88 m. ago Cardoso signals interest rates may slow on likely inflation drop

Nigeria’s Central Bank Governor Olayemi Cardoso says key benchmark interest rates which have stayed higher for longer may begin to read more Cardoso signals interest rates may slow on likely inflation drop

Politics

4 h. ago World Bank projects Nigeria’s inflation to ease to 22.1% in 2025

From Adanna Nnamani, Abuja The World Bank has forecasted Nigeria’s inflation rate to average 22.1% in 2025, a decline attributed to the Central Bank of Nigeria’s (CBN) stringent monetary policies aimed at stabilising prices and anchoring inflation expectations. The projection was announced in a statement on Monday, May 12, coinciding with the launch of the […] The post World Bank projects Nigeria’s inflation to ease to 22.1% in 2025 appeared first on The Sun Nigeria.

Politics

4 h. ago $700m CVFF disbursement to attract single digit interest rate — NIMASA

Tribune Online $700m CVFF disbursement to attract single digit interest rate — NIMASA The Cabotage Vessel Financing Fund (CVFF), to be disbursed by the Federal Ministry of Marine and Blue Economy through the Nigerian Maritime Administration and Safety Agency (NIMASA), shall attract a single-digit interest rate. $700m CVFF disbursement to attract single digit interest rate — NIMASA Tribune Online

Politics

4 h. ago Selfish interest may kill PDP, party can’t win in 2027 —Wike

Tribune Online Selfish interest may kill PDP, party can’t win in 2027 —Wike Federal Capital Territory (FCT) Minister, Barr. Nyesom Wike, has said that selfish interests may destroy the Peoples Democratic Party (PDP) and eventually cause the party to lose the 2027 elections. Selfish interest may kill PDP, party can’t win in 2027 —Wike Tribune Online

Politics

4 h. ago Fire Razes Furniture Workshop, Church In Oyo, Destroys Properties

Some properties worth millions of naira have been destroyed, following a fire outbreak at a furniture workshop and a church in Sogoye Bode, Ibadan, Oyo State. In a statement on Sunday, by Chairman of the State Fire Service, Mafuf Akinwande, disclosed that the inferno erupted on Saturday. He noted that the fire was caused by […] The post Fire Razes Furniture Workshop, Church In Oyo, Destroys Properties appeared first on Information Nigeria.

Politics

5 h. ago OFFCUT: Petrol price slash only seen online, not at filling stations — Netizens lament

Tribune Online OFFCUT: Petrol price slash only seen online, not at filling stations — Netizens lament @Amaechi Kenneth wrote, “Only on social media. We don't see it reflect on the citizens”  OFFCUT: Petrol price slash only seen online, not at filling stations — Netizens lament Tribune Online

Politics

6 h. ago UK tightens student, graduate visa rules amid rise in asylum claims

Tribune Online UK tightens student, graduate visa rules amid rise in asylum claims To address this, the UK will toughen rules for universities that sponsor international students. UK tightens student, graduate visa rules amid rise in asylum claims Tribune Online

Politics

9 h. ago Nigeria’s inflation to average at 22% in 2025 if CBN holds tight monetary policy – World bank

…says macroeconomic situation improving, urges govt to undertake more reforms Nigeria’s inflation rate could decline to an annual average of read more Nigeria’s inflation to average at 22% in 2025 if CBN holds tight monetary policy – World bank

Politics

11 h. ago China dismisses claims on visa delays, says late submission caused missed competition

The Embassy of China in Nigeria has responded to claims by the Athletics Federation of Nigeria (AFN) that visa delays read more China dismisses claims on visa delays, says late submission caused missed competition

Politics

11 h. ago UTME Mass Failure: JAMB Engages VCs, IT Experts To Probe Alleged Technical Glitches

Following widespread complaints about poor performance in the 2025 Unified Tertiary Matriculation Examination (UTME), the Joint Admissions and Matriculation Board (JAMB) has launched an investigation into alleged technical glitches. The board was also collaborating with Vice Chancellors and IT experts to determine the root cause and ensure that affected candidates receive appropriate remedies if any […]

Politics

12 h. ago Leadership failure causes insurgency, corruption in Nigeria — UNIFEMGA

Tribune Online Leadership failure causes insurgency, corruption in Nigeria — UNIFEMGA " failure of leadership in Nigeria in the past has caused the nation a lot of challenges ranging from civil strife, insurgency, banditry, kidnapping, .. Leadership failure causes insurgency, corruption in Nigeria — UNIFEMGA Tribune Online

Politics

12 h. ago Miyetti Allah Laments Insecurity, Killing Of 4 Million Cattle, 50,000 Herders In Northern Nigeria

Miyetti Allah Cattle Breeders Association of Nigeria has cried out over insecurity challenges affecting the northern part of the country. The group said that more than 50,000 Fulani Headers and approximately four million cattle have been lost to the region’s escalating violence. In a statement on Sunday by MACBAN President, Alhaji Baba Othman Ngelzarma, called […] The post Miyetti Allah Laments Insecurity, Killing Of 4 Million Cattle, 50,000 Herders In Northern Nigeria appeared first on Information Nigeria.

