Oriire school in May told the Federal High Court how 46 captives, including toddlers, survived 56 days on dirty water and plain rice.
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Civil servants warn Oyedele over 40% allowance he promised to fund

Federal workers have written to Finance Minister Taiwo Oyedele warning that the unpaid 40% peculiar allowance and promotion arrears are building restiveness in the public service.