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News
Fuel Price Crisis Deepens as Petrol Hits N1,400 and Transport Costs Rise
2+ hour, 14+ min ago (1670+ words) Posted by Chinenye on Fri 24th Jul, 2026 - tori.ng Nigerians are facing fresh pressure as petrol prices climb across several states, forcing transport operators and businesses to rethink their daily costs. Transport fares have risen again in parts of the country…...
Nigeria Inflation Drops Slightly as Food Prices Keep Rising
1+ week, 1+ day ago (396+ words) Posted by Chinenye on Thu 16th Jul, 2026 - tori.ng Nigeria’s latest inflation figures show a small decline, offering a slight relief after months of increases. The National Bureau of Statistics, NBS, disclosed yesterday that Nigeria's headline inflation rate eased slightly month-on-month,…...
World Bank Raises Alarm Over Nigeria’s Rising Poverty Challenge
1+ week, 1+ day ago (239+ words) The World Bank has disclosed that about 79 percent of Nigerians remain poor or at risk of slipping into poverty, despite nearly three years of far-reaching economic reforms introduced under President Bola Tinubu's administration. This is according to the World Bank's…...
Analyst Says Contractor Debt Payments Will Boost Economy and Benefit Nigerians
1+ mon, 2+ week ago (189+ words) A public affairs analyst and civil society advocate, David Matthew, has said the Federal Government's approval of debt payments to over 1,245 indigenous contractors will have a positive trickle-down effect on ordinary Nigerians. Matthew, in a statement issued on Tuesday, was…...
Eid-el-Kabir: Ram Prices Soar in Ibadan as Buyers Struggle Ahead of Sallah
2+ mon, 2+ day ago (33+ words) As Eid-el-Kabir approaches, residents in Ibadan are feeling the pressure of rising ram prices across major markets, with both buyers and sellers expressing concern over low patronage and reduced purchasing power....
Ali Baba Urges Nigerians to Turn Talent Into Value and Influence
2+ mon, 1+ week ago (452+ words) Veteran Nigerian comedian and entrepreneur Atunyota Akpobome, popularly known as Ali Baba, has charged Nigerians to make a conscious and deliberate effort to develop their talents to the level where they command both commercial value and meaningful societal relevance. Ali…...
Bola Ahmed Tinubu Woos Global Investors with Bold Economic Reforms in Paris
2+ mon, 2+ week ago (37+ words) At a high-stakes meeting in Paris, President Tinubu pitched Nigeria as a rising economic force, assuring top global investors like Amundi and Citibank that his administration is committed to fiscal discipline, transparency, and long-term growth....
“$1 Trillion Dream in Sight?” - Bola Ahmed Tinubu Woos Global Investors with Bold Economic Reforms in Paris
2+ mon, 2+ week ago (37+ words) At a high-stakes meeting in Paris, President Tinubu pitched Nigeria as a rising economic force, assuring top global investors like Amundi and Citibank that his administration is committed to fiscal discipline, transparency, and long-term growth....
BREAKING: Nigeria’s Inflation Eases To 15.06% In February
4+ mon, 1+ week ago (181+ words) Posted by Samuel on Mon 16th Mar, 2026 - tori.ng Nigeria’s inflation rate eased to 15.06% in February 2026, down slightly from 15.10% recorded in January. The National Bureau of Statistics, NBS, disclosed this in its February Consumer Price Index and inflation report released on…...
CBN Cuts Interest Rate To 26.50%
5+ mon, 5+ hour ago (193+ words) The Central Bank of Nigeria has reduced its benchmark interest rate by 50 basis points, lowering it from 27 percent to 26.50 percent. The CBN Governor, Olayemi Cardoso, announced this in a press briefing after its 304th Monetary Policy Committee on Tuesday. Cardoso said…...