Politics

18 h. ago Experts cautions against idle deposits as banks grow investment securities to N41.7trn

…Say lenders prioritising low-risk instruments over private sector credit By Chukwuma Umeorah   Eight Nigerian banks, including Access Holdings, Zenith Bank, and United Bank for Africa (UBA), have increased their investment securities to a combined N41.78 trillion in the first quarter of 2025, a 1.65 per cent rise from N41.10 trillion in December 2024. As […] The post Experts cautions against idle deposits as banks grow investment securities to N41.7trn appeared first on The Sun Nigeria.

Politics

18 h. ago Oil production shortfall stifling Nigeria’s refining capacity

From Adewale Sanyaolu, Houston Texas The Petroleum Technology Association of Nigeria (PETAN) has lamented the country’s dwindling crude oil output, describing it as a major obstacle to unlocking Nigeria’s full refining capacity and achieving energy self-sufficiency. Chairman of PETAN, Mr. Wole Ogunsanya, stated this during an interview session with journalists on the sidelines of the […] The post Oil production shortfall stifling Nigeria’s refining capacity -PETAN appeared first on The Sun Nigeria.

Politics

24 h. ago Air Peace aircraft hits antelope at Asaba airport , causes flight disruptions

By Chinelo Obogo An aircraft belonging to Air Peace hit an antelope on the runway at Asaba Airport on Saturday, causing the death of the animal while damaging the plane. The severity of the damage has led to the classification of the Air Peace plane as Aircraft on Ground (AOG), grounding it and causing disruptions […] The post Air Peace aircraft hits antelope at Asaba airport , causes flight disruptions appeared first on The Sun Nigeria.

Transport

27 h. ago ASITU raises alarm over alleged N25bn secret SEDC loan, demands probe

From Jude Chinedu, Enugu The Association of Igbo Town Unions (ASITU) has condemned the South East Development Commission (SEDC) over allegations that it secretly secured a ₦25 billion loan at a 30% interest rate from a commercial bank without approvals from the Debt Management Office (DMO) or the National Assembly. In a statement issued on […] The post ASITU raises alarm over alleged N25bn secret SEDC loan, demands probe appeared first on The Sun Nigeria.

Politics

29 h. ago Earnings amid inflation: How Nigerian corporates are turning the tide

In a year marked by economic turbulence—currency devaluation, surging inflation, and interest rate hikes—Nigeria’s corporate boardrooms might have been expected read more Earnings amid inflation: How Nigerian corporates are turning the tide

Politics

29 h. ago Tinubu tasks next generation of Africans to rise with courage

From Aidoghie Paulinus, Abuja President Bola Ahmed Tinubu has urged Africa’s next generation, particularly in science, technology, education, governance, entrepreneurship, and the arts, to rise courageously and contribute to a united, peaceful, and prosperous continent. Represented by Minister of State for Foreign Affairs, Bianca Odumegwu-Ojukwu, Tinubu spoke as the special guest of honour at the […] The post Tinubu tasks next generation of Africans to rise with courage appeared first on The Sun Nigeria.

Politics

32 h. ago Fire Service Apologises Over Fatal Accident Involving Rescue Truck In Abuja

The management of the Federal Fire Service (FFS) has expressed deep regret over the tragic incident that occurred around 11:00pm on Friday at the ECOWAS Junction in Wuse 2, Abuja, where a collision between one of its rescue trucks and a Toyota Camry resulted in the loss of three young lives and left one survivor […]

Events

32 h. ago Export volume rises by 30% in 1 month at APM Terminals Apapa

By Steve Agbota APM Terminals Apapa has recorded its highest volume of exports in one month since its inception in 2006. The terminal had, in April 2025, handled 8,687 TEUs of export cargo, an over 30 per cent rise as against 6,606 TEUs recorded in April 2024. This was made known in a press statement […] The post Export volume rises by 30% in 1 month at APM Terminals Apapa appeared first on The Sun Nigeria.

Politics