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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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ASUP Orders Staff Off Campus Over Security Fears

KEY POINTS ASUP orders academic staff off Federal Polytechnic Offa campus. Council says meetings...
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Two-Storey Building Collapses in Aboru Area of Lagos State

KEY POINTS One person died in the Lagos building collapse. Two workers were rescued...
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NDLEA Brings Wanted Drug Suspect Back from Benin

KEY POINTS NDLEA arrests Festus Ibewuike in Benin Republic. He is linked to 49.70kg...
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Kara Bridge Repairs Trigger Major Lagos-Ibadan Expressway Gridlock

KEY POINTS Kara Bridge repairs trigger severe Lagos-Ibadan gridlock. Traffic stretches from Kara towards...
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Outrage as Kwara Revenue Officials Allegedly Evict Students Over Hostel Tax Dispute

KEY POINTS KWIRS officials allegedly evicted students from Malete hostels over a revenue dispute...
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Ekiti Varsity Pensioners Demand Unpaid Pensions, Gratuities

L KEY POINTS BOUESTI pensioners say August pension remains unpaid. Retirees demand July balance, gratuities...
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Insecurity Claims 3,193 Nigerians in Eight Months

KEY POINTS 3,083 people were reportedly killed and 3,193 abducted between January and August...
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Family Raises Alarm Over EFCC Custody of Hospitalised Executive

KEY POINTS Immanuel's family alleges he is handcuffed to his LASUTH hospital bed despite...
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NAPPS Challenges WAEC Over 2026 Results

KEY POINTS JAMB has extended the admission window to allow candidates affected by 2026...
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Niger Community Decries Dilapidated Health Centre

KEY POINTS A dilapidated primary healthcare centre in Suleja reportedly serves about 4,798 residents,...
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Boko Haram Attacks APC Governorship Candidate’s Convoy in Borno

KEY POINTS Suspected Boko Haram insurgents detonated a landmine under a police armoured vehicle...
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Oworonshoki Demolition Victims Still Homeless After Three Years

KEY POINTS Hundreds of Oworonshoki demolition victims remain homeless three years later. MOTION alleges...
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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.
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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.