Abuja, Nigeria | Tuesday, September 16, 2025 Nigeria’s headline inflation rate moderated to 20.12% in August 2025, a drop from the 21.88% recorded in July, according to the latest data released by the National Bureau of Statistics (NBS). The decline reflects a slowdown in the rate at which food and energy prices are rising, providing
Abuja, Nigeria | Tuesday, September 16, 2025 Ekiti State has emerged as the first South-Western state to lead Nigeria’s inflation chart following the recent rebasing of the Consumer Price Index (CPI) by the National Bureau of Statistics (NBS). The latest inflation figures show that Ekiti recorded the highest year-on-year inflation rate among all states, surpassing
Lagos, Nigeria | Tuesday, September 16, 2025 Aliko Dangote, President and Chief Executive of Dangote Petroleum Refinery, has announced that the company’s planned deployment of 4,000 Compressed Natural Gas (CNG)-powered trucks across Nigeria will generate no fewer than 24,000 jobs. The move is part of the refinery’s broader strategy to transform fuel distribution, reduce logistics
Abuja, Nigeria | Tuesday, September 16, 2025 The Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has urged Nigerian women to take a more prominent role in the fight against corruption, stressing that their involvement is critical to building a transparent and accountable nation. Olukoyede made the call during a stakeholders’
Abuja, Nigeria | Tuesday, September 16, 2025 The Economic Community of West African States (ECOWAS) has reaffirmed its commitment to strengthening economic and social integration across the region with the advancement of the Praia–Dakar–Abidjan motorway project. The ambitious transnational road network is expected to link Cape Verde’s capital, Praia, with Dakar in Senegal and Abidjan
Doha, Qatar | Tuesday, September 16, 2025 Muslim leaders from across the Arab and Islamic world have called for urgent collective action to counter what they described as Israel’s “treacherous” aggression and expansionist ambitions. The call was made at the ongoing Arab–Islamic Summit in Doha, Qatar, convened in response to last week’s Israeli airstrike on
Abuja, Nigeria | Tuesday, September 16, 2025 President Bola Ahmed Tinubu is expected to arrive in Abuja today, September 16, 2025, ahead of schedule to resume official duties after a working visit to Paris, France. While in Paris, President Tinubu held a strategic meeting with his French counterpart, President Emmanuel Macron, at the Élysée Palace.
Abuja, Nigeria | Tuesday, September 16, 2025 Nigeria’s pension industry continues to exhibit a high level of concentration, with just five Pension Fund Administrators (PFAs) controlling almost half of total pension assets under management (AUM). According to latest data from the National Pension Commission (PenCom), the top five PFAs managed a combined ₦11.58 trillion as
Abuja, Nigeria | Tuesday, September 16, 2025 The Federal Government has ordered the immediate suspension of the 4% Free on Board (FOB) levy recently introduced by the Nigeria Customs Service (NCS), following widespread concerns raised by industry stakeholders. The Ministry of Finance, which announced the decision on Tuesday, explained that the suspension came after extensive
Abuja, Nigeria | Tuesday, September 16, 2025 The Nigeria Customs Service (NCS) has announced an extension of the clearance window for overtime cargoes from 90 days to 120 days, in a move aimed at easing port congestion and supporting trade facilitation across the country. The development was confirmed on Tuesday in Abuja by the Comptroller-General
