Oil Above $106 Raises Petrol Pressure as NNPC Discount Faces Subsidy Questions
The government says NNPC’s temporary petrol discount is funded by foregone retail margin, not restored subsidy, as crude above $106 increases market pressure....
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Lagos-Calabar Highway: Fresh Demands for Contract, Cost and Payment Transparency
Works Minister David Umahi says the Lagos-Calabar Coastal Highway remains intact, while Atiku Abubakar and Femi Falana have renewed demands and questions over contract, payment and cost transparency....
Lagos e-hailing drivers begin indefinite strike over fares, commissions
Lagos e-hailing drivers have begun an indefinite strike as their union presses platforms over fares, commissions, deductions, welfare and operating costs....
NLC Gives Government Two Weeks to Cut Petrol Prices as Relief Plan Faces Labour Test
Nigeria's labour federation has issued a two-week petrol-price ultimatum. The government's announced relief measures have not yet established nationwide pump-price reductions....
Nigeria Negotiates ₦1,350 Petrol Cost Ceiling as Oil Shock Tests Price-Relief Plan
Nigeria's proposed petrol-cost ceiling and temporary NNPC margin concession promise relief, but supplier obligations and actual consumer savings remain unverified....
NAF Probes Fatal Ondo Aircraft Crash After 25-Person Manifest Confirmation
The Nigerian Air Force says 25 people were aboard an ATR-42 that crashed near Igbokoda, Ondo State, with no survivors found. An investigation is active, while the cause remains unknown....
20 Abducted Prospective NYSC Members Freed in Imo After Six Days
Police say 20 prospective NYSC members abducted in Imo State have regained freedom after six days in captivity. One other abducted person was also freed, while questions over arrests and ransom remain unresolved....
FCT NLC Strike Enters Second Day Over Teachers’ Promotion Dispute
An indefinite strike called by the FCT NLC has entered its second day, but a rival teachers’ union has directed members to work as questions persist over promotion policy and the implementation of concessions announced by the administration....
Nigeria opens 40 oil blocks as test shifts from licences to actual drilling
Nigeria has opened 40 oil and gas blocks in its 2026 licensing round, but the real test will be whether successful bids translate into deployed capital, drilling and production....
Nigeria’s 350bp rate reset puts borrowing costs, bond returns and bank pricing in play
Nigeria’s policy rate has fallen sharply, but cheaper money is not yet guaranteed. The next test is whether the CBN’s 350-basis-point reset reaches government borrowing, bank lending, investors and the real economy....