Nigeria’s headline inflation rate fell marginally to 15.39 per cent in August 2026 from 15.43 per cent in July, as slower increases in food and other consumer prices continued to ease pressure on households. The latest National Bureau of Statistics (NBS) released on Tuesday shows that the rate also dropped sharply from 23.14 per cent …
Former presidential aide and ambassador-designate, Reno Omokri, has admitted that he was wrong to describe President Bola Tinubu as a “drug lord”, saying his investigations in the United States found no evidence to support the allegation. Omokri, who spoke on Channels Television’s Politics Today on Monday, also defended Tinubu against questions over his educational background, …
Vice President Kashim Shettima has returned to Nigeria after representing President Bola Tinubu at the 18th BRICS Leaders’ Summit in New Delhi, India. Shettima participated in high-level sessions at the summit and held bilateral meetings aimed at strengthening Nigeria’s economic and diplomatic relations, according to a statement issued on Tuesday by the Senior Special Assistant …
The Court of Appeal in Abuja has upheld an N85 million award against Zenith Bank Plc and the Nigeria Police Force over the unlawful freezing of a customer’s bank account. A three-member panel led by Justice Adebukola Banjoko unanimously dismissed an appeal filed by Zenith Bank, holding that it lacked merit. The appellate court affirmed …
Nigeria and India have agreed to strengthen their economic partnership and work towards restoring bilateral trade to nearly $15 billion, with Indian Prime Minister Narendra Modi calling for renewed purchases of Nigerian crude oil. The development followed a bilateral meeting between Vice President Kashim Shettima and Modi on the sidelines of the BRICS Leaders’ Summit …
Post-election violence in Osun State has taken another deadly turn after Olalekan Oyeyemi, popularly known as Emir Ajagungbade and an ally of Governor Ademola Adeleke, was shot dead in Ile-Ife amid a dispute over control of motor parks. The shooting occurred on Sunday, September 13, 2026, around the Energy Filling Station in Ile-Ife. The Osun …
The Nigeria Democratic Congress (NDC) has protested at the Independent National Electoral Commission (INEC) office in Ekiti State over the exclusion of two of its senatorial candidates from the commission’s final list for the 2027 general elections. The protesters, made up of NDC members and supporters of the Obedient Movement, demanded the restoration of Prince …
A chieftain of the Labour Party, Abayomi Arabambi, has sued the University of Nigeria Nsukka (UNN), the National Youth Service Corps (NYSC) and the West African Examination Council (WAEC) over their alleged refusal to release records relating to the academic qualifications of Peter Obi. Obi is the presidential candidate of the Nigeria Democratic Congress (NDC) …
Nigeria’s crude oil and condensate production rose marginally to 1.68 million barrels per day (mbpd) in August 2026, as improved operations at key assets helped the country sustain its recent production gains. According to a statement signed by the spokesperson of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Eniola Akinkuotu, the August output of 1,677,777 …
The Centre for the Promotion of Private Enterprise (CPPE) has warned that restoring universal petrol subsidy could cost the Nigerian government nearly ₦20 trillion annually, creating a bigger fiscal, debt, foreign-exchange, and investment problem for the economy. In a policy brief issued on Sunday, September 13, 2026, CPPE Chief Executive Officer Dr. Muda Yusuf said …
