Author: Mujeedat
The Chief Executive Officer of the Centre for the Promotion of Private Enterprise (CPPE), Dr. Muda Yusuf, has warned that recent modest improvements in Nigeria’s inflation figures could be reversed by the escalating geopolitical energy shock linked to the conflict in the Middle East. In a policy brief on the February 2026 inflation data, Yusuf acknowledged that the headline Consumer Price Index (CPI) eased slightly to 15.06% year‑on‑year from 15.10% in January and far below 26.27% a year earlier, but described the gains as fragile rather than a definitive turnaround. Yusuf credited the disinflation trend to base effects, past monetary…
The Nigerian Content Development and Monitoring Board (NCDMB) has reaffirmed its plan to open the Radisson Hospitality‑branded hotel and conference centre in Yenagoa by December 2026, positioning the facility as a world‑class hub for oil and gas stakeholders and wider business activity in the Niger Delta. NCDMB Executive Secretary Engr. Felix Omatsola Ogbe gave the assurance on Friday during a project management tour and workshop at the Nigerian Content Tower, where he hosted executives from Edison Properties and Megastar Technical and Construction Company. Ogbe stressed the need to complete and commission the 204‑room Radisson Conference Hotel Yenagoa on schedule, noting…
The Independent National Electoral Commission (INEC) Chairman, Professor Joash O. Amupitan, SAN, has called on Commission staff nationwide to turn the discipline of Ramadan into a renewed commitment to electoral integrity as Nigeria heads into the 2026 off‑cycle governorship elections in Ekiti and Osun states and the 2027 General Election. In a special Eid‑el‑Fitr message issued from INEC headquarters on Friday, March 20, 2026, he described the end of the fast as a “victory of the spirit over the self” and a symbolic moment for the Commission as it prepares for critical electoral milestones. Professor Amupitan highlighted the rare overlap…
The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dayo Mobereola, has extended warm felicitations to the Muslim faithful across Nigeria and beyond on the occasion of Eid el-Fitr. Dr. Mobereola urged all citizens to uphold the values of compassion, discipline and service to humanity in a goodwill message signed by NIMASA spokesperson, Osagie Edward on Friday. Dr. Mobereola noted that this season represents a period of deep spiritual reflection, sacrifice, and renewed commitment to faith and humanity. According to him, the lessons of the season; particularly compassion, selflessness, sacrifice and unity are critical to fostering…
Iran struck energy facilities across Qatar, the UAE, Saudi Arabia, Kuwait, and Bahrain early Thursday in retaliation for Israel’s attack on its South Pars gasfield and the killing of Intelligence Minister Esmail Khatib, escalating the US-Israel conflict with Tehran that began February 28 into a perilous new phase threatening global supplies. Qatar’s Ras Laffan LNG complex, world’s second-largest exporter, suffered three fires and heavy damage from ballistic missiles, though contained without casualties; Doha expelled Iranian attaches as persona non grata and decried the “irresponsible” hit as a direct security threat. US President Donald Trump distanced America from Israel’s…
President Bola Ahmed Tinubu extended heartfelt Eid-el-Fitr greetings to Muslims in Nigeria and worldwide, celebrating the successful completion of Ramadan while urging a deeper commitment to the holy month’s transformative teachings on piety, empathy, selflessness, perseverance, kindness, and compassion. He emphasized that these virtues must extend far beyond the festive period, serving as a guiding compass for Nigerians navigating current economic and social challenges. Tinubu highlighted Ramadan’s profound lessons as particularly relevant “at a time like this,” calling on the faithful to rededicate themselves to selfless service and unity that transcends religious boundaries. He specifically encouraged extending hands of kindness…
Nigeria’s petrol imports dropped sharply in 2025 thanks to ramped-up output from the Dangote Refinery, according to fresh data from the National Bureau of Statistics (NBS). The NBS reports imports fell to N8.96 trillion last year, a N6.46 trillion or 41.9% reduction from N15.42 trillion in 2024, though still up N1.45 trillion or 19.3% over 2023 post-subsidy levels. Dangote has boosted daily petrol production to 50 million liters as of early 2026, targeting 1.4 million barrels per day with expansions, despite price adjustments tied to soaring crude costs. Yet imports lingered at N8.96 trillion through 2025, making petrol a top…
President Bola Tinubu urged Nigeria and the United Kingdom to deepen their historic trade and economic partnership during Thursday’s high-level talks at Downing Street with UK Prime Minister Sir Keir Starmer. The meeting culminated in a landmark £746 million agreement to modernize Lagos’s Apapa and Tin Can Island ports, signed later at Lancaster House by Nigeria’s Finance Minister Wale Edun and UK Minister Blair McDougall MP. Tinubu described his state visit, the first by a Nigerian leader in 37 years, as “thrilling and significant,” highlighting decades of institutional collaboration amid talks on trade, economy, climate change, terrorism, and global…
Fidelity Bank Plc marked International Women’s Day 2026 by rolling out the “Give Her Power” series under its HerFidelity platform, featuring masterclasses, hands-on training, and direct support to foster income-generating skills and career advancement through March. The initiative, themed “Give to Gain,” kicked off with a March 18 masterclass on communication, presentation, audience engagement, event moderation, confidence-building, and personal branding, tailored for women aiming to elevate their public speaking and professional profiles. A upcoming Gele Masterclass on March 30 offers practical training in gele tying, blending cultural celebration with entrepreneurial potential as a viable income stream for participants. Complementing…
Lagos State Governor Babajide Sanwo-Olu extended warm Eid-el-Fitr greetings to Muslims in Lagos and across Nigeria for successfully completing this year’s Ramadan, a 30-day period of fasting, intense prayers, and spiritual reflection that ended with joyous celebrations. In a statement released Thursday by his Special Adviser on Media and Publicity, Gboyega Akosile, the governor expressed profound gratitude for the community’s unwavering dedication and sacrifices throughout the holy month. Sanwo-Olu highlighted Ramadan’s central role as one of Islam’s five pillars, emphasizing its teachings on self-discipline through abstinence from worldly pleasures, unwavering commitment to prayer, and complete submission to Allah’s will…