The Federal Government announced a ₦3.3 trillion settlement plan for a decade of power sector arrears on Sunday, with 15 generation companies already signed on and ₦223 billion disbursed. But the Association of Power Generation Companies insists the actual debt stands at over ₦6 trillion — raising fundamental questions about who verified the figures, and […]
Abuja — The (INEC) has announced that it will commence a nationwide voter revalidation exercise on April 13, 2026, as part of efforts to clean up the voter register and strengthen the integrity of Nigeria’s electoral system ahead of the 2027 general elections. The exercise is targeted at Nigerians who registered to vote between 2011
INEC to Begin Nationwide Voter Revalidation Exercise April 13 Read More »
Lagos — Workers at have embarked on an indefinite strike, introducing fresh uncertainty into Nigeria’s oil production outlook at a moment when global prices are rising and the country is under pressure to maximise output. The industrial action, which commenced on Friday, affects one of Nigeria’s most important independent producers, with operations concentrated in key
Seplat Workers Begin Indefinite Strike, Raising Risks to Nigeria’s Oil Output Read More »
Deck: Bola Tinubu diagnosed financialism’s war on the poor with surgical precision. Three years into his presidency, the patient is still bleeding — and the surgeon has changed sides. There is something uniquely unsettling about reading Financialism: Water from an Empty Well today, not as a policy text, but as a mirror held up to
Financialism Reversed: The State as Enforcer, Not Protector Read More »
N’Djamena/Tine — Escalating cross-border attacks and drone strikes have pushed tensions between and to a critical point, with growing fears of direct military confrontation. Crisis Timeline: Escalation in Motion The current crisis has unfolded through a series of increasingly severe incidents: The pattern reflects a shift from indirect spillover to direct targeting of Chadian territory.
Drone Strikes, Border Closure and the Brink of War: Chad–Sudan Crisis Deepens Read More »
Abuja — Nigeria’s National Assembly has approved a ₦68.3 trillion budget for 2026, the largest in the country’s history, following a late upward revision by President . The appropriation, initially presented at ₦58.47 trillion, was increased by ₦9.3 trillion through a presidential request endorsed by lawmakers without detailed scrutiny — a move that has drawn
₦68.3tn Budget Approved as Security Spending Falls, Oversight Questions Emerge Read More »
Lagos — The Dangote Petroleum Refinery has commenced the export of refined petroleum products, marking a significant milestone in Nigeria’s downstream oil sector. The development signals a shift in Nigeria’s long-standing position as a net importer of refined fuel, as the country begins to supply petroleum products to regional and international markets. Industry analysts say
Dangote Refinery Begins Export of Refined Products Read More »
Abuja — The Nigerian naira has started the second quarter of 2026 on a stable note, trading within a controlled range against the U.S. dollar as macroeconomic buffers strengthen. External reserves, according to the Central Bank of Nigeria (CBN), remain robust at about $49.40 billion, providing sufficient cover for foreign exchange interventions and market stability.The
Naira Holds Steady at Q2 Open on Strong Reserves, Tight Policy Read More »
Abuja — The Federal Capital Territory Police Command has debunked reports of a security threat in the Federal Capital Territory, describing the claims as false and misleading. Authorities said there is no verified intelligence suggesting any imminent danger in Abuja, urging residents to remain calm and go about their normal activities. The command warned against
Police Dismiss Security Threat Reports in Abuja Read More »
Abuja — The Inter-Party Advisory Council (IPAC) has faulted the Independent National Electoral Commission (INEC) over its handling of the crisis within the African Democratic Congress (ADC), warning that missteps could undermine Nigeria’s electoral stability. IPAC cautioned against what it described as premature decisions, stressing that improper handling of internal party disputes could weaken confidence
IPAC Warns INEC Over ADC Crisis, Flags Risks to 2027 Elections Read More »
