Many Issues Around Makoko Demolition By Ajibade Esther Mosunmola Makoko, Nigeria's largest slum and home to over 200,000 people, experienced a shamble state, leaving residents stranded, confused, and unsettled with increasing death records after a government eviction sent excavators to carry out demolitions. The largely impoverished area,...

Nigeria’s Economy Showing Strong Improvement — Trade Minister Nigeria’s economy is showing strong signs of recovery, with declining inflation, rising investor confidence, and sustained growth above four per cent, the Minister of Industry, Trade and Investment, Dr Jumoke Oduwole, has said. Speaking in an interview with...

Court: Obasanjo Directed N11bn Increase in Mambilla Project Budget - Witness A prosecution witness on Wednesday told a Federal Capital Territory (FCT) High Court in Abuja that former President Olusegun Obasanjo directed the addition of ₦11 billion to funds already appropriated for the Mambilla Hydroelectric...

Nigerians Spent ₦1.58tn on Petrol in December 2025 — NMDPRA Nigerians spent an estimated N1.58tn on petrol in December 2025, based on official fuel consumption data released by the Nigerian Midstream and Downstream Petroleum Regulatory Authority. According to the NMDPRA December fact sheet, average daily petrol...

CBN Offers ₦1.15tn Bills as Liquidity Surges, Borrowing Pressures Mount The Central Bank of Nigeria was expected to conduct its second Treasury bills auction for January 2026 on Wednesday, offering instruments worth N1.15tn, as strong liquidity in the banking system collides with rising borrowing needs...

FG Pushes Local Power Components to Cut Forex Use The Minister of Power, Adebayo Adelabu, has challenged the Energy Commission of Nigeria and the Rural Electrification Agency to deepen collaboration aimed at boosting local production of electricity components, cutting imports, and conserving foreign exchange. Adelabu said...