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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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Makinde, Fayose Clash Over N50bn Bodija Relief Fund as 2027 Politics Heat Up

A dispute over Bodija explosion relief funds deepens political tensions between Governor Seyi Makinde and ex Ekiti governor Ayodele Fayose ahead of 2027.
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Benin City abduction: Obaseki’s Cousin Recounts Alleged Assault, Public Stripping

A cousin of former Edo governor Godwin Obaseki describes an alleged daylight abduction, assault and public humiliation in Benin City.
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Tinubu Approves Write Off of $1.42bn, N5.57tn NNPC Debt to Federation

President Tinubu approves the cancellation of over $1.4bn and N5.5tn in NNPC debts after reconciliation of long standing obligations.
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Tinubu leaves Lagos for Europe Ahead of Abu Dhabi Sustainability Summit

KEY POINTS • Tinubu departed Lagos for Europe on Sunday as part of his year...
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Gunmen Abduct Winners Chapel Pastor in Kogi Community

KEY POINTS • A Living Faith Church pastor was kidnapped while heading to his farm...
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US Missile Strikes Trigger Panic in Parts of Northern Nigeria

US airstrikes ordered by Donald Trump hit parts of Sokoto and Kwara, triggering panic as officials dispute casualties and question intelligence accuracy.
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How Street Grinding Machines Contaminate Everyday Food with Dangerous Metals

Laboratory tests show pepper ground at Lagos street mills contains dangerously high metal levels, raising concerns over daily food safety.
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INEC Sets February 21 for Rivers Bye Elections

KEY POINTS • INEC schedules Rivers State bye elections for February 21, 2026• Vacancies arose...
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Rivers Lawmakers Loyal to Wike Defect to APC in Major Shake Up

KEY POINTS • Two Rivers senators defect from PDP to APC during Senate plenary• Six...
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Economic Hardship Debate Deepens As Radda Says FG Controls 52% Of Federation Revenue

Governor Dikko Radda says the Federal Government controls most federation revenue and should share responsibility for Nigeria’s economic hardship.
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Nigeria Records 153 Measles Deaths In 11 Months, Over 19,000 Cases Confirmed

Nigeria has recorded 153 measles deaths in 11 months, with over 19,000 confirmed cases, mostly among unvaccinated children.
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Lagos Governor Sanwo-Olu Swears in Speaker Obasa’s Son as Agege Chairman

KEY POINTS • Sanwo Olu urged the new Agege chairman to govern inclusively and avoid...
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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.