Nigeria’s Inflation Climbs to 15.38% in March as Food, Transport Costs Surge
ABUJA, Nigeria – Nigeria’s inflation rate rose to 15.38 per cent in March 2026, reversing months of easing as rising food, transport and accommodation…
Topic
Economy
Kano Pays N32bn Pension Backlog, Clears Majority of Liabilities
KANO, Nigeria – The Kano State Government disburses N32 billion to settle outstanding gratuities and death benefits, addressing a significant portion of long-standing pension…
Oil Prices Jump, Stocks Slide as Iran Ceasefire Tensions Rise
ABUJA, Nigeria – Global markets turn volatile as oil prices climb and equities retreat amid fears that a fragile ceasefire between the United States…
Tinubu Commissions Lagos Projects, Promises People-Focused Growth Drive
LAGOS, Nigeria – President Bola Ahmed Tinubu commissions major infrastructure projects in Lagos, declaring that development must be tangible and directly improve citizens’ lives.…
FG Rejects Collapse Claims, Cites Security Gains, Economic Recovery
ABUJA, Nigeria – The Federal Government of Nigeria rejects claims that the country is nearing collapse, insisting that security operations and economic reforms are…
Kobo by Kobo: The Silent Siphon Draining Nigeria’s Bank Accounts
ABUJA, Nigeria – The alert tone is now part of Nigeria’s daily rhythm — a soft ping that signals money received or sent. For…
Nigeria’s Housing Dream on the Brink: Inside the Relentless Rise of Building Costs
ABUJA, Nigeria – On a dusty stretch of Kubwa, where half-built homes stand like abandoned promises, the price of a single plank tells a…
FG Defends Tax Reforms, Says KPMG Misread New Laws
ABUJA, Nigeria – The Federal Government is pushing back against criticism of Nigeria’s newly enacted tax reforms, insisting that KPMG Nigeria has misinterpreted the…
Budget Chief Defends Tinubunomics, Rejects ‘Arithmetic Illusions’ Claims
ABUJA, Nigeria – Nigeria’s Budget Office says Tinubunomics targets structural reform, not instant wealth, dismissing claims built on “arithmetic illusions” and misread public finance.…
Sixteen Banks Meet CBN Capital Rules Ahead of 2026 Deadline
ABUJA, Nigeria – Sixteen Nigerian banks have already met the Central Bank of Nigeria (CBN) capital requirements, with about 100 days remaining before the…