The National Bureau of Statistics (NBS) has just dropped the latest rebased Consumer Price Index (CPI) for January 2026. Headline Inflation: Decreased by 12.51% to 15.10% YoY (from 27.61% YoY recorded in January 2025). On a monthly basis, inflation declined by 0.05% to 15.10% in January 2026 (from 15.15% in December 2025). Food Inflation: Fell
Nigeria, one of Africa’s largest tomato producers, is paradoxically spending over $360 million annually on imported tomato paste. At the heart of this contradiction lies Dangote Tomato Processing Limited, a multi-billion-naira plant under Aliko Dangote’s business empire, now struggling to survive. Despite its commitment to quality and local production, the factory in Kadawa, Kano, lies
In a landmark effort to change the future of millions of Nigerian girls, the World Bank has announced a $1.2 billion investment aimed at improving girls’ education across 18 states in Nigeria. This announcement was made during the relaunch of the Adolescent Girls Initiative for Learning and Empowerment (AGILE) program in Abuja, Nigeria’s capital. What is the
Nigeria is already struggling with a massive waste management crisis, yet the Federal Government has now agreed to import “non-hazardous” waste from the European Union (EU). This controversial decision, made under the EU’s Regulation 2024/1157, has triggered outrage among environmental experts and advocacy groups, who warn of potential risks to public health and the environment.