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Nigeria's Food Inflation Climbs to 20.31% in July

Nigeria, Aug. 18 -- Nigeria's food inflation rate jumped to 20.31% in July 2026, reaching its highest level in 10 months despite a slowdown in overall inflation. According to the latest Consumer Pric... Read More


EFCC Recovers $60m in Nestoil Debt Settlement

Nigeria, Aug. 17 -- The Economic and Financial Crimes Commission, EFCC, has facilitated the recovery of $60 million from indigenous oil and gas company Nestoil Limited, with the funds paid to a consor... Read More


Dangote Sugar Raises N498.57bn as Rights Issue Exceeds Target

Nigeria, Aug. 17 -- Dangote Sugar Refinery Plc has raised N498.57 billion after its rights issue attracted subscriptions worth 102.6 per cent of the shares offered to investors. The company received ... Read More


Flick wants more signings despite Barcelona's Rodri breakthrough

Nigeria, Aug. 17 -- Barcelona manager Hansi Flick has called for further reinforcements despite reports that the club has reached an agreement to sign Manchester City midfielder Rodri for £65 mil... Read More


Why Nigerians Loathe Tinubu

Nigeria, Aug. 14 -- President Bola Tinubu's economic reforms are facing growing criticism as Nigerians continue to struggle with higher food, transport, housing and energy costs more than three years ... Read More


DMO Raises N5.86 Billion From August Savings Bonds

Nigeria, Aug. 14 -- The Debt Management Office (DMO) raised N5.86 billion through the Federal Government of Nigeria Savings Bond in August 2026, although the amount was N330 million lower than the N6.... Read More


Naira Climbs to N1,360 Per Dollar, Strongest Level Since June

Nigeria, Aug. 13 -- The naira strengthened to N1,360.15 per dollar at the Nigerian Foreign Exchange Market on Wednesday, recording its strongest closing level since June 16. According to the Central ... Read More


Nigeria Leads Africa in Food Insecurity as 36.3 Million Face Crisis

Nigeria, Aug. 13 -- Nigeria has the highest number of people facing crisis level food insecurity in Africa with 36.3 million individuals, according to the July 2026 Food Security Monitor by the Allian... Read More


Super Falcons Face Banyana in Crucial World Cup Playoff

Nigeria, Aug. 13 -- Nigeria Super Falcons are scheduled to face their historic rivals South Africa Banyana Banyana today, in a friendly match at a tie-breaker for the 2027 FIFA Women's World Cup playo... Read More


Chelsea Give Man City Friday Deadline for £120m Enzo Fernandez Bid

Nigeria, Aug. 13 -- Chelsea have set Manchester City a Friday deadline to make an offer for Enzo Fernandez if they want to sign the midfielder before the transfer window closes. City have until 5pm o... Read More