Ayomide Kuku

Cooking Gas Prices Could Drop Before Next Year - NALPGAM

Cooking Gas Prices Could Drop Before Next Year – NALPGAM

Nigerian households may soon experience major relief from crushing energy bills. The Nigerian Association of Liquefied Petroleum Gas Marketers projects that retail cooking gas prices could crash to N900 per kilogram by the end of 2026. This optimistic forecast depends entirely on the federal government executing swift supply chain reforms. Consumers currently endure extreme financial…

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IMF Warns as Global Debt Nears 100%

IMF Warns Nigeria Against $5bn UAE Loan

The International Monetary Fund has cautioned the Federal Government over its proposed 5 billion dollar structured financing agreement with the First Abu Dhabi Bank. Christian Ebeke, the fund’s resident representative in Nigeria, warned on Tuesday that the complex derivatives-based transaction carries severe hidden fiscal risks. Speaking during a media briefing on the 2026 Article IV…

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FG Settles N333bn Debt Owed to Power Firms

FG Clears N700bn Contractor Debt to Boost Liquidity

The Federal Government has cleared more than 700 billion naira in verified debts owed to domestic contractors to inject immediate liquidity into the private sector. The massive fiscal release represents a coordinated effort by the treasury to settle long-standing obligations accumulated across various Ministries, Departments, and Agencies. Finance ministry records show that payment processing accelerated…

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Police Rescue Nine Kidnap Victims Across Nigeria

Police Name Suspects in Adelabu Family Abduction

The Oyo State Police Command has unmasked the core operational structure of the urban criminal syndicate behind the violent abduction of former Power Minister Adebayo Adelabu’s relatives. Police public relations officer Ayanlade Olayinka detailed the explicit roles played by four arrested principal suspects and two neutralised gang members on Sunday. Operatives rescued the victims, Olaide…

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Air Force Deploys Surveillance Planes After Oyo Abductions

Air Force Deploys Surveillance Planes After Oyo Abductions

The Nigerian Air Force has deployed specialised aerial surveillance aircraft to track bandits who abducted dozens of school children and teachers in Oyo State. Armed criminal gangs seized 18 primary pupils, seven secondary students, and seven teachers during coordinated raids on communities in the Oriire Local Government Area. One teacher died during the initial assault…

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Democrats Force Senate Vote Over Trump Slush Fund

Democrats Force Senate Vote Over Trump Slush Fund

Democratic senators have forced a vote on Donald Trump’s controversial 1.8 billion dollar settlement fund. The opposition party used a marathon legislative session known as a “vote-a-rama” to compel lawmakers to state their positions on the record. This maneuver targeted a fiscal structure that critics call a presidential piggy bank. It places congressional allies of…

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