The Central Bank of Nigeria (CBN) has stated it is on course to reduce inflation to single digits in its effort to shift to an inflation-targeting monetary policy framework.

Nigeria’s top political leaders have extended Eid-el-Fitr greetings to Muslims nationwide, urging unity, compassion, and renewed commitment to tackling insecurity. The messages, issued by leaders of the National Assembly and labour unions, combined celebration with calls for reflection on the country’s challenges. President of the Senate, Godswill Akpabio, congratulated Muslims on completing Ramadan, encouraging them to uphold values of sacrifice and generosity. His message emphasised the importance of sustaining the spiritual lessons of the holy month in daily life.

By Louis Achi

The Igbo idiom "Nwoke nusia ogu, nwanyi enwelu akuko" talks about man's penchant for taking credit for the struggles or sacrifices of others. For the benefit of those who do not understand Igbo, I'll attempt a translation: when a man finishes a war, the woman takes over the role of telling the story.

Since states and local governments now have more financial autonomy thanks to President Bola Tinubu's reformed federalism, he has urged media executives to give them the same level of scrutiny they apply to his administration. While entertaining media executives and owners at the Aso Rock Presidential Villa in Abuja on Friday evening, the President made the plea. The concept of federalism has been expanded to the point where local governments are now receiving funding. However, you have control over how they utilize it, so don't just overwhelm me.

According to the Airline Operators of Nigeria, domestic airlines operating in the nation are under increasing financial strain due to a significant increase in the cost of Jet-A1, also known as aviation fuel. The group revealed that the cost of aviation fuel, which was around N1,000 per litre two weeks ago, has risen to roughly N1,800 per litre in several regions of the nation, an almost 80% increase in a brief amount of time.

The Nigerian Electricity Regulatory Commission (NERC) has ordered private owners of transmission substations to register within 45 days.