Business
Money market
The Alternative Bank drives skills-based autism care, funding and education reform
Frank Okon Stakeholders at a policy dialogue convened by The Alternative Bank have called for a major shift in Nigeria’s approach to autism care, urging a move away from an exclusive focus on traditional academic learning toward vocational training, talent…
UK-Nigeria creative fund targets local production gaps in $3bn industry
Frank Okon The United Kingdom has launched a new Creative Fund aimed at strengthening Nigeria’s film, fashion and music industries by closing long-standing technical gaps that have limited local production capacity and forced parts of the sector to rely on…
Nigeria firms get $83m IFC-Norfund funding for off-grid power development
500,000 households to be connected, 2.9m people to be served Ziggy Ojiegbe A new financing push led by the International Finance Corporation and Norway’s Norfund is set to expand electricity access to millions of Nigerians living beyond the reach of…
Economy
Nigeria’s PMI drops in April
Nigeria’s economic activities shrunk to 49.4 points from its previous 50-point threshold, according to the Central Bank of Nigeria (CBN). The CBN which disclosed this in its newly-released Purchasing Managers’ Index (PMI) report for April 2026, noted that the…
Petrol prices rise by 22.55% — NBS
National Bureau of Statistics (NBS) has disclosed in its Price Watch report for March 2026, that the average retail price of premium motor spirit (PMS) also known as petrol rose to N1,288.54, representing a 2.13 per cent year-on-year increase…
Senate confirms Umar as NMDPRA, as new boss assures on national energy security
Senate has confirmed Rabiu Umar as the new Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). Umar was screened by the senate, last Tuesday, May 5 following his nomination for the post by President Bola Tinubu,…
Politics
Trust on Trial: INEC and the future of Nigeria’s elections
By Ebuka Ukoh Democracies do not run on assurances. They run on trust. And trust, once weakened, demands more than denials to fix. The allegation that the Chairman of the Independent National Electoral Commission (INEC), Joash Amupitan, operated a Twitter…
Nigeria’s Mass terrorism trials, US labels and Tinubu’s political optics
Rita Olaniyi The United States’ decision to issue a travel warning on Nigeria, citing terrorism, kidnapping risks and civil unrest, has intensified scrutiny of the country’s security situation at a moment when authorities are staging one of the largest terrorism…
Machado’s Nobel Peace Prize offer to Trump signals broader support for regime change
Ziggy Ojiegbe Venezuelan opposition leader María Corina Machado said on Monday she wants to share her Nobel Peace Prize with U.S. President Donald Trump in recognition of Washington’s recent military operation that led to the capture of former President Nicolás…
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