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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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19 Kidnapped as Gunmen Target Rivers Students and Imo Bus

Gunmen abduct Rivers university students and seize a passenger bus in Imo as lawmakers demand stronger federal action.
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US Lawmakers Challenge Nigeria’s Position on Attacks Against Christians

US lawmakers question Nigeria’s stance on Christian killings as a joint congressional probe examines violence, sanctions and pressure on Abuja.
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Why Senate Should Reject Omokri Nomination – Onoh

Onoh asks the Senate to reject Reno Omokri’s ambassadorial nomination, warning it could damage Nigeria’s credibility abroad
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Nigeria Loses $10 Billion Each Year to Post-Harvest Waste

Nigeria loses billions each year to post-harvest waste as weak storage, poor transport and limited processing continue to undermine food supply
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Navy Dismantles Five Illegal Refining Sites in Niger Delta

Navy operatives dismantle five illegal refining sites in Delta creeks and seize more than 13,000 litres of stolen crude.
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Kebbi Woman Held After Kidnapping Friend’s Son for N5m Ransom

Police arrest a Kebbi woman over the abduction of her friend’s son after tracing a ransom call and rescuing the child.
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Abductions: Northern Governors Push Mining Freeze, Approve N228bn Security Plan

Northern governors suspend mining, back state police and approve a N228bn fund as kidnappings escalate across several states.
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Lagos Targets 18 Months to Shut Olusosun Dumpsite

Lagos sets an 18-month target to begin shutting key dumpsites as officials push new landfills and a shift toward controlled waste-to-resource systems
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Dangote Expands Fertilizer Production Across Africa

Dangote announces a major fertilizer output expansion, tripling capacity in Nigeria while advancing a multi-billion-dollar plant in Ethiopia
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Delta Police Raid HK Torture House, Free Seven Boys and Arrest Two

Delta Police rescued seven boys from a torture apartment run as an HK training hub after one victim escaped to seek help.
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Receiver Moves Back Into Nestoil Tower as Ernest Azudialu-Obiejesi Battles $1 Billion Debt Claim

A receiver returns to Nestoil Tower after an appeal court ruling as Ernest Azudialu-Obiejesi faces a growing $1bn debt fight.
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Bandit Attacks Spread Across Kogi, Kano, Sokoto and Kwara

Bandits raid communities in four states, abduct worshippers, a bride and a monarch as two Defence Ministry officials remain missing.
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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.