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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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Tinubu Declares “No Mercy,” Officially Designates Bandits as Terrorists

KEY POINTS President Bola Tinubu has declared a major policy shift, officially designating bandits...
News

Opposition Blasts Tinubu’s 2026 Budget as a Blueprint for Continued Hardship

KEY POINTS Nigeria's main opposition party, the PDP, has rejected President Tinubu's 2026 budget...
News

Shettima Dismisses 2027 Election Challengers, Claims Tinubu’s Victory is “A Responsibility”

KEY POINTS Vice President Kashim Shettima asserted that challenging President Tinubu in 2027 would...
News

Ogbo-Ogwu Market Hands Over N265m Worth of Fake, Expired Drugs to NAFDAC

Ogbo-Ogwu Market in Onitsha transfers N265m worth of fake and expired drugs to NAFDAC for disposal.
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FCCPC Unseals Ikeja Electric Headquarters After Consumer Rights Undertaking

FCCPC lifts seal on Ikeja Electric headquarters after the company commits to addressing consumer complaints and regulatory violations.
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Femi Otedola Lifts Stake in First HoldCo With $10 Million Share Purchase

Femi Otedola boosts his stake in First HoldCo with a $10 million share purchase as earnings and assets grow.
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IPMAN Pushes Refinery Ownership, Backs Dangote Fuel

IPMAN signals plans for refinery ownership and orders members to prioritize Dangote fuel as Nigeria pushes to cut imports and deepen domestic refining
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Fidson Plans $14.4 Million Raise for Expansion.

Fidson Healthcare plans a N21 billion rights issue to fund manufacturing growth and expand its pharmaceutical footprint across African markets
News

APC Claims Plateau Governor Mutfwang Defects from PDP at Abuja Caucus Meeting

KEY POINTS APC has announced the defection of Plateau State Governor Caleb Mutfwang from...
Business

Tinubu Heads to Parliament with 2026 Budget

KEY POINTS President Tinubu is set to present the 2026 budget at a joint...
News

Lagos Announces Temporary Traffic Diversion Ahead of Autofest 2025 Street Race

KEY POINTS Lagos State will divert traffic on parts of Lagos Island on December...
News

Nigeria’s Senate Confirms 64 Ambassadorial Nominees

KEY POINTS The Senate has confirmed 64 career and non-career ambassadorial nominees submitted by...
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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.