Politics & Economy

CBN eases rates for the first time in years
The Central Bank of Nigeria trimmed its key lending rate by 50 basis points, bringing it down to 27 percent. This is the first cut since 2020, a move meant to relieve businesses struggling with high borrowing costs while inflation shows signs of cooling.

Dangote Refinery halts petrol sales in naira
In a surprising move, the Dangote Refinery announced a pause in petrol sales to local buyers paying in naira, citing challenges around crude allocation and volume management. The decision stirred reactions across the energy market as many see the refinery as a potential game-changer for Nigeria’s fuel dependency.

Oil workers’ union locks horns with Dangote
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) directed its members to suspend gas and crude supply to the Dangote Refinery. The action was in protest against alleged mass layoffs and the hiring of foreign nationals to fill those roles. (Source: Reuters)

Shell, Agip expand stakes in Bonga oilfield
Nigeria’s upstream regulator approved the $510 million acquisition deal that sees TotalEnergies exit its 12.5 percent stake in the Bonga oilfield. Under the deal, Shell’s share rises by 10 percent while Agip takes 2.5 percent.

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Health

Cholera outbreak in Bauchi claims lives
Health authorities in Bauchi State confirmed a cholera outbreak that left at least 58 dead and hundreds more infected. Emergency committees have been mobilized to contain the spread and provide clean water to affected communities.

Foundation trains nurses and mothers on mental health
The Cope and Live Mental Health Awareness Foundation organized a program for expectant mothers and nurses in Lagos, equipping them with tools to handle stress and mental health challenges during and after pregnancy.

NAFDAC steps up fight against trans fats
Nigeria’s food and drug regulator rolled out a new strategy to phase out industrial trans fats from the food chain. The aim is to cut back heart-related diseases linked to unhealthy oils.

Entertainment

Tinubu salutes 2Baba at 50
President Bola Tinubu joined millions of Nigerians in celebrating Innocent Idibia, popularly known as 2Baba, as he turned 50 last week. The president praised his lasting impact on Nigerian music and culture.

Spyro announces engagement
Singer Spyro revealed he is officially engaged to his partner, sharing the news with fans last week. His announcement quickly made rounds on entertainment platforms.

BBNaija shocks viewers with triple eviction
The Big Brother Naija reality show turned dramatic when three contestants Big Soso, Ivatar and Doris were evicted in a single night. The twist has kept fans buzzing online.

Nollywood mourns Peju Ogunmola’s son
Veteran actress Peju Ogunmola suffered the tragic loss of her only child, drawing sympathy and condolences from across Nollywood and her fans.

NECLive 2025 gets new hosts
Media personalities Bolánlé Olukanni and Tee A were unveiled as hosts for the Nigerian Entertainment Conference Live (NECLive) 2025 edition.

Fashion & Lifestyle

Tokyo James bridges Lagos and Milan
Designer Tokyo James presented a show in Lagos that was streamed live into Milan Fashion Week, underscoring how Nigerian creativity is taking its place on the global stage.

Street markets inspire new creative wave
A feature spotlighted how everyday Lagos market structures — wooden stalls, umbrellas, carts — are being re-imagined by young designers and architects into modern creative works.

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