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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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Manufacturers Seek Refinancing Facility And Policy Support To Boost 2026 Output

Nigeria’s manufacturers push for low-cost refinancing, policy reforms, and targeted support to revive industrial output and competitiveness in 2026.
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Nigeria’s Mining Revenue Rises to N70bn As Reforms Begin To Pay Off

Nigeria’s mining sector recorded a sharp revenue rise in 2025 as reforms, enforcement, and new investments reshape the industry.
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Explaining Nigeria’s New Tax Laws And What Changes In 2026

Nigeria’s new tax laws take effect in 2026, reshaping income tax, business levies, bank transfers, and compliance nationwide.
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Tinubu Meets Rwanda’s Kagame in Paris

KEY POINTS President Bola Tinubu held a private lunch meeting with Rwandan President Paul...
News

Anthony Joshua Breaks Silence After Crash That Killed Two Close Friends

KEY POINTS Anthony Joshua paid tribute to Sina Ghami and Latif Ayodele after a...
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Bandits Strike Niger Communities Again, Over 30 Killed, Many Abducted

KEY POINTS Over 30 people were killed in fresh bandit attacks in Agwara and...
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Three Killed, Three Abducted as Bandits Strike Kaduna Community Again

Bandits killed three people and abducted three others in a late night attack on Bundu Kahugu community in Kaduna State.
Sports

Boxer Anthony Joshua Injured, 2 killed in Crash on Nigerian Highway

KEY POINTS Heavyweight boxer Anthony Joshua was injured in a car accident on the...
Business

Former Governor Abdulaziz Yari Named Chairman of Geregu Power Following Otedola’s Exit

KEY POINTS Billionaire Femi Otedola has resigned as chairman of Geregu Power Plc after...
News

Anthony Joshua Mourns Close Friends Killed in Lagos Ibadan Expressway Crash

Anthony Joshua lost two close friends and team members in a Lagos Ibadan Expressway crash that also left the boxer injured.
News

Nigeria Tax Laws Face Fresh Resistance as Lawmakers, Students and Court Step In

Nigeria’s new tax laws face growing resistance as lawmakers, students and the courts question their authenticity and planned rollout.
News

US Air Strikes Trigger Terrorist Movements as Nigerian Military Tightens Surveillance

Nigeria’s military is tracking fleeing terrorists after US air strikes, amid rising debate over security cooperation and foreign troop deployment.
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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.