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Economic Breakthrough: Nigeria Snaps Three-Month Inflation Streak With Drop To 15.91%!.

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According to the latest Consumer Price Index report from the National Bureau of Statistics (NBS), Nigeria’s headline inflation rate experienced a minor decline, settling at 15.91 per cent in June 2026. This represents a 0.02 percentage point decrease from the 15.93 per cent recorded in May 2026 and a significant drop from the 25.29 per cent observed in June 2025. Additionally, headline inflation on a month-on-month basis slowed to 1.66 per cent in June, down from 1.75 per cent in May.....KINDLY READ THE FULL STORY HERE▶

Despite the overall marginal decline, certain sectors continue to exert significant pressure on consumer prices:

  • Food and non-alcoholic beverages were the primary contributors, accounting for 6.37 percentage points.

  • Restaurants and accommodation services contributed 2.06 percentage points.

  • Transport accounted for 1.70 percentage points.

  • The lowest contributions came from insurance and financial services (0.07 percentage points), alcoholic beverages, tobacco and narcotics (0.06 percentage points), and recreation, sport, and culture (0.05 percentage points).

Food and Core Inflation Analysis

While year-on-year food inflation decreased to 17.52 per cent in June 2026 compared to 25.41 per cent in June 2025, it rose on a month-on-month basis to 3.75 per cent from 2.98 per cent in May. This monthly increase is attributed to rising costs for staple food items like tomatoes, peppers, yams, garri, and beef.

Meanwhile, core inflation—which excludes volatile energy and agricultural prices—fell to 15.92 per cent on a year-on-year basis, down from 25.41 per cent in June 2025. On a month-on-month basis, core inflation decreased by 0.28 percentage points, falling to 1.66 per cent in June from 1.94 per cent in May.

Furthermore, the 12-month average of the Consumer Price Index for the period ending in June 2026 stood at 18.82 per cent, which is 8.05 percentage points lower than the 26.88 per cent reported in June 2025. Despite these signs of annual moderation, the rise in monthly food inflation suggests that households are still contending with elevated costs for essential commodities.

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Another Victory! One More Kidnap Victim Rescued In Daring Operation In Oyo!

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The Oyo State Police Command has successfully rescued five-year-old Fikayo Gbemiga, who was abducted from her home in Lagelu Local Government Area on July 3, 2026. Two suspects, Seyi Adegboye and Adefemi Adegboye, were arrested during a tactical operation at their hideout in the Mojoyin Molade area of Iwo Road, Ibadan, on July 11, 2026.

  • Abduction and Ransom: After allegedly breaking into the family’s residence, the suspects demanded a ₦10 million ransom and had already collected ₦1 million of that amount in Gbongan, Osun State.

  • Police Investigation: Using a combination of technological tools and intelligence gathering, the command’s anti-kidnapping squad tracked the suspects and rescued the child unharmed.

  • Ongoing Efforts: The suspects are currently cooperating with authorities as the police work to recover the paid ransom and apprehend remaining members of the criminal syndicate

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World Cup Shock! Deschamps Blasts Refereeing After Heartbreaking Semi-Final Exit To Spain!.

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Following France’s 2-0 defeat to Spain in the 2026 FIFA World Cup semi-final, coach Didier Deschamps expressed dissatisfaction with the officiating by referee Iván Barton. While he acknowledged that Spain was technically superior and deserved to advance, Deschamps criticized several decisions, particularly a first-half penalty awarded against Lucas Digne for a challenge on Lamine Yamal. He further noted that he felt Yamal should have been cautioned for a reckless challenge and questioned whether the officiating team met the standards required for such a high-stakes match. Despite these frustrations, Deschamps accepted responsibility for the loss, stating that his team was technically outplayed and that he did not want to place the blame on the officials.....KINDLY READ THE FULL STORY HERE▶

Didier Deschamps voiced his frustration with the officiating after France’s World Cup exit, though he conceded that Spain was the better side. The French manager was specifically unhappy with a penalty call involving Lucas Digne and Lamine Yamal, as well as a missed booking for Yamal. Deschamps questioned the referee’s performance at the semi-final level but was quick to emphasize that the defeat was ultimately France’s own fault. He expressed that his squad was disappointed but recognized that they were “a notch below” their opponents in terms of technical control during the match in Arlington, Texas.

Option 3: Quick Summary France coach Didier Deschamps criticized referee Iván Barton’s performance during France’s 2-0 World Cup semi-final loss to Spain. Deschamps highlighted concerns regarding a penalty decision and other key calls, even questioning the referee’s suitability for a semi-final fixture. Nevertheless, he insisted that France lost because they were technically inferior to Spain and refused to solely blame the officials for the team’s elimination.

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“It’s Painful!” Army Breaks Silence On Brutal Demoralization Of Soldiers By Nigerians.

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The Nigerian Army has called on the public to stop sharing social media content that demoralizes soldiers, as such actions undermine their efforts. Col. Appolonia Anele, the Acting Director of Army Public Relations, made this plea on Wednesday in Abuja during a meeting with the Defence Correspondents Association of Nigeria (DECAN).....KINDLY READ THE FULL STORY HERE▶

  • Personnel serving in various operations across the country deserve support and appreciation rather than criticism based on misinformation.

  • The spokesperson highlighted the recent rescue mission in Oyo State, where an Army officer, a soldier, and a police officer lost their lives.

  • It is deeply distressing for troops who risk their lives to protect the nation to face social media narratives claiming the military is inactive, as these sentiments negatively affect their morale.

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