Inflation Falls to 16.05% Amid Food Price Drop
Nigeria's inflation rate declines to 16.05% in October 2025 as food prices drop and naira strengthens. Farmers lament crashing prices while government nears 15% target.
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Inflation falls to 16.05% in October 2025
Nigeria's inflation rate drops to 16.05% in October 2025, marking the lowest level since 2017. Discover how food prices and policy changes are driving this positive trend.
Nigeria's Inflation Falls to 16.05% in October
Nigeria's inflation rate declines to 16.05% in October 2025, marking seventh consecutive month of decrease. Food prices show moderation. Read latest economic update.
Naira falls against dollar despite rising FX reserves
Naira depreciates to N1,442.43/$1 in official market as foreign exchange demand increases ahead of festive season. Nigeria's FX reserves climb to $43.5 billion - the highest level in six years.
CBN Sells $50m to Banks as Naira Falls Amid Dollar Demand
Central Bank intervenes with $50 million FX sale to Access, Zenith, UBA amid naira volatility. Naira falls to N1,472/$ in parallel market despite reserves growth. Read latest analysis.
N300m Gold Theft Case Adjourned to January 2026
FCT High Court adjourns N300m gold theft case to January 19-20, 2026. Defendants accused of stealing Hajia Halima Suleiman's jewellery. Get the latest court updates.
CBN Rate Hikes Boost Fixed Income Demand in Nigeria
CBN's aggressive 875bps interest rate hikes in 2024 dramatically increased demand for fixed income instruments while crowding out private sector borrowing. Discover key market impacts.
Naira gains as external reserves reach $43.4 billion
Nigeria's naira recovers against USD, trading at N1441 after external reserves surge to $43.4bn. Market sentiment improves as blocked funds decline. Read latest FX updates.
Man arrested for raping 9-year-old in Abuja
Vigilantes arrest Muazu Usman for allegedly raping a 9-year-old girl in Pasali community, Gwagwalada. Police confirm case, suspect to face charges.
Naira falls to 10-day low against US dollar
Naira reverses gains, crashing to N1,443.08 against USD in official market. Third straight day of losses as mid-month demand pressures mount. Read full analysis.
Naira Gains as Pound Sterling Falls Below N2,000 Mark
Nigerian naira strengthens significantly against British pound, dropping below N2,000 in both official and parallel markets. CBN reforms drive currency stability as forex reserves hit $43.34 billion.
Asian Markets Up on US Shutdown Deal, Rate Cut Hopes
Asian equities rose as the US shutdown nears its end and fresh jobs data boosted expectations for a December Fed rate cut. Discover the market impact.
Nigeria's Electricity Customers Rise to 11.96 Million
Nigeria's active electricity customers increased to 11.96 million in August 2025, with a metering rate of 55.01%. Discover the latest NERC data and which DisCos are leading.
Naira Exchange Rate Stable Amid FX Reserve Growth
Nigerian naira shows minimal movement across forex markets as external reserves reach $43.34 billion. Expert analysis reveals stability outlook amid fluctuating dollar supply.
Regina Daniels' Brother Arrested Over Fraud Claims
Federal Capital Territory Police Command confirms arrest and arraignment of Samuel Nowa, brother of Nollywood actress Regina Daniels, over alleged fraud and criminal conspiracy.
Police arrest suspect in Rivers orphan's rape-murder case
Rivers State Police Command makes breakthrough arrest in tragic case of 20-year-old orphan Mercy Peter, bringing hope for justice in brutal rape and murder investigation.
Ondo Police Arrest Car Thief Using Sedative-Laced Drink
Ondo State Police apprehend suspect who allegedly stole a vehicle after plying the owner with alcohol mixed with sleeping pills. Full details of the cunning operation revealed.
Ogun Police Bust Cameroonian Human Trafficking Ring
Ogun State Police Command has dismantled a sophisticated Cameroonian human trafficking syndicate, rescuing multiple victims in a major operation that exposes cross-border criminal networks.
Abuja University Fees 2025/2026: Affordable Options Revealed
Comprehensive analysis of Abuja university fees for 2025/2026 session. Discover which institutions offer quality education without breaking the bank and get expert tips for budget planning.
ICPC arraigns woman for UK visa fraud using fake documents
ICPC prosecutes Abuja woman for forging marriage documents and UAE passport stamps in elaborate UK visa scam. Full details of the courtroom drama.
Kano Police Bust SIM Card Syndicate, Recover ₦17M
Kano State Police Command has dismantled a sophisticated SIM card syndicate, arresting six suspects and recovering over ₦17 million in a major crackdown on telecommunications fraud.
US arrests Nigerian in Germany's €300M fraud case
American law enforcement has apprehended a Nigerian national and four accomplices wanted by Germany for orchestrating a massive €300 million fraud scheme spanning multiple countries.
Woman Beaten to Death Over Car Damage in Ajah
Shocking incident in Lagos as a young woman loses her life after allegedly damaging a man's vehicle, sparking outrage and raising questions about mob justice in Nigeria.
Naira Falls Again: Loses Ground Against US Dollar
The Nigerian naira has reversed its recent gains, depreciating significantly against the US dollar across both official and parallel markets. This latest development raises concerns about currency stability and economic recovery efforts.
Borno Child Immunization Rate Reaches 44%
New data reveals Borno State has achieved 44% immunization coverage for children, marking significant progress in healthcare delivery despite security challenges in Northeast Nigeria.
CBN Policy Updates: Essential Guide for Nigerian Forex Traders
Discover why Nigerian forex traders are closely monitoring CBN policy updates and how these decisions directly impact currency volatility, trading strategies, and profit opportunities in the volatile Naira market.
Naira Stages Impressive Comeback Against Dollar
Nigeria's currency shows remarkable strength with improved FX liquidity and growing reserves, signaling positive economic turnaround.
Regina Daniels' Brother Charged in Court Over Family Protection
Don Emeka Adeh, brother to Nollywood actress Regina Daniels, faces criminal charges in Abuja court for alleged assault while protecting family from intruders. Latest celebrity news from Nigeria.
Nigeria Private Sector Growth Hits 6-Month High
Nigeria's private sector shows strongest growth in six months as business output and new orders surge, signaling economic recovery despite persistent inflation challenges.
Operation Know Your Neighbour Yields Results in Ebonyi
The Nigeria Security and Civil Defence Corps reports significant breakthroughs in crime prevention through community engagement and intelligence gathering in Ebonyi State.
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