The Senate is expected to address the controversy surrounding the alleged Presidential Foreign Intervention Promotion Council (PFIPC) when plenary resumes on Tuesday, following growing concerns over a N1.3 billion allocation to the council in the 2026 Appropriation Act. The controversy has intensified after the presidency maintained that the council was never lawfully established, raising questions …
The federal government recorded a drop in its electricity subsidy payment in the first quarter of 2026 amid persistent blackouts. A report released by the Nigerian Electricity Regulatory Commission (NERC) shows that the federal government incurred a total electricity subsidy obligation of ₦358.32 billion in the first quarter (Q1) of 2026, down from ₦418.79 billion …
Former President Goodluck Jonathan has dismissed as false a viral report alleging that he was offered N500 billion to contest the 2027 presidential election against Peter Obi in order to split votes in the South-South. The claim, which circulated widely on social media, was described by Jonathan's media team as a fabricated story designed to …
The Nigerian Shippers' Council (NSC) has disclosed that it protected more than N90.60 billion and $1.348 million in economic value for Nigerian shippers and the national economy through regulatory oversight, dispute resolution and reforms aimed at reducing the cost of doing business at the nation's ports. The Executive Secretary and Chief Executive Officer of the …
Fresh concerns have emerged over the transparency and accountability of Nigeria's public finance management following revelations by the International Monetary Fund (IMF) that public expenditure equivalent to two per cent of the country's Gross Domestic Product (GDP) was omitted from recent national budgets. The disclosure has reignited debate over fiscal discipline, with Director of the …
Official statement dismisses claims that only Europe-based stars have a realistic chance The organisers of the Ballon d'Or have reaffirmed that footballers can win the prestigious individual award regardless of the league or country in which they play, dismissing the long-held belief that only players based in Europe stand a realistic chance. The clarification …
Nigeria to face Australia next as preparations continue for WAFU B U-17 Championship Nigeria's Golden Eaglets began their campaign at the four-nation invitational tournament in China with a narrow 3-2 defeat to Tanzania on Sunday. The Nigerian side endured a difficult first half as Tanzania raced into a two-goal lead through strikes from Issa …
The Nigeria Customs Service (NCS) and the African Export-Import Bank (Afreximbank) have strengthened their strategic partnership to accelerate intra-African trade, with both institutions committing to expand trade facilitation initiatives, modernise customs administration and fast-track the implementation of the African Continental Free Trade Area (AfCFTA). The renewed commitment was reaffirmed during a working visit by the …
The Confederation of African Football (CAF) has officially opened the bidding process for the 2028, 2032 and 2036 editions of the Africa Cup of Nations (AFCON), giving Nigeria and 53 other member associations the opportunity to compete for the right to host the continent's premier football competition. The announcement signals the start of what is …
The Centre for the Promotion of Private Enterprise (CPPE) says Nigeria recorded significant improvements in macroeconomic stability in the first half of 2026. The Centre, however, warned that the second half of the year would test the government's ability to convert those gains into stronger business competitiveness, job creation and higher living standards. CPPE's position …
