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Nigeria spent N7.7 trillion on debt interest in six months, 124% of its revenue, World Bank says

Nigeria spent N7.7 trillion on interest in the first half of 2026, equal to 124.2% of its N6.2 trillion revenue, according to the World Bank.
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Nigeria opens 2026 licensing round with 40 oil blocks as output hits 1.82 million barrels a day

Nigeria has launched its 2026 oil licensing round, offering 40 blocks across land, shallow water and deepwater, as crude and condensate output rises to 1.82 million barrels a day.

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Gunmen Kidnap 23 Pupils in Kogi Orphanage Facility

KEY POINTS Gunmen abducted 23 pupils and a proprietor’s wife from an unregistered school...
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JAMB Debunks Fake UTME Result Claiming 394 Score

KEY POINTS JAMB has disowned a viral UTME result claiming a candidate scored 394,...
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APC Criticises Makinde Over ‘Operation Wetie’ Remarks at Ibadan Summit

KEY POINTS APC criticised Governor Seyi Makinde for remarks referencing a violent period in...
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FCT Teachers Suspend Strike After Wike’s Intervention

KEY POINTS FCT teachers have suspended their strike after intervention by the minister, Nyesom...
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Obasanjo says NNPC refineries will never work again

Former President Olusegun Obasanjo has insisted Nigeria's three NNPC refineries will never work, citing past rejection by Shell and pressure that scuttled the Dangote sale.
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Nigerian airlines plan Thursday shutdown as Jet A1 prices triple

Nigerian airlines may ground flights Thursday over a 300 percent surge in Jet A1 fuel prices, pushing operating costs past breaking point.
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Army Cracks Down on Oil Theft, Destroys 10 Illegal Refineries and Arrests Nine in Niger Delta

KEY POINTS Nigerian Army arrested nine suspects and destroyed 10 illegal refining sites across...
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FG Commits Over ₦5bn Through UBEC to Tackle Out-of-School Crisis Nationwide

KEY POINTS The Federal Government has allocated over ₦5 billion through UBEC to improve...
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Mother of NYSC Member Killed in Abuja Crossfire Demands Justice

KEY POINTS An NYSC member, Abdulsamad Jamiu, was killed during a crossfire between soldiers...
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Hunter Killed in Accidental Explosion During Joint Patrol in Adamawa

KEY POINTS A local hunter was killed in an accidental explosion during a joint...
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Yahaya Bello Money Laundering Trial Adjourned to May 6

KEY POINTS The court adjourned Yahaya Bello’s alleged money laundering trial to May 6–7,...
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EFCC Arrests Former Skye Bank Chairman Tunde Ayeni Over Alleged ₦36.5bn Fraud

KEY POINTS EFCC arrested former Skye Bank chairman Tunde Ayeni over alleged ₦36.5bn and...
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Nigeria spent N7.7 trillion on debt interest in six months, 124% of its revenue, World Bank says

Nigeria spent N7.7 trillion on interest in the first half of 2026, equal to 124.2% of its N6.2 trillion revenue, according to the World Bank.
News

Nigeria opens 2026 licensing round with 40 oil blocks as output hits 1.82 million barrels a day

Nigeria has launched its 2026 oil licensing round, offering 40 blocks across land, shallow water and deepwater, as crude and condensate output rises to 1.82 million barrels a day.
News

“Even a pregnant woman suffers”: Ogun’s Oke Sefu residents beg Gov. Abiodun to fix flooded, pothole-ridden road

Residents of Oke Sefu community in Ibafo, Ogun State, are appealing to the state government to repair a flooded, pothole-ridden access road that has disrupted livelihoods.
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Dangote refinery cuts off petrol sales to fuel importers over “blending” of Euro-5 product with imported grades

Dangote Petroleum Refinery has stopped selling petrol to marketers who import fuel, accusing them of blending its Euro-5 product with lower-quality imported grades.