
News
Nigeria’s inflation rises to 15.69% in April
Nigeria’s headline inflation rate rose to 15.69 per cent in April 2026, up from 15.38 per cent recorded in March, reflecting a 0.31 percentage point increase, according to the National Bureau of Statistics (NBS).
According to the data released on Friday, Consumer Price Index (CPI) stood at 138.3 in April, marking a 2.9-point increase from 135.4 in March. The NBS said the increase followed the agency’s recent rebasing to a 2024 base year with 2023 as the weight reference period.
Despite the uptick in the annual rate, the bureau stated that the pace of price increases slowed, with month-on-month inflation easing to 2.13 per cent in April from 4.18 per cent in March.
The NBS data also shows a sharp moderation when compared with April 2025, when headline inflation was significantly higher at 26.82 per cent.
“The National Bureau of Statistics is pleased to announce the release of the latest Consumer Price Index (CPI) figures for April 2026. Following the completion of the recent rebasing exercise, this report is centred on a new CPI base year of 2024 and a weight reference period of 2023. Hence, the Consumer Price Index (CPI) increased to 138.3 in April 2026, and reflects a 2.9-point increase from the preceding month.

“On a year-on-year basis, the headline inflation rate for April 2026 stood at 15.69%, when compared to 15.38% and 26.82% recorded in March 2026 and April 2025; respectively. The month-on-month headline inflation rate in April 2026 was 2.13%, which was 2.05% lower than the rate recorded in March 2026 (4.18%),” the NBS stated.
At the divisional level, price pressures were driven mainly by Food and non-alcoholic beverages, restaurants and accommodation services, and transport, while recreation, alcohol and tobacco, and insurance recorded minimal impact.
“The three major contributors to the headline inflation were Food and non-alcoholic Beverages: 6.40%, Restaurants & Accommodation Services: 3.56%, and Transport: 1.70%; while the least contributors were Recreation, Sport, and Culture: 0.01%, Alcoholic Beverages, Tobacco, and Narcotics: 0.01%, and Insurance and Financial Services: 0.03%,” the bureau added.
It also said food inflation stood at 16.06 per cent year-on-year in April, lower than 24.68 per cent recorded in the same period last year, while the monthly rate slowed to 3.63 per cent from 4.17 per cent in March, reflecting softer increases across key staples.
The statistics bureau further said core inflation, which excludes volatile agricultural produce and energy, came in at 15.86 per cent year-on-year, with the monthly rate dropping sharply to 1.03 per cent from 4.03 per cent in March.
Across locations, it noted that urban inflation stood at 15.40 per cent year-on-year, while rural inflation was higher at 16.36 per cent, with both segments recording slower monthly increases compared to March.
News
Nigerian woman commits suicide two years after relocating to UK on skilled worker visa
A United Kingdom UK-based Nigerian, Beatrice Solomon, 27, was found dead in her home on Wednesday.
A coroner in the United Kingdom ruled that a 27-year-old Nigerian woman, Beatrice Solomon, died by suicide after an inquest into her death.
Beatrice, a mother of one, was found unresponsive at her home on Norris Road in Stanfield by her husband, Damian Butler, on March 4.
According to evidence presented at the inquest, Butler, 40, had left for his delivery job at about 4:30 p.m. before returning home roughly two hours later to use the toilet, where he made the tragic discovery.
Police Constable Hinchliffe told the hearing that paramedics arrived shortly afterwards, but Beatrice was pronounced dead at the scene at 6:21 p.m. Officers also ruled out any third-party involvement.

The inquest heard that Beatrice moved from Nigeria to Stoke-on-Trent in November 2023 on a skilled worker visa, where she worked as a carer. She is survived by her young son and siblings.
Giving evidence, Butler said Beatrice had struggled with her mental health over the previous 12 months due to ongoing issues involving Stoke-on-Trent City Council.
He also revealed that he later discovered she had made two previous attempts to take her own life.
Pathologist Dr Jones told the inquest that Beatrice died from oxygen deprivation.
Delivering her conclusion, Coroner Li Hammond-Naylor ruled that Beatrice died by suicide.
She said: “It is clear to me that Beatrice had researched and planned how to take her own life. I can only extend my sincere condolences to Beatrice’s family and friends.”
News
Police arrest ‘PFIPC Director-General’, Adeyemi
• My life is in danger – ‘Fake’ PFIPC DG’ Adeyemi claims
The “Director-General” of the purported Presidential Foreign Investment Promotion Council (PFIPC), Adeniyi Adeyemi, has been arrested by security operatives following a warrant issued by the Federal High Court in Abuja.
Adeyemi was picked up on Tuesday at his hideout in Osun State, shortly after Justice Mohammed Umar ordered his arrest over his failure to appear in court for his arraignment.
The Police PRO confirmed that he was arrested by a team of FID/IRT in Osun.
Details of the arrest remain sketchy as of press time, but sources said the suspect would be taken to the Police Headquarters in Abuja for further action.
The arrest followed a brief ruling by Justice Umar, who issued a bench warrant after Adeyemi failed to appear before the court despite several adjournments.

