Nigeria’s headline inflation rate rose slightly to 15.69 percent in April 2026, from 15.38 percent recorded in March 2026, according to the latest Consumer Price Index report released by the National Bureau of Statistics (NBS$. But the bureau said the latest figures showed a sharp decline when compared with the 26.82 percent recorded in April 2025. The report follows the …
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Gbajabiamila opened up about Obasa’s crisis, saying Desmond Elliot almost lost his position as chief of staff
President Bola Tinubu’s Chief of Staff, Femi Gbajabiamila, has revealed how the political turmoil surrounding the leadership crisis in the Lagos State House of Assembly almost cost him his position in the presidency over allegations linking actor-turned-lawmaker Desmond Elliot to the controversy. Gbajabiamila made the shocking revelation on Thursday at a stakeholders meeting in the constituency in Lagos, where he …
Read More »Top 10 stories from all Nigerian Newspapers, Friday 15 May
Here are the top ten stories from across the country 1. Makinde declares 2027 presidential ambitions Oyo State Governor, Seyi Makinde, on Thursday declared his efforts to contest the 2027 presidential election under the platform of the Allied Peoples Movement (APM).Read more 2. Presidency 2027: PRP, Kwankwaso camps clash over alleged demand for automatic tickets New controversy has emerged ahead …
Read More »Top 10 stories from all Nigerian Newspapers, Thursday 14 May
Top 10 stories from all Nigerian Newspapers, Thursday 14 May Here are the top ten stories from across the country 1. Court sentences former Minister of Power, Saleh, to 75 years in prison for N22 billion project fraud Judge James Omotosho of the Federal High Court, has sentenced former Minister of Power, Saleh Mamman to 75 years in prison for …
Read More »NGX: Study Africa, Fidson suffered the biggest loss as investors lost N383 billion
Investors in the Nigerian equity market lost N383 billion at the close of trading on Thursday, halting the recent bullish run. This follows a plunge in the prices of shares such as Learn Africa, Fidson and Austin Laz, among others, on the stock exchange floor. The benchmark All-Share Index (ASI) fell to 252,243.11 points from 252,508.19 points the previous day. …
Read More »2027: Governor Makinde will run for president under APM
Oyo State Governor, Seyi Makinde, has officially declared that he will contest to take over as President Bola Tinubu in the 2027 elections. Makinde stated on Thursday that he would do this under the banner of the Allied People’s Movement (APM). The governor announced this at a public meeting held at Mapo Hall in Ibadan, the state capital, finally ending …
Read More »EFCC arrests energy commission boss over alleged N500 billion fraud
The Economic and Financial Crimes Commission has arrested the Director General of the Nigerian Energy Commission, Mustapha Abdullahi, on charges of money laundering, Blow report. A source at the EFCC confirmed the news to journalists on Wednesday. He said Abdullahi was arrested in Abuja and is currently in the custody of the commission for questioning over alleged N500 billion fraud. …
Read More »NGX: Animal Feed, Daar Communications led gains as investors made N440 billion
Investors in the Nigerian equity market earned N440 billion at the close of trading on Wednesday. This follows a surge in the prices of shares such as Livestock Feeds, Daar Communications and CWG, among others, on the stock exchange floor. The benchmark All-Share Index (ASI) index increased to 252,508.19 points from 252,411.67 points the previous day. After five hours of …
Read More »2027: NDC pegs presidential form at N60m, sets date for primaries
The Nigerian Democratic Congress (NDC) has announced that the presidential Nomination and Statement of Interest form ahead of the 2027 general elections will be worth N60 million. The National Chairman of the party, Moses Cleopas, who disclosed this in a statement made available to journalists in Abuja on Tuesday, also stated that the NDC presidential primaries are scheduled to be …
Read More »JUST IN: Court sentences former Power Minister, Saleh to 75 years in prison for N22 billion project fraud
Judge James Omotosho of the Federal High Court, has sentenced former Minister of Power, Saleh Mamman to 75 years in prison for acts of corruption related to the Mampilla and Zungeru hydroelectric projects. The trial judge on Wednesday found Mamman guilty on a 12-count indictment and stated that the prison terms would run consecutively, bringing the total sentence to 75 …
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