JAMB Releases Mop-Up Results, Begins University Ranking
Nigeria’s tertiary admissions cycle has entered its final, crucial phase following a decisive administrative intervention….
JAMB Releases Mop-Up Results, Begins University Ranking
Nigeria’s tertiary admissions cycle has entered its final, crucial phase following a decisive administrative intervention. The Joint Admissions and Matriculation Board on Tuesday released the results of the 2026 mop-up Unified Tertiary Matriculation Examination. This final batch of scores clears the path for the board to begin ranking candidates and coordinating admissions for universities, polytechnics,…
NCC Overhauls 8-Year-Old Telecom Pricing Framework
Nigeria’s telecommunications regulator has ordered a comprehensive overhaul of the industry’s wholesale pricing architecture. The Nigerian Communications Commission on Tuesday began rewriting the rules that govern mobile interconnection fees. Unprecedented inflation, severe currency depreciation, and massive expenditures on 5G infrastructure have made the current economic framework completely obsolete. Furthermore, internet-based messaging services have fundamentally broken…
Tinubu Praises Troops for Killing Bandit Kingpin
President Bola Tinubu has congratulated the armed forces following a breakthrough in the domestic security campaign. Military operatives have killed a notorious bandit leader responsible for terrorising communities across north-central Nigeria. The successful strike team also secured the release of a high-profile kidnap victim during the same operational push. This dual breakthrough offers a rare…
Debt Service Gulps 50% of Nigeria’s Tax Revenue – IMF
Nigeria faces a crippling fiscal squeeze despite maintaining technically sustainable levels of public debt. The International Monetary Fund warns that the federal government will spend roughly 50 percent of its tax revenues solely on interest payments between 2025 and 2028. While Abuja is not at immediate risk of systemic sovereign default, this massive debt-servicing burden…
Cooking Gas Prices Could Drop Before Next Year – NALPGAM
Nigerian households may soon experience major relief from crushing energy bills. The Nigerian Association of Liquefied Petroleum Gas Marketers projects that retail cooking gas prices could crash to N900 per kilogram by the end of 2026. This optimistic forecast depends entirely on the federal government executing swift supply chain reforms. Consumers currently endure extreme financial…
IMF Says Naira Undervalued by 25 Percent
Nigeria’s sweeping foreign exchange reforms have yet to align the local currency with economic reality. The International Monetary Fund states that the naira trades roughly 25.6 percent below its fair value. According to the Washington-based lender, its Real Effective Exchange Rate model shows that the currency remains heavily undervalued despite recent gains. This persistent gap…
Oil Prices Slide Below $80/b on Peace Deal
Global energy markets face immediate downward pressure after a breakthrough agreement in the Middle East. Brent crude plunged below the critical threshold of 80 dollars a barrel on Tuesday. Investors rapidly unloaded contracts following news of a diplomatic breakthrough between the United States and Iran. This sudden sell-off reflects a sharp drop in the geopolitical…
Gunmen Attack NIPSS Kuru, Kill Three
Armed men have launched a deadly assault on the National Institute for Policy and Strategic Studies in Plateau State. The attackers stormed the elite facility in Kuru near Jos late on Monday night. Three security operatives lost their lives whilst defending the nation’s foremost policy centre. This bold raid on a highly guarded federal establishment…
Naira Sinks to N1400 per Dollar in the Parallel Market
Nigeria’s informal currency market has delivered another sobering reality check to monetary authorities. The naira depreciated to N1,400 per dollar in the parallel market on Monday. This drop from N1,390 over the weekend signals persistent liquidity pressures outside official banking channels. Retail buyers continue to flock to street dealers for quicker access to hard currency….
SDP’s Adebayo Tackles Senate Over Blocked Defence Audit
The presidential candidate of the Social Democratic Party, Adewole Adebayo, has criticised the Senate’s refusal to investigate military spending despite escalating insecurity, insisting that accountability in defence expenditure must not be traded away under the cover of protecting troop morale. Speaking with journalists in Abuja on Monday, Adebayo questioned the value Nigerians have received from…