Breaking News

Day: August 17, 2026

Tinubu’s reforms push FAAC allocations above N2trn monthly – Oyedele

Minister of Finance and Coordinating Minister of the Economy, Prof. Taiwo Oyedele, says the Federal Government’s economic reforms have pushed the monthly Federal Allocation to over N2 trillion from an average of N300 billion in past administrations. Oyedele disclosed the fiscal shift on Monday in Owerri, while declaring open the 2026 National Council on Finance…

Read More

Cooking gas update in Nigeria after Dangote, depot owners reduce LPG prices

Liquefied petroleum gas, LPG, popularly known as cooking gas, is expected to become cheaper across Nigeria after Dangote Refinery, marketers and depot owners reviewed their prices downward. A market survey by DAILY POST showed that Dangote Refinery reduced its LPG gantry price by N30 to N950 per kilogram. In a swift market reaction to Dangote…

Read More

UAE’s Habtoor berates Israel as minister urges killings in Gaza

Prominent UAE billionaire Khalaf Ahmad Al Habtoor has condemned Israel’s rhetoric encouraging executions in Gaza, declaring life is not the property of any government or army. In a lengthy X post on Monday, Habtoor slammed Israel’s Minister of National Security, Itamar Ben-Gvir, for calling for the killing of 30 or 40 people in Gaza every…

Read More

Concession of King’s College: Parents mobilise for protest

The controversy over the concession of King’s College, Lagos, to the King’s College Old Boys’ Association, KCOBA, by the Federal Government may be far from over, as parents and other stakeholders are mobilising for a mass protest against the move. Speaking with Vanguard’s correspondent, the Chairman of the Parent-Teacher Association, PTA, Mr Peter Oluwaseye, said…

Read More

2027: Accord, AAC, SDP presidential candidates join forces against Tinubu 

The presidential candidates of  Accord Party, African Action Congress, AAC, and Social Democratic Party, SDP, have resolved to work together towards a common democratic force ahead of the 2027 presidential election, in what could become a significant realignment of Nigeria’s opposition politics. Read Also: Why Adeleke won again in Osun The three candidates, Dr. Gbenga…

Read More

Manufacturers groan as rising credit, production costs threaten recovery

By Yinka Kolawole Nigeria have warned that the high cost of credit and rising production expenses remain major threats to the recovery of the manufacturing sector, despite a renewed improvement in manufacturers’ confidence in the economy. Read Also: India-Nigeria trade hits $9bn, ties beyond oil — Envoy This was revealed by the Manufacturers Association of…

Read More

Itsekiri global homecoming

A single stick breaks, but together we stand like a bundle of strength across the land By Peter Ogbobine   Among the Itsekiri people, there is an enduring wisdom passed down from generation to generation: a lone tree in the forest easily falls to the storm, but a forest standing together withstands even the fiercest wind. This…

Read More

India-Nigeria trade hits $9bn as firms deepen local production

By Yinka Kolawole India-Nigeria bilateral trade rose by 26 per cent to about $9 billion in 2025–26, from $7.13 billion recorded in 2024–25, as economic ties between both countries deepen beyond oil and commodities into manufacturing, healthcare, energy, technology and job creation. The Indian High Commissioner to Nigeria, Abishek Singh, disclosed that more than 200 Indian…

Read More