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Nigeria’s public debt has become the most contested number in the country’s fiscal conversation, and the Federal Government moved on Monday to reclaim the narrative, telling senators that the widely repeated figure of N80 trillion in fresh borrowing under President Bola Tinubu is exaggerated and rooted more in accounting than in new loans….
A former helmsman of one of Nigeria’s most troubled state owned refineries walked into a courtroom in Abuja on Monday to answer for how hundreds of thousands of dollars allegedly moved through his hands outside the banking system, in a case that once again places the country’s refining sector at the centre of an…
A Federal High Court in Abuja on Monday closed one of Nigeria’s most consequential terrorism trials by handing life sentences to two senior commanders of the Ansaru group, only for the Department of State Services to reject the punishment within hours and announce plans to seek a stiffer penalty at the Court of Appeal….
Yoruba nation activist Chief Sunday Adeyemo, better known as Sunday Igboho, says more than 80,000 volunteers have now registered for his Iru Ekun Security Network, a figure that overshoots the 50,000 target the outfit set for itself and places the region’s newest community security experiment squarely within the national conversation on insecurity. In a…
The death of Mary Habila, a young medical worker whose body was found in a room within the country home of the Minister of Works, Senator David Umahi, has hardened into an uneasy standoff, with the police and the minister pressing for a forensic autopsy that the deceased’s family has so far resisted,…
The Nigeria Democratic Congress moved its most closely watched internal arrangement from the realm of political rumour into documented commitment on Monday, when its vice presidential candidate, Senator Rabiu Kwankwaso, confirmed that presidential candidate Peter Obi has signed a written agreement to serve only one four year term and hand power back to the…
The Central Bank of Nigeria and the Office of the Head of the Civil Service of the Federation on Monday drew a firm line between themselves and the Presidential Foreign Investment Promotion Council, telling federal lawmakers that neither institution created, funded nor staffed the body now at the centre of one of the year’s…
Nigeria’s stock market opened the week on an assertive note, adding N1.755tn in a single session as heavyweight banking, cement and insurance counters lifted the benchmark to a fresh record and stretched a rally that has now defined the equities story for most of 2026. At the close of trading on Monday, the All…
Nigeria’s steel paradox is as stark as it is familiar. A nation sitting on large iron ore deposits, generating scrap metal in industrial quantities and riding a construction boom still imports almost all the steel it consumes, draining an estimated four billion dollars from the economy every year. A newly published private framework…
A chieftain of the African Democratic Congress (ADC), Chief Dele Momodu, has alleged that President Bola Tinubu is facing unprecedented opposition in Northern Nigeria ahead of the 2027 general election, claiming the region is no longer disposed to supporting the President’s re-election bid. Momodu made the remarks on Sunday during an interview on ARISE Television,…
