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Rhoda Onuzulike

Equity Market Sees Largest 2025 Decline As NGX Loses N1.06trn

The Nigerian Exchange Limited (NGX) recorded a significant decline Tuesday as market capitalization dropped by ₦1.06 trillion, driven by selloffs in 41 stocks. The...

TCN Requires N2.8trn to Execute 149 Projects— Power Minister

The Minister of Power, Adebayo Adelabu has disclosed that the Transmission Company of Nigeria, TCN, needs about N2.8 trillion to execute 149 projects to...

CBN Fines 9 Banks N1.35bn Over ATMs Cash Scarcity

The Central Bank of Nigeria has sanctioned nine Deposit Money Banks with fines totaling N1.35bn for failing to ensure cash availability via Automated Teller...

Inflation hits 34.80% in December

Nigeria’s Headline inflation rate climbed to 34.80% in December 2024, according to a report by the National Bureau of Statistics (NBS) on Wednesday. The headline...

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Dangote Refinery Cuts Petrol And Diesel Prices By ₦100+

Dangote Refinery has announced a reduction in petrol and diesel prices by up to ₦190. According to the latest pricing template released by the refinery on March 10, 2026, the price of petrol at the gantry has dropped by ₦100, from ₦1,175 per litre to ₦1,075 per litre. The...

Katsina Bandit Attacks Kill 14, Leave Many Injured

At least 14 people have lost their lives and several others were injured in two separate bandit attacks in Katsina State’s Dandume and Musawa local government areas. In the first incident, armed assailants stormed the Dansoda community in Dandume LGA around 8 p.m. on Tuesday, killing 11 residents. A...

Why India, Other Countries Are Rejecting Tinubu’s Ambassadorial Nominees

President Bola Tinubu approved the deployment of 65 ambassadors-designate and high commissioners on March 6, following their confirmation by the Senate in December 2025. The move was aimed at restoring Nigeria’s diplomatic representation across several countries and international organisations after months of vacancies in many foreign missions. The...