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Nigeria fails US fiscal transparency test for second year

Nigeria has failed the US fiscal transparency test for a second straight year, with the State Department citing a vague budget and weak audit oversight.

SEC orders operators to freeze ISIS-linked accounts

Nigeria's SEC has ordered capital market operators to freeze assets linked to one Nigerian and three companies the US sanctioned over alleged ISIS financing.

Southeast Nigeria Gripped by Violence as Amnesty Counts 1,800 Dead

Amnesty International reports over 1,800 deaths in southeast Nigeria, blaming both separatists and security forces for widespread violence.

Dickson, Amaechi Raise Alarm Over Election Fraud Ahead of 2027

Dickson and Amaechi warn election rigging is a coup against democracy, urging stronger reforms before Nigeria’s 2027 elections.

Cosmas Maduka Says Coscharis Could Make Him Worth $5 Billion if Listed

Cosmas Maduka says his Coscharis Group could make him worth $5 billion if listed, after 50 years of business growth.

PFN, Islamic Council Clash Over Claims of Christian Genocide in Nigeria

PFN and Islamic Council clash over claims of Christian genocide as Trump’s remarks spark fresh debate on Nigeria’s security crisis.

CANMPEF Warns Inflation, Taxes Threaten Industrial Growth

CANMPEF warns inflation, taxes, and forex issues threaten Nigeria’s industrial stability despite modest growth in 2024.

Fear and Bloodshed Grip Benue as Herders Launch New Attacks

Seventeen killed in a month as armed herders continue attacks in Benue State, forcing residents to flee their communities.

LAUTECH Shuts Iseyin Campus for Two Weeks After Student’s Death

LAUTECH closes its Iseyin campus for two weeks after a student was killed by a hit-and-run driver, sparking protests.

Femi Otedola’s Net Worth Rises to $1.6 Billion on Geregu Power, First HoldCo Gains

Femi Otedola’s wealth grows to $1.6 billion on strong Geregu Power and First HoldCo performance.

AEDC Lays Off 800 Workers as Power Supply Worsens

AEDC fires 800 workers after restructuring, raising concerns over worsening electricity supply and poor sector performance.

US Congress Moves to Sanction Miyetti Allah Over Religious Freedom Violations

US lawmakers plan sanctions on Miyetti Allah over alleged Christian persecution, as Nigeria opens talks to ease tension.

US Military Drafts Airstrike Plans for Nigeria After Trump’s Warning

The U.S. military prepared airstrike plans for Nigeria after Trump’s order to protect Christians from extremist violence.

Food Imports Surge 45% as Local Production Struggles to Keep Up

Nigeria’s food imports jumped 45% in H1 2025 as insecurity and weak agricultural output hurt local production capacity.

Latest articles

Nigeria fails US fiscal transparency test for second year

Nigeria has failed the US fiscal transparency test for a second straight year, with the State Department citing a vague budget and weak audit oversight.

SEC orders operators to freeze ISIS-linked accounts

Nigeria's SEC has ordered capital market operators to freeze assets linked to one Nigerian and three companies the US sanctioned over alleged ISIS financing.

Katsina United Deny Dead Player Regained Consciousness

KEY POINTS Ozor died after collapsing during a friendly. Club denies he regained consciousness. ...

Wike Closes FCT Housing Committee Office

KEY POINTS Wike closes the old housing secretariat. New division takes over house sales. ...