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Obasanjo says 13% derivation is only a start for oil-producing states

Former president Olusegun Obasanjo says the 13% derivation is only a starting point for oil producing states, as Bayelsa governor Douye Diri calls it inadequate.
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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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Politics

Gwarzo Dumps ADC Amid Shifting Political Landscape

KEY POINTS Aminu Gwarzo has resigned from the African Democratic Congress with immediate effect. ...
Politics

Rhodes-Vivour Stays in ADC, Parts Ways Politically with Obi

KEY POINTS Gbadebo Rhodes-Vivour has confirmed he will remain in the African Democratic Congress...
Politics

PDP Crisis Deepens as Turaki Emerges Interim Chairman

KEY POINTS Kabiru Turaki has been appointed interim chairman of the Peoples Democratic Party...
Politics

Governors push out incumbent senators in 2027 ticket grab

At least 10 Nigerian governors are using consensus arrangements to push out incumbent senators ahead of the 2027 elections after President Tinubu ceded primary power.
Politics

Obi and Kwankwaso Join New Opposition Party Ahead of 2027 Elections

KEY POINTS Peter Obi and Rabiu Kwankwaso have officially joined the Nigeria Democratic Congress...
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Former Adamawa Senator Abbo Leaves ADC, Joins Labour Party

KEY POINTS Ishaku Abbo left the African Democratic Congress due to ongoing leadership disputes...
Politics

APC Stakeholders Purchase 2027 Re-Election Forms for Rivers Governor Fubara

KEY POINTS APC stakeholders in Rivers purchased 2027 nomination forms for Governor Fubara. The...
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Tinubu Endorses Hamzat as APC Governorship Candidate for Lagos 2027

KEY POINTS President Tinubu endorsed Obafemi Hamzat as APC’s Lagos governorship candidate for 2027. ...
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Supreme Court to Rule on ADC Leadership Crisis

KEY POINTS The Supreme Court of Nigeria will rule on the ADC leadership dispute...
Politics

Nsukka coalition warns elites against imposing candidates

The Nsukka Democratic Movement has warned political elites in Enugu North against backroom deals to impose candidates ahead of the 2027 elections.
Politics

Datti Baba-Ahmed quits Labour Party for PRP, eyes 2027

Yusuf Datti Baba-Ahmed, Peter Obi's 2023 running mate, has quit the Labour Party for the Peoples Redemption Party ahead of the 2027 elections.
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Presidency rejects N’West neglect claims, lists projects

The presidency has pushed back on claims that President Tinubu has neglected the North West, listing a $2 billion Kano-Maradi rail project and other investments.
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Business

Obasanjo says 13% derivation is only a start for oil-producing states

Former president Olusegun Obasanjo says the 13% derivation is only a starting point for oil producing states, as Bayelsa governor Douye Diri calls it inadequate.
News

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.