Category: Nigeria news
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Fears Grip Benue Community After Killing of Political Leader by Suspected Herdsmen
Residents of Tombo Council Ward in Logo Local Government Area, Benue State, are gripped by fear following the killing of a former councilor, Mr. Atindiga Tsebee, in an ambush allegedly carried out by armed herdsmen. The attack occurred over the weekend along the Ayilamo–Anyiin road near Tsukwa Village, as Tsebee was returning from a security
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14 Candidates Sign Peace Accord Ahead of Oyo NUJ Election
Ahead of the Nigeria Union of Journalists (NUJ), Oyo State Council election, 14 candidates have signed a peace pact to ensure a free and fair electoral process. The ceremony took place on Sunday in Ibadan, the state capital. The signing was attended by ACP Coker Shado, representing the Commissioner of Police; former NUJ Chairman Alhaji
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Soludo Gains Momentum in Ekwusigo and Nnewi South, Receives N85 Million
Anambra State Governor and All Progressives Grand Alliance (APGA) governorship candidate, Professor Chukwuma Soludo, intensified his campaign in Ekwusigo and Nnewi South LGAs ahead of the November 8 election. At a rally in Ozubulu, Ekwusigo, Soludo urged residents to ensure their Permanent Voters Cards (PVCs) were ready, stressing that active participation in the electoral process
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Banks’ Deposits in CBN Surge 395% to N198 Trillion
Banks’ deposits with the Central Bank of Nigeria (CBN) through the Standing Deposit Facility (SDF) skyrocketed by 395.8% year-on-year (YoY) to N198.08 trillion in the first ten months of 2025 (10m’25), up from N39.95 trillion in the same period of 2024 (10m’24), highlighting excess liquidity in the banking system. Quarterly trends showed a sharp rise
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Gas Policy Under Threat as Flaring Worsens
• $4.9bn in gas investments yet to fully pay off• Past PSCs failed to incentivize non-associated gas development — NUPRC• Coordinated action needed to unlock Nigeria’s gas potential — NGA Nigeria’s ambition to fuel homes and industries with its abundant gas reserves faces mounting challenges as gas flaring rises amid worsening electricity supply. Data from
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Nigerian Budgets: Political Documents, Not Economic Plans
Since 1999, no federal or state budget in Nigeria has been fully implemented as originally presented by the President or Governor and approved by lawmakers. The reason is simple: budgets have become political instruments rather than genuine economic blueprints. They often resemble wish-lists by executives, rubber-stamped by legislatures, with little monitoring of actual execution. This
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Pound to Naira Exchange Rate
Key points: Context:
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Afreximbank, Ogun Partner on Fabric Processing Zone Financing
African Export-Import Bank (Afreximbank) will collaborate with the Ogun State government to finance a fabric processing zone, supporting the transformation of raw materials into finished goods. Speaking at his swearing-in ceremony, Afreximbank’s new President, George Elombi, emphasized that his administration will end the export of raw commodities and focus on domestic processing across Africa. He
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Abuja Lawyer Seeks CJN Intervention in Alleged Forgery Case, Ready for Polygraph Test
An Abuja-based lawyer, Victor Giwa, has appealed to the Chief Justice of Nigeria (CJN) and the Department of State Services (DSS) to investigate his claims that the office of the Chief Judge of the Federal Capital Territory (FCT) has been compromised in his ongoing trial over alleged forgery. Giwa, in an affidavit attached to a
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Tinubu’s US Trip Postponed, Will Attend G-20 Summit in South Africa, Potential Meeting With Trump
President Bola Tinubu’s planned visit to the United States to address diplomatic tensions with the Trump administration will no longer proceed as initially reported, SaharaReporters has learned. A presidency source confirmed that discussions with the White House are ongoing, but a face-to-face meeting with President Donald Trump is not yet scheduled. Instead, Tinubu is now
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