Mumbai: The weighted average call rate (WACR) inched above the repo rate for the first time in nearly two months as liquidity drained from the banking system, reducing below the ₹5-lakh crore mark. WACR stood at 5.31% on Tuesday, up from 5.24% on Monday, CCIL data showed. Banking system liquidity was at a surplus ₹4.91…
The Nigerian National Petroleum Company Limited remitted N7.91tn to the Federation Account between January and July 2026, even as its crude oil and condensate production fell to 1.68 million barrels per day in July. The figures were contained in the NNPC’s July 2026 operational and financial performance report released on Wednesday. The company said it…
The Nigerian government spent N83.5 billion on the Presidential Amnesty Programme (PAP) between January and September 2025, according to the Federal Government’s Budget Expenditure and Fiscal Account for the first nine months of the year. The expenditure, recorded under recurrent non-debt spending, represents a substantial portion of the N115 billion allocated to the Presidential Amnesty…
An old video of veteran Nollywood actor Taiwo Hassan, popularly known as ‘Ogogo’, recounting a serious health battle he endured for several years has resurfaced following his death on Sunday. In the viral video, the deceased actor spoke about the severe symptoms he experienced, including chest pain, vomiting blood and ulcers, which at some point left…
At least five companies listed as “inactive” on the Corporate Affairs Commission (CAC) portal received a combined N2.6 billion in federal government contracts and contract-related payments between May and June 2026, raising questions about compliance checks in the award and payment of public contracts. An analysis of federal government payment records published on Govspend shows…
By Suzan Sunday The Nigerian film industry has recorded the loss of several talented actors in 2026, leaving fans, colleagues and the wider entertainment community mourning. From veteran Yoruba performers to popular Nollywood stars and rising talents, these actors made memorable contributions to Nigerian cinema and television. Here are 13 Nollywood actors who died in…
(Broda Shaggi. Photo by Vanguard News) Nigerian comedian and actor Samuel Perry, also known as Broda Shaggi, has broken his silence months after he was allegedly shot while filming in Ogun state. Broda Shaggi was allegedly hurt in March while filming near the Sango-Ota Bridge. He was initially taken to a hospital in Lagos’…
The Niger State Government spent more than N2.69 billion on honorarium and sitting allowances during the first six months of 2026, while allocating only N50 million to the construction of water facilities and nothing to the rehabilitation of existing water infrastructure, according to an analysis of the state’s 2026 Second Quarter Budget Implementation Report. The…
Newly employed local government workers in Cross River State on Wednesday staged a peaceful protest in Calabar, demanding immediate payment of 11 months’ salary arrears and inclusion on the state payroll after working for nearly a year without pay. Despite heavy rain, the protesters, drawn from several local government areas, marched through major streets to…
The Nigeria Police Force (NPF) disbursed a total of ₦402.8million on burial expenses for its commands and formations over a 14-month period, according to an analysis of payment records on Govspend, highlighting the financial toll that the country’s persistent security challenges continue to impose on the force. The expenditure, spread across eight separate payments between…
