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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 Worshippers at Niger Mosque

K KEY POINTS Gunmen abducted worshippers from Kpenya Mosque in Niger State during Friday prayers. ...
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Osun Govt Warns Against Fresh Violence After Election

KEY POINTS Osun Government warns of alleged plans to cause fresh violence at council...
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Travellers Accuse JTF Operatives of Extortion, Harassment in Imo

KEY POINTS Travellers accuse JTF personnel in Imo of extortion, phone searches, harassment and...
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23-Year-Old Boko Haram Fighter Surrenders to Nigerian Troops

KEY POINTS 23-year-old suspected Boko Haram fighter Ali Saidiq surrendered to troops in Borno...
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Police Shooting Sparks Protest at Onitsha Head Bridge

KEY POINTS Trader allegedly shot during a dispute involving N5,000. Police say he was...
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Inmate Escapes from Maximum Security Custodial Centre in Maiduguri

KEY POINTS Inmate escapes from Maiduguri maximum-security prison. NCoS identifies him as “JOHN ISEARL”. ...
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Man Threatens to Destroy Communities on Niger-Kebbi Boundary

KEY POINTS Man threatens to destroy Niger-Kebbi border communities. He warns residents against farming...
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Influencer Arrested Over Alleged $28m Cocaine Shipment Bound for UK

KEY POINTS NDLEA seized 184.5kg of cocaine valued at nearly $28m. Influencer “KC Luxury”...
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Wike Orders Demolition of Houses Blocking Abuja Waterways

K KEY POINTS Wike orders immediate demolition of houses blocking Abuja waterways. Buildings in Maitama...
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Over 200 KASU Lecturers Resign as ASUU Threatens Strike

KEY POINTS Over 200 KASU lecturers have reportedly resigned over poor conditions. ASUU gives...
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Nigeria’s Inflation Falls to 15.43%

KEY POINTS Headline inflation fell to 15.43% in July from 15.91%. Food inflation rose...
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Bandits Attack Sokoto Communities, Displace Women and Children, Rustle Over 300 Cattle

KEY POINTS Suspected bandits attacked Ungushi, Gwandi and Maikurfuna in Kebbe LGA, forcing women,...
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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.