Debt servicing outpaces capital spending by ₦3.9tn in Nigeria
Nigeria spent about ₦27.2 trillion on debt servicing between 2024 and 2025, exceeding capital expenditure by ₦3.9 trillion and highlighting mounting fiscal pressure on the federal budget.
Top Headlines
Iran to US, Israel: ‘Continue this game if you can tolerate over $200 per barrel oil’
Iran’s military has warned that global oil prices could skyrocket past $200 per barrel if the United States and Israel continue to target its energy infrastructure, as Brent crude surged to a four-year high of $119 following weekend strikes on Tehran’s oil depots.
Why Senate rejected El-Rufai as minister in 2023 by Femi Fani-Kayode
Femi Fani-Kayode says petitions from religious groups submitted to the Department of State Services led the Senate to reject Nasir El-Rufai’s 2023 ministerial nomination, dismissing claims of a political conspiracy.
‘Terrorists demand virgins, Indian hemp, cocaine as ransom’ – Afenifere bemoans onslaught in Yorubaland
Afenifere has raised alarm over worsening insecurity in south-west Nigeria, alleging that kidnappers now demand cash, drugs and even virgins as ransom while calling for urgent action and the creation of state police.
‘No more airstrikes unless we’re attacked’ -Iranian president apologises to neighbouring countries
Iranian President Masoud Pezeshkian has issued a formal apology to neighboring Gulf nations for retaliatory missile strikes targeting U.S. bases on their soil, while vowing to halt further attacks unless fresh aggression originates from those territories.
National Assembly ‘landlords’: Unveiling 18 longest-serving lawmakers
A group of veteran Nigerian lawmakers, often dubbed the “Landlords” of the National Assembly, have maintained their seats for over two decades, navigating seven consecutive terms despite high turnover rates in recent general elections.
I can’t remember when we raised voice at each other in 40 years of our marriage- First Lady speaks on marriage to Tinubu
Nigeria’s First Lady, Oluremi Tinubu, says her relationship with people who do not know God does not last long and highlighted her nearly 40-year interfaith marriage with President Bola Tinubu as an example of religious harmony.
LIST: Nigeria issues emergency hotlines for citizens in Middle East as Iran-Israel conflict worsens
Emergency Hotlines for Nigerians in distress abroad.Call immediately in emergencies. Save these numbers.#Iran #IranWar #IranIsraelWar @nt pic.twitter.com/cNfIhgKVkl — Nigerians in
Recapitalisation : 30 banks meet new CBN capital benchmarks
The Central Bank of Nigeria (CBN) has announced that 30 banks have successfully scaled the revised minimum capital requirements ahead of the March 31, 2026, deadline, signaling a significant milestone in the nation’s financial sector reforms.
Locals expose bandit transit routes between Nasarawa, Benue
Residents of border communities spanning Nasarawa and Benue states have alleged that armed groups are systematically utilizing established forest corridors and abandoned infrastructure to launch attacks, amid growing accusations of complicity by local traditional authorities.