Moniepoint Inc. says digital payments now account for the majority of transactions in Nigeria’s nightlife economy, particularly across local bars and informal community venues. In a statement issued on Monday in Lagos, the fintech company said its latest study, titled “The Business of Community Nightlife in Nigeria,” analysed transaction data from more than 27,000 bars, […]
Nigeria has urged the ECOWAS parliament to enact strong and coordinated legislation to accelerate the implementation of the African Continental Free Trade Area (AfCFTA) and advance regional integration. The minister of state for foreign affairs, Bianca Ojukwu, made the call on Monday in Abuja at the opening of the 2026 first extraordinary session of the […]
The Academic Staff Union of Universities (ASUU), Alex Ekwueme Federal University, Ndufu-Alike, Ikwo (AEFUNAI) branch, has commenced a week-long sports fiesta aimed at promoting the health and wellbeing of its members. The event, which began on Monday at the university’s main football field in Ndufu-Alike, was declared open by the vice-chancellor, Prof. Daniel Nwachukwu, a […]
President Bola Tinubu, on Monday in Abuja, urged Muslim and Christian leaders in the country to show greater compassion for the poor and underprivileged by pursuing policies that cater to the needs of the majority in the grassroots. The President, who hosted governors for the breaking of an interfaith fast at the Presidential Villa, said […]
President Bola Tinubu has signed an executive order aimed at increasing oil and gas revenues for the Federation, eliminating wasteful spending, and redirecting resources to benefit Nigerians. The order, anchored on Section 44(3) of the Constitution, seeks to restore the constitutional revenue entitlements of federal, state, and local governments, which were removed in 2021 by […]
President Bola Ahmed Tinubu on Wednesday said the 2026 Ramadan, which coincides with the Christian Lenten season, offers Nigerians a unique opportunity to reunite and promote peace and stability in the country. President Tinubu stated this while declaring open the 2026 Ramadan Tafsir at the State House Mosque in Abuja. “Fellow Muslims, coincidentally, this Ramadan […]
The Miss Nigeria Organisation has announced the launch of the Miss Nigeria Beauty and Fashion Fair, scheduled to hold on March 22 and 23, 2026, at Eko Hotel, Lagos. The two-day fair will formally signal the start of the Miss Nigeria 2026 season, a year-long journey that will culminate in the crowning of a new […]
By Tanimu Yakubu Fifty years ago, on February 13, 1976, gunfire shattered the morning calm in Lagos. Nigeria awoke to the assassination of its head of state, Murtala Ramat Mohammed. Africa lost not just a soldier. It lost a furnace of political will — a leader whose 180 days in office reshaped Nigeria’s foreign policy […]
Twenty-one Nigerian banks have now met the fresh capital requirements introduced by the Central Bank of Nigeria (CBN), as lenders move swiftly to comply before the March 31, 2026 deadline. The recapitalisation programme, announced in 2024, raised minimum capital to N500 billion for international banks, N200 billion for national banks, and N50 billion for regional […]
The Nigeria Labour Congress (NLC) has warned of nationwide protests and a possible boycott of future elections if the amendment to the Electoral Act fails to mandate the real-time electronic transmission of results. In a statement released on Sunday, Joe Ajaero, president of the labour union, said the amended law must clearly compel the Independent […]
The Indigenous People of Biafra (IPOB) has announced the immediate cancellation of the Monday sit-at-home observed across Nigeria’s south-east. In a statement issued on Sunday, Emma Powerful, the group’s spokesperson, said the decision followed a directive from Nnamdi Kanu, IPOB’s detained leader. He urged residents to resume normal activities, including reopening markets, returning to work, […]
Nigeria paid a total of ₦1.54 trillion in oil and gas derivation funds to mineral-producing states in 2025, according to FAAC data compiled by TheCableIndex. The distribution highlights how heavily Nigeria’s fiscal system still leans on a handful of oil-producing states. Here’s a ranked breakdown of who received what. 1. Delta – ₦472.45 billion Delta […]
Nigeria’s political landscape has shifted decisively. As of January 26, 2026, the All Progressives Congress (APC) controls 29 of the country’s 36 states, giving the ruling party a commanding presence across nearly every geopolitical zone. Below is a clean breakdown of how party control stacks up — zone by zone — and what it says […]
The Federal Government of Nigeria has begun the settlement of a N4 trillion debt owed to power generation companies, with five GenCos already captured in the first phase of the payment process. The development was confirmed by Nigerian Electricity Regulatory Commission, which said the settlement is part of ongoing efforts to address legacy obligations that […]
The National Industrial Court of Nigeria in Abuja has ordered workers under the Federal Capital Territory Administration (FCTA) to suspend their ongoing strike. In a ruling delivered on Tuesday, Emmanuel Subilim, the presiding judge, held that while the dispute before the court qualifies as a trade dispute, the right of the defendants to embark on […]
Nigeria’s national electricity grid has suffered another collapse, the second in five days, leading to widespread power outages across the country. The system failure occurred on Tuesday morning, disrupting electricity supply to homes and businesses nationwide. Data obtained from the Nigerian Independent System Operator (NISO) shows that load allocation to the 11 electricity distribution companies […]
Chukwuma Soludo, governor of Anambra, has ordered the closure of the Onitsha Main Market for one week after traders continued to observe the Monday sit-at-home, despite government directives to resume normal business activities. Soludo issued the directive on Monday during an unscheduled inspection of the market, where he found a large number of shops locked. […]
Yakubu Dogara, former speaker of the house of representatives, says decisions around power-sharing and religious balance in Nigeria should be guided by justice and fairness, rather than fear, pressure or political calculations. Dogara spoke on Sunday Politics, a programme on Channels Television, amid growing speculation that Kashim Shettima could be replaced as Bola Tinubu’s running […]
Twenty-one members of the Kano state house of assembly have defected from the New Nigeria Peoples Party (NNPP) to the All Progressives Congress (APC), marking a major realignment in the state’s political landscape. The lawmakers announced their defection on Monday, days after Abba Yusuf, governor of Kano, formally resigned from the NNPP. Yusuf’s resignation followed […]
Robert Madaki, chairmanship candidate of the Young Progressives Party (YPP) in the Abuja Municipal Area Council (AMAC), says he wants to end a system where local government is felt by residents only when taxes are being collected. Speaking on Saturday at the flag-off of the YPP campaign in Abuja, Madaki said many communities within AMAC […]