Thursday, 02 April 2026
The Dangote Refinery hiked petrol five times in March 2026, reaching N1,285 per litre, as the Iran war exposed Nigeria's deregulated fuel market's absence of any price buffer.
Nigeria signed a £746 million UK loan for the Apapa and Tin Can Island ports, with £236 million in supplier contracts going to British firms and repayment terms not published.
El-Rufai's bail ruling was adjourned twice before today's third hearing, on 10 counts of money laundering and N579 billion in alleged severance inflation during his governorship.
Thirteen people were killed at a wedding in Kaduna and a community was attacked in Jos, drawing a presidential condemnation and equipment announcements against a N5.41 trillion defence budget.
Nigeria's petrol price rose 84 percent in four months, recording the largest fuel price increase in Africa between February and March 2026, before a partial Dangote rollback on 31 March.
Benin City won a $1 million Bloomberg Mayor's Challenge prize for a healthcare idea, beating 600 cities from 20 countries as one of four African cities to reach the final.
Five Dangote fuel price hikes in March 2026 cut the purchasing power of diaspora remittances, as transport and market food costs rose 84 percent above December levels across Nigeria.
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This Nigerian Life | Nigerian. Life. Explained.
Publishing Editor: Adeyemi EKO
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