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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.
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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 almost 40 years. Visit emphasizes trade, cultural ties, and expansion of Nigerian businesses in the UK. Meetings include King Charles III, Queen Camilla, Prince William, PM Keir Starmer, and Nigerian...

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Kidnappings Spread Across Kwara, Kebbi and Kano as Raids Intensify

Armed groups raided Kwara, Kebbi and Kano, took twenty people and sparked wider security deployments while families and communities pushed for stronger protection.
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South-East Residents Explain Monday Business Shutdowns

South-East residents say ongoing fears and uncertainty still force many businesses to remain closed on Mondays despite efforts to restore normal activity.
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Nigeria Students Link Kidnappings to Security Failures

NANS says an internal security collapse is fueling rising school abductions, warning that campuses are becoming prime targets for armed kidnappers.
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New Nigerian Tax Law Sets Tougher Penalties

Nigeria’s revised tax law imposes new tax penalties aimed at tightening compliance, reducing evasion and boosting government revenue across key sectors.
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Pinnick Blames New Format for Super Eagles’ World Cup Miss

Super Eagles failed to qualify for the World Cup, with Pinnick blaming new qualification format for altering Nigeria’s path and complicating the campaign.
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CBN Holds Benchmark Interest Rate at 27 Percent

The Central Bank of Nigeria has held its benchmark rate at 27 percent, keeping pressure on inflation while signaling caution on economic risks.
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Nigeria’s Bishops Warn of Rising Security Threats

Catholic bishops raise alarm over Nigeria’s growing insecurity, urging swift government action as communities face escalating violence and instability nationwide.
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UNIMAID Graduates Over 20,000 Students

UNIMAID celebrates a major graduation milestone as more than 20,000 students complete academic programs supported by significant federal and state interventions
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UN: Terror and Banditry Push Millions in Northern Nigeria Toward Famine

The UN reports a surge in hunger across northern Nigeria as renewed attacks, mass abductions and funding cuts push thousands toward catastrophic, famine level conditions.
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Governors Race To Contain Worsening Kidnappings As Schools Shut Across Northern States

Governors across the North and South West prepare new security plans as school closures, kidnapping cases and rising attacks force states to review protection measures.
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US Presses Nigeria for Action as Hundreds of Schoolchildren Remain Missing

The US will share intelligence and deepen security cooperation with Nigeria after the Kebbi and Niger school abductions, as hundreds of children remain missing today.
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SEC Urges Compliance After Nigeria’s Exit From FATF Grey List

Nigeria’s SEC urges stronger, proactive compliance after the country’s FATF Grey List exit, warning that global institutions will closely monitor whether reforms remain sustainable.
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News

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.
News

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...
News

Emir Sanusi to Lead Kano Eid-el-Fitr Durbar

KEY POINTS Emir Muhammadu Sanusi II to lead Hawan Idi durbar in Kano amid...
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Four Abducted at Cocoa Research Institute in Ibadan

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

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