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The state oil firm and private retailers in Abuja have raised petrol prices again, pushing the cost of a litre toward 1,500 Naira. This latest adjustment follows a year of relentless volatility that has left the capital city with empty roads and crowded bus stops. National oil company outlets now sell fuel at 1,364 Naira,…
Nigerian lawmakers have launched a sweeping investigation into how donor agencies spent $4.6 billion meant to fight HIV, malaria, and tuberculosis. The House of Representatives Committee on Infectious Diseases claims it will no longer tolerate the opaque spending habits of international partners. These funds arrived from the Global Fund and USAID between 2021 and 2025….
The number of Nigerian refugees who voluntarily returned home more than doubled within the first quarter of 2026, offering a cautious but measurable sign of progress in one of Africa’s most protracted displacement crises, even as internally displaced persons within Nigeria’s own borders continued to surge. Fresh data drawn from three successive Forcibly Displaced…
The collapse of the Mooro bridge in Kwara state has severed a primary artery for Nigeria’s internal food trade. A heavy truck triggered the structural failure on Wednesday night, effectively cutting off the state capital from its northern agricultural hubs. This corridor serves as the main transit point for grains, tubers, and perishables moving from…
Nigeria’s organised labour marked the 2026 May Day celebrations with a grim assessment of the national economy. Leaders of the Nigeria Labour Congress and the Trade Union Congress warned that rampant insecurity and deepening poverty now act as a blockade to decent work. When citizens cannot travel safely, markets fail. Agricultural output has stalled because…
President Bola Ahmed Tinubu has tapped Joseph Tegbe, a former KPMG partner, to lead the Ministry of Power. This choice signals a shift from political patronage to technocratic management in a sector that remains Nigeria’s most stubborn economic bottleneck. Tegbe replaces Adebayo Adelabu, who resigned to revive his quest for the governorship of Oyo State….
Nigerian petrol prices are climbing toward N1,400 per litre as a naval standoff in the Middle East chokes global supply. The failed ceasefire between the United States and Iran has kept the Strait of Hormuz closed, driving Brent crude from $105 to $118 per barrel in 48 hours. This volatility forced the Dangote Petroleum Refinery…
Nigeria’s Senate has approved a suite of laws to fix a broken food system and stop the drain on foreign reserves. The centrepiece is the National Food Reserve Agency Bill, which creates a formal network of grain silos to manage supply shocks. By storing staples when they are cheap and releasing them during lean seasons,…
Nigeria wants to outlaw the habit of dumping development plans whenever a new president takes office. The House of Representatives passed a bill through its second reading on Wednesday to create a 50-year national economic framework. This law would bind future governments to a single set of goals from 2026 until 2076. Lawmakers believe a…
American lawmakers have moved to halve financial assistance to Nigeria unless President Bola Tinubu’s administration proves it can protect the country’s Christian minority. The House Appropriations Committee passed the Fiscal Year 2027 National Security bill on Wednesday, introducing a sharp ultimatum to Abuja. Under the new provisions, 50 per cent of all foreign assistance funds…
