The Federal Government has disagreed with the World Bank on the latter’s debt servicing/revenue ratio for the first half of 2026, put at 124 percent. The bank in its recent Nigeria Development Update (NDU) reported that federal government debt servicing was 124 percent above its revenue. However, the Federal Ministry of Finance, in a statement, […]
Lagos State Governor, Babajide Sanwo-Olu, has pledged the state government’s full support for the successful hosting of the 2026 Confederation of African Football Awards in Lagos on December 7,. Sanwo-Olu gave the assurance while receiving a CAF delegation led by the Project Lead for the CAF Awards and CAF General Assembly, Dr Christian Emeruwa, during […]
President Bola Tinubu has cautioned members of the political class in Ekiti State against constituting an unnecessary distraction to Governor Biodun Oyebanji through early declaration of interest in the 2030 governorship contest, saying such a declaration could cause internal contradictions capable of derailing governance. The President gave the admonition as Oyebanji promised to undertake more […]
The Presidency has refuted a claim by the Oyo State Governor and presidential candidate of the Allied People’s Movement in the 2027 general election, Seyi Makinde, in which the latter alleged that the Federal Government was withholding ₦250 billion per state dividend from Nigeria LNG. In a State House statement issued on Sunday, Bayo Onanuga, […]
The Federal Ministry of Finance has defended Nigeria’s debt position, saying federal revenue is growing faster than interest payments and arguing that claims that interest costs reached 124% of revenue in the first half of 2026 are misleading. In a statement issued in Abuja on Oct. 18, the ministry said the calculation, cited in public […]
Nigerians could begin to feel greater relief from economic hardship as ongoing reforms deliver improvements in inflation, foreign reserves, economic growth and investment, according to the Presidency. Special Adviser to the President on Economic Affairs, Tope Fasua, says inflation declined to 14.63 per cent in September. He adds that Nigeria secured more than six billion […]
The West African Examinations Council (WAEC) says computer-based testing is helping to curb examination malpractice, as more than 56,000 candidates sit the 2026 Second Series West African Senior School Certificate Examination (WASSCE) for Private Candidates across Nigeria. WAEC Head of National Office in Nigeria, Suleiman Danlami Kum, disclosed this during an inspection of the English […]
Pedro Neto’s double condemned Everton to a first defeat of the season as Chelsea won 2-0 at the Hill Dickinson Stadium despite the loss of goalkeeper Emi Martinez to a head injury. Neto opened the scoring inside the first minute of the second half and secured the three points during the 11 added minutes following […]
The National Security Adviser, Nuhu Ribadu, has said military operations alone cannot end banditry, calling for stronger intelligence-sharing, border security and community participation to tackle insecurity. Ribadu said banditry had evolved beyond cattle rustling, highway robbery and kidnapping to include territorial control, illegal taxation of rural communities and disruption of economic activities. He spoke through […]
The Owa-Ooye of Imesi-Ile in Osun State, Oba Enoch Ademola Akinyemi, has died at the age of 85. The monarch passed away after a 21-year reign. The monarch’s demise was announced in a statement on Friday by the Obaala of Imesi-Ile and Chairman of the Owa-Ooye-in-Council, High Chief Tunde Aluko, on behalf of the royal […]