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Kale warns: Discipline key to sustaining Nigeria’s economic stability

By Babajide Komolafe Group Chief Economist at Afreximbank, Dr Yemi Kale, has warned that Nigeria’s emerging macroeconomic stability could be short-lived without sustained policy discipline, stressing that credibility remains critical to attracting long-term capital and shielding the economy from external shocks. Speaking at the FirstBank 2026 Nigerian Economic Outlook session, Kale said recent improvements in inflation […]

Nigeria’s average oil output rises 7% to 1.652m bpd in 11 months

By Udeme Akpan, Energy Editor Nigeria’s average oil output, including condensate, increased year-on-year to 1.652 million barrels per day in the first 11 months of 2025, from 1.544 million bpd in the corresponding period of 2024, indicating a 7 percent increase. Despite this, Nigeria did not meet its 2025 budget target of 2.06 million bpd during […]

5.36m electricity customers remain without meters — NERC

By Obas Esiedesa, Abuja The Nigerian Electricity Regulatory Commission (NERC) has disclosed that 5.36 million electricity customers nationwide remain without meters, leaving them exposed to the unpredictable estimated billing methods by distribution companies (DisCos). According to the Commission’s third-quarter 2025 industry report published on its website, as of 30 September 2025, only 6.662 million   of the 12.030 […]

Naira rises to N1,470/$ in parallel market

By Elizabeth Adegbesan The Naira yesterday appreciated to N1,470 per dollar in the parallel market from N1,475 per dollar on Monday. Similarly, the naira appreciated to N1,416 per dollar in the Nigerian Foreign Exchange Market, NFEM. Data from the Central Bank of Nigeria, CBN, showed that the exchange rate for the naira fell to N1,416 […]

AFRIMA 2016 African artistes, over 400 delegates in Lagos for 9th AFRIMA – Govt

By Olasunkanmi Akoni At least 16 leading African artists and over 400 delegates, have arrived Lagos, Nigeria to be part of the 9th edition of the All Africa Music Awards, AFRIMA which is being hosted by the Lagos State Government as part of drive to promote music and culture. Commissioner for Tourism, Arts and Culture, […]

Nigeria’s democracy facing existential threat — Atiku

Former Vice President, Atiku Abubakar, has warned that Nigeria’s democracy was facing an existential threat, accusing President Bola Tinubu’s administration of deliberately weakening opposition parties and shrinking democratic space in a manner that could lead to a de facto one-party state.

BAT group appoints Aderonke as media director

By Henry Obetta The BAT Ideological Group has announced the appointment of Arabirin Aderonke Atoyebi, a seasoned journalist and media professional, as its Director of Media and Publicity. Atoyebi brings nearly two decades of experience in journalism and strategic communication, earning a strong reputation for professionalism, credibility, and impactful storytelling. Her extensive media background is […]

Venezuela: NIIA, foreign policy experts slam US strike, Maduro’s capture

AS the condemnation over the recent US invasion of Venezuela and capture of its President, Nicholas Maduro, continues to grow, the Nigerian Institute of International Affairs, NIIA, and other foreign policy experts in Nigeria have taken a swipe at President Donald Trump, saying his action raised concern about growing trend of imperialism by global superpowers and global stability.

Rotimi assumes office as DPP, vows evidence -driven prosecutions

By Innocent Anaba The newly appointed Director of Public Prosecutions of the Federation, DPPF, Mr. Oyedepo Rotimi, SAN, has that he was committed to strengthening public prosecution in Nigeria to meet the country’s present national challenges and the demands of the future. He also expressed gratitude to President Bola Tinubu and the Attorney-General of the […]

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