Nigeria’s 2025 Oil Production: A Detailed Analysis of NUPRC Data Nigeria’s Crude Oil Production Averaged 1.64 mb/d in First 11 Months of 2025 According to official data from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), the nation’s combined crude oil and condensate production averaged 1.64 million barrels per day (mb/d) from January to November 2025. […]
PAC Foundation empowers 100 young women with digital skills
PAC Foundation Empowers 100 Young Women with Digital Skills for the Modern Economy PAC Foundation Concludes Successful Digital Skills Program for Young Women The PanAfrican Capital (PAC) Foundation has successfully concluded the third cohort of its Girls Can Code (GCC) initiative, a strategic partnership with ALX Nigeria. This flagship program is designed to equip young […]
Max Health files committal motion against ‘PCN’, H-Medix in multi-million naira case
Max Health Seeks Committal Against PCN, H-Medix in Abuja Pharmacy Dispute Max Health Escalates Legal Battle, Files Committal Motion Against PCN and H-Medix In a significant escalation of a multi-million naira lawsuit, Max Health has filed a motion for committal to prison against H-Medix and the Chairmen of the Pharmacy Council of Nigeria (PCN), FCT […]
Peter Obi questions Tinubu’s absence amid ‘national crises’
Peter Obi Questions Presidential Absence Amid National Crises Peter Obi Criticizes President Tinubu’s Extended Absence During National Crises Former Nigerian presidential candidate Peter Obi has publicly questioned President Bola Ahmed Tinubu’s prolonged periods abroad amidst mounting domestic challenges. In a detailed statement on social media platform X, Obi highlighted that the President spent 196 days […]
Nigerian stock market crosses N104 trillion value as market activity spikes
Nigerian Stock Market Surpasses N104 Trillion Amid Trading Surge Nigerian Equities Market Hits Record N104.5 Trillion Valuation The Nigerian Exchange concluded trading on Monday, January 12, 2026, on a robustly positive note, with the benchmark All-Share Index (ASI) advancing by 946.6 points to close at 163,244.7 points. This significant gain propelled the index firmly above […]
Conflict, rising costs to push 34.7 million Nigerians into food insecurity – PwC
PwC Forecast: 34.7 Million Nigerians Face Acute Food Insecurity by 2026 PwC Forecast: Conflict and Soaring Costs Threaten Food Security for 34.7 Million Nigerians A new economic outlook warns of a severe food security crisis looming for Nigeria. According to the “Nigeria Economic Outlook 2026” report by professional services firm PwC, titled “Turning Macroeconomic Stability […]
Nollywood: Top 10 movies with the highest views on Youtube 2025
Nollywood’s Digital Shift: Top YouTube Movies of 2025 Nollywood’s 2025 Landscape: YouTube Emerges as a Primary Distribution Platform The Nollywood distribution landscape is undergoing a significant transformation. As of 2025, it is clear that cinemas and subscription services are no longer the sole avenues for revenue or audience engagement. YouTube has emerged as a powerful […]
JOHESU strike: FG orders ‘No Work, No Pay’ in federal hospitals
Federal Government Enforces ‘No Work, No Pay’ Amid JOHESU Strike Federal Government Mandates ‘No Work, No Pay’ in Federal Hospitals as JOHESU Strike Continues The Federal Government has directed the immediate enforcement of a “No Work, No Pay” policy against striking members of the Joint Health Sector Unions and Assembly of Health Care Professionals (JOHESU) […]
Tinubu, Shettima to spend N11 billion in 2026 Appropriation Bill
Analysis: N11.03 Billion Allocated for State House Operations in 2026 Nigerian Budget N11 Billion Budgeted for Presidential, Vice-Presidential Operations in 2026 Appropriation Bill An analysis of the 2026 Appropriation Bill presented to the National Assembly reveals that a combined sum of N11.03 billion has been allocated for the operational costs of the offices of President […]
Malami, wife, son granted N1.5bn bail in N8.7bn laundering charges
Federal High Court Grants N1.5bn Bail to Former AGF Malami in N8.7bn Laundering Case Court Grants N1.5 Billion Bail to Former AGF Malami, Family in High-Profile Money Laundering Trial The Federal High Court in Abuja has granted bail set at N1.5 billion to former Attorney-General of the Federation, Abubakar Malami, SAN, his wife, and his […]
Kian Smith list over N21 Billion worth of Gold Bars On LCFE
Kian Smith Lists N21 Billion in Gold Bars on Lagos Commodities Exchange Major Gold Listing: Kian Smith to Trade N21 Billion in LBMA Gold on LCFE In a significant development for Nigeria’s capital market, Kian Smith Company FZE is set to list and trade over 21 billion Naira worth of 1kg LBMA-certified gold bars on […]
Cardinal Stone projects stronger Naira at N1,350–N1,450/$ in 2026
Cardinal Stone Forecast: Naira to Strengthen to N1,350-N1,450/$ in 2026 Economic Outlook: Naira Projected to Appreciate to N1,350-N1,450/$ in 2026 In a comprehensive 2026 economic outlook report titled “Indicators Align for Sustained Macro Gains,” leading investment firm CardinalStone Partners projects a significant appreciation of the Nigerian Naira. The report, published on January 6, 2026, forecasts […]
Otedola calls for N1 trillion bank capital base as FirstBank completes N500 billion raise
Otedola Advocates for N1 Trillion Bank Capital as FirstBank Meets CBN Target Business Leader Calls for Elevated Banking Standards Amid Sector Recapitalization Nigerian billionaire investor and businessman Femi Otedola has publicly advocated for a significant increase in the capital base required for international banking operations in Nigeria. Drawing from over three decades of experience navigating […]
