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Nigeria Budget

6 Dec
Nigeria’s 2025 budget, which is pegged on an optimistic oil price and production of over two million barrels per day (bpd), may suffer a major threat given the decision by the Organisation of Petroleum Exporting Countries (OPEC) to maintain production cut into 2026. The decision, analysts said, may freeze oil prices as Brent traded for…

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2 mins ago
A leader of one of Ecuador's biggest crime syndicates Los Lobos was arrested Friday at his home in the coastal city of Portoviejo, the military said. Carlos D, widely known by his alias "El Chino," was the second-in-command of Los Lobos (The Wolves) and "considered a high-value target," the armed forces said in a statement.…
4 mins ago
The death of Engineer Sunday Makinde, the eldest brother of Governor Seyi Makinde of Oyo State, came as a rude shock to not just the family but to all well wishes of the amiable governor. Deputy National Secretary of the Peoples Democratic Party (PDP), Hon. (Arc.) Setonji Koshoedo, in a condolence message to the Oyo…
8 mins ago
Illegal squatters in Ado-Ekiti, the capital of Ekiti State, have been handed an ultimatum to relocate as the state government plans to build a Central Business District (CBD). Decrying the return of hoodlums, squatters, street-traders as well as erection of makeshift shops and containers after its acquisition and payment of compensation to the land owners…
13 mins ago
The Center for Fiscal Transparency and Public Integrity has carried out an assessment of Nigeria's performance in the enforcement of the anti-corruption protocols enacted by the United Nations (UN). The study focused on the implementation of Chapter II (Prevention Measures) and Chapter V (Asset Recovery) of the United Nations Convention against Corruption (UNCAC), which Nigeria…
17 mins ago
The Mary Dinah Foundation has distributed over 55 million meals across West and Central Africa, including Nigeria, Cameroon, and Chad, ensuring essential nutrition reaches the most vulnerable through its Zero Hunger programme. The foundation also provided 14,394 children with life-saving vaccinations and contributed to Nigeria’s world record for simultaneous breastfeeding, championing maternal and child health.…
21 mins ago
The immediate past Speaker of the Lagos State House of Assembly, Rt. Hon. Mudashiru Obasa, has said that his removal as Speaker was not constitutional, stating that due process was not followed. Recall that Obasa was removed by 35 out of the 40 members of the assembly on January 13, 2025, over allegations of misconduct…
21 mins ago
The death of Engineer Sunday Makinde, the eldest brother of Governor Seyi Makinde of Oyo State, came as a rude shock to not just the family, but to all well wishes of the amiable governor . Making the statement today was the Deputy National Secretary of the Peoples Democratic Party, Hon. (Arc.) Setonji Koshoedo, in…
22 mins ago
Pep Guardiola has insisted Manchester City will be back in the hunt wo win the Premier League next season after struggling this term. City, following an unprecedented run of four successive English titles, are currently 12 points adrift of leaders Liverpool and on the brink of bowing out of the Champions League after throwing away…
28 mins ago
Civilians in eastern DR Congo face "increasing risks" as Rwandan-backed group M23 closes in on the key city of Goma, Human Rights Watch said on Saturday. Friday saw intense clashes barely 20 kilometres (12 miles) from the provincial capital of North Kivu, which has a million inhabitants and at least as many displaced people. "Civilians…
42 mins ago
The US Supreme Court agreed on Friday to weigh whether public funds can be used to establish a religious charter school, a major case testing the historic separation of church and state. The Oklahoma Supreme Court ruled last year that the public funding mechanism for a proposed Catholic charter school in the southwestern state was…