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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.

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.

NECO Releases 2025 SSCE Results, Records 72% Pass in English and Mathematics

KEY POINTS NECO recorded a 72% pass rate in English and Mathematics in the...

PDP Chieftain Labels Wike as “Root Cause” of Party Crisis

KEY POINTS A PDP chieftain, Tony Ehilebo, has accused FCT Minister Nyesom Wike...

DSS Arraigns Ex-AGF Malami, Son Over Terrorism

KEY POINTS DSS has arraigned former AGF Abubakar Malami and his son on terrorism...

Court Shifts Ganduje Corruption Trial to April 15

KEY POINTS A Kano State High Court has adjourned the trial of former Kano...

Senate Confirms Justice Joseph Oyewole as Supreme Court Justice

KEY POINTS Senate has confirmed Justice Joseph Oyewole as a Justice of the Supreme...

Senate Seeks Nationwide Emergency Response Framework After Abuja Singer’s Snakebite Death

KEY POINTS Senate urges FCTA and states to create coordinated emergency referral and response...

Peter Obi Declares 2027 Presidential Ambition

KEY POINTS Peter Obi confirms he will contest the 2027 presidential election as a...

FMC Abuja Denies Negligence in Death of Singer Ifunanya Nwagene After Snake Bite

KEY POINTS FMC Abuja says it made every effort to save singer Ifunanya Nwagene...

Kano Senator Orders Defected NNPP Chairmen to Return Party Vehicles

KEY POINTS Senator Rufai Hanga has ordered defected NNPP local government chairmen in Kano...

World Bank Says Nigeria Portfolio Tops $16bn as Global Operations Chief Begins Country Visit

KEY POINTS World Bank says its active development projects and lending in Nigeria now...

Malami Challenges Court Order Freezing 57 Properties Linked to Alleged N213bn Proceeds

KEY POINTS Former Attorney-General Abubakar Malami is asking a Federal High Court to set...

FAAN to Close MMIA Terminal One in March for Major Rehabilitation Works

KEY POINTS FAAN plans to shut Terminal One of Lagos airport in March for...

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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.

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.

“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.

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.