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Nigeria’s economic activity grew for the 14th straight month in January 2026, with entertainment and agriculture leading the expansion. This is contained in the latest Purchasing Managers’ Index (PMI) report released by the Central Bank of Nigeria (CBN). The report stated the composite PMI stood at 55.7 points in January. It remained well above the …

Nigerian economic outlook

Dangote Refinery has revised its distribution policy, saying marketers are now free to choose between gantry and coastal loading of petroleum products from the refinery. It said the refinery does not impose restrictions on the evacuation modes chosen by marketers. Change in Distribution Policy In a statement released on Thursday night, the refinery, however, warned …

The Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) has denied demanding N1.505 trillion annual subsidies on petroleum products from Dangote Refinery.

The traditional ruler of Aafin Ile Ire, Oba Simeon Ibiyinka Olaonipekun, who was abducted by gunmen in Ifelodun Local Government Area of Kwara State late December 2025, has regained his freedom. The monarch was kidnapped alongside his son when armed assailants attacked his community. While his son was released earlier after a ransom of ₦20 …

Kwara Monarch Freed After Community Raised ₦32m Ransom

A coalition of women’s rights and democracy groups has raised the alarm over the persistent exclusion of women from Nigeria’s political decision-making. They warn that the country’s democratic credibility is at stake as it approaches the 2027 general elections. The groups, including the Human Equality Forum, The Electoral Hub, Women in Politics Forum, Safe Point …

Ghana and Zambia have agreed to allow visa-free travel for each other’s citizens, a move aimed at strengthening regional integration and easing cross-border movement. The announcement was made by Ghana’s Foreign Affairs Minister, Samuel Okudzeto Ablakwa, during President John Dramani Mahama’s official visit to Zambia. The three-day trip focuses on expanding diplomatic engagement, economic partnerships, …

Major opposition parties in Nigeria, including the Peoples Democratic Party (PDP), African Democratic Congress (ADC) and the New Nigerian Peoples Party (NNPP), have criticised the Senate over its rejection of mandatory electronic transmission of election results. The parties reacted to the Senate’s decision on Wednesday to reject an amendment to Clause 60(3) of the Electoral …

Nigerian senate

At least 162 people have died following a violent attack by gunmen in Woro village, Kwara State, one of Nigeria’s deadliest incidents in recent months. The assault occurred Tuesday evening shortly after military operations targeted terrorist groups in the area. Victims, mainly local Muslims, were reportedly targeted for resisting extremist ideology. Governor AbdulRahman AbdulRazaq, who …

Shell’s fourth-quarter net profit fell by 11% to $3.3 billion, missing analyst expectations of $3.5 billion, the lowest since early 2021, as weaker oil prices weighed on earnings. Losses in its chemicals and products unit were larger than expected, while integrated gas and marketing profits also lagged forecasts. Despite the shortfall, the company maintained its …

Google’s parent company, Alphabet, has crossed the $400 billion revenue threshold for the first time, powered by strong growth in cloud computing and artificial intelligence-driven services. The technology giant recorded an 18 per cent year-on-year increase in revenue, according to its latest earnings release, with total annual revenue surpassing $400 billion since the company was …

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