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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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Presidency Sets N12.2bn For Travel In 2026 As State House Budget Hits N43.2bn

The 2026 budget shows heavy travel spending by the Presidency, with the State House allocation rising to N43.2 billion.
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Why Africa’s Push For Visa-Free Travel Is Gaining Momentum

Advocacy for visa-free Africa grows as leaders, experts, and youth push freer movement to boost trade, jobs, and continental unity.
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Zenith Bank Rally Lifts Jim Ovia’s Stake by $18.5 Million

A steady rally in Zenith Bank shares has increased the value of founder Jim Ovia’s stake by $18.5 million as investors favor dividend-paying lenders.
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Nigeria Allocates ₦822 Billion to Digital Economy Over Six Years

Nigeria spent more than ₦822 billion on its digital economy ministry over six years, with sharp swings in funding and capital projects dominating allocations.
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Wike Praises Tinubu, Umahi as East West Road Opens to Traffic in Rivers Bonny Axis

KEY POINTS Wike applauds Tinubu and Umahi for opening the East West Road linking...
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Tinubu Hails NGX Crossing ₦100 Trillion as Investor Confidence Returns to Nigeria

KEY POINTS NGX market value has crossed ₦100 trillion, a historic first for Nigeria ...
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FG Orders All Airlines, Shipping Firms To Submit Manifests Through Single Window

FG mandates airlines, shipping firms to use National Single Window for cargo manifests, aiming to reduce delays and improve trade.
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Ogun Residents Petition Governor Over Harmful Quarry Operations in Isara Remo

Isara Remo residents petition Ogun governor over quarries destroying roads, farmland, and air quality, urging strict regulation and oversight.
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Dangote Refinery Sells Petrol Directly To Marketers After Depot Deal Fails

Dangote cuts petrol price, sells directly to independent marketers after depot deal fails, aiming to ease fuel supply issues.
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Obi Warns 141 Million Nigerians Live In Poverty As Politicians Focus On Power

Peter Obi warns poverty is rising fast in Nigeria as politicians chase power and national football players remain unpaid.
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Datti Baba Ahmed Declares 2027 Presidential Bid

KEY POINTS Datti Baba Ahmed announced his 2027 presidential ambition at the Labour Party...
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Nigeria Posts N12 Trillion Trade Surplus As Non-Oil Exports Soar

Nigeria posts N12 trillion trade surplus in H1 2025 as non-oil exports rise 21% and Special Economic Zones create jobs.
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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...
News

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...