Hunger Emergency: Akpabio Calls for Urgent Action on Rising Food Costs

Senate President Godswill Akpabio has sounded a strong warning over Nigeria’s worsening food situation, cautioning that rising prices and widespread hunger now pose a serious threat to national stability and citizens’ welfare. Speaking on Tuesday at the Senate’s first plenary session following the Christmas and New Year recess, Akpabio described the country’s food crisis as […]

Crude Oil Accounts for Over 56% of Nigeria’s Exports in Q3 2025 — NBS

Nigeria’s export earnings in the third quarter of 2025 were once again powered overwhelmingly by crude oil, with the commodity generating about ₦12.81 trillion and reinforcing the petroleum sector’s grip on the country’s foreign trade, according to new figures released by the National Bureau of Statistics (NBS). Data from the NBS Foreign Trade in Goods […]

CBN Exposes Unauthorised Microfinance Bank Operating in Lagos, Abuja, Kaduna, Kano

The Central Bank of Nigeria (CBN) has raised an alarm over the operations of an entity posing as a licensed microfinance bank, warning Nigerians to avoid any financial dealings with the organisation known as Zuldal Microfinance Bank Limited. In a statement released on Thursday via its official 𝕏 account, the apex bank clarified that Zuldal […]

FG Suspends Implementation of 15% Import Duty on Petrol, Diesel

The Federal Government has put a hold on its earlier plan to introduce a 15 percent import levy on petrol and diesel, a move that had sparked concerns among industry players and consumers. In an official statement released on Thursday, the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) confirmed the suspension, reassuring Nigerians of […]

Lagos Would Be Better Than London, New York If Nigeria Kept Oil Proceeds – Akon

Senegalese-American singer and entrepreneur Akon has stirred widespread conversation after sharing a bold vision of what Nigeria could have become had it retained full control of its oil wealth since independence. In a thought-provoking Instagram post, the Grammy-nominated artist reflected on how Nigeria’s economic and political landscape—and even the balance of global power—might look today […]

Ali Ndume Calls for Urgent Salary Increase for Nigerian Armed Forces Personnel

In a compelling motion presented in Abuja, Ali Ndume, Senator for Borno South and former Senate Leader, has called on the Federal Government to overhaul the salary and welfare of personnel in the Nigerian Armed Forces and allied security agencies. Titled “Urgent Need to Increase the Minimum Wage and Improve Conditions of Service for Members […]