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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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Edo Governor Okpebholo Announces ₦75,000 Minimum Wage

KEY POINTS Edo State raises minimum wage to ₦75,000, exceeding rates in Lagos and...
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NLC Accuses Tinubu Of Betrayal Over Minimum Wage, Fuel Price

NLC President Joe Ajaero accuses President Tinubu of breaking his promise not to raise fuel prices during minimum wage negotiations.
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 NYSC Debunks Rumors of N70,000 Minimum Wage for Corps Members

The NYSC has denied rumors of a N70,000 minimum wage for corps members, advising them to ignore misinformation and rely on official updates.
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Tinubu Intervenes in Minimum Wage Talks, Secures N70,000 Agreement

President Tinubu secures a new minimum wage of N70,000 to address economic challenges faced by Nigerian workers.
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Nigerian Governors Convene in Abuja to Address Minimum Wage, LG Autonomy

Nigerian governors convene in Abuja to address the controversial minimum wage and local government autonomy, seeking collaborative solutions to pressing national issues.
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Senate Denies Plans to Seize State Funds in Wage Bill

The Senate denies plans to seize state and local funds in the proposed New Minimum Wage Bill, calling reports unfounded and misleading.
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Looming Strike Threatens to Deepen Economic Hardship

Nigerian rights group CERON warns the government of a looming labor strike that could worsen the nation's economic hardship. The group urges renewed negotiations between the government and labor unions to reach a compromise on a new minimum wage. With Nigerians already struggling, a strike would further erode purchasing power and potentially lead to social unrest.
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Labour Expresses Doubts Over May Implementation of New Minimum Wage

Labour unions have voiced skepticism regarding the timely implementation of the new minimum wage...
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Niger Police, DSS Meet Ahead of Planned Protest

Niger State Police Command and the Department of State Services (DSS) have held separate...
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NLC Threatens to Demand N1 Million Minimum Wage Amid Inflation Crisis

The Nigeria Labour Congress (NLC) has warned that it may push for a new...

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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.
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“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.