₦47.5 BILLION RICHER, THE WEEK PETROL HIT ₦1,175

Four Nigerians made Forbes’ list. One of them owns the refinery that raised your pump price Forbes released its 2026 Africa Billionaires ranking yesterday. Four Nigerians: Dangote, Rabiu, Adenuga, Otedola. Worth $47.5 billion between them. Africa’s 23...

YOUR BUS FARE IS A WAR SURCHARGE

The Strait of Hormuz is 4,000km away. Your commute got more expensive this morning anyway Transporters announced new fares yesterday, hours after pump prices crossed ₦1,000 per litre at stations nationwide. The mechanism is simple and brutal: petrol goes up, transport...

THE ₦901 BILLION COUNTER-ECONOMY

Nigerian music is now worth more than most government agency budgets. No fuel subsidy built it The Nigerian music industry crossed ₦901 billion in total value this year, according to figures from the National Council for Arts and Culture. Nigerian artists earned more...

THE TRANSFER IS PART OF THIS TOO

The Iran war that’s hitting your UK energy bill is also threatening what you send home Nigeria received $20.93 billion in diaspora remittances in 2024, up 8.9% from the year before. The CBN was projecting $26 billion by end of 2026. The japa wave that drove...