Troops of Operation HADIN KAI, working in close coordination with the United States Africa Command (AFRICOM), have killed Abu-Bilal Al-Minuki, the Islamic State’s second-in-command globally, in what military authorities describe as the most significant counter-terrorism breakthrough in Nigeria’s North-East insurgency war in recent years. The high-profile operation, carried out in the early hours of Saturday …
Nigeria’s credit system is failing millions of small businesses and choking economic growth, the Alliance for Economic Research and Ethics has warned. The group pointed this out in a policy document titled 'A Policy Analysis on SME Credit, Development Finance, and the Imperative of Structural Reform', which it issued on Sunday, May 17. It blamed …
International ratings agency S&P Global Ratings has upgraded Nigeria’s long-term credit rating to ‘B’ from ‘B-’, citing stronger foreign exchange reserves, reforms in the oil sector, and rising refining capacity. However, the agency warned that growing election-related spending and rising fuel prices could still weaken the country’s fragile economic gains. In its latest sovereign rating …
The Centre for the Promotion of Private Enterprise (CPPE) has warned against further monetary tightening by the Central Bank of Nigeria (CBN), saying Nigeria’s inflation challenge is being driven largely by structural and supply-side factors that higher interest rates alone cannot solve. The CPPE Chief Executive Officer, Dr Muda Yusuf, who is a renowned economist, …
Nigeria’s headline inflation rose to 15.69 per cent in April, up from the 15.38 per cent recorded in March. This was confirmed in the April 2026 Consumer Price Index (CPI) report released by the National Bureau of Statistics (NBS) on Friday. This marks the second consecutive monthly increase, reversing the extended disinflationary trend seen over …
Dangote Petroleum Refinery has filed a fresh lawsuit against the Nigerian government, seeking to nullify recent fuel import licences issued to the Nigerian National Petroleum Company (NNPC) and other marketers. The case filed against the Attorney General of the Federation at the Federal High Court in Lagos has reignited fresh tension in the downstream petroleum …
The Economic and Financial Crimes Commission (EFCC) has brought popular social media personality and self-styled relationship coach, Blessing CEO, before the Federal High Court in Lagos over allegations of fraud involving ₦36 million. Blessing CEO, legally known as Okoro Blessing Nkiruka, was arraigned on Friday before Justice D.I. Dipeolu at the Federal High Court, sitting …
President Bola Tinubu has called on members of the All Progressives Congress (APC) to conduct themselves peacefully as the party begins its nationwide primary elections, warning against actions capable of creating division within the ruling party ahead of the 2027 general elections. In a statement issued to mark the commencement of the primaries, Tinubu described …
The National Publicity Secretary of the African Democratic Congress (ADC), Bolaji Abdullahi, has revealed that former Minister of Transportation Rotimi Amaechi once threatened to leave the opposition coalition over concerns that former Labour Party presidential candidate Peter Obi was receiving preferential treatment. Abdullahi disclosed this during an interview with Symfoni TV on Thursday amid growing …
A powerful blend of reflection, cultural critique, and diplomatic praise set the tone at the 4th Northern Film Summit and Turkish–Nigeria Film Screening Festival held in Abuja, where former Kaduna Central Senator, Shehu Sani, delivered a striking defense of cinema as both education and social mirror. Sani challenged long-held assumptions about where meaningful filmmaking originates, …
