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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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Police Rescue 10 Abducted NYSC Members in Kogi

KEY POINTS Police rescued 10 more NYSC members abducted along a highway in Kogi. ...
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Festac Residents Plan Protest Over Fence Demolition

KEY POINTS Festac residents plan a peaceful protest over the alleged demolition of their...
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Two Killed in Lagos Cinema Machete Attack

KEY POINTS Two people died after a machete and knife attack at Filmhouse IMAX...
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NDLEA Raids Port Harcourt Drug Den, Seizes Cocaine and Heroin

KEY POINTS NDLEA raided a Port Harcourt drug den and recovered cocaine, heroin and...
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Gunmen Abduct NYSC Members in Kogi, 11 Rescued

KEY POINTS Gunmen attacked two buses carrying passengers, including NYSC members, along the Aloma-Egane...
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Kidnappers Collect ₦7.8bn in One Year, Study Finds

KEY POINTS 7,825 Nigerians were kidnapped in one year, a 66% increase from the...
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Gunmen Abduct Kogi Principal, NECO Official, Students During Exam

KEY POINTS Gunmen abducted a Kogi school principal, NECO official and students during an...
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Sunday Igboho Allegedly Stops Police Arrest of Tani Olohun

KEY POINTS Sunday Igboho allegedly stopped police from arresting Tani Olohun in Ibadan. Olohun...
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Presidency Blames Contractor for Benin-Asaba Gridlock

KEY POINTS Presidency blames the contractor for the Benin-Agbor-Asaba road crisis. Gridlock stranded motorists...
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Plateau Mother Shields Children in Deadly Attack

KEY POINTS A Plateau mother survived after shielding two children from gunfire. Three of...
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Suspected Lakurawa Fighter Linked to Niger Mosque Attack

KEY POINTS A suspected Lakurawa fighter identified as Mar Dego has been linked by...
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Troops Intercept Gun Runners, Rescue Six Kidnap Victims in Zamfara

KEY POINTS Troops arrested three suspected gun runners in Zamfara. An AK-103-2 rifle 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.