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Finance Ministry, contractors clash again over outstanding debt

Nigeria's Finance Ministry says it processed N700bn to 1,240 local contractors, but protesting members of AICAN insist most of them have received no payment.

Xenophobia: Nigeria weighs sanctions against South Africa

Nigeria says it is weighing sanctions against South Africa over renewed xenophobic attacks on Nigerians, warning that a review of bilateral privileges is not off the table.

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Tony Elumelu’s Transcorp posts record $399m revenue

Tony Elumelu's Transcorp Group posted record full-year 2025 revenue of $399 million and a 44 percent profit after tax surge, its strongest financial performance to date.

BudgIT uncovers N24bn in abandoned, unexecuted public projects

BudgIT's Tracka platform has identified N24 billion in abandoned, unexecuted, and fraudulently delivered public projects across Nigerian states, with Benue, Ondo, Imo, and Lagos among the worst performers.

Nigeria’s balance of payments surplus drops 38 percent

Nigeria's overall balance of payments surplus fell 38 percent to $4.23 billion in 2025, with crude oil export declines and a sharp retreat in foreign portfolio investment driving the contraction.

Tinubu Makes Historic State Visit to UK, Strengthening Nigeria-UK Ties

KEY POINTS President Bola Tinubu begins historic state visit to the UK, first in...

Emir Sanusi to Lead Kano Eid-el-Fitr Durbar

KEY POINTS Emir Muhammadu Sanusi II to lead Hawan Idi durbar in Kano amid...

Four Abducted at Cocoa Research Institute in Ibadan

KEY POINTS Four people kidnapped at Cocoa Research Institute, Ibadan; one rescued. Oyo State...

Labour Party Sets May 23 for 2027 Presidential Primaries

KEY POINTS Labour Party schedules presidential primary for May 23, 2026, with governorship and...

Soludo Begins Second Term as Anambra Governor Amid High-Profile Inauguration in Awka

KEY POINTS Chukwuma Soludo and his deputy were sworn in for a second term...

Zamfara Governor Joins Tinubu on Landmark UK Visit to Boost Trade

KEY POINTS Governor Dauda Lawal will join President Tinubu on a two-day state visit...

Half of Nigerians distrust INEC ahead of 2027 polls, GoNigeria warns electoral reform is unavoidable

Civil society group GoNigeria says surveys show less than 50 percent of Nigerians trust INEC to deliver credible 2027 elections.

Maiduguri blast survivors recount horror, Tinubu orders service chiefs to relocate to Borno

Survivors of the Maiduguri bombings described scenes of chaos and smoke as Tinubu ordered service chiefs to relocate to Borno State.

Maiduguri bombings kill 23, injure 108 as opposition demands Tinubu cut UK visit short

Suspected Boko Haram suicide bombers struck three locations in Maiduguri Monday evening, killing 23 people and wounding 108 others.

Latest articles

Finance Ministry, contractors clash again over outstanding debt

Nigeria's Finance Ministry says it processed N700bn to 1,240 local contractors, but protesting members of AICAN insist most of them have received no payment.

Xenophobia: Nigeria weighs sanctions against South Africa

Nigeria says it is weighing sanctions against South Africa over renewed xenophobic attacks on Nigerians, warning that a review of bilateral privileges is not off the table.

Agriculture records 3.15 percent GDP growth to N11.87trillion in first quarter

Nigeria's agricultural sector grew 3.15 percent year-on-year to N11.87trn in the first quarter of 2026, with crop production leading the gains at N8.9trn, the NBS says.

Nigeria among world’s most expensive countries for airline operations, says IATA

IATA has named Nigeria one of the world's most expensive countries for airline operations, blaming high taxes and charges that keep local carriers from competing.