May 15, 2026
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BUSINESS

Fuel Subsidy Removal: Senate Leader, Opeyemi Bamidele Blames Cabal for Undermining Tinubu’s Administration

Senator Opeyemi Bamidele, the Leader of the Senate, has defended President Bola Tinubu’s decision to remove the fuel subsidy, asserting that the primary challenge to governance was not the general public, but a powerful cabal that benefitted from the subsidy. In a statement from his Directorate of Media and Public Affairs, Bamidele addressed the backlash […]
BUSINESS

Inflation rate declined to 23.18per cent – NBS

The National Bureau of Statistics (NBS) said on Monday that Nigeria’s inflation rate declined to 23.18 per cent in February, from 24.48 per cent reported in January 2025. NBS announced the decline in its February 2025 consumer price index (CPI) report on Monday. The bureau said the headline inflation rate in February rose marginally by […]