By Seun Ibiyemi Nigeria’s power sector suffered revenue leakages of about N1.36 trillion in 2025, as electricity distribution companies (DisCos) failed to bill consumers for power worth N694.8 billion and could not collect another N669.5 billion from electricity already billed, according to the Nigerian Electricity Regulatory Commission (NERC). The disclosure was contained in NERC’s 2025…
By Seun Ibiyemi Operatives of the National Drug Law Enforcement Agency (NDLEA) have intercepted consignments of captagon, popularly known as the “Jihadi drug”, and millions of opioid tablets worth more than N6.2 billion at the Murtala Muhammed International Airport (MMIA), Lagos. The agency also arrested a suspected cross-border drug kingpin and recovered cocaine, heroin and…
The African Democratic Congress (ADC) has challenged President Bola Ahmed Tinubu’s administration to account for the N15.8 trillion in additional resources it says accrued to the Federation following the removal of petrol subsidy and foreign exchange reforms. The opposition party said the government must explain what Nigerians have gained from the increased revenues before asking…
By Seun Ibiyemi Nigeria’s diaspora remittance inflows through International Money Transfer Operators (IMTOs) surged to a record $947 million in July 2026, bringing the country closer to the Central Bank of Nigeria’s $1 billion monthly target. CBN Governor Olayemi Cardoso disclosed this on Sunday in Abuja, describing the July inflow as the highest monthly remittance…
By Seun Ibiyemi President Bola Tinubu has urged the African Union (AU) to take urgent collective action against recurring xenophobic and Afrophobic attacks targeting Africans and other nationals in South Africa. Tinubu made the call through Vice President Kashim Shettima at the 21st Extraordinary Session of the Assembly of Heads of State and Government of…
By Seun Ibiyemi The Socio-Economic Rights and Accountability Project (SERAP) and the Nigerian Guild of Editors (NGE) have opposed the proposed Foreign Aids (Regulation, Transparency and Disclosure) Bill, 2026, warning that the legislation could undermine civic space, media freedom and democratic participation. In a joint open letter dated August 29, the organisations urged Senate President…
By Seun Ibiyemi The Federal Ministry of Marine and Blue Economy has recorded a significant increase in revenue generated by its agencies, rising to ₦1.83 trillion in 2025, according to the Minister of Marine and Blue Economy, Dr. Adegboyega Oyetola. Oyetola disclosed this while presenting the Ministry’s three-year scorecard, highlighting what he described as major…
By Olutayo Irantiola At the 80th United Nations General Assembly High-Level Political Declaration Meeting on Non-Communicable Diseases and Mental Health, Nigeria reaffirmed its global commitments to expand access to mental health services for millions of citizens and transition away from punitive suicide laws. This important step made the country join the global movement that treats…
By Seun Ibiyemi Nigeria’s petrol imports surged by about 234 per cent between May and July 2026, raising fresh concerns over the future of domestic refining and the government’s efforts to reduce the country’s dependence on imported petroleum products. The Centre for the Promotion of Private Enterprise (CPPE) said average Premium Motor Spirit (PMS) imports…
By Seun Ibiyemi The Minister of Interior, Olubunmi Tunji-Ojo, has dismissed former Vice President Atiku Abubakar’s plan to reopen Nigeria’s land borders if elected president in 2027, saying the country’s borders are already open. Tunji-Ojo, who supervises the Nigeria Immigration Service (NIS), said it was inaccurate to describe Nigeria’s land borders as closed, noting that…
