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, FRACE Move To Strengthen Governance In Non-Interest Finance Sector
The Central Bank of Nigeria has pledged to strengthen Shariah governance, regulatory clarity, and risk management in the non-interest financial services sector to sustain public confidence and financial stability. The commitment was
Customs Returns Stolen Exotic Cars To Canada After Tincan Port Interception
The Nigeria Customs Service has handed over several stolen luxury vehicles traced to Canada in a move to strengthen international confidence in Nigeria’s anti-smuggling and cargo intelligence systems. The handover took place
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
