By Yusuf Danjuma Yunusa

The National Bureau of Statistics (NBS) has reported a rise in Nigeria’s headline inflation rate, which increased to 15.38% in March 2026, up from 15.06% recorded in February.

According to the NBS’s latest Consumer Price Index (CPI) report released on Wednesday, the 0.32 percentage point increase marks the second consecutive monthly rise in inflation this year. The March figure also represents a significant jump compared to the same period last year, underscoring persistent price pressures across key sectors.

Analysts point to rising food and energy costs, coupled with lingering supply chain disruptions, as primary drivers of the uptick. The NBS noted that food inflation remained elevated due to higher prices of staple items such as bread, cereals, and vegetables, while core inflation excluding volatile agricultural produce and energy also edged upward.

The development puts additional pressure on households and businesses, and may influence the Central Bank of Nigeria’s monetary policy stance in the coming months.

By Yusuf Danjuma Yunusa

Former Vice-President Atiku Abubakar has declared that the 2027 general election will be his last attempt to become Nigeria’s president.

The seasoned politician, who will turn 80 by the next election cycle, made the announcement during an interview on Arise News on Wednesday.

“Certainly yes, because the stakes are higher – I believe that will be my last outing. So that’s incontrovertible,” Atiku said when asked whether 2027 would mark his final run.

Pressed on why Nigerians should still trust him after decades in politics, the presidential hopeful argued that his experience uniquely qualifies him to lead the country at a critical juncture.

“I represent both the past and the future simply because we have seen various levels of leadership in the country, both young and old, and we’re experiencing them,” he said.

Atiku also voiced concerns about the performance of younger leaders, suggesting they have not fully met expectations.

“I still believe that our expectations of the young leadership are below what we thought,” he added, stressing the need for mentorship and guidance from older, more experienced politicians.

According to Atiku, such guidance is most effective when exercised from a position of power. Reflecting on his time as vice-president, he noted: “Sometimes you need to be [in power]. What I was able to learn from President Olusegun Obasanjo through his experience, I couldn’t have learned it outside.”

By Yusuf Danjuma Yunusa

Former Kaduna State Governor, Malam Nasir Ahmad El-Rufai, on Tuesday secured bail from a Federal High Court sitting in Kaduna, bringing to an end a detention that lasted nearly two months.

Meanwhile, a Kaduna State High Court adjourned ruling on a separate bail application to April 21.

Delivering the ruling, Justice Rilwan Aikawa granted the former governor bail after hearing arguments from both the defence and prosecution.

However, but ordered that he remain in the custody of the Independent Corrupt Practices and Other Related Offences Commission, ICPC, pending the fulfilment of the bail conditions.

El-Rufai’s lead counsel, Oluwole Iyamu (SAN), had urged the court to admit his client to bail, arguing that it is a constitutional right and that the former governor has strong ties within Nigeria, making him unlikely to abscond.

However, the prosecution, led by the ICPC, opposed the application, citing concerns that the defendant could interfere with witnesses or obstruct ongoing investigations if released.

The court subsequently granted bail with stringent conditions, including a N200 million bond with two sureties in like sum.

The sureties are to include a recognised traditional ruler and a federal civil servant not below Grade Level 15. Other conditions include the submission of landed property documents, deposit of international passports with the court, and a restriction on public comments relating to the case, among others.

A family member of the former governor, Bello El-Rufai, told journalists that efforts were underway to meet the conditions.

“The conditions are many, close to 10 or more, but we hope to fulfil them,” he said.

The ICPC had, on March 18, filed a 10-count charge against El-Rufai at the Federal High Court bordering on alleged conversion and possession of public property, money laundering, and abuse of office.

El-Rufai’s legal ordeal began on February 16, when he was arrested by the Economic and Financial Crimes Commission, EFCC. Although he was initially granted bail, he was subsequently re-arrested by the ICPC and remained in custody for several weeks before his arraignment.

On March 27, the ICPC granted him temporary release on compassionate grounds following the death of his mother, Hajiya Umma.El-Rufai, in Cairo, Egypt.

He was, however, returned to custody after her burial.

Proceedings were further complicated when the defence filed a motion asking Justice Aikawa to recuse himself over alleged bias, a request that was later withdrawn.

Meanwhile, at the Kaduna State High Court, proceedings in a separate case took a different turn as the presiding judge, Justice Darius Khobo, adjourned ruling on El-Rufai’s bail application to April 21, 2026.

Counsel to the defendant informed the court that the defence team was served with an amended charge in court and required time to study its contents. The prosecution, also led by the ICPC, had filed an amended nine-count charge, altering the scope of the case and dropping a co-defendant, Amadu Sule, from the trial.

Defence counsel, Ubong Akpan, explained that the adjournment was also due to the inability of the court to deliver the ruling as scheduled, citing the bereavement of the presiding judge.

“His lordship was bereaved and he was unable to put the ruling together. So, we understand these things happen,” Akpan said, adding that the defence remains optimistic ahead of the next hearing date.

El-Rufai is facing separate charges before the Kaduna State High Court bordering on abuse of office, fraud, intent to commit fraud, and conferring undue advantage.

There was heavy security presence at the court premises, with armed operatives stationed at strategic points to maintain order and restrict movement.