Sowore Pledges Fuel Subsidy Return If Elected

Sowore Pledges Fuel Subsidy Return If Elected

Omoyele Sowore has pledged to restore Nigeria’s petrol subsidy if he wins the presidency. The African Action Congress politician argues that removing the price cushion has driven millions of citizens into deep economic distress. His declaration directly challenges the central economic policies of the current administration. President Bola Tinubu scrapped the decades-old support program in…

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Dangote Dismisses Petrol Re-Import Allegations as Baseless

Africa’s largest refinery has pushed back against allegations that petrol produced at its Lagos facility is shipped to Lomé in Togo and then quietly returned into the Nigerian market, describing the claims as commercially illogical, contractually barred, and unsupported by trade data. Dangote Petroleum Refinery and Petrochemicals issued the rebuttal on Tuesday, June 23, 2026,…

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Nigerian Inflation Easing to 15.51 Percent

Energy Shocks Threaten Nigeria’s Fragile Inflation Gains

Nigeria’s nascent battle against inflation faces a fresh assault from global energy markets, despite a marginal dip in headline figures. Data for February 2026 shows inflation eased to 15.06% year-on-year, down from 15.10% in January. While this appears positive compared to the 26.27% recorded a year ago, the Centre for the Promotion of Private Enterprise…

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