Business

Nigeria’s total public debt stock rose to 152.40 trillion naira as of June 30, 2025, reflecting an increase of 3.01 trillion naira in just three months, new data released by the Debt Management Office (DMO) on Saturday revealed. The figure represents a 2.01% increase from the $149.39 trillion recorded at the end of March 2025, underscoring the federal government’s continued …

Nigeria congratulates Equatorial Guinea on its independence anniversary The Honorable Minister of Foreign Affairs of Nigeria, Ambassador Yusuf Maitama Tuggar, extended warm congratulations and best wishes to His Excellency Simeón Oyono Esono Angue, Minister of Foreign Affairs, International Cooperation and Diaspora of the Republic of Equatorial Guinea, on the occasion of the Independence Anniversary of Equatorial Guinea. As the Republic …

Muslim girls in 25 public and private secondary schools in Abeokuta South and North Local Government Areas have been urged to pursue excellence and leadership with strong moral discipline and faith-based values. The appeal was made during a career guidance seminar held to commemorate the International Day of the Girl Child 2025 at Egba Central Mosque, Kobiti, Abeokuta. The event, …

The Nigeria Customs Service has called for a collective commitment from all stakeholders to ensure the successful implementation of the National Single Window (NSW) initiative to streamline Nigeria’s import and export processes through a unified digital platform. The Service Zonal Coordinator for Zone “A”, Assistant Comptroller General (ACG) Mohammed Babandede, made the appeal during the National One Stop Shop Stakeholder …

UK energy watchdog IIP rejects allegations of substandard fuel imports against Dangote refinery …Makes technically inaccurate statements The Impact Investigators Platform (IIP), a UK-based energy watchdog, has cleared the Dangote oil refinery of charges of importing substandard petrol into Nigeria. The IIP investigation found no evidence to support the claims, saying the refinery imported intermediate feedstock, not finished fuel, and …

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says Nigeria’s crude oil and condensate production fell to an average of 1.581 million barrels per day (bpd) in September 2025.The commission revealed this in a statement on Saturday, citing official statistics released by its head of media and strategic communications, Eniola Akinkuotu.The NUPRC attributed the decline to a three-day industrial action by …

OPEN LETTER TO PRESIDENT BOLA AHMED TINUBU Gcf. Greetings, Your Excellency Mr President. I hope this letter reaches you because you have not been seen in the radar of the profession I belong to, The film, arts and creative industry, aka Nollywood. The abandoned sector.Mr President, someone must tell you some hidden facts and truths about this nation, Nigeria. Everything …

By Barth Ikiebe The South-South Development Commission (SSDC) has outlined plans to bring electricity to all rural communities in the region. The CEO of SSDC, Usoro Akpabio, disclosed this in a meeting with the CEO of Rural Electrification Agency (REA), Eng. Abba Abubakar Aliyu in Abuja. Ms Akpabio said the initiative aims to empower people, bridge the energy gap and …

Nigerian troops neutralize 9 Boko Haram terrorists and recover 5 million ransom in Borno Magumeri (Main Reporters) Troops of the 109 Special Forces Battalion Magumeri, Operation HADIN KAI (OPHK) has successfully neutralized nine Boko Haram terrorists and recovered five million naira (#5 million) in ransom and weapons. This followed ongoing counter-terrorism operations in the north-east. OPHK troops successfully conducted a …

The stranded Super Eagles are expected to arrive in Nigeria in the early hours of Sunday.Super Eagles media manager Promise Eforge revealed on Saturday evening that the entire contingent was fine despite the experience.The valuejet plane carrying the team from South Africa to Nigeria made an emergency landing in Luanda following a crack in the plane’s windshield. “We are all …