Headline

The fresh borrowing comes after the Debt Management Office reported that Nigeria’s public debt increased by N14.39tn, or 9.44 percent, from N152.40tn in June 2025 to N166.79tn at the end of June 2026.

Shettima gave the warning during a meeting with UN Deputy Secretary-General, Amina Mohammed, on the sidelines of the UNGA81, where he renewed Nigeria’s demand for urgent reform of the United Nations and stronger African representation in global decision-making.

Nigeria’s rate cut made holding cash less rewarding just as rising US bond yields made dollar assets more competitive. For investors opening their screens this Monday, those competing forces deserve attention alongside the stock-market rally.

President Bola Tinubu’s return to Nigeria has suffered a last-minute twist, with his planned return to the country now delayed, according to sources in the Presidency.

The latest controversy centres on N107 trillion in receivables and N103 trillion in payables or accrued expenses in NNPC Ltd.’s audited financial statements for the 2023 financial year.

The conduct of a free and fair election in Nigeria's democratization process dominated discussions at the just-concluded 22nd All Nigeria Editors Congress held in Enugu.

The average maximum lending rate in the banking sector fell to 29.19 percent in August from 33.16 percent in July, according to Central Bank of Nigeria (CBN) data.

The death of 37 illegal miners in cloudy circumstances in Niger State has once again exposed the incompetence and poor conduct of relevant authorities in the execution of their briefs.

The White House has excluded CNN from the press pool travelling with President Donald Trump to Tennessee on Saturday, replacing the network with conservative outlet Real America’s Voice News.

The Federal Government has evacuated another 105 distressed Nigerians from South Africa, raising the number of Nigerians brought home since the commencement of the exercise in June to 1,821, amid continued concerns over xenophobic and Afrophobic attacks in the country.