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Demo summary for Burna Boy’s ‘No Sign of Weakness’ fulfills his rock star dreams.

Demo summary for Toke Makinwa reveals how God answered her prayer to become a mother at 40.

Headline inflation eased for a fourth straight month in July to 21.88% from 22.22% in June following an update to the CPI basket and base year. However, food inflation ticked higher to 22.74%, underscoring persistent pressure on household budgets. The Central Bank maintained the policy rate at 27.5%, signalling a preference to consolidate disinflation trends while monitoring exchange-rate and supply-side risks.Source: https://www.reuters.com/world/africa/nigerias-inflation-eases-july-food-price-rise-2025-08-15/

The EFCC said it will arraign 23 suspected internet fraudsters arrested during a raid at a hotel located within the Olusegun Obasanjo Presidential Library complex in Abeokuta. According to investigators, the wider operation netted dozens of suspects linked to impersonation and other cyber‑offences. Defence lawyers have raised concerns about due process, which the agency disputes.Source: https://www.premiumtimesng.com/news/top-news/814270-efcc-to-arraign-23-suspected-internet-fraudsters-arrested-at-oopl.html

President Bola Tinubu has directed his economic team to pursue policies capable of lifting average annual GDP growth to 7% by 2027, with a longer-term ambition to quadruple the economy by 2030. Since 2023, the administration has scrapped fuel and electricity subsidies and moved the naira to a market-driven rate—reforms that improved macro indicators but triggered a steep cost-of-living squeeze. Tinubu also called for a review of revenue retention by agencies including the FIRS, Customs, and NNPC to boost fiscal space for investment, while independent analysts caution that productivity gains and credible savings plans are essential.Source: https://www.reuters.com/world/africa/nigerias-tinubu-targets-7-economic-growth-by-2027-2025-08-14/

The federal government has approved the refinancing of approximately ₦4 trillion in power-sector debts owed to 27 generation companies for unpaid invoices dating from 2015 to 2023. According to Finance Minister Wale Edun, the exercise—expected to conclude within a few weeks—will be coordinated by the Debt Management Office using market instruments. Officials say the move is designed to stabilize the electricity value chain, unlock investment, and complement recent tariff reforms targeted at high-consumption urban bands. Authorities project savings from reduced subsidies and better liquidity management, while consumer groups are urging transparent tracking of proceeds and service improvements.Source: https://www.reuters.com/sustainability/boards-policy-regulation/nigeria-approves-26-billion-electricity-sector-debt-refinancing-plan-2025-08-14/

Dangote Refinery announced the import of 4,000 natural gas‑powered trucks to deliver products directly to large customers nationwide. The investment aims to lower logistics costs and improve availability by bypassing middlemen, aligning with a gradual shift to gas‑powered transport. Analysts say the move could pressure margins for traditional fuel marketers while improving supply reliability.Source: https://www.reuters.com/business/energy/dangote-refinery-imports-4000-gas-powered-trucks-local-fuel-distribution-2025-08-11/

The Academic Staff Union of Universities warned it may embark on a nationwide strike if long‑standing issues—such as the renegotiation of a 2009 agreement and salary arrears—remain unresolved. The union said industrial harmony depends on credible timelines from government on funding and welfare commitments.Source: https://www.premiumtimesng.com/news/top-news/813328-asuu-warns-of-nationwide-strike-over-unmet-demands.html

A federal high court in Abuja arraigned five men in connection with the June 2022 attack on St Francis Catholic Church, Owo, which left dozens dead and many injured. The defendants pleaded not guilty to terrorism charges and were remanded in custody ahead of trial. The case is seen as a test of Nigeria’s capacity to prosecute complex terror-related incidents while safeguarding due process for victims and suspects alike.Source: https://www.reuters.com/world/africa/nigeria-arraigns-five-accused-2022-catholic-church-massacre-abuja-court-2025-08-11/

Airtel said high device costs and limited affordability are weighing on 5G adoption, even as operators commit new capital to improve service quality. Regulators expect noticeable improvements within months as fresh network equipment lands in‑country and sharing deals reduce rollout costs.Source: https://guardian.ng/business-services/airtel-explains-slow-5g-traction-commits-120m-to-data-centre/