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The Central Bank of Nigeria (CBN) has defended its monetary and foreign exchange reforms, telling the Senate that the measures have improved macroeconomic stability, restored investor confidence and strengthened the foundation of the economy. However, lawmakers raised concerns over the impact of the reforms on credit availability, inflation, bank recapitalisation, foreign exchange management, liquidity operations […]

Presidential candidate of the African Democratic Congress (ADC), Atiku Abubakar, has criticised the Tinubu administration over the allocation of ₦22.15 billion in the 2026 Appropriation Act for the construction, renovation, and furnishing of 106 traditional palaces across Nigeria, describing the spending as unconstitutional and lacking transparency. The allocation was highlighted in a report by Tracka, […]

The Dangote Petroleum Refinery has resumed the sale of Premium Motor Spirit (PMS), commonly known as petrol, in naira, ending its brief switch to dollar-denominated transactions. However, the refinery has increased its ex-depot price by ₦140 per litre. The development comes just one week after the 650,000-barrel-per-day refinery suspended petrol truck loading and introduced dollar […]

Chairman of First HoldCo Plc, Femi Otedola, has strengthened his investment in the financial services group after a company linked to him acquired 706.13 million ordinary shares valued at approximately ₦77.59 billion on the Nigerian Exchange (NGX). According to a regulatory filing dated July 22, 2026, Calvados Global Services Limited, a company associated with the […]

The Federal Government has arraigned three suspects before the Federal High Court in Abuja over their alleged involvement in the abduction of schoolchildren and teachers in Oriire Local Government Area of Oyo State. The defendants—Abdulrazak Umar, also known as Abu Khalifa or Abu Khalid, Yunusa Musa, also known as Yunusa bin Musa, and Shamsu Adamu […]

Elon Musk Backs Mel Gibson for $100M “Historically Accurate” Odyssey — But Is Hollywood Really Panicking? Elon Musk has thrown his weight behind a proposal to fund a $100 million, “historically accurate” film adaptation of Homer’s The Odyssey, to be directed by Mel Gibson — the latest escalation in his very public feud with Christopher […]

It is widely (but incorrectly) attributed to Albert Einstein. In reality, it emerged in the early 1980s within 12-step recovery communities (Al-Anon and Narcotics Anonymous) and has no verified connection to Einstein. This saying captures a profound truth about human effort apart from God: relying on our own strength, wisdom, and repeated self-effort leads only […]

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AfCFTA is live in 2026, but Nigerian businesses still do not get a continent-wide free pass. The real opportunity is narrower and more practical: if your product sits on a tariff line already covered by a verified offer, meets rules of origin, and clears destination-country procedures, you can reduce landed cost and open new buyers. […]

Lawmaking in Nigeria follows a formal path from drafting to presidential assent, but the moments that most affect real people usually happen before the final signature. For voters, students, and diaspora readers trying to make sense of Abuja headlines, the key is knowing which stage is symbolic, which stage is political, and which stage is […]

Our weekly editorial ranking of the 20 hottest Afrobeats tracks, complete with producers, viral drivers, movement data, and streaming links across Spotify, Apple Music, and Audiomack.

By Olanrewaju Lawal, Birnin Kebbi To Kebbi State Governor, Dr Nasir Idris, he has done 90 per cent of what the electorate expected of him. Improving infrastructure facilities across the state and the empowerment of vulnerable citizens were said to be among the aspects in which Idris has excelled, beyond the twinkle of his critics’ […]