Economy

Economy

Economics and Sociology

Nigeria’s inflation eases to 15.06% in February

Nigeria’s inflation eases to 15.06% in February

Africa-Press - Nigeria. Nigeria’s inflation rate eased to 15.06 per cent in February 2026, down from 15.10 per cent in January. The National Bureau of...
Update on fuel pump price after Dangote Refinery hike

Update on fuel pump price after Dangote Refinery hike

Africa-Press - Nigeria. Nigerian National Petroleum Company Limited, NNPCL, retail outlets and other filling stations in Abuja are yet to increase their fuel pump...
NAFDAC Orders Recall of Male Enhancement Capsules

NAFDAC Orders Recall of Male Enhancement Capsules

Africa-Press - Nigeria. The National Agency for Food and Drug Administration and Control, NAFDAC, has warned the public about the recall of all batches...
EFCC Witnesses Link Malami's Wife Son to N8.7bn Fraud

EFCC Witnesses Link Malami’s Wife Son to N8.7bn Fraud

Africa-Press - Nigeria. The trial involving the former Attorney-General of the Federation and Minister of Justice, Abubakar Malami, SAN, along with his wife, Asabe...
Umahi Denies Leniency in 2021 Missing NELAN Engineers Case

Umahi Denies Leniency in 2021 Missing NELAN Engineers Case

Africa-Press - Nigeria. Minister of Works, Sen. David Umahi, on Monday denied treating the issue of five missing NELAN engineers, who have been missing...
Customs Seizes 1.35 Billion Naira in Contraband

Customs Seizes 1.35 Billion Naira in Contraband

Africa-Press - Nigeria. The Ogun 1 Area Command of the Nigeria Customs Service, NCS, has seized various contrabands worth N1.35 billion from multiple locations...
EFCC arraigns ex-convict for alleged N12m theft

EFCC arraigns ex-convict for alleged N12m theft

Africa-Press - Nigeria. The Economic and Financial Crimes Commission, EFCC, on Monday arraigned an ex-convict, Oluokun Gabriel Adekola, before Justice Rahman Oshodi over an...
Energy Group Urges Tinubu to Reconsider Petrol Permits

Energy Group Urges Tinubu to Reconsider Petrol Permits

Africa-Press - Nigeria. An energy policy group has advised President Bola Ahmed Tinubu to reconsider the wider economic consequences of newly issued permits allowing...
Naira records second straight week of massive depreciation against US dollar

Naira records second straight week of massive depreciation against US dollar

The naira ended the second week in a significant depreciation against the dollar in official and parallel foreign exchange markets. On Friday, the Central Bank...
Recapitalization: CBN gives update as 30 Nigerian banks meet new minimum capital requirements

Recapitalization: CBN gives update as 30 Nigerian banks meet new minimum capital requirements

The Central Bank of Nigeria says 30 banks have, as of March 2026, met its minimum capital requirements ahead of the March 31 deadline. The...