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Adelabu Quits as Power Minister to Chase Oyo Governorship Ambition

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...
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FG, States, LGs Share ₦2.036 Trillion as Taiwo Oyedele Chairs First FAAC Meeting

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...

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DSS Tightens Grip On Malami In Terror Financing Case

DSS is seeking a court order to keep former Attorney-General Abubakar Malami in custody over alleged terror financing issues.
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Nigeria Cuts Cooking Gas Imports As Local Plants Supply 87%

Nigeria produced 87 percent of its cooking gas in 2025 as local refineries cut imports and improved supply nationwide.
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FG Plans To Borrow ₦900bn In January As Debt Pressure Grows

Nigeria’s government plans to raise ₦900bn from bonds in January 2026, doubling last year’s borrowing amid rising debt pressure.
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Court Adjourns Trial of Anthony Joshua’s Driver to February 25

KEY POINTS The Sagamu Magistrate Court adjourned the trial of Adeniyi Kayode to allow...
Business

Nigerian Monarch Obateru Akinruntan Targets 200 Obat Oil Stations as Fuel Market Reshapes

KEY POINTS Obat Oil plans to grow its retail network to 200 stations across...
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FG Introduces Impact Challenge as 3MTT Expands

Nigeria’s government is introducing a new challenge to assess how digital skills training under 3MTT is translating into jobs, opportunities, and long-term economic impact
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Chief Imam of Ilorin Sheikh Muhammad Bashir Sali Dies at 75

KEY POINTS Sheikh Muhammad Bashir Saliu, Chief Imam of Ilorin, has died at the...
Business

Geregu Power Posts $29.5m Profit as Abdulaziz Yari Era Begins with Strong Results

KEY POINTS Geregu Power posted a pre tax profit of $29.53 million on revenue...
Business

Paystack Expands into Banking as Shola Akinlade Targets Nigeria’s $32bn Small Business Funding Gap

KEY POINTS Paystack has acquired and rebranded a microfinance bank to expand into lending...
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Katsina Plans To Free 70 Bandits, Sparks Outrage Across Nigeria

Katsina’s move to free 70 bandits sparks anger. Critics say it risks safety, justice, and encourages more criminal attacks.
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FCTA Workers Shut Abuja Offices, Demand Meeting With Minister Wike

FCTA and FCDA staff strike shuts Abuja offices. Workers demand Minister Wike resolve unpaid promotions and welfare issues.
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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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Adelabu Quits as Power Minister to Chase Oyo Governorship Ambition

KEY POINTS Adebayo Adelabu has resigned as Minister of Power, effective April 30, 2026. ...
News

FG, States, LGs Share ₦2.036 Trillion as Taiwo Oyedele Chairs First FAAC Meeting

KEY POINTS FG, states, and LGs received allocations from March 2026 revenue, with oil-producing...
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Senate Orders Full Probe Into Boko Haram Attacks on Military Bases in Borno

KEY POINTS The Senate ordered a full military audit following deadly attacks on bases...
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Court Orders DSS to Detain Six Suspects Over Alleged Terrorism in Abuja

KEY POINTS Six defendants were arraigned in Abuja on a 13-count charge of alleged...