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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Court Issues Arrest Warrant For Saleh Mamman After He Skips N31bn Fraud Trial
A Federal Capital Territory High Court in Maitama, Abuja, has revoked the bail of former Power Minister Saleh Mamman and issued a bench warrant for his arrest after he failed to appear
Launch Design, Hybrid Motors Ink Deal For EV Plants In Lagos, Abuja
Chinese engineering firm Launch Design Shanghai and Nigeria’s Hybrid Motors have signed a deal to set up electric vehicle manufacturing and assembly plants in Lagos and Abuja, in a push to boost
Gas Pipeline Fire Erupts On Agege Motor Road
A gas pipeline fire broke out along Agege Motor Road at Ile Zik inward Agege in the early hours of Monday, prompting a full-scale emergency response from the Lagos State Emergency Management
12 Chibok Girls Graduate From AUN
Twelve formerly abducted Chibok schoolgirls were among thousands of students who graduated at the 17th convocation ceremony of the American University of Nigeria (AUN) in Yola. The girls, adopted by AUN after
APC Screens Out Fubara Allies, Clears Wike Loyalists For Rivers Assembly Race
The All Progressives Congress has disqualified aspirants linked to Governor Siminalayi Fubara while clearing candidates aligned with FCT Minister Nyesom Wike in its screening for the Rivers State House of Assembly elections.
NPA Records 32.38m Tons Cargo In Q1 As Vehicle Traffic Jumps 67%
Nigeria’s ports handled 32.38 million metric tons of cargo in Q1 2026, up 11.6% year-on-year, as larger vessels and stronger export activity drove growth, the Nigerian Ports Authority (NPA) said. Gross Registered
11 Plc Posts Robust Results, Approves N9.50 Dividend Despite Headwinds
11 Plc, formerly Mobil Oil Nigeria Plc, reported strong revenue and operational efficiency for the 2025 financial year, even as premium motor spirit price volatility and inventory revaluation weighed on profitability. Chairman
CBN Urges States To Back Inflation Targeting With Fiscal Discipline
The Central Bank of Nigeria (CBN) has said state governments must align fiscal policy with its planned shift to an inflation-targeting framework, warning that uncoordinated spending and borrowing at the sub-national level
Aviation Fuel Crisis Puts Safety, Jobs At Risk-NAAPE
The National Association of Aircraft Pilots and Engineers (NAAPE) has warned that persistent Jet A1 fuel shortages are threatening flight safety, airline viability, and jobs across Nigeria’s aviation sector. In a statement
Fairaction Nigeria Inaugurates Advisory Board To Upscale Fight Against Water Poverty
Fairaction Nigeria has inaugurated its first Advisory Board to boost governance and expand efforts to tackle water poverty and inequality across Nigeria. The inaugural meeting held on Thursday, May 7, 2026, at
