Tag: Nigeria
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Opinion: Nigeria, A Nation of Special Concern
By George Omagbemi Sylvester Nigeria, once celebrated as the Giant of Africa, now faces a crisis that extends beyond economic hardship. It is a nation blessed with enormous natural and human resources, yet millions of its citizens struggle daily under the weight of poor governance, insecurity, and widespread corruption. Across the country, checkpoints dominate major…
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Nigeria’s Debt Securities Rise to N175.46tn in 12 Months – CBN
By Opeyemi Adelakun Nigeria’s debt securities grew by 14.47 per cent to N175.46 trillion in 2025, driven largely by increased Federal Government borrowing to finance budget deficits, according to the Central Bank of Nigeria (CBN). The apex bank, in its 2025 Annual Report, said the country’s debt securities expanded by N22.13 trillion, rising from N153.28…
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Nigeria Loses 62,400GWh as Gas Flaring Surges 18.6%
By Opeyemi Adelakun Nigeria lost an estimated 62,400 gigawatt-hours (GWh) of electricity generation potential between 2024 and 2025 as gas flaring increased despite tougher government sanctions, exposing persistent weaknesses in the country’s energy value chain and depriving the power sector of much-needed fuel. Data obtained from the National Oil Spill Detection and Response Agency (NOSDRA)…
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Nigeria Demands Justice as Citizen Dies in South African Police Operation
By Opeyemi Adelakun The Federal Government has called for an immediate and independent investigation into the death of a Nigerian citizen, Ibeh Chika Simon, who was killed during a South African Police Service (SAPS) operation in Bellville, Cape Town. The demand was made through the Consulate General of Nigeria in Johannesburg, which described the circumstances…
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Nigeria Urges AU to Cut Off Terror Funding, Stop Illicit Financial Flows
By Opeyemi Adelakun Nigeria has called on the African Union (AU) to intensify efforts to block illicit financial flows that continue to finance terrorism and violent extremism across the continent. Minister of State for Foreign Affairs, Bianca Odumegwu-Ojukwu, made the call during a ministerial-level virtual meeting of the AU Peace and Security Council, where she…
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Nigeria, United Kingdom Deepen Partnership to Advance Public Sector Reforms
By George Omagbemi Sylvester Nigeria and the United Kingdom have reaffirmed their commitment to strengthening bilateral cooperation aimed at improving public sector reforms, institutional efficiency and performance management across government ministries, departments and agencies. The renewed collaboration focuses on enhancing governance through improved policy implementation, accountability and evidence-based decision-making. Both countries underscored the importance of…
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UN Raises Alarm Over Terrorists’ Use of Emerging Technology in Nigeria
By George Sylvester The United Nations has warned that terrorist groups operating in Nigeria are adapting rapidly to modern technology, increasingly relying on drones, encrypted digital platforms and cryptocurrency to finance operations, coordinate attacks and evade detection by security agencies. The development, according to the global body, highlights the changing nature of terrorism and the…
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Nigeria Urges ECOWAS to Drag South Africa Before African Union Over Xenophobic Attacks
By George Omagbemi Sylvester Nigeria has called on the Economic Community of West African States (ECOWAS) to escalate the issue of recurring xenophobic attacks in South Africa to the African Union (AU), urging stronger continental intervention to protect the lives, rights and property of African migrants living in the country. The call follows renewed attacks,…
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Opinion: Beyond the Oriire Rescue—Nigeria Must Win the War Against Insecurity
By George Omagbemi Sylvester The successful rescue of abducted pupils, teachers and school staff from Oriire Local Government Area of Oyo State has renewed public confidence in Nigeria’s security agencies, proving that intelligence-driven operations, inter-agency coordination and community collaboration can yield positive results against criminal networks. The operation, which ended 56 days of captivity for…
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Nigeria Loses 38 Million Tonnes of Farm Produce Annually to Post-Harvest Waste
By George Omagbemi Sylvester Nigeria loses an estimated 38 million tonnes of agricultural produce every year to post-harvest losses, a crisis experts say is undermining food security, worsening malnutrition and inflicting enormous economic losses on the country’s agricultural sector. The waste, largely caused by poor storage, inadequate transportation and weak supply chains, makes Nigeria the…
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Dangote Refinery Reportedly Switches Petrol Sales to Dollars, Ends Naira Transactions
By Opeyemi Adelakun Dangote Petroleum Refinery has officially ended naira-denominated sales of refined petroleum products, introducing a dollar-based pricing structure that fixes the ex-depot price of Premium Motor Spirit (PMS), popularly known as petrol, at $0.779 per litre. The new pricing template, which took effect on July 13, 2026, also pegs Automotive Gas Oil (diesel)…
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Nigeria Cannot Prosper While Innocent Blood Flows – Obi
Peter Obi, the presidential candidate of the Nigeria Democratic Congress (NDC) in the 2027 election, has condemned the recent killings in Benue and Plateau states, asserting that Nigeria cannot achieve meaningful development while innocent citizens continue to lose their lives to violence. Obi made these remarks in a statement posted on his X handle on…