Earlier in the proceedings, Adeyemi’s counsel, Genesis Francis, told the court that he could not convince his client to attend the hearing, citing concerns raised by the defendant.
The lawyer informed the court that Adeyemi had expressed fears for his safety in an open letter to President Bola Tinubu, noting that the matter had generated significant public attention.
However, prosecuting counsel, Wisdom Madaki, argued that the case had suffered repeated delays due to the defendant’s absence.
Madaki urged the court to issue a warrant for Adeyemi’s arrest in line with Section 394 of the Administration of Criminal Justice Act.
Granting the request, Justice Umar held that the charges were filed on November 27, 2025, while proceedings commenced on December 4, 2025.
The judge noted that Adeyemi had appeared in court only once and had failed to attend subsequent proceedings.
He consequently ordered his arrest and adjourned the matter until September 30.
Prince Adeniyi Adeyemi, the man accused of forging government appointment letters and parading himself as the PFIPC DG, had earlier expressed fears for his life saying he was not in any way hiding from law enforcement agents.
While speaking on Channels TV on Monday night July 13, Adeyemi said
“I’m ready to show my face. I’m not hiding. I’m only fearing for my life because I have it on good authority that my life is in danger,” he said on the current affairs programme, alleging threats to his life. There have been several attempts on my life,” Adeyemi said.
Adeyemi also alleged that there had been multiple attempts on his life but did not disclose further details or identity of those allegedly behind the attacks.
“And I’m ready for that. There are several attempts to… my life,” he added.
Adeyemi’s remarks come as controversy continues to trail the purported PFIPC, which the Presidency has repeatedly described as a non-existent government agency.
News
Adeniyi Adeyemi: I borrowed N100m to secure PFIPC DG appointment — lenders have reported me to EFCC
Adeniyi Adeyemi, director-general (DG) of the “controversial” presidential foreign intervention promotion council (PFIPC), says those who lent him N100 million to secure the appointment have petitioned the Economic and Financial Crimes Commission (EFCC) over repayment.
Adeyemi, who is facing allegations of forgery and impersonation over the existence of the PFIPC, spoke on Monday during an interview on Channels Television’s Politics Today.
The presidency has said the council does not exist and that Adeyemi was never appointed by the office of the chief of staff to the president.
On July 7, President Bola Tinubu directed the Independent Corrupt Practices and Other Related Offences Commission (ICPC) to conduct a “thorough investigation” into the PFIPC controversy.
Responding to questions about the source of the funds he used to operate and resources at his disposal, Adeyemi said the money was borrowed.

“Mr. Seun, I borrowed this money. In fact, those that I borrowed this N100 million have reported to EFCC,” he said.
“I borrowed this money to pay for this appointment. In fact, I can tell you, they have reported to the EFCC, asking me to refund their money. I borrowed this money.”
Adeyemi also dismissed allegations that he falsely claimed to have received an appointment from the United Nations (UN).
“It’s all sponsored. It’s a campaign of calumny. They should let us face the facts and documents. It is unfortunate that some actors in the government are taking up this matter. It’s unfortunate, and it’s embarrassing,” he said.
“Honestly, imagine the government claiming that one man, and called me a con artist, manoeuvred the whole system; it is unfortunate.”
Reacting to reports that a US-based lobbying firm is helping him seek asylum abroad, Adeyemi denied planning to leave Nigeria.
“I just ignored it because they sponsor a lot of people to bring my social media handle down,” he said.
“I don’t really know much about what is going on again. They said I was about to run away out of Nigeria. I’m still in Nigeria. I’m not going anywhere.”
Source: TheCable
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