KEY POINTS
Adebayo Adelabu has resigned as Minister of Power, effective April 30, 2026.
He cited his intention to contest the Oyo State governorship and comply with electoral laws.
His exit marks a significant development ahead of upcoming elections in the state.
Nigeria’s Minister of...
KEY POINTS
FG, states, and LGs received allocations from March 2026 revenue, with oil-producing states getting ₦120.759 billion derivation.
The finance minister chaired his first FAAC meeting, marking another ₦2 trillion-plus distribution this year.
Statutory revenue increased, but VAT and key oil-related revenues recorded...
Nigeria Hotel Association president Patrick Anyanwu has warned hoteliers that sheltering criminals or internet fraud suspects will attract sanctions, including possible shutdown.
Nigeria is among 117 countries without a Senate-confirmed US ambassador, according to a State Department document published April 8, reflecting a sweeping diplomatic gap under Trump.
The IMF warned Nigerians face tougher near-term conditions from rising food and transport costs, even as the country's oil grades trade above $113 per barrel.
Chief of Defence Staff Gen. Olufemi Oluyede on Thursday announced the reintegration of 744 former terrorists and victims of violent extremism into society, following their graduation from the De-radicalisation, Rehabilitation and Reintegration Camp under Operation Safe Corridor in Gombe.
Dr. Chinyere Almona, Director General of the Lagos Chamber of Commerce and Industry, on Thursday warned that Nigeria's March inflation rise threatens business sustainability, as headline inflation climbed to 15.38 percent in March 2026 from 15.06 percent in February.
Security agencies reinforced airports and correctional facilities on Thursday after the Washington Post revealed a Nigerian Customs Service memo detailing an ISWAP airport threat against the Nnamdi Azikiwe International Airport and Kuje Custodial Centre in Abuja.