01.07.2026

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World Bank Sets December 16 Approval for Nigeria’s $1bn Investment & Jobs Loan

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The World Bank has set December 16 for the approval of a $1 billion Development Policy Financing package for Nigeria. The facility — half credit, half loan — will support economic reforms, private investment, and job creation under the Nigeria Actions for Investment and Jobs Acceleration programme. Analysts say it marks renewed global confidence in Tinubu’s reforms....

Tinubu Orders Immediate Resolution of Resident Doctors’ Strike — 19 Demands Under Review

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President Bola Tinubu has directed the Ministry of Health to ensure that striking resident doctors return to work immediately. The strike, which has paralysed tertiary hospitals nationwide, stems from unresolved wage, training, and welfare issues. Minister of State for Health Dr. Iziaq Salako says 19 demands are being addressed, including arrears, manpower shortages, and infrastructure gaps....

Chad Closes Border with Nigeria Amid US Invasion Rumours

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The Chadian government has sealed its border with Nigeria, citing security threats and alleged U.S. military activity in West Africa. President Mahamat Idriss Déby ordered a complete lockdown of border corridors, deploying tanks and troops after reports of terrorist movements from northern Nigeria. The move heightens regional tension and triggers renewed diplomatic unease....

15% Fuel Import Duty Sparks Economic Shockwave — Marketers Warn of Price Surge, Otedola Backs Tinubu Policy

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Nigeria’s 15% import duty on petrol and diesel has ignited fierce debate across the energy sector. While billionaire investor Femi Otedola applauds the move as a shield for local refiners, independent marketers warn it could send pump prices above ₦1,000 per litre. The presidency insists the measure will stabilise the market and boost energy security....

Trump Threatens “Guns-A-Blazing” Intervention in Nigeria — Tinubu, Dabiri, Obi Push Back on Persecution Claim

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Donald Trump’s call for a possible U.S. military strike over alleged Christian persecution in Nigeria has triggered swift backlash from President Tinubu, Abike Dabiri-Erewa and Peter Obi. Nigerian officials dismissed the claim as political theatre tied to U.S. evangelical lobbying, insisting Nigeria remains committed to religious freedom and constitutional democracy....

Protest Rocks PDP Secretariat as Wike Faction Seizes Control — Damagum Ousted Amid Power Struggle

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Chaos erupted at Wadata Plaza on Monday as Nyesom Wike’s loyalists stormed the PDP national secretariat, installing Mohammed Abdulrahman as acting chairman. The move deepens the opposition’s crisis, displacing Umar Damagum’s leadership and signalling a full-scale takeover by the Wike bloc. Security operatives intervened as the party teetered on the edge of open fracture....

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