Nigeria’s House of Representatives has launched a probe into the operations of government agencies involved in pre-shipment inspection services, raising concerns about revenue losses and regulatory lapses. The investigation focuses on the roles played by agencies including the Nigeria Customs Service and the Nigerian Ports Authority. Lawmakers expressed dissatisfaction during a parliamentary hearing over what they described as inconsistencies in the implementation of pre-ship

Concerns are growing over the future of proposed political reforms ahead of the 2027 elections as Nigeria’s ongoing constitutional review process continues to move slowly. Key proposals under debate include the creation of special parliamentary seats for underrepresented groups and the introduction of independent candidacy into Nigeria’s electoral framework. Advocates of the reforms argue that special parliamentary seats could improve representation for women, youth, and pers

As Nigeria’s digital economy expands rapidly, cybersecurity experts are increasingly calling for the creation of a National Cybersecurity Council to coordinate the country’s response to rising cyber threats. Analysts say Nigeria’s growing reliance on digital platforms for banking, governance, and commerce has made the country more vulnerable to cybercrime. Industry stakeholders argue that while Nigeria has made progress in developing cybersecurity laws and institutions, the a

Security experts and political analysts are raising alarms over the potential impact of Nigeria’s persistent insecurity on the conduct of the 2027 general elections. With insurgency, banditry, and communal conflicts affecting several regions of the country, concerns are mounting about the ability of authorities to guarantee safe and credible elections. Analysts warn that insecurity could disrupt voter registration, campaign activities, and election day logistics in vulnerable

Nigeria’s President, Bola Ahmed Tinubu, has ordered the immediate suspension of the cashless payment policy recently introduced at airport toll gates by the Federal Airports Authority of Nigeria (FAAN). The directive followed widespread complaints about severe traffic congestion at major airports, particularly in Lagos and Abuja. The announcement was made by the Minister of Aviation and Aerospace Development, Festus Keyamo, after a meeting of the Federal Executive Council in

Nigeria’s electoral management body, the Independent National Electoral Commission (INEC), has commenced a comprehensive review of the operational guidelines governing political parties ahead of the 2027 general elections. The move is aimed at strengthening Nigeria’s democratic processes and ensuring that political parties operate in accordance with the Electoral Act and existing constitutional provisions. According to officials of the commission, the review will assess sever

President Bola Tinubu has reiterated his backing for the All Progressives Congress governorship candidate in Osun State, Munirudeen Bola Oyebamiji, as preparations intensify for the August 15, 2026, off-cycle election. Oyebamiji disclosed this after a meeting with the President in Abuja, describing the talks as constructive and focused on consolidating the party’s chances in the forthcoming poll. The APC flagbearer was accompanied by the Minister of Marine and Blue Economy an

Nigeria’s net foreign reserves have increased to $50.45 billion, reflecting the impact of ongoing foreign exchange reforms and tighter monetary management. The development signals improved external buffers for Africa’s largest economy. Economic analysts attribute the growth to policy adjustments by monetary authorities, improved investor sentiment, and stronger diaspora remittance inflows. These factors have collectively strengthened Nigeria’s external liquidity position. The

President Bola Ahmed Tinubu has put forward the name of Taiwo Oyedele for appointment as Minister of State for Finance, subject to confirmation by the Senate. The nomination was formally transmitted to Senate President Godswill Akpabio for legislative consideration. Oyedele’s nomination comes alongside a cabinet reshuffle that sees Dr Doris Uzoka-Anite redeployed to the Ministry of Budget and National Planning as Minister of State. The move marks her third assignment within t

The President of the Nigeria Supreme Council has called on Acting Inspector-General Kayode Disu to decentralize tactical police squads to enhance operational efficiency nationwide. He argued that decentralization would enable faster response to emerging security threats, particularly in rural and underserved communities where centralized command structures may slow intervention. Security stakeholders contend that over-centralization has limited flexibility in deployment and c

The Nigerian Senate has rescinded its earlier call for the removal of the Registrar-General of the Corporate Affairs Commission following a formal apology. The decision marks a de-escalation of tensions between the legislative chamber and the regulatory agency. Lawmakers had previously cited non-compliance with parliamentary invitations as grounds for demanding disciplinary action. However, subsequent engagements appear to have resolved the misunderstanding. To strengthen coo

The Nigerian Education Loan Fund has extended the deadline for student loan applications, granting prospective beneficiaries additional time to complete their submissions. The extension follows feedback regarding technical and documentation challenges. Officials stated that the move reflects the government’s commitment to inclusive access to tertiary education financing. Many applicants reportedly required more time to finalize eligibility requirements. The student loan schem

The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has announced plans to develop a comprehensive regulatory framework for digital assets. The initiative is aimed at safeguarding Nigeria’s financial system while encouraging responsible innovation. Cardoso stated that the rapid expansion of digital asset transactions requires structured oversight to mitigate risks such as fraud, money laundering, and systemic vulnerabilities. The framework is expected to strike a ba

The Dangote Refinery has increased its petrol ex-depot price to N875 per litre, signaling another shift in Nigeria’s evolving fuel pricing landscape. The adjustment reflects broader market pressures impacting the downstream petroleum sector. Industry analysts attribute the increase to rising global crude oil prices and foreign exchange fluctuations, both of which significantly influence refining and operational costs. The refinery’s pricing move is expected to ripple across d

The Nigeria Police Council has ratified the appointment of Kayode Egbetokun Disu as Acting Inspector-General of Police, paving the way for his formal swearing-in. The council’s decision followed consultations among key security and government stakeholders. Council members expressed confidence in Disu’s professional track record and strategic experience within the Nigeria Police Force. They emphasized the need for continuity and decisive leadership amid evolving national secur

A dispute has emerged within the House of Representatives as two standing committees reportedly clashed over oversight jurisdiction in the ongoing probe of the Renewable Energy Agency. The disagreement centers on which committee holds primary constitutional authority to conduct the investigation. Sources within the National Assembly indicate that both committees claim oversight responsibilities based on their mandates covering energy and public institutions. The overlapping c

The Nigeria Governors’ Forum has formally endorsed President Bola Tinubu’s Executive Order directing the direct remittance of oil revenues into the Federation Account. The endorsement followed high-level deliberations among state governors aimed at strengthening fiscal accountability. Governors described the directive as a major reform step designed to eliminate revenue leakages and ensure transparency in the management of crude oil proceeds. By mandating direct remittances,

The Chairman of the Independent National Electoral Commission, Professor Mahmood Yakubu, has expressed deep concern over what he described as distressingly low voter turnout during the Federal Capital Territory Area Council elections. He noted that participation levels fell significantly short of expectations despite extensive logistical preparation. According to the INEC chairman, electoral materials were deployed on time and security arrangements were adequate across pollin

Global crude oil prices have climbed steadily toward the $80 per barrel benchmark following renewed geopolitical tensions in the Middle East, triggering volatility across international energy markets. Traders responded sharply to reports of instability in the region, with Brent crude futures gaining momentum amid fears that supply routes could be disrupted. Energy analysts emphasize that the Middle East remains a strategic hub for global oil production, accounting for a signi

Nigeria’s ambitious 2025 capital budget has encountered significant implementation hurdles, raising concerns among lawmakers, economists and development advocates about slowed project delivery and fiscal discipline. The government recently announced that only about 30 per cent of the 2025 capital budget will be executed before November 30, 2026, while the remaining 70 per cent will be rolled over into the 2026 fiscal framework due to revenue constraints and cash flow issues.