IMF Warns Nigeria, Other African Countries Over Rising Fiscal Deficits
The International Monetary Fund (IMF) has warned that Nigeria and several other Sub-Saharan African countries are widening their fiscal deficits because national budgets are often built on unrealistic revenue projections and spending assumptions. In a new research paper titled Budget Credibility in Sub-Saharan Africa, the IMF said weak budget credibility across the region is undermining fiscal […]
Former Power Minister Gets 75 Years Over N33.8bn Fraud
A Federal High Court in Abuja has sentenced former Minister of Power, Saleh Mamman, to a cumulative 75 years imprisonment over a N33.8 billion fraud linked to the Zungeru and Mambilla Hydro Electric Power projects. Justice James Omotosho delivered the sentence in absentia on Thursday after Mamman failed to appear in court for sentencing. The […]
Wike Dismisses Controversy Over Visit to APC Chairman Yilwatda
Nyesom Wike has dismissed speculations surrounding his recent visit to Nentawe Yilwatda, National Chairman of the All Progressives Congress (APC), insisting that he does not practise “politics of enmity.” Speaking with journalists after inspecting ongoing projects in the Federal Capital Territory, Wike described the meeting as a personal and professional interaction rather than a political […]
Iran Says Suspected Gulf Oil Spill Was Caused by Foreign Tanker
Iran’s top environmental official said Tuesday that a large suspected oil spill near Kharg Island in the Persian Gulf was likely caused by a foreign tanker discharging contaminated ballast water rather than a leak from Iranian oil infrastructure. Satellite imagery had shown what appeared to be a massive slick stretching across waters west of the […]
Trump and Xi Open High-Stakes Beijing Summit Amid Trade and Iran Tensions
U.S. President Donald Trump is set to begin a two-day summit with Chinese President Xi Jinping in Beijing on Thursday, as the world’s two largest economies seek to stabilize their fragile trade relationship while confronting mounting geopolitical and economic pressures tied to the ongoing conflict with Iran. The visit marks the first trip to China […]
Starmer Faces Political Turmoil as King Charles Opens Parliament
Political tensions are mounting in the United Kingdom as Prime Minister Keir Starmer battles growing unrest within his government ahead of the ceremonial State Opening of Parliament. Amid speculation about possible efforts to unseat the prime minister, London was preparing Wednesday for the centuries-old traditions surrounding the event, including the royal bodyguards’ torchlit inspection of […]
Gbenga Daniel Vows to Defeat Abiodun in Ogun APC Senatorial Primary
Former Ogun State governor and senator representing Ogun East, Gbenga Daniel, has declared that he would decisively defeat Governor Dapo Abiodun in the All Progressives Congress (APC) senatorial primary ahead of the 2027 general election. Daniel made the declaration on Tuesday during an empowerment programme organised by the Bola Ahmed Tinubu–Otunba Gbenga Daniel (BATOGD) Movement […]
Tinubu: Nigeria to Spend $11.6bn on Debt Servicing in 2026
President Bola Ahmed Tinubu has disclosed that Nigeria is projected to spend about $11.6 billion on debt servicing in 2026, an amount expected to consume nearly half of the country’s anticipated revenue for the year. Tinubu made the disclosure on Thursday while speaking at the Africa Forward Summit held at the Kenyatta International Convention Centre […]
FG Rejects UNICEF Data on Nigeria’s Out-of-School Children
The Minister of Education, Tunji Alausa, has said Nigeria’s number of out-of-school children is significantly lower than the 15–18 million figure often cited by the UNICEF, insisting that ongoing government data mapping places the total at below 8 million. Alausa made this known on Tuesday during an interview on Politics Today on Channels Television, where he explained […]
NDC Unveils 2027 Primary Timetable, Sets Form at ₦60m
The Nigeria Democratic Congress (NDC) has unveiled its timetable for the sale of nomination forms, screening, and primary elections ahead of the 2027 general elections, with the party fixing its presidential nomination form at ₦60 million. The timetable was contained in a statement jointly signed by the party’s National Chairman, Moses Cleopas Zuwoghe, and National […]
