Nigeria’s Debt Profile Hits N32.92trn
The National Bureau of Statistics (NBS),says public debt portfolio as at Dec. 31, 2020, stood at N32.92 trillion, the National Bureau of Statistics (NBS) reveals. The current debt profile was for the
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CBN Unveils New Payments Roadmap, Updates FX Guidelines
The Central Bank of Nigeria will unveil two key policy documents on Friday, May 15, 2026, aimed at strengthening the country’s financial system and foreign exchange operations. The apex bank said it
Execution Discipline Will Define Tegbe’s Agenda For Nigeria’s Power Sector
By Adeola Labzy When the Minister-Designate for Power, Joseph Olasunkanmi Tegbe, told the Nigerian Senate that there was “no quick fix” to Nigeria’s electricity crisis, the statement stood out for departing from
Gunmen Abduct Three, Shoot Woman In Ijebu Ode Estate Attack
Suspected kidnappers abducted three people and shot a woman during an attack on Ipojo Golden Estate in Oke-Eri, Ijebu Ode, on Monday evening. Residents confirmed that over 15 armed men stormed the
Ogun Customs Seizes ₦6.8bn Smuggled Goods, 10,126 Parcels Of Cannabis
The Ogun I Area Command of the Nigeria Customs Service has intercepted contraband worth ₦6.78bn in 73 seizures over 41 days, including over 10,000 parcels of cannabis sativa. Acting Customs Area Controller
FCCPC Backs Lagos Plan To Stop Estimated Billing With Smart Meter Rollout
The Federal Competition and Consumer Protection Commission has backed the Lagos State Electricity Regulatory Commission’s push to stop estimated billing in the Lagos electricity market. FCCPC said on Tuesday it welcomed LASERC’s
AltBank Backs Indigenous Pharmaceutical Production To Tackle Nigeria’s Medicine Security Gap
The Alternative Bank is rolling out financing to support local pharmaceutical production, distribution, and supply chains as part of efforts to reduce Nigeria’s dependence on imported drugs. Africa carries about 25% of
Kola Adesina To Headline 2026 Oriental News Confab On Carbon Capture, Decarbonisation
Sahara Group Managing Director Kola Adesina will headline the 2026 Oriental News National Conference, set for July 23 at the Radisson Blu Hotel, Ikeja GRA, Lagos. The summit, organised by Oriental News
NSCDC Busts Human Trafficking, Fraud Network In Badagry, Rescues 17 Foreign Nationals
The Nigeria Security and Civil Defence Corps, Lagos State Command, has dismantled an illegal camp in Badagry linked to transnational fraud, human trafficking, and internet-based crime. The operation led to the arrest
Oyo/Osun Customs Collects ₦27.2bn In Q1
The Oyo/Osun Area Command of the Nigeria Customs Service recorded a 95% increase in revenue in Q1 2026, collecting ₦27.2bn compared to ₦13.97bn in Q1 2025. Acting Customs Area Controller DC Wale
Lagos NMA Sacks Chairman Over Alleged Rule Violations, Appoints Successor
The Nigerian Medical Association, Lagos State Branch, has sacked its chairman, Dr. B.K.S Saheed, over alleged violations of the association’s rules. The decision was taken at an Emergency General Meeting on April
