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Nigeria’s External Debt Consumes N136bn of Jan Revenue

External debt obligations gulped a total of N136.54bn from revenues generated by the federation in January 2026, according to Federation Account Allocation Committee documents analysed by The PUNCH. The amount was deducted at source from the gross revenue for the month before distribution in February 2026, effectively reducing the net FAAC allocations available to the...
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Oil Prices Soar Amid Strait of Hormuz Tensions

Crude oil prices remained around $100 per barrel on Tuesday as United States President Donald Trump and NATO allies differed on the struggle to keep the Strait of Hormuz open for vessels transporting oil. Trump on Tuesday said the United States had been informed by most of its NATO allies that they did not want...
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Dangote & Marketers Collaborate on Nigeria’s Fuel Supply

The Dangote Petroleum Refinery partnered with major fuel marketers to safeguard nationwide supply and reduce risks associated with a single-source system, the Major Energies Marketers Association of Nigeria has said. Speaking during a MEMAN webinar on Tuesday, the association’s Chairman, Hubb Stokman, said the supply arrangement with marketers was designed to improve efficiency and address...
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Nigeria ranks high in fastest-growing global connectedness

Nigeria, Zambia and Namibia are among the economies recording the fastest gains in global connectedness, underscoring the growing integration of Sub-Saharan Africa into international trade, investment and people flows, according to the DHL Global Connectedness Report 2026. The report, published by logistics firm DHL in partnership with New York University’s Stern School of Business, found...
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NovaGrad AI Makes Studying Abroad Easier for Students

NovaGrad, an artificial intelligence-powered platform created by UK-based Prodigy Finance, is helping students in Africa and Latin America navigate the complex process of studying abroad by identifying common planning mistakes that can derail applications. The platform said many applicants lose opportunities at overseas universities not because of academic ability but due to early decisions that...
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CAF Strip Senegal Of Title, Award Morocco Trophy

The Confederation of African Football (CAF) on Tuesday stunned fans by stripping the Senegal National Football team of the 2025 Africa Cup of Nations (AFCON) title and awarding the trophy to the hosts, Morocco. Announcing the development on March 17, CAF said the decision followed a ruling by its Appeal Board, which found that Senegal...
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Sporting Thrash Bodo 5-0 At Home To Complete Comeback

Sporting CP produced a stunning comeback on Tuesday night to overturn a three-goal first-leg deficit and reach the UCL quarter-finals, defeating Bodo/Glimt 5-0 on the night in an extraordinary tie that went to extra time. The challenge seemed difficult after Sporting’s 3-0 loss in Norway, but they tackled it with unwavering intensity from the first whistle....
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Soludo’s Inauguration: Anambra People’ve Renewed Covenant With Competence, Consolidation

Vice President Kashim Shettima has said that the people of Anambra State have renewed their covenant with competence and consolidation with the inauguration of the governor, Charles Soludo, for a second term on Tuesday. Shettima, who lauded the governor’s contributions to nation-building, said he has helped in fostering unity and strengthening Nigeria’s political, economic, and...
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I apologise for saying no heaven without tithe – Adeboye

The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, has apologised for saying that Christians who don’t pay tithe might not make it to heaven. Adeboye who had previously said that paying tithe was one of the prerequisites for going to heaven, apologised for the comment while addressing his congregation Thursday...

Protesters storm Rivers electoral commission, insist election must hold

Angry protesters on Friday stormed the office of the Rivers State Independent Electoral Commission, singing and chanting ‘Election must hold’. They defied the heavy rainfall spreading canopies, while singing and drumming, with one side of the road blocked. The protest came after the Rivers State governor stormed the RSIEC in the early hours of Friday...

Man who asked Tinubu to resign admitted in psychiatric hospital

The Adamawa State Police Command has disclosed that the 30-year-old Abdullahi Mohammed who climbed a 33 kv high tension electricity pole in Mayo-Belwa last Friday has been admitted at the Yola Psychiatric hospital for mental examination. The Police Public Relations Officer of the command SP Suleiman Nguroje, told Arewa PUNCH on Friday in an exclusive...