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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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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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Oyo Teachers Begin Indefinite Strike Over Abduction of Colleagues, Pupils

KEY POINTS The Nigeria Union of Teachers (NUT) in Oyo State has ordered an...
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Tinubu Sends Rescue Team to Oyo After School Abductions

  KEY POINTS President Bola Tinubu has deployed a specialised rescue team and sent top...
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Ex-Defence Spokesman, Wife Kidnapped in Katsina

KEY POINTS Retired Major General Rabe Abubakar and his wife were kidnapped by suspected...
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DSS Officer Killed as Suspected Oil Thieves Attack Security Base in Imo

KEY POINTS A DSS operative was killed and two others injured after suspected oil...
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Makinde Promises Safe Return of Abducted Oyo Pupils, Teachers

KEY POINTS Governor Seyi Makinde has assured residents that the Oyo State Government is...
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Erosion Cuts Off Oji–Awgu Highway

KEY POINTS Heavy rainfall triggered severe erosion that cut off a section of the...
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Forest routes are fueling kidnappings across South-West

Forests and porous borders across Oyo, Osun, Ogun and Ekiti are fueling a wave of South-West kidnappings, a Saturday PUNCH investigation has revealed.
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Tinubu at Three Years: Nigeria on the Path to Recovery Despite Challenges

KEY POINTS President Bola Tinubu says Nigeria is undergoing difficult but necessary reforms that...
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Teachers, Pupils’ Abduction Sparks Protest in Oyo

KEY POINTS Teachers and civil society groups staged a peaceful protest in Ibadan Protesters...
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Armed Robbers Kill Driver on Enugu-Abakaliki Highway

KEY POINTS Armed robbers shot dead a commercial driver and robbed passengers on the...
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Dangote and Benedict Peters Emerge as Biggest Winners of Hormuz Crisis

KEY POINTS The Hormuz crisis has tightened global oil supply, increasing demand for Nigerian...
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Petrol price hit N1,532.93 per liter in April, NBS says

Nigeria's average petrol price climbed to N1,532.93 a liter in April, up nearly 19 percent on March, while diesel jumped more than 50 percent, NBS says.
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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.
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.
News

“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.
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Dangote refinery cuts off petrol sales to fuel importers over “blending” of Euro-5 product with imported grades

Dangote Petroleum Refinery has stopped selling petrol to marketers who import fuel, accusing them of blending its Euro-5 product with lower-quality imported grades.