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Nigeria’s inflation rises to 15.93% in May — NBS

By Progress Godfrey ABUJA — Nigeria’s headline inflation rose to 15.93 per cent in May 2026, up from 15.69 per cent in April, as persistent price pressures continued to impact household spending, according to the National Bureau of Statistics (NBS). The latest Consumer Price Index (CPI) report released on Monday showed that the index climbed […]

FG auctions forfeited properties for N6.15bn, says drug proceeds won’t be enjoyed

By Kingsley Omonobi The Federal Government has auctioned four properties forfeited by convicted drug traffickers for a total of N6.15 billion, reaffirming its commitment to ensuring that proceeds of crime do not remain in the hands of criminals. The assets, including a hotel in Lagos, were seized by the National Drug Law Enforcement Agency (NDLEA) […]

Otti vows to position Aba as entertainment, tourism hub

By Ugochukwu Alaribe UMUAHIA — Abia State Governor, Alex Otti, has pledged to position Aba as a major hub for film production, entertainment and tourism in Nigeria, as part of his administration’s drive to grow the creative economy. Otti made the commitment on Monday while receiving a delegation of Nollywood practitioners led by producer Francis […]

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