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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

Lagos Government Seals Ladipo Spare Parts Market Over Persistent Environmental Violations

KEY POINTS The Lagos State Government has sealed Ladipo Spare Parts Market over repeated...
News

NDLEA Nabs Lagos Businessman at Kano Airport for Ingesting 95 Wraps of Cocaine Bound for China

K KEY POINTS NDLEA arrested a Lagos-based businessman at Kano airport after he swallowed 95...
News

IPOB Ends Monday Sit-at-Home Across South-East

KEY POINTS IPOB has permanently cancelled the Monday sit-at-home across the South-East, effective February...
News

Gunmen Kill Three, Abduct Catholic Priest in Fresh Kaduna Attack

KEY POINTS Gunmen killed three people and abducted Catholic priest Rev. Fr. Nathaniel Asuwaye...
News

NLC Threatens Mass Action, Election Boycott Over Rejection of Real-Time Results Transmission

KEY POINTS NLC has threatened mass action and possible election boycott if real-time electronic...
Business

Lagos Assembly Budgets N55.4bn for Lawmakers’ Quarters, Complex Beautification in 2026

KEY POINTS Lagos Assembly plans to spend N55.4bn in 2026 on lawmakers’ quarters and...
News

Fresh Benue Attack Leaves 13 Dead as Gunmen Torch Market, Abduct Women

KEY POINTS Gunmen killed 13 people in an attack on Anwase Market in Kwande...
News

Lassa Fever Outbreak Hits Plateau as State Confirms 11 Cases, Four Deaths

KEY POINTS Plateau State has confirmed 11 Lassa fever cases and four deaths across...
News

INEC Registers Two New Political Parties Ahead of 2027 General Elections

KEY POINTS INEC has registered the Democratic Leadership Alliance and the National Democratic Congress...
News

EFCC Arraigns Ex-Federal University Dutsinma VC Over Alleged ₦19.7m Bribery Scheme

KEY POINTS EFCC has arraigned former Federal University Dutsinma VC, Prof. Armaya’u Hamisu Bichi,...
News

Trump Praises Nigeria’s First Lady Remi Tinubu at US National Prayer Breakfast

KEY POINTS US President Donald Trump publicly recognised Nigeria’s First Lady, Oluremi Tinubu, at...
News

Villagers’ Refusal to Embrace Extremist Ideology Sparked Deadly Attack in Kwara

KEY POINTS The massacre of 162 villagers in Kwara State was a retaliatory attack...
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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.
News

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.