Inflation Falls to 18.02% as Food, Logistics Costs Ease Nigeria’s inflation rate fell sharply to 18.02% in September, marking its biggest decline in recent years, driven by lower food prices, a more stable naira, and reduced logistics costs that eased...

Host Communities Vow to Protect 3% Oil Fund Host communities in the oil-rich Niger Delta have assured President Bola Tinubu of their readiness to manage the three per cent Host Community Development Fund with transparency and accountability, pledging that the...

Reps Launch Probe into $35m Modular Refinery Project  The House of Representatives on Wednesday resolved to investigate the state of the $35m modular petroleum refinery in Brass, Bayelsa State. The resolution of the House followed the adoption of a motion of...

Business Mogul and Philanthropist Alhaji Ali Akinyele Dies at 78 Alhaji Ali Oladeinde Akinyele, the founder of the prominent manufacturing firms AkinOcean Nigeria and Allison Foam, has died at the age of 78. He passed away on Wednesday morning after...

Naira Gains in Black Market, Slides at Official Window on Oct 15 The naira appreciated against the U.S. dollar on Wednesday, October 15, in the parallel market but slipped slightly at the Nigerian Foreign Exchange Market (NAFEM). Currency dealers in Abuja...

Tinubu’s Investment Trips and the Promises Yet to Manifest By Tahir Ahmad I have watched President Bola Ahmed Tinubu crisscross continents with both admiration and concern. Admiration, because he has managed to bring back tangible promises and deals that could reshape...