Nigeria recorded the world’s largest increase in the number of people living in multidimensional poverty, with an additional 17.9 million Nigerians falling into poverty between 2021 and 2024, according to the 2026 Global Multidimensional Poverty Index. The report, published yesterday by the United Nations Development Programme and the Oxford P...
More than 70 per cent of small and medium-sized enterprises in Nigeria are family businesses, contributing close to 50 per cent of the country’s Gross Domestic Products (GDP). This is from a report by PwC Nigeria – knowledge partners for the Family Business Summit 2026, with the theme: “Beyond the Founder: Scaling Family Businesses Across [&he...
•Scene of the train derailment on Monday, June 8, 2026. The Nigerian Railway Corporation (NRC) has said that a “possible sudden development of a bogie or wheel defect” may have been the primary factor in the June 8, 2026 derailment of the Warri-Itakpe Train Service in Delta State. The corporation also identified the “possible manner […]...
A new report released by the World Health Organisation (WHO) says that an estimated 20.6 million new cases of cancer and close to 10 million deaths are recorded globally every year while the disease remains the second leading cause of death globally, after cardiovascular disease. The report noted that cancer claims more than 26,000 lives [&hel...
•Boko Haram terrorists Boko Haram fighters have increasingly turned to artificial intelligence tools to improve their operations, using chatbots to obtain technical guidance on attacks, weapons and battlefield tactics, according to a report by The New York Times yesterday. Citing a study by terrorism and technology researcher Antonia Juelich o...
Nigeria’s headline inflation rate rose to 15.93 per cent in May 2026, according to the latest Consumer Price Index (CPI) report. The National Bureau of Statistics (NBS) data showed that the Consumer Price Index (CPI) increased to 140.7 in May 2026, representing a 2.4-point rise from the previous month’s 138.3, indicating continued upward press...
•National Assembly complex, Abuja A new assessment of the 10th National Assembly has found that lawmakers have failed to deliver 68 of 92 legislative commitments tracked since the beginning of their tenure, with the House of Representatives recording an overall fulfilment score of 26.8 per cent and the Senate 44.11 per cent. The report, releas...
•Lekki seaport, Lagos Foreign investment into Nigeria’s production and manufacturing sector declined sharply by 50.7 percent quarter-on-quarter to $152.27 million in the first quarter of 2026 (Q1’26), down from $308.93 million recorded in the preceding quarter (Q4’25), according to the latest Capital Importation Report released by the Nationa...
One of Africa’s leading research networks, Afrobarometer, has stated that Africans continue to rely on both formal and informal justice systems to resolve legal disputes, while many question whether the courts deliver fair, affordable, and timely justice. The group highlighted this in a new report, based on 50,961 interviews conducted across 3...
•Governor Babajide Sanwo-Olu of Lagos State Phillips Consulting State Performance Index (pSPI), a comprehensive assessment of governance and development outcomes across the country has announced Lagos State as Nigeria’s leading subnational government after emerging as the only state to attain a five-star rating in the 2025. The annual ranking,...

