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Nigeria’s headline inflation rate rose to 15.38 percent in March. The National Bureau of Statistics (NBS) revealed this in its Consumer Price Index (CPI) and Inflation Report March 2026, released on Wednesday in Abuja. The agency stated that the general inflation rate in March showed an increase of 0.32 percent compared to the general inflation rate in February of 15.06 …

A 20-year-old student of the University of Lagos told the State High Court, Ikeja, on Wednesday that she was allegedly raped by her lecturer, Dr. Samuel Ojogbo. The student, who was complained to by the State Counselor, Mr Owolabi Azeez, alleged that the lecturer forcibly raped her in his underground office. The victim stated that on August 21, 2025, he …

By Ayo Kehinde Nigeria is on the brink of a full-blown national crisis, the Arewa Consultative Forum (ACF) has warned, declaring that the country’s spiraling insecurity has effectively reached a “state of war” and calling for an immediate shift to war-like measures to prevent further national collapse. The stark warning was contained in a statement issued after the 38th meeting …

It’s an absolute fact. Nigeria is on the cusp of a mineral-led economic revival. Beneath its soil lies a vast deposit of more than 44 commercially viable minerals ranging from gold, lithium and zinc to limestone and coal, with a combined value of more than $700 billion. At a time when the global economy is shifting towards energy transition minerals, …

Nigeria’s currency, the naira, appreciated against the United States dollar at the official window on Wednesday. Officially, Central Bank of Nigeria (CBN) foreign exchange data shows that the naira closed at N1,343.74/$1, compared with N1,343.74/$1 on Tuesday. This represents a gain of N0.02 for the local currency against the dollar. On the black market, the naira appreciated by N3 against …

Arsenal have progressed to the semi-finals of the UEFA Champions League despite playing out a goalless draw with Sporting CP in the second leg of their quarter-final tie on Wednesday night. Leading 1-0 from the first leg in Portugal, the Gunners had the upper hand, and they held on goalless at the Emirates Stadium to beat the Portuguese. Arsenal reached …

In the mangrove-lined streams and bustling markets of the Niger Delta, the scent of crude oil has long defined daily life. For decades, the region’s nine states – Akwa Ibom, Bayelsa, Cross River, Delta, Edo, Imo, Ondo, Rivers and Abia – have fueled Nigeria’s economy through vast hydrocarbon reserves. Yet for many residents, that black gold has brought more curses …

ALIKO DANGOTE Prominent African industrialist and philanthropist, Aliko Dangote, has been named among TIME magazine’s 100 most influential people in the world for 2026, reaffirming his position as one of the iconic and most successful business leaders of his generation. Dangote joins globally influential figures from multiple sectors, including political leaders such as US President Donald Trump, Chinese President Xi …

The Senate Committee on Public Accounts on Wednesday gave the management of the Nigerian National Petroleum Company Limited (NNPCL) until April 29 to account for the N210 trillion flagged in the audit report from 2017 to 2023. The committee directed the Group Chief Executive Officer of NNPCL, Bayo Ojulari, to always be present with the previous GCEO, Mr. Melee Kyari, …

The Federal High Court, Ibadan, on Wednesday ordered the readmission of three students of the University of Ibadan. The students were suspended for protesting against the increase in school fees on May 13, 2024. The applicants – Aduwo Ayodele, Gbadegesin Iyanuoluwa and Linus Adaoma – filed a lawsuit against the University of Ibadan and its Vice Chancellor, Prof. Kayode Adebowale, …