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World Bank Says Nigeria Portfolio Tops $16bn as Global Operations Chief Begins Country Visit

KEY POINTS World Bank says its active development projects and lending in Nigeria now exceed $16 billion across key sectors. Managing Director Anna Bjerde is in Nigeria to discuss a new partnership framework focused on jobs, energy and private-sector growth. Lagos State signals readiness...
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Malami Challenges Court Order Freezing 57 Properties Linked to Alleged N213bn Proceeds

KEY POINTS Former Attorney-General Abubakar Malami is asking a Federal High Court to set aside an interim forfeiture order on properties seized by the EFCC. The order covers 57 properties allegedly linked to Malami and his two sons and valued at about N213 billion. ...

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Nigeria Wastes 2,275MW of Electricity As Many Homes Stay Dark

Nigeria produces enough electricity, but poor power lines and gas problems stop much of it from reaching homes and businesses.
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Nigeria’s Economy Set To Soar: IMF Predicts 4.4% Growth In 2026

IMF forecasts Nigeria’s economy to grow 4.4% in 2026, highlighting reforms, energy prices, and fiscal stability.
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Turaki Denies PDP’s N10,000 Levy Claim, Says Funding Talk Was Misrepresented

KEY POINTS PDP leadership rejects claims of a N10,000 contribution request Party says comments...
Business

Otedola Hosts Rabiu, Business Leaders at Private Dubai Dinner

KEY POINTS Femi Otedola hosted Abdul Samad Rabiu and friends at a private dinner...
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Haske Group Expels Abba Atiku Over APC Defection

KEY POINTS Atiku Haske Organisation dismisses Abba Atiku following his move to the APC ...
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FCTA Removes 607 Beggars and Mentally Challenged People From Abuja Streets

FCTA removed 607 beggars and mentally challenged people from Abuja streets and sent them back home for help and safety.
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Petrol Imports Dominate Nigeria Despite Rise In Local Refinery Output

Nigeria relied on imported petrol for 62% of fuel in 2025, with local refineries supplying only 38 percent of demand.
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Nigeria’s Power Debt Jumps To N6.5 Trillion As Unpaid Bills Threaten FG Bond Plan

Nigeria’s power sector debt climbs to N6.5 trillion as GenCos get partial payments, putting pressure on the government’s bond plan.
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Aid Cuts Deepen Hunger in Northeast Nigeria, WFP Says

WFP warns that aid cuts in northeast Nigeria are deepening hunger as funding shortfalls force sharp reductions in food and nutrition assistance across the region.
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US Approves $413 Million for Security Operations in Nigeria, Africa

The United States has allocated $413 million for security operations in Nigeria and West Africa, enhancing counter-insurgency efforts and deepening regional military cooperation.
Business

Nigeria Inflation Eases to 15.15% in December as NBS Revises Methodology

KEY POINTS Nigeria headline inflation slowed to 15.15 percent in December 2025, reflecting a...
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Dele Momodu Joins ADC, Warns Against One Party Drift in Nigeria

KEY POINTS Dele Momodu has formally joined the African Democratic Congress, citing concern over...
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Business

World Bank Says Nigeria Portfolio Tops $16bn as Global Operations Chief Begins Country Visit

KEY POINTS World Bank says its active development projects and lending in Nigeria now...
News

Malami Challenges Court Order Freezing 57 Properties Linked to Alleged N213bn Proceeds

KEY POINTS Former Attorney-General Abubakar Malami is asking a Federal High Court to set...
News

FAAN to Close MMIA Terminal One in March for Major Rehabilitation Works

KEY POINTS FAAN plans to shut Terminal One of Lagos airport in March for...
News

Court Bars NLC, TUC From Planned Abuja Protest Over FCT Strike Dispute

KEY POINTS National Industrial Court restrains NLC, TUC and union leaders from protesting or...

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