The Organization of the Petroleum Exporting Countries and its allies (OPEC+) has approved another 188,000 barrels per day (bpd) increase in oil production quotas for August 2026, continuing its phased plan to gradually restore crude supplies. 

The Federal Government has rejected reports that it spent more than ₦8 trillion outside the 2026 approved budget, describing the claims as inaccurate and a misinterpretation of the IMF’s 2026 Article IV Consultation Report.

The Special Investigator appointed by President Bola Ahmed Tinubu to probe the activities of the Central Bank of Nigeria (CBN), Jim Obazee, on Friday told the High Court of the Federal Capital Territory that former President Muhammadu Buhari and former Secretary to the Government of the Federation (SGF), Boss Mustapha, should also have been investigated and prosecuted over the controversial release of $6.2 million from the Federal Government's foreign exchange account domiciled at the CBN.

The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has submitted its recommendations for the review of salaries and allowances of political and public office holders to President Bola Tinubu for consideration.

Climate advocate, Rahimat Salihu, has launched a grassroots climate action and recycling campaign in schools across the Federal Capital Territory (FCT), Abuja.

FULL LIST: Why CBN Revoked Licences of 46 Microfinance Banks The Central Bank of Nigeria has revoked the operating licences of 46 microfinance banks across the country over their failure to comply with key regulatory requirements. The apex bank said the...