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Obasanjo says 13% derivation is only a start for oil-producing states

Former president Olusegun Obasanjo says the 13% derivation is only a starting point for oil producing states, as Bayelsa governor Douye Diri calls it inadequate.
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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 Hotel Association warns members: House criminals and risk shutdown

Nigeria Hotel Association president Patrick Anyanwu has warned hoteliers that sheltering criminals or internet fraud suspects will attract sanctions, including possible shutdown.
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Gunmen Kill Motorist, Abduct Several Residents in Imo Community

Gunmen opened fire on vehicles in Amala, killing a motorist and abducting several people as police begin a search operation.
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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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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.
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Imo Government Bows to NJC Over Judge Appointment

Imo State agrees to reverse appointment and comply with NJC’s verdict on chief judge selection
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Gunmen Abduct Catholic Priest Ubaechu in Imo State

KEY POINTS Reverend Father John Ubaechu was kidnapped while traveling to a priests' retreat,...
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Imo State Paralyzed by Workers’ Strike Over Unpaid Salaries 

Workers in Imo State have launched an indefinite strike to protest the government’s failure...

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Business

Obasanjo says 13% derivation is only a start for oil-producing states

Former president Olusegun Obasanjo says the 13% derivation is only a starting point for oil producing states, as Bayelsa governor Douye Diri calls it inadequate.
News

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.