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WorldStage will present Nigeria’s 2026 macroeconomic outlook on Thursday The Chairman/CEO of World Stage Limited (WorldStage), Segun Adeleye, has proposed that the Federal Government of Nigeria issue an executive order to compel corporate organizations in the country to dedicate 80% of their advertising budget to local media. Adeleye stated this in his speech during the recent WorldStage Nigeria Macro-economic Outlook …

…29 states rely heavily on federal transfers …Loans increase despite FAAC’s record inflows Daud Olatunji Nigeria’s 36 states and the Federal Capital Territory (FCT) have increased lending, pushing their overall domestic debt to ₦4 trillion as of September 2025, even as federal allocations to subnational governments continue to rise sharply Data from the Bureau of National Statistics (NBS) shows that …

The internal stability of the African Democratic Congress (ADC) is facing a severe test as the Cross River State chapter formally rejected the newly formed interim national interim committee. !Describing the move as a direct attack on the party’s 2018 constitution, the state chapter warned that the current leadership vacuum could systematically eliminate the party’s chances in the 2027 general …

Department of State Services (DSS) operatives on Wednesday detained former Kaduna governor, Nasir El-Rufai shortly after a hearing at the Federal High Court in Kaduna. El-Rufai, who was facing corruption charges – brought by the Independent Corrupt Practices and Other Related Offenses Commission (ICPC) – when DSS agents entered, escorted him into a waiting vehicle and reportedly headed for Abuja. …

Noble Energy EG Ltd. (a Chevron company) said Chevron has made the final investment decision (FID) on the Aseng gas monetization project in Equatorial Guinea. The FID follows the execution of the relevant agreements and is awaiting final regulatory approvals. Speaking on the FID, President and CEO of Chevron Nigeria and Central Africa Region, Jim Swartz, noted that the agreements …

Nigeria’s persistent struggle to achieve extraordinary economic growth is not the result of “brain drain” towards foreign countries, but rather “brain diversion” within its own country. This is in line with the opinion of former Kaduna State Governor, Nasir El-Rufai, who argued that the best and brightest in the country were systematically incentivized to chase “rents” rather than build industry. …

Paul Okoye, one half of the defunct band, P Square, has opened up about his search for true love following the end of his first marriage to his first wife, Anita. In a candid interview with Clout Africa broadcast on Wednesday, Paul, known to his fans as Rudeboy, said that after experiencing heartbreak, he tried dating several other women, but …

CBN HQTR The Central Bank of Nigeria on Wednesday announced the successful conclusion of its 24-month banking sector recapitalization programme, confirming that Nigerian investors have provided 72.55% of the ₦4.65 trillion raised since the exercise launched in March 2024, a majority commitment that preceded and anchored participation from international markets. The programme, the most significant capital increase in Nigerian banking …

Former Vice President of the House of Representatives, Hon. Ahmed Idris Wase, condemned the recent violence in Plateau State, as well as expressed deep sadness over the recent incidents. Wase described the latest violence as “not only an affront to our common humanity, but also a direct threat to the peace and harmonious coexistence being rebuilt and strengthened in Plateau …

The Nigerian Navy on Wednesday handed over three suspected Ghanaian stowaways rescued from the merchant ship, MT ANATOLIA, to the Nigerian Immigration Service (NIS). Commander of the Nigerian Naval Ship (NNS) BEECROFT, Commodore Aiwuyor Adams-Aliu, told a forum in Lagos that the handover was part of ongoing collaborative efforts between security agencies to curb illegal migration and enhance maritime safety …