Starlink to lower 4,400 satellites in 2026 to boost space safety
Starlink Announces Major Satellite Reconfiguration to Enhance Orbital Safety Starlink Announces Major Satellite Reconfiguration to Enhance Orbital Safety In a significant move for space traffic management, SpaceX’s Starlink division has unveiled a plan to reconfigure a major portion of its satellite constellation. The initiative, announced by Vice President of Starlink Engineering Michael Nicholls, will see […]
Banks’ non-performing loans ratio rises to 7% after CBN ends forbearance
Central Bank of Nigeria Reports NPL Ratio Rise to 7% Post-Forbearance Regulatory Shift: Nigerian Banks’ NPL Ratio Climbs to 7% as Pandemic Forbearance Ends The Nigerian banking sector recorded a significant increase in non-performing loans in 2025, following the Central Bank of Nigeria’s decision to conclude its regulatory forbearance measures. According to the latest CBN […]
Kano State approves N6.9 billion for infrastructure, welfare projects
Kano State Approves N6.9 Billion for Infrastructure and Welfare Projects Kano State Government Greenlights Major Infrastructure and Welfare Investment In a significant move to accelerate development, the Kano State Executive Council has sanctioned the allocation of over N6.9 billion for a comprehensive suite of infrastructure, social welfare, and governance enhancement projects. The approval, announced by […]
Private sector credit rises to N74.63tn after September rate cut
Private Sector Credit Rises to N74.63tn Following CBN Policy Shift Private Sector Credit Shows Early Rebound, Reaching N74.63 Trillion New data from the Central Bank of Nigeria (CBN) indicates a tentative recovery in lending, with private sector credit rising to N74.63 trillion in November 2025. This follows the Monetary Policy Committee’s (MPC) decision to cut […]
Coups in West Africa and sustainability of democracy
Coups in West Africa: Analyzing the Sustainability of Democratic Governance Coups in West Africa and the Sustainability of Democratic Governance The recent resurgence of military coups across West Africa has ignited a critical debate regarding the long-term sustainability of democratic institutions in the region. This trend challenges the foundational principles of constitutional governance and popular […]
Assessing the relevance of traditional rulers (4), by Eric Teniola
Assessing the Relevance of Traditional Rulers in Modern Governance Assessing the Enduring Relevance of Traditional Rulers in Contemporary Nigeria The ongoing discourse regarding the role of traditional institutions within Nigeria’s modern democratic framework remains a critical examination of cultural continuity and administrative efficacy. As the nation navigates complex governance challenges, from debates over a ‘padded […]
Trump recalls US envoy to Nigeria
U.S. Diplomatic Shift: Recall of Envoy to Nigeria Under Trump Administration U.S. Diplomatic Shift: Recall of Envoy to Nigeria Under Trump Administration In a notable diplomatic move, the Trump administration recalled the United States ambassador to Nigeria. This action represents a significant adjustment in diplomatic posture, though the original source material did not specify the […]
Osun council bosses present 2026 budgets proposal to legislative arm for approval
Osun State Local Governments Present 2026 Budget Proposals to Legislative Arm Osun State Council Chairpersons Submit 2026 Fiscal Plans for Legislative Scrutiny In a key step of the democratic governance process, local government council chairpersons in Osun State have formally presented their 2026 budget proposals to their respective legislative arms for review and approval. This […]
PRP raises red flag over alleged alteration of tax laws after passage
Political Party Raises Concerns Over Post-Passage Tax Law Alterations PRP Voices Alarm on Alleged Amendments to Tax Legislation Following Parliamentary Approval The Peoples Redemption Party (PRP) has formally raised a significant concern regarding the alleged alteration of recently passed tax laws. The party’s statement highlights a procedural red flag, suggesting that the substantive content of […]
Who’s in Epstein files: famous faces, many blacked-out pages
Unsealed Epstein Documents: A Mix of Public Figures and Redacted Secrets Unsealed Epstein Documents: A Mix of Public Figures and Redacted Secrets The recent court-ordered release of documents related to the Jeffrey Epstein case has captivated public attention, revealing a complex tapestry of well-known names intertwined with extensive confidentiality. While the filings list numerous high-profile […]
Cultists kill FUO graduate in Bayelsa
Bayelsa Mourns: Cult Violence Claims Life of Federal University Otuoke Graduate Graduate Killed in Bayelsa Cult Clash, Community in Mourning The quiet of Bayelsa State was shattered by a tragic incident of cult-related violence, resulting in the death of a recent graduate from the Federal University Otuoke (FUO). The attack, which local sources attribute to […]
I’ll retire from politics after my tenure as gov – Otti
Governor Alex Otti Announces Political Retirement Plans Post-Tenure Abia State Governor Declares Intention to Exit Political Arena After Governorship In a significant statement regarding his political future, Abia State Governor, Dr. Alex Otti, has publicly declared his intention to retire from active politics upon the completion of his current term in office. The announcement provides […]