Nigeria’s headline inflation rate eased to 15.15 per cent in December 2025, the National Bureau of Statistics (NBS) has reported. According to the latest Consumer Price Index (CPI) report released on Thursday, the CPI index rose to 131.2 points in December 2025 from 130.5 points in November, indicating that prices continued to rise but at a significantly slower pace. On a year-on-year basis, the inflation rate declined from 17.33 per cent in November 2025 and...

President Bola Tinubu has approved the cancellation of a substantial portion of the debts owed by the Nigerian National Petroleum Company Limited (NNPC Ltd) to the Federation Account, resulting in a reduction of approximately $1.42 billion and ₦5.57 trillion after a reconciliation of records. The approval was contained in a document prepared by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and presented at the November 2025 meeting of the Federation Account Allocation Committee (FAAC). According...

Ahead of the Christmas and New Year festive period, members of the Nigeria Labour Congress (NLC) took to the streets across the 36 states of the federation and the Federal Capital Territory (FCT) on Wednesday, protesting against the insecurity that has bedeviled the country. The protest, which commenced as early as 8 am in the nation’s capital, was led by the President of NLC, Joe Ajaero, accompanied by the former presidential candidate of the African...