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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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Labour Party Ratifies 1,211 Candidates for 2027 Elections

KEY POINTS Labour Party ratifies 1,211 candidates after completing nationwide primaries for the 2027...
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Reps Approve State Police Bill Amid Rising Insecurity

KEY POINTS The House of Representatives passed the State Police Bill with 289 lawmakers...
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FG Schedules More Evacuation Flights as 262 Nigerians Return From South Africa

KEY POINTS The first batch of 262 Nigerians evacuated from South Africa has arrived...
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Senate Orders Security Agencies to Arrest Bandits Flaunting Cash on TikTok

KEY POINTS The Senate has directed security agencies to track and arrest bandits and...
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DSS Questions Edo Take-It-Back Leader Over June 12 Protest

KEY POINTS • Edo Take-It-Back Movement coordinator Clinton Onobumhe alleged that the DSS interrogated and...
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Senate Advances Bill to Regulate Cryptocurrency

KEY POINTS • The Senate has passed a bill seeking to regulate cryptocurrency trading and...
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Iyabo Obasanjo Set to Return to PDP After APC Exit

KEY POINTS • Former senator Iyabo Obasanjo is reportedly set to rejoin the Peoples Democratic...
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Nigeria Moves to Bring Home Over 100 Citizens Jailed in Ethiopia

KEY POINTS • The Federal Government is set to sign a prisoner transfer agreement with...
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Adeleke Escapes Unhurt as Podium Collapses at Osun Rally

KEY POINTS • Osun State Governor Ademola Adeleke and top officials escaped unhurt after a...
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Osun LG Vice Chairman Abducted as Gunmen Attack Border Community

  KEY POINTS • Gunmen attacked Ora community on the Osun-Kwara border and abducted Ifedayo Local...
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Bandits Attack Kogi School, Kill Three During WAEC Exam

KEY POINTS • Armed bandits invaded a secondary school in Kogi State during a WAEC...
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Edo Shuts Three Schools Over Kidnap Threat

KEY POINTS • Edo State Government has closed three secondary schools in Akoko-Edo LGA following...
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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.