Food Crisis: Cost of healthy diet rises further — NBS Report
By Elizabeth Adegbesan Despite the moderation in inflation rate reported by the National Bureau of Statistics, NBS, the financial burden of feeding on Nigerian households may have intensified as the national average Cost of a Healthy Diet (CoHD) climbed to N1,541 per adult per in March 2026, about 4.4 per cent up from N1,477 in March […]
AfDB appoints Keyamo to lead $7bn Africa’s aviation transformation
The African Development Bank (AfDB) has appointed Festus Keyamo, Minister of Aviation and Aerospace Development, as the African champion for its $7 billion integrated aviation transformation programme for Africa (IATP). The bank said the appointment followed Nigeria’s “leadership and vision” in implementing policy reforms aimed at transforming the country’s aviation sector. In a statement, Tunde Moshood, […]
Oil revenue falls N7.88trn below budget target in Q3’25
By Emma Ujah, Abuja Bureau Chief Nigeria’s oil revenue performance fell sharply below budget expectations in the third quarter of 2025 (Q3’25), as the gross oil revenue stood at N4.87 trillion during the quarter, representing a shortfall of N7.88 trillion, or 61.8%, below the quarterly budget projection. This was revealed in the 2025 Q3 Budget Implementation […]
More woes for electricity consumers as power generation dips
There are indications that Nigerians and businesses may continue to grapple with an epileptic electricity supply, as generation dropped, yesterday, to 3,527.76 megawatts (MW), showing 877.28mw or 19.92 percent decrease, from 4,405.04MW recorded the previous day, according to data obtained from the Nigerian Independent System Operator (NISO). With critical electricity infrastructure struggling to maintain output, stakeholders […]
Tinubu’s Economic and Financial Reforms: Gains, Pains, and Missed Targets
CBN also implemented wide ranging foreign exchange reforms, chiefly the elimination of multiple exchange rates to curb arbitrage, enhance transparency and boost investors’ confidence.
Premium Pension posts 24% AUM growth, sustains dividend run
By Rosemary IwunzePremium Pension Limited has recorded total assets of N21.07 billion for the fiscal year ended December 31, 2025. This is against N15.84 billion recorded in 2024. This was disclosed to shareholders by the Chairman of the company, Maj. Gen. Bitrus Kwaji (Rtd) at its Annual General Meeting (AGM) in Abuja. He stated that […]
