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Confidence Abroad, Contraction at Home: The Split Reality of Nigeria’s 2025 Economy

IDNN
Nigeria is winning praise abroad but losing traction at home. From FATF reforms that restored global confidence to Dangote’s refinery expansion signaling industrial ambition, the country looks renewed on paper — yet on the ground, manufacturing is stalling, demand is collapsing, and inflation keeps biting. This is Nigeria’s new economic paradox....

Dangote Refinery Expansion to 1.4m bpd — Africa’s Richest Man Targets Global Oil Dominance

IDNN
Aliko Dangote has unveiled plans to double the capacity of his Lagos refinery from 650,000 to 1.4 million barrels per day, aiming to rival the world’s largest petroleum facilities. The $5 billion expansion will boost exports, stabilize local fuel supply, and reinforce Nigeria’s position as Africa’s refining hub under the Euro VI emission standard....

Nigeria Exits FATF Grey List as CBN Declares Confidence Restored in Financial System

IDNN
Nigeria’s removal from the Financial Action Task Force (FATF) grey list marks a major credibility win for the country’s financial system. The Central Bank says it reflects stronger anti-money laundering reforms, improved compliance, and renewed investor confidence — potentially unlocking billions in foreign capital inflows and lowering compliance risks for banks....

Tompolo Group Denies Role in Nnamdi Kanu Ultimatum, Warns Against Fake Propaganda

IDNN
The leadership of the PBAT Door-to-Door Movement has denied claims that its Grand Patron, High Chief Government Ekpemupolo (Tompolo), issued an ultimatum for Nnamdi Kanu’s release. The group described the viral reports as “reckless propaganda” and accused political saboteurs of trying to pit the ex-militant leader against the Federal Government....

Nnamdi Kanu Defies the Court: ‘No Valid Charges Against Me’ — Inside the Biafra Leader’s Legal Rebellion

IDNN
Biafra agitator Nnamdi Kanu has told the Federal High Court in Abuja that he will not enter a defence in his terrorism trial, insisting there are no valid charges against him. His declaration marks a turning point in the long-running case that has tested Nigeria’s judiciary, challenged executive power, and reignited the Biafra question....

Sowore’s Arrest and Courtroom Scuffle: When Justice Becomes a Battlefield

IDNN
The Nigeria Police Force has defended transferring activist Omoyele Sowore to Kuje Prison just minutes after he was granted bail, citing “court procedure.” The chaotic re-arrest inside the court premises sparked outrage from rights groups, reigniting debate over police excesses, judicial independence, and Nigeria’s vanishing tolerance for dissent....

Wike to PDP Governors: “Your Arrogance Will Bury the Party”

IDNN
FCT Minister Nyesom Wike has warned that the Peoples Democratic Party faces collapse under the weight of arrogance and impunity from its governors. Speaking during his monthly media chat, Wike said the upcoming convention in Ibadan is illegal and accused state leaders of sidelining major stakeholders in critical party decisions....

Nasarawa Governor Abdullahi Sule Defends Buhari, Warns Against Political Hypocrisy

IDNN
Governor Abdullahi Sule of Nasarawa has criticised politicians who once praised former President Muhammadu Buhari but now deride his legacy. Speaking at the NIPR Diamond Lecture, Sule said sycophancy destroyed Buhari’s administration and warned that opportunistic politics threatens Nigeria’s moral compass and democratic maturity ahead of the 2027 general elections....

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