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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.

7 Practical Ways Anyone Can Build Wealth from Scratch

Discover 7 actionable steps to build wealth from scratch with budgeting, saving, investing, and small habits that make a difference.

Mr Eazi’s Business Empire: 20 Ventures Powering His Rise Beyond Music

Mr Eazi has built a business network that stretches across music, tech, payments and real estate, shaping a cross-continental portfolio beyond entertainment

Nestoil Founder Faces Pressure As Appeal Stalls

A fight over who represents Nestoil and Neconde in court has delayed a major appeal and increased pressure on founder Ernest Azudialu-Obiejesi

Defence Minister, NSA Pledge to Defeat Terror and Restore Order

Defence Minister and NSA promise tougher action against terrorism, renewed coordination and faster results as security challenges persist across Nigeria.

Peter Obi Slams 2027 Campaign Luxury Vehicle Distribution as Misplaced Priority

Peter Obi condemns the distribution of luxury vehicles for 2027 campaigns, calling it wasteful and a breach of public trust.

NLC Threatens National Mourning and Nationwide Protests Over Rising Insecurity

The NLC prepares national mourning and protests as insecurity worsens, accusing authorities of failing to protect schools and communities.

Suspects Detail How Ogun FRSC Officer and Daughter Were Killed in Osun

Police say an FRSC officer and her daughter were lured from Ogun to Osun, where suspects carried out a ritual murder.

Marafa Backs Trump’s Threat Of Military Action Against Nigeria

Kabiru Marafa backs Donald Trump’s threat of military action in Nigeria, claiming the warning could force stronger action on insecurity.

US Issues Visa Ban On Nigerians Linked To Anti-Christian Violence

The United States announces new visa restrictions for Nigerians accused of involvement in anti-Christian violence and religious freedom abuses.

Auditor Faults NNPC Over £14 Million London Office Spending

Nigeria’s auditor flags £14.3 million in unverified spending at NNPC’s London office, intensifying scrutiny of the oil company’s financial controls

PDP Issues Expulsion Certificates to Wike, Fayose and Nine Others

PDP has issued expulsion certificates to 11 top figures, including Wike and Fayose, as the party tightens internal discipline.

Caverton Unveils Nigeria’s First Electric Ferry

Caverton launches Nigeria’s first electric ferry as it moves toward cleaner marine transport and strengthens its position in the country’s waterway transport sector

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.