Nigeria to spend half of revenue on debt servicing in 2026, says IMF
The International Monetary Fund (IMF) has assessed Nigeria’s economic situation and submitted that the country would channel more than half…
Oil prices tumble further as US,Iran sign peace pact
The United States and Iran have signed a deal to end the Middle East war, with a ceremony set for…
Nigeria’s current account surplus rises 46% to $4.98billion
The Central Bank of Nigeria, CBN, yesterday said the nation’s current account surplus grew year-on-year (YoY) by 46 percent to…
FG, States, LGs share N2.3trillion FAAC revenue
The Federation Account Allocation Committee shared N2.3tn among the Federal Government, states and local government councils from May 2026 revenue,…
Ogun police foil cult initiation, arrest 30 suspects
Operatives of the Ogun State Police Command have foiled a suspected cult initiation in Isara-Remo, arresting 30 suspects during a…
Tinubu’s administration more focused on 2027 election than Nigerians’ welfare – National Assembly Minority Caucus
The minority caucus of the House of Representatives on Wednesday delivered a scathing assessment of the state of the nation,…
Enugu’s Water Challenges Are Not Insurmountable as Projected
Kelechi Deca Recently, I had a discussion with some friends on the seemingly intractable water scarcity in Enugu which the…
Solar Boom’s Seasonal Risks Naturally Slow Down Clean Energy Output
The rapid shift to solar energy is gathering unprecedented momentum, reshaping how homes, businesses and public institutions power their operations,…
UAE Backs Long-Term Nigeria Investments, Trade Growth
The United Arab Emirates has said that its long-term economic commitments to Nigeria remain intact, citing growing trade volumes, increased…
Africa’s Gas Race Intensifies as Tanzania Pitches 57.5TCF Reserves to Investors
Competition for upstream oil and gas investment in Africa is set to deepen as Tanzania positions its vast natural gas…