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Obasanjo says 13% derivation is only a start for oil-producing states

Former president Olusegun Obasanjo says the 13% derivation is only a starting point for oil producing states, as Bayelsa governor Douye Diri calls it inadequate.
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Nigeria spent N7.7 trillion on debt interest in six months, 124% of its revenue, World Bank says

Nigeria spent N7.7 trillion on interest in the first half of 2026, equal to 124.2% of its N6.2 trillion revenue, according to the World Bank.

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Oyo Police Arrest Pastor, Woman Over False Bandit Attack Rumour

KEY POINTS Oyo Police arrested a pastor and a woman for allegedly spreading false...
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Ondo Doctors Begin Strike After Colleague Allegedly Attacked

KEY POINTS Resident doctors at FMC Owo and its Akure Annex have commenced a...
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Protest Over Abducted Pupils Disrupted by Armed Men in Ibadan

KEY POINTS A protest demanding the rescue of abducted pupils, teachers, and a school...
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Adamawa Teachers Protest School Abductions, Demand Rescue of Oyo Victims

KEY POINTS Teachers and labour unions in Adamawa staged a protest in Yola over...
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Otti backs plan to expand insurance access in Abia

Abia State Governor Alex Otti has backed a plan to deepen insurance penetration, commending registered insurance brokers for engaging the public and pledging wider participation.
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FG scraps three-month pre-retirement leave for civil servants

The Federal Government has directed agencies to stop placing civil servants on a mandatory three-month pre-retirement leave, saying the practice has no legal basis.
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Nigeria and Liberia move to deepen maritime cooperation and capacity building

NIMASA Director-General Dayo Mobereola and Liberia's honorary consul Dapo Akinosun have pledged to deepen maritime cooperation, capacity building and Blue Economy development across Africa.
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Gunmen Kill Islamic Cleric in Kwara Dawn Attack

KEY POINTS An Islamic cleric was killed in a dawn attack by gunmen in...
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Ibadan Erupts in Protest Over Oyo School Abductions as Anger Mounts

KEY POINTS Hundreds of protesters in Ibadan blocked major roads, demanding the immediate rescue...
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NUT to Stage Nationwide Protest Over Abducted Teachers, Students

KEY POINTS The Nigeria Union of Teachers (NUT) has announced a nationwide solidarity and...
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Lagos Police Accused of Detaining WAEC Candidate, Father Over Alleged Theft, Demanding ₦2.5m Bribe

KEY POINTS The Take It Back Movement, TIB, has accused Lagos police officers of...
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Two Policemen Killed in Attack on Soludo Aide’s Convoy

KEY POINTS Suspected hoodlums attacked the convoy of Anambra Governor’s Chief of Staff, killing...
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Business

Obasanjo says 13% derivation is only a start for oil-producing states

Former president Olusegun Obasanjo says the 13% derivation is only a starting point for oil producing states, as Bayelsa governor Douye Diri calls it inadequate.
News

Nigeria spent N7.7 trillion on debt interest in six months, 124% of its revenue, World Bank says

Nigeria spent N7.7 trillion on interest in the first half of 2026, equal to 124.2% of its N6.2 trillion revenue, according to the World Bank.
News

Nigeria opens 2026 licensing round with 40 oil blocks as output hits 1.82 million barrels a day

Nigeria has launched its 2026 oil licensing round, offering 40 blocks across land, shallow water and deepwater, as crude and condensate output rises to 1.82 million barrels a day.
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“Even a pregnant woman suffers”: Ogun’s Oke Sefu residents beg Gov. Abiodun to fix flooded, pothole-ridden road

Residents of Oke Sefu community in Ibafo, Ogun State, are appealing to the state government to repair a flooded, pothole-ridden access road that has disrupted livelihoods.