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Over the past two years, debt servicing has overtaken capital spending by about N3.9tn, showing how repayment pressure is squeezing the government’s room to invest in roads, power, health, education, and other growth-driving sectors. The Federal Government spent N27.2tn servicing public debt across 2024 and 2025. In 2024 alone, debt…

The U.S. State Department has issued an urgent safety advisory telling American citizens to leave parts of the Middle East immediately, citing escalating security risks linked to the Iran–Israel crisis. T he message is blunt: use commercial transportation while it is still available, and don’t wait until flights become limited…

Nigeria’s net foreign exchange (FX) reserves have increased by 772.18% over the past two years. According to the Central Bank of Nigeria (CBN), it reached $34.80 billion at the end of December 2025, which is a significant rise from just $3.99 billion in 2023. This highlights what CBN Governor Olayemi…

A businesswoman, Mrs Tracyniter Nicholas Ohiri, has accused Nigeria’s Minister of Works, David Umahi, of sexual harassment, threats, intimidation, and refusing to pay money she said he owes her for campaign items she supplied. Ohiri spoke in Abuja on Thursday. She said her business relationship with Umahi started before he…

Saudi Arabia’s latest import restriction on poultry and table eggs is raising questions about Nigeria’s export ambitions, especially at a time when producers are seeking more foreign markets and stronger foreign exchange earnings. Saudi authorities, through the Saudi Food and Drug Authority (SFDA), have announced a total ban on poultry…