The Federal Executive Council (FEC) has approved a combined ₦3.94 trillion for 25 major road projects across 10 states, alongside ₦286 billion for specialised maritime vessels to strengthen Nigeria’s port system.

Outstanding consumer credit in Nigeria fell sharply by ₦780bn in February 2026, dropping to ₦3.03tn from ₦3.81tn in January, according to the Central Bank of Nigeria’s (CBN) Economic Report.

Nigeria has imported two million barrels of crude oil from Libya in May 2026, marking the country’s first recorded import of Libyan crude.

President Bola Tinubu has commissioned the 40,000-metric-ton-per-day Benfruit Concentrate Plant in Makurdi, describing it as a major boost to Nigeria’s agricultural processing and industrialisation drive.

The Socio-Economic Rights and Accountability Project (SERAP) has urged the Senate President, Godswill Akpabio, and the Speaker of the House of Representatives, Tajudeen Abbas, to investigate allegations that ₦6.3 billion in constituency project funds may have been diverted, misapplied, or remain unaccounted for.

The founder of PRNigeria and Chief Executive Officer of Image Merchants Promotion Limited (IMPR), Malam Yushau A. Shuaib, has vowed to challenge the judgment of the Federal High Court in Abuja dismissing his ₦1 billion suit against the National Institute for Policy and Strategic Studies (NIPSS), Kuru, Plateau State, over his withdrawal from the prestigious Senior Executive Course (SEC) 47.