News

Nigeria’s Inflation Slows to 15.91% in June as Food Prices Keep Pressure on Household Budgets

Headline inflation eased marginally to 15.91 percent in June from 15.93 percent in May, while monthly inflation slowed to 1.66 percent Food inflation accelerated to 3.75 percent month-on-month as prices of tomatoes, fresh pepper, crayfish and other staples...

Xenophobic Attacks: Nigeria Ends South Africa Evacuation as Ghana Begins Fresh Airlift Of 900 Citizens

Federal Government concludes emergency evacuation from South Africa as final Air Peace flight brings home 308 Nigerians, pushing total repatriated under the humanitarian programme to over 1,500. Foreign Affairs Minister Bianca Odumegwu-Ojukwu says President Bola Tinubu extended the...

Inside ₦5.3trn Dispute Between CBN, And FG As Fresh Allegations Emerges

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OAGF says CBN is yet to remit ₦5.3 trillion in operating surplus. Lawmakers demand answers over unpaid government revenues. The dispute puts Nigeria’s public finance system under fresh scrutiny. The CBN’s position on the claim remains awaited. July 15,...

Court Orders Final Forfeiture of 48 Properties Linked to Ex-AGF Malami, Says Illicit Wealth Cannot Be Shielded By Ownership Claims

Federal High Court orders the permanent forfeiture of 48 high-value properties linked to former Attorney-General of the Federation, Abubakar Malami, ruling they were acquired with proceeds of unlawful activities. Justice Joyce Abdulmalik dismisses all objections by Malami, his...

FCT Court Declares Diaspora Chapters Of Nigerian Political Parties Illegal, Voids APC UK Congress

FCT High Court declares diaspora chapters of Nigerian political parties unconstitutional, illegal and unknown to the laws of the Federal Republic of Nigeria, saying no registered party can establish or operate official structures abroad Court nullifies APC's United...

Again, Gunmen Strike NECO Exam Centre In Kogi, Abduct Principal, Invigilator, Students

Gunmen invade Government Secondary School, Odo-Ekina, during the ongoing NECO examination, abducting four students, the principal and a NECO ad hoc staff member Kogi Police confirm one abducted student has been rescued as a joint security team intensifies...

Challenge Us Where We Fail — Akpabio Throws NASS Doors Open To Nigerian

Akpabio opens the National Assembly to unprecedented public engagement, urging Nigerians to scrutinise lawmakers and hold Parliament accountable for its actions. Senate President says democracy thrives when citizens actively participate, insisting Parliament belongs to the people, not elected...

CBN Targets ₦600bn In Treasury Bills Auction As Investors Eye High-Yield One-Year Bills

The Central Bank of Nigeria (CBN) is seeking to raise ₦600 billion at today's Treasury Bills auction, with the one-year instrument expected to attract the strongest investor demand. The auction comes after June's heavily oversubscribed sale, where investors...

2027: Kwankwaso Invokes Azikiwe, Ekwueme, Ojukwu To Push New North/South-East Alliance, Says Nigeria Must Choose Unity Over Division

Kwankwaso calls for renewed political cooperation between Northern Nigeria and the South-East ahead of the 2027 general election. Former Kano governor says reconciliation after the Civil War remains a model for building national unity and inclusive governance. Recalls...

Marketers Reject Dangote’s Dollar Fuel Pricing, Warn Of FX Pressure And Higher Pump Prices

Independent petroleum marketers have rejected Dangote Refinery's decision to price fuel in US dollars, warning that the move could increase foreign exchange pressure and make petrol prices more volatile. PETROAN and IPMAN argue that domestic fuel should continue...