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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.

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.

Makarfi Quits PDP Board Post Over Zoning Concerns

Ahmed Makarfi steps down from the PDP BoT, insisting the party uphold its zoning balance after Turaki’s emergence as chairman.

PDP Presses Ahead With Ibadan Convention Despite Court Disputes

KEY POINTS The PDP says its national convention in Ibadan will proceed despite objections...

Court Ruling Triggers New War in PDP Over 2027 Election Plans

PDP factions clash after court halts convention, deepening divisions as rival groups suspend leaders ahead of 2027 elections.

Adeleke Confident Of Re-election In 2026 Osun Governorship Race

Governor Ademola Adeleke says he’s confident of winning re-election in 2026, citing performance and widespread support in Osun State.

PDP Stops Screening of Aspirants Ahead of 2025 Convention

PDP halts 2025 convention screening as Lamido protests and lawmakers threaten defection over alleged APC infiltration.

PDP Faces Internal War Ahead of National Convention

Internal divisions and mistrust deepen in PDP as the party prepares for its November convention amid growing leadership tension.

PDP Drops Legal Adviser Over Convention Dispute

PDP removes Kamaldeen Ajibade over alleged compromise as internal power struggles threaten the upcoming Ibadan convention.

Mbah’s Move to APC Can’t Weaken PDP, Says Ologunagba

PDP spokesman Debo Ologunagba says the party remains strong despite Governor Peter Mbah’s defection to the APC ahead of the 2027 elections.

PDP Micro-Zoning Dispute Deepens Ahead of 2027

Key points PDP micro-zoning crisis 2027 divides party leaders. ADC gains strength after INEC...

Four PDP Senators Join APC, Boosting Ruling Party’s Senate Control

KEY POINTS Four PDP senators defect to the APC, boosting the ruling party’s Senate...

Former Nigerian VP Atiku Resigns from PDP

KEY POINTS Atiku Abubakar has resigned from the PDP, citing irreconcilable differences and a...

Court Sentences Ex-PDP Chair’s Son to 14 Years for Fraud

A Lagos court sentenced Mamman Ali and Christian Taylor to 14 years for N2.2 billion fuel subsidy fraud after a 13-year trial.

Latest articles

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.

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.

“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.

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.