FG: Nigeria’s Debt Isn’t Growing Because of New Loans
The Federal Government has pushed back on claims that Tinubu’s administration has borrowed roughly ₦80 trillion since coming into office, arguing that most people are misreading what’s actually driving Nigeria’s debt numbers up. Finance Minister Wale Edun laid out the government’s case before the Senate Committee on Finance on Monday, telling lawmakers that the bulk […]
ECOWAS Approves $27bn Nigeria-Morocco Gas Pipeline
Leaders from West Africa in Africa have given the go-ahead for the development of the Nigeria-Morocco Gas Pipeline worth $27 billion, which will be one of the largest energy infrastructural undertakings on the continent. The agreement was made at the 69th Ordinary Session of the ECOWAS Authority of Heads of State and Government meeting in […]
Nigeria Eyes 3m Barrels Daily Oil Output by 2030
Oil and Gas Sector Reform Intensifies in Nigeria as Federal Government Aims to Increase Production to Three Million Barrels per Day by 2030. As reported by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), the current regulatory reform in Nigeria has already started to positively influence investments in the upstream sector and reverse the trend of […]
NCDMB, Regulators Adopt New Framework for Local Content Growth
There has been a positive shift in Nigeria’s oil and gas sector as regulators and operators adopt a new framework to drive local content development across key sectors of the economy. This is a bold step to build capacity expansion, industrialisation, manufacturing, sustainability, and global competitiveness. It marks a new phase that goes beyond indigenous […]
SERAP Accuses NASS of Plot to Regulate Social Media
The Socio-Economic Rights and Accountability Project (SERAP) has accused the National Assembly of plotting to regulate social media through the proposed Nigeria Data Protection (Amendment) Bill, 2026, warning that the legislation is a “backdoor” attempt to expand government control over online expression and threatening legal action if it is passed into law. In a letter […]
Badejo-Okusanya Defeats Two SANs To Clinch NBA Presidency
Oyinkansola Badejo-Okusanya, a Senior Advocate of Nigeria, has been elected as the President of the Nigerian Bar Association. She defeated two Senior Advocates to become the winner of the election. This election was held online. People from all over Nigeria and other countries could vote. Oyinkansola Badejo-Okusanya is the woman to lead the Nigerian Bar […]
Experts Warn Parents Against Bathing Children With Cold Water
Child health specialists are telling parents not to bathe babies and young children with water when it is raining. They say this can make children very sick with things like hypothermia. The doctors who take care of kids say that babies get cold easily because their bodies are not good at keeping warm. They think […]
Rising Global Fuel Costs Squeeze Nigerian Importers
Nigerian fuel importers are coming under fresh pressure as rising international petrol prices and higher shipping costs increase the cost of bringing fuel into the country, according to a new report by S&P Global Commodity Insights. The report said importers are also facing stiff competition from the Dangote Petroleum Refinery, whose pricing has continued to […]
Rivers Senator Slams NNPCL Over Crude Theft Probe
Senator Allwell Onyesoh has criticised the Nigerian National Petroleum Company Limited (NNPCL) for repeatedly failing to appear before the Senate Committee investigating crude oil theft, describing the action as a threat to legislative oversight and accountability. Speaking with journalists after a committee meeting, the Rivers East senator and Vice Chairman of the Senate Committee on […]
Nigeria Nets N41.7trn from Six-Month Crude Output – NUPRC
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has disclosed an income of approximately N41.74 trillion from crude oil and condensate production in the first six months of 2026. The commission accounted that the total crude oil and condensate production in Nigeria for the period under review was approximately 295.18 million barrels at an average of […]
CAC Targets 100,000 Companies For Deregistration, Gives 90-Day Deadline
The Corporate Affairs Commission (CAC) has started a nationwide exercise to enforce compliance. This exercise may lead to the deregistration of 100,000 companies from Nigeria’s corporate register. They have 90 days to regularise their filings. The Commission said this exercise is based on Sections 692(3) and (4) of the Companies and Allied Matters Act (CAMA) […]
Nigeria, US Deepen AI, Data Centre Partnership
The Federal Government of Nigeria has deepened its digital economy partnership with the United States, with both countries exploring collaboration on Artificial Intelligence (AI), data centre investments and other critical digital infrastructure to accelerate innovation, attract investment and drive economic growth. The Minister of Communications, Innovation and Digital Economy, Dr. Bosun Tijani, disclosed this following […]