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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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US seizes Nigerian-owned supertanker over alleged crude theft

US forces seized a Nigerian-owned supertanker over alleged crude theft as experts raise concerns about Nigeria’s maritime oversight.
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Owo Priest Recounts How Attackers Killed Over 40 Worshippers in Court Testimony

A priest recounted how gunmen and explosives tore through his Owo parish, leaving more than 40 worshippers dead and many injured.
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Sanusi Faults Political Elite for Turning Public Office Into Family Property

Sanusi accused Nigeria’s political class of turning public office into personal property and urged young citizens to push for national reform.
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Bayelsa Deputy Governor Collapses at Government House

Bayelsa’s deputy governor collapsed at Government House and was rushed to a hospital in Yenagoa, raising concern amid ongoing political shifts
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Dangote Plans Dollar Dividends for Nigerian Shareholders

Dangote outlines a dollar dividend plan as his refinery moves toward a major NGX listing backed by rising export revenue
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Rivers Governor Fubara Says He Suffered for Staying Silent in Political Crisis

Governor Fubara says he has suffered for staying silent amid Rivers political crisis, urging unity with state lawmakers.
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Senators Protest Selective Police Orderly Withdrawal as Tinubu Demands Full Enforcement

Senators claim uneven VIP police withdrawal; Tinubu insists full compliance to boost national security and protect all citizens.
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FG Plans N17.89 Trillion Borrowing to Fund 2026 Budget

Nigeria plans record N17.89tn borrowing in 2026 amid falling revenue; experts caution on rising debt and fiscal risks.
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Helios Sets $116 Million Deal for Frigoglass Nigeria

Helios moves to acquire Frigoglass’ Nigeria operations in a €100 million deal, marking a new phase in Tope Lawani’s expansion strategy
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Remi Tinubu Dismisses Criticism of Adeleke Exchange

Remi Tinubu rejects criticism of her exchange with Governor Adeleke at the Ooni’s event, calling the reaction an unnecessary public controversy
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Soyinka Raises Alarm Over Security Battalion Around Seyi Tinubu

Wole Soyinka questions the large security escort around Seyi Tinubu and urges the Presidency to rethink the use of state protection.
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Nigeria, Sahel States Clash Over Detained Military Aircraft and Soldiers

Nigeria and Sahel states issue conflicting accounts after Burkina Faso detained a C-130 aircraft and 11 soldiers over alleged airspace breach.
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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.