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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.

Alakija Donates $23 Million Teaching Hospital to Osun University

Nigeria’s richest woman donates a $23 million teaching hospital to Osun State University, expanding medical training, specialist care, and healthcare infrastructure capacity

Festive Season Pressure Sends Nigeria’s Inflation to Four-Month High

Nigeria’s November inflation climbed month-on-month as festive demand and insecurity lifted food prices, despite easing annual inflation trends.

Dangote Lowers Petrol Prices, Fuel Importers Face Billions in Losses

Dangote’s petrol price cut has triggered a price war, cutting pump prices but causing huge losses for importers and fuel marketers.

US Embassy Warns Nigerians of Permanent Bans Over Visa Fraud

The US Embassy in Abuja warns Nigerians that visa fraud, false claims or fake documents can result in permanent bans under US law.

Presco Expands Palm Oil Footprint in Nigeria

Presco acquires 10,000 hectares in Cross River State, expanding plantations and securing palm oil supply as Nigeria seeks to reduce edible oil imports

Abdul Samad Rabiu Shares $20.7m With Long-Serving BUA Employees

Abdul Samad Rabiu approves $20.7 million cash rewards for long-serving BUA Group employees at an awards event in Lagos.

Bandit Leader Bello Turji Accuses Ex-Governors of Fueling Insecurity in North

Bandit leader Bello Turji accuses former governors of fueling insecurity and denies receiving ₦30 million during Zamfara peace talks.

Atiku, Obi, Mark Warn Tinubu Against One-Party State Ahead of 2027 Election

Atiku, Obi and other opposition leaders warn Tinubu against selective justice and alleged pressure on rivals ahead of 2027 elections.

More Funds, More Pains As Nigeria’s Allocations Double While Poverty Deepens

Nigeria shared record FAAC revenue, yet rising prices, poverty growth, and limited grassroots impact left millions worse off nationwide today.

7 Human Behaviours That Boost Longevity and Happiness

Seven everyday behaviours that support longevity and happiness, plus practical tips to help you live longer and feel better.

Dangote Refinery Takes Second Ghana Crude Shipment

Dangote’s refinery shifts toward West African crude as repairs slow operations, pulling in Ghana’s Sankofa grade while Nigeria increases fuel imports

Dangote Refinery Cuts Petrol Price to N699 Per Litre

Dangote Refinery cut its petrol price to N699 per litre, prompting quick adjustments across private depots as the fuel market reacts

Latest articles

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.