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Nigeria will spend a staggering ₦15.81 trillion on public debt servicing in fiscal 2026, underscoring mounting fiscal pressures in the country’s record budget of ₦68.32 trillion. The spending plan, recently approved by the National Assembly and signed into law by President Bola Ahmed Tinubu, allocates a significant portion of total spending to debt obligations, raising new concerns about the sustainability …

Police operatives in Ogun have arrested two suspected cattle thieves and recovered a stolen cow, worth N1.7 million in Ifo/Ibogun area of ​​the state. The State Police Public Relations Officer Oluseyi Babaseyi confirmed the arrest in a statement on Thursday in Abeokuta. Babaseyi said a SWAT team attached to the state police command, arrested the two suspects following a distress …

It was an all-Sporting Supreme FC final in the Abuja Federation Cup as the club achieved a remarkable feat in the 2026 FCT FA President Federation Cup, producing both finalists in a historic showdown in the competition. Sporting Supreme’s U19 team faced the club’s Pro team in the final, ensuring that the trophy would remain in the Sporting Supreme family …

All Progressives Congress (APC) The National Working Committee (NWC) has extended the sale of party expression of interest and nomination forms to candidates until May 4. Sales of forms for candidates seeking elected office in the 2027 election under the party’s platform were initially scheduled to close on May 2. APC Deputy National Publicity Secretary, Mr Durosinmi Meseko, who announced …

THE Nigeria Revenue Service (NRS) has officially announced the Go-Live of Rev360, its next-generation tax administration platform, to mark a significant transition to Tax Administration 3.0. Premium Times had previously reported NRS’s plan to launch Rev360, a platform that introduces a more advanced, integrated and intelligent ecosystem to meet taxpayer demands, and will be operational from April 30. The launch …

The Federal Government has allocated the sum of N548.98 billion for the reconstruction of the Carter Bridge in Lagos. Minister of Public Works, Dave Umahi, disclosed this to State House correspondents at the end of the Federal Executive Council (FEC) meeting on Thursday in Abuja. He said the decision to demolish and rebuild the bridge followed investigations conducted at several …

Investors in the Nigerian equity market earned N3.2 trillion at the close of trading on Thursday. This follows a surge in the prices of shares such as FTN Kakao, Bua Semen, and Cap on the stock exchange floor. The benchmark All-Share Index (ASI) index increased to 242,277.81 points from 237,205.59 points the previous day. After five hours of trading on …

The Attorney General of the Federation and Minister of Justice, Prince Lateef Fagbemi, SAN, has supported a lawsuit that seeks to force the Independent National Electoral Commission (INEC) to deregister the African Democratic Congress (ADC) and four other political parties. In suits filed before the Federal High Court, Abuja, the AGF argued that the continued existence of the said political …

Russia will continue its presence in Mali based on requests from the country’s current authorities, Kremlin spokesman Dmitry Peskov confirmed on Thursday, April 30, 2026. Peskov said that Russia remains committed to fighting extremism, terrorism and other negative phenomena in Mali, stressing that the presence is in line with the needs expressed by the Malian government. “Russia’s presence in Mali …

President Bola Tinubu has appointed Mr Rilwan Babalola as Special Adviser on Electricity. Babalola will also lead the newly created Presidential Task Force for Reset and Restoration of the Power Sector. This was stated by the President’s Special Adviser on Information and Strategy, Bayo Onanuga, in a statement on Thursday in Abuja. The President also redesigned the Office of Special …