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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

Katsina Plans To Free 70 Bandits, Sparks Outrage Across Nigeria

Katsina’s move to free 70 bandits sparks anger. Critics say it risks safety, justice, and encourages more criminal attacks.
News

FCTA Workers Shut Abuja Offices, Demand Meeting With Minister Wike

FCTA and FCDA staff strike shuts Abuja offices. Workers demand Minister Wike resolve unpaid promotions and welfare issues.
News

Nigeria Wastes 2,275MW of Electricity As Many Homes Stay Dark

Nigeria produces enough electricity, but poor power lines and gas problems stop much of it from reaching homes and businesses.
News

Nigeria’s Economy Set To Soar: IMF Predicts 4.4% Growth In 2026

IMF forecasts Nigeria’s economy to grow 4.4% in 2026, highlighting reforms, energy prices, and fiscal stability.
News

Turaki Denies PDP’s N10,000 Levy Claim, Says Funding Talk Was Misrepresented

KEY POINTS PDP leadership rejects claims of a N10,000 contribution request Party says comments...
Business

Otedola Hosts Rabiu, Business Leaders at Private Dubai Dinner

KEY POINTS Femi Otedola hosted Abdul Samad Rabiu and friends at a private dinner...
News

Haske Group Expels Abba Atiku Over APC Defection

KEY POINTS Atiku Haske Organisation dismisses Abba Atiku following his move to the APC ...
News

FCTA Removes 607 Beggars and Mentally Challenged People From Abuja Streets

FCTA removed 607 beggars and mentally challenged people from Abuja streets and sent them back home for help and safety.
News

Petrol Imports Dominate Nigeria Despite Rise In Local Refinery Output

Nigeria relied on imported petrol for 62% of fuel in 2025, with local refineries supplying only 38 percent of demand.
News

Nigeria’s Power Debt Jumps To N6.5 Trillion As Unpaid Bills Threaten FG Bond Plan

Nigeria’s power sector debt climbs to N6.5 trillion as GenCos get partial payments, putting pressure on the government’s bond plan.
Sports

Regragui Calls Senegal Walk-Off Shameful After AFCON Final Penalty Chaos

Morocco coach Walid Regragui blasts Senegal’s walk-off after a late penalty drama marred the AFCON final showdown.
Business

Nigeria Cuts Petrol Imports as Local Refining Rises in December

KEY POINTS Petrol imports fell by 19 percent in December, while local refinery supply...
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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.