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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

Nigeria’s Vice President Visits Maiduguri Bomb Blast Victims

KEY POINTS Vice President Alhaji Kashim Shettima visited victims of Monday’s triple suicide bomb...
News

Shettima Returns to Abuja After After AU Summit in Ethiopia

KEY POINTS Shettima represented Nigeria at the African Union summit in Ethiopia and has...
News

Shettima Lands in Ethiopia for AU Summit Talks on Africa’s Future

KEY POINTS Shettima is representing Nigeria at the AU summit in Ethiopia, where leaders...
News

Shettima Dismisses 2027 Election Challengers, Claims Tinubu’s Victory is “A Responsibility”

KEY POINTS Vice President Kashim Shettima asserted that challenging President Tinubu in 2027 would...
Politics

Shettima Says EFCC Recovered ₦500 Billion in Two Years

Shettima says EFCC recovered ₦500 billion in two years, credits anti-graft autonomy for renewed accountability and thousands of convictions.
Business

Tuggar to Represent Tinubu at US Summit Due to Shettima’s Faulty Jet

After a technical issue with the presidential jet, Minister Yusuf Tuggar will represent President Tinubu at the 2024 US-Africa Business Summit in Dallas.
Business

China Pledges to Fund and Finish Nigeria’s Major Rail Projects

Nigeria’s Vice President Kashim Shettima has secured China’s commitment to refinance and complete two...
News

VP Shettima: FG to Support Local Manufacturers with N75 Billion

Vice President Kashim Shettima stated that the federal government is committing N75 billion to...

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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.
News

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.