Residents and business owners across the Federal Capital Territory, Abuja, and surrounding areas have expressed frustration as the Abuja Electricity Distribution Company (AEDC) has recorded multiple power outages since the start of the year 2026. The residents have been grappling with power supply disruption arising from grid collapses, technical faults and scheduled maintenance. Between January …
Nigeria’s headline inflation rate fell slightly to 15.1 per cent in January 2026 from 15.15 per cent in December 2025, according to the National Bureau of Statistics (NBS). In its Consumer Price Index (CPI) report released on Monday, the agency said inflation declined by 0.05 percentage points compared to December. On a year-on-year basis, inflation …
The National Assembly has announced plans to reconvene an emergency plenary session on Tuesday, February 17, 2026, cutting short its recess amid indications that lawmakers may review the date fixed for the 2027 presidential election. In a notice issued on Sunday and signed by the Clerk to the National Assembly, Kamoru Ogunlana, senators and members …
Some protesters on Monday marched to the Economic and Financial Crimes Commission (EFCC) headquarters in Abuja. They demanded a thorough investigation into the alleged N432 billion corruption case involving former Kaduna State Governor Nasir El-Rufai. The demonstrators, organised under the Mega National Movement for Good Governance, chanted solidarity songs and carried placards reading "Answer the …
Civil society organisations on Monday intensified pressure on the National Assembly, demanding mandatory real-time electronic transmission of election results as activists staged a peaceful protest at the front gate of the legislature in Abuja. The demonstration formed part of what organisers described as a planned, coordinated, evidence-based, and citizen-driven advocacy led by ActionAid Nigeria, the …
The former governor of Anambra State and 2023 Labour Party presidential candidate, Peter Obi, has reaffirmed his intention to contest the 2027 presidential election, saying he remains undeterred by alleged attempts to prevent his name from appearing on the ballot. Obi spoke at the OBIDIENT Conference and the official declaration of the African Democratic Congress …
Nigeria recorded a sharp rebound in foreign capital inflows in the third quarter of 2025, with total capital importation rising to $6.01 billion, a 380.16 per cent jump from the $1.25 billion posted in the same period of 2024. This is according to a review of the Nigeria Capital Importation report for the third quarter …
The Bank of Industry (BOI) announced on February 9 that it has secured regulatory approval from the Central Bank of Nigeria to operate a Non-Interest Banking (NIB) Window. The announcement, however, has since sparked a wave of reactions from Nigerians. According to BOI, the NIB window will expand access to ethical, asset-backed, interest-free financing designed …
Employee corruption and occupational fraud are costing Nigeria’s Micro, Small and Medium Enterprises (MSMEs) between ₦5 trillion and ₦10 trillion annually, according to the Centre for the Promotion of Private Enterprise (CPPE). The organisation said this in a policy brief released by its Chief Executive Officer, Muda Yusuf, on Sunday. It described employee corruption and …
Kano Electricity Distribution Company (Kano DisCo) has called for urgent intervention of the Federal Government in the electricity supply challenges faced by northwestern states under its franchise due to limitations in power transmission from the Transmission Company of Nigeria (TCN) and the National Grid. In a statement, the Kano DisCo urged the Federal Government to …
