•Aliko Dangote President of Dangote Industries Limited, Aliko Dangote, has attributed the high price of petrol in Nigeria partly to the continued smuggling of the commodity to neighbouring countries where it sells for significantly more. Dangote said petrol prices in neighbouring countries were between 30 and 50 per cent higher than in Nigeria...
•Adeyanju and Tinubu An Abuja-based human rights lawyer, Deji Adeyanju, has raised the alarm over the flooding of Nigeria’s market with fake drugs and substandard products, calling on President Tinubu to declare a state of emergency to curb the disturbing development. This is even as he called for the sack of the Director General of […]...
Nigeria’s fragile disinflationary gains face renewed pressure as a resurgence in global crude oil prices, driven by escalating military conflicts in the Middle East and disruptions around the strategic Strait of Hormuz, threatens to push up energy and transportation costs. Analysts and investors are increasingly concerned that crude oil prices...
Deposit Money Banks in Nigeria closed a net 476 branches and cash centres between 2022 and 2025, reducing their physical footprint by 8.8 per cent in three years, according to data from the Central Bank of Nigeria. Figures contained in the CBN’s 2025 Statistical Bulletin for the Financial Sector showed that the number of bank […]
Every year, Nigerians abroad wire home upward of $21 billion, the Central Bank puts 2025 remittances at $21.8 billion, among the highest inflows on the continent. This is not an abstract macroeconomic data. It is the nurse in Dublin paying her mother’s hospital bill, the Uber driver in Houston covering his younger sister’s WAEC fee...
Nigerians may face another round of higher transport fares and food prices following Dangote Petroleum Refinery’s latest increase in the price of Premium Motor Spirit (PMS), popularly known as petrol. The refinery raised its petrol gantry price from N1,265 to N1,350 per litre, effective Saturday, September 12, representing an increase of N85, ...
•Tinubu and Adebayo The Presidential Campaign Council of the Social Democratic Party (SDP) has declared that President Bola Ahmed Tinubu, former Vice president Atiku Abubakar and former Anambra Governor Peter Obi do not have what it takes to take Nigeria to the next level. Addressing a press conference in Abuja yesterday, Chief Communications ...
•Tobi Amusan Nigeria’s Tobi Amusan finished second in the women’s 100m hurdles at the inaugural World Athletics Ultimate Championship in Budapest yesterday. Amusan clocked 12.34 seconds to claim the silver medal, finishing behind United States Olympic champion Masai Russell, who won the title in 12.22 seconds, reports Channels TV. Netherlands’...
The United States has delivered a fresh consignment of military equipment to Nigeria. The equipment was transported to Nigeria aboard a US Air Force C-17 Globemaster III aircraft under the Foreign Military Sales arrangement between Washington and Abuja, reports Daily Trust. The US Africa Command disclosed the development today through its offi...
Nigeria’s much-touted 4.43 per cent economic growth in the second quarter of 2026 has come under scrutiny, with the Centre for Social Justice (CSJ) warning that the headline figure masks deep structural weaknesses, poor capital budget implementation and declining productivity across critical sectors of the economy. The CSJ, in its review of th...

