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Nigeria - Page 17

FAAC Disburses N2.001trn July Revenue To FG, States, LGAs

Finance & Economy·News·Nigeria·Top Stories

FG, States, LGs Share N1.894 Trillion Federation Allocation for February

The Federation Account Allocation Committee (FAAC) has disbursed a total of N1.894 trillion to the three tiers of government for February 2026, the Federal Ministry of Finance announced on Friday. Out of a gross revenue of N2.230 trillion collected during the month,

March 13, 2026

News·Nigeria·Politics·Top Stories

Nigeria Senate Defers Debate on Electoral Act Repeal Bill

Nigeria’s Senate has postponed consideration of a bill seeking to repeal and re-enact the Electoral Act, agreeing to study the proposed legislation in more detail before taking a decision. The move followed debate on the report of the Senate Committee on Electoral

January 28, 2026

CBN Further Raises Benchmark Interest Rate To 27.25%

Business·News·Nigeria·Top Stories

CBN Allows Use of Expired Drug Licences

Nigeria’s central bank has approved a temporary measure allowing importers to use expired drug regulatory licences to process import documentation, in a move aimed at preventing disruption to trade. The Central Bank of Nigeria (CBN) said licences issued by the National Agency

January 28, 2026

Emergency Rule In Rivers: Fubara Urges Residents To Remain Peaceful, Law-abiding

Nigeria·Politics·Top Stories

Fubara Denies Backing ADC Candidates Ahead of Bye-election

The governor of Rivers State, Siminalayi Fubara, has denied claims that he is supporting candidates from a rival party ahead of a forthcoming state assembly bye-election. Mr Fubara said reports suggesting he was backing the African Democratic Congress (ADC) were false, insisting

January 28, 2026

News·Nigeria·Top Stories

Nigeria to Move Cannabis Farmers Into Legal Crops

Nigeria’s anti-drugs agency has launched a pilot programme aimed at persuading cannabis farmers to abandon illegal cultivation and switch to legal, profitable crops The National Drug Law Enforcement Agency (NDLEA) unveiled the initiative on Tuesday in the south-western state of Ondo, describing

January 28, 2026

News·Nigeria·Power·Top Stories

Nigeria Grid Collapse Traced to Gombe Substation Fault

Nigeria’s electricity grid disruption on Tuesday was caused by a voltage disturbance at a transmission substation in the north-eastern state of Gombe, the country’s system operator has said. In a statement, the Nigerian Independent System Operator (NISO) said the incident did not

January 28, 2026

3 Governors Pledge To Integrate Computer-based Testing In Secondary Schools

News·Nigeria·Top Stories

Nigeria’s Honours System Rewards Power, Not Sacrifice – Chidoka

A former Nigerian aviation minister, Osita Chidoka, has said the country’s national honours system has lost its moral authority and now rewards political proximity rather than genuine sacrifice and service. Speaking in a televised interview on Tuesday, Mr Chidoka said the increasing

January 28, 2026

News·Nigeria

‘Invite Me to Lunch, Not Court’: Shehu Sani Jokes as Sowore’s Trial Resumes

A light-hearted exchange between former senator Shehu Sani and activist Omoyele Sowore has drawn attention online, even as Sowore returned to court in Abuja on Tuesday for the continuation of his trial. Sowore, a former presidential candidate and publisher of Sahara Reporters,

January 27, 2026

Business·News·Nigeria

Shell Pledges $20bn Investment in Nigeria

Chief Executive of Shell Plc, Mr Wael Sawan, has lauded President Bola Tinubu’s leadership, citing it as the driving force behind the company’s decision to invest an additional $20 billion in Nigeria. At a meeting with President Tinubu, Sawan praised the President’s

January 26, 2026

News·Nigeria·Top Stories

‘Probe Tinubu’s Award to Chagoury,’ PDP Chieftain Urges Reps

A senior opposition politician has called on Nigeria’s National Assembly to investigate the reported conferment of one of the country’s highest honours on businessman Gilbert Chagoury. In an open letter to the Speaker of the House of Representatives, Funso Doherty, a PDP

January 25, 2026

FEATURES·Insights·Nigeria

Inside Iyake Lake: Nigeria’s Rare Suspended ‘Bottomless’ Wonder

Nigeria is home to a natural wonder that is as mysterious as it is unique. The Iyake Lake, located in Ado-Awaye, Oyo State, is one of only two suspended lakes in the world, the other situated in Colorado, USA. Suspended lakes, also

January 25, 2026

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Oil Production: Nigeria Again Exceeds OPEC Quota In 2025

6 Things Nigerians Should Know About the Current Oil Market Trends

The global oil market is once again at the centre

Nigeria Cooking Gas Price Jumps 40% Amid Us, Iran Crisis

Cooking gas prices in Nigeria have jumped about 40 percent

Dangote Cement Records 20% Increase in 2025 Revenue

Dangote Cement Plc reported a 20.3 percent rise in revenue

Aston Martin to Cut 20% of Workforce Over Rising Losses

British luxury carmaker Aston Martin has announced plans to reduce

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Nigeria - Page 17

FG, States, LGs Share N1.894 Trillion Federation Allocation for February

Nigeria Senate Defers Debate on Electoral Act Repeal Bill

CBN Allows Use of Expired Drug Licences

Fubara Denies Backing ADC Candidates Ahead of Bye-election

Nigeria to Move Cannabis Farmers Into Legal Crops

Nigeria Grid Collapse Traced to Gombe Substation Fault

Nigeria’s Honours System Rewards Power, Not Sacrifice – Chidoka

‘Invite Me to Lunch, Not Court’: Shehu Sani Jokes as Sowore’s Trial Resumes

Shell Pledges $20bn Investment in Nigeria

‘Probe Tinubu’s Award to Chagoury,’ PDP Chieftain Urges Reps

Inside Iyake Lake: Nigeria’s Rare Suspended ‘Bottomless’ Wonder

Featured Stories

Sahara Group Challenges Young Africans To Turn Energy Challenges into Entrepreneurial Opportunities

‘Nigeria’s National Single Window: A Make-or-Break Moment for Trade Facilitation

21km Dusted: Today I Chased Miles, Not Speed

At 54, Approaching 55, I Have Begun to Rethink What Fitness Means

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Hamas Urges Iran Not to Target Neighbouring States as Analysts Point to Emerging Rift in ‘Axis of Resistance’

FG, States, LGs Share N1.894 Trillion Federation Allocation for February

Kosofe LG Chairman Denies Assault on Journalist, Blames Political Opponents

Tinubu Constitutes Taskforce to Revamp Petroleum Industry

6 Things Nigerians Should Know About the Current Oil Market Trends

Nigeria Cooking Gas Price Jumps 40% Amid Us, Iran Crisis

Dangote Cement Records 20% Increase in 2025 Revenue

Aston Martin to Cut 20% of Workforce Over Rising Losses

Hamas Urges Iran Not to Target Neighbouring States as Analysts Point to Emerging Rift in ‘Axis of Resistance’

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Nigeria - Page 17

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