Fresh analysis places Nigeria as Africa’s fastest-growing FMCG market, reflecting a potent mix of price resets, distribution gains beyond Tier-1 cities, and resilient demand for essential categories.  Brands have leaned into pack-price architecture, smaller SKUs at accessible price points, allowing consumers to manage cash flow without abandoning preferred products. Meanwhile, improved route-to-market tech is strengthening

As fuel prices continue to rise across Nigeria, the Dangote Refinery has stepped forward to calm public anxiety, assuring that the country has no reason to fear scarcity. The refinery announced that it currently holds over 310 million litres of petrol in storage,  enough to meet both domestic and export demand. Devakumar Edwin, the Vice

NBA superstar Kevin Durant has agreed to a two-year, $90 million contract extension with the Houston Rockets, a deal that cements his status as the highest-earning player in NBA history. The new extension, reported by ESPN’s Shams Charania, raises Durant’s career earnings to a record $598.2 million, surpassing LeBron James’s $583.9 million in total NBA

The management of Dangote Refinery has disclosed that over 650 international ships have lifted petroleum products from the refinery in less than a year to countries in Europe and Asia. Captain Rana, Head of Marine, Dangote Refinery who made this disclosure this when a delegation led by King Bubaraye Dakolo, the Chairman of Bayelsa Traditional

Emiliano Buendia came off the bench to score a dramatic late winner as Aston Villa defeated Tottenham Hotspur 2-1 at the Tottenham Hotspur Stadium. Rodrigo Bentancur gave Thomas Frank’s side an early lead, capitalising on a defensive lapse to put Spurs in front. However, Villa hit back before halftime when Morgan Rogers produced a superb

Controversy trailed a directive by Lawal Pedro, Lagos State Attorney-General and Commissioner for Justice, ordering a fresh investigation into a protracted Lekki land dispute already before the Lagos High Court. The move, which has drawn sharp criticism from the Human Rights Writers Association of Nigeria (HURIWA), is described as a potential abuse of prosecutorial powers

Nigeria's inflation drops below 20% as NGX surges up 44.74% year-to-date Nigeria's consumer price index (CPI) inflation rate dropped significantly to 18.02 percent in September 2025, falling below the 20 percent threshold for the first time in three years and strengthening the case for interest rate cuts. This major slowdown from 20.12 in August was

Nigeria may face widespread food shortages despite the ongoing surge in fertiliser production and distribution, the Business and Climate Intelligence Think Initiative (BACITI) has warned. In its latest Economic Insight report, the policy research group cautioned that the country’s agricultural output could plunge if structural challenges, such as high input costs, climate shocks, and poor

The race for Nigeria’s most anticipated art recognition has officially begun as the organisers of the 2016 National Art Competition (NAC) announced the call for entries under the theme “Shifting Boundaries.” Speaking at a press briefing in Lagos, Mr Kufre Ekanem, Corporate Affairs Adviser, Nigerian Breweries Plc, explained that this year’s theme “is an exploration

Nigeria has established a working group to explore the possible adoption of stablecoins as part of ongoing efforts to support innovation in the financial sector while balancing the risks of emerging technologies, according to Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN). Cardoso disclosed this during a joint press briefing at the conclusion

Governor Dikko Umar Radda of Katsina State has approved the appointment of eight new permanent secretaries into the State Civil Service, following the recent retirement of some senior officials. This is contained in a statement by Ibrahim Mohammed Kaula, the Chief Press Secretary to the Governor and made available to newsmen on Friday. The appointments

Governor Agbu Kefas of Taraba State has signed into law the 2025 Supplementary Budget amounting to ₦143.42 billion, alongside a virement of ₦14.68 billion recently approved by the State House of Assembly. The implementation of the 2025 supplementary budget will be extended to 31st May 2026. The supplementary budget is aimed at addressing urgent funding