Ministry Clarifies N128bn Audit Report Covers 2022
Nigeria's Ministry of Power clarifies that a N128bn audit report cited by SERAP predates Minister Adelabu's appointment. The ministry states the findings relate to the 2022 financial year.
Category : Search result: NBET audit report
FG Reacts to Call for Probe Over Missing N128bn Power Funds
The Ministry of Power clarifies that the alleged missing N128bn pertains to 2022, before Minister Adelabu's tenure. It reaffirms commitment to transparency and cooperation with any probe.
SERAP Urges Probe of Missing N128bn Power Funds
SERAP calls on President Tinubu to investigate N128bn missing from the Power Ministry and NBET. The 2025 Auditor-General's report details alleged diversion. Read the full story.
N2.7 Trillion Spent on External Debt Service in Q2 2025
Nigeria's debt burden deepens as 45.2% of Q2 2025 revenue goes to servicing external loans. Experts warn of fiscal risks and crowding out of critical spending. Read the full analysis.
Diesel Prices Drop 2.57% Year-on-Year in Nigeria
NBS data shows a 2.57% year-on-year drop in diesel prices for November 2025. Discover which states paid the most and least for AGO.
Kidnappers collect ₦2.57bn ransom in one year
A new report exposes that kidnappers in Nigeria collected a staggering ₦2.57 billion in ransom from July 2024 to June 2025, with the Northwest as the epicentre. Discover the shocking scale of this criminal enterprise.
Nigeria's Q2 2025 External Debt Service Hits N2.70tr
Nigeria's external debt service consumed 45.2% of Q2 2025 revenue, as total public debt stock rises to N152.40 trillion. Experts warn of exchange-rate risks and financing conditions.
Air Peace, United Nigeria Top Flight Delay and Cancellation List
NCAA's Q3 2025 report reveals Air Peace had the most delays, while United Nigeria and Max Air led cancellations. See the full data on domestic airline performance.
Nigerian States With Lowest Petrol Prices Revealed
NBS data shows petrol prices fell 12.59% year-on-year in November 2025. See the top 10 cheapest states and the impact of NNPC and Dangote refinery price cuts.
Children Make Up 82% of IDPs in 11 States - NHRC
A new NHRC report reveals children are the majority of IDPs in Nigeria's security crisis. Read the shocking data and calls for urgent action.
Nigeria's Oil Revenue Falls 64% Short of Target in Q1 2025
The Federal Government's Q1 2025 budget report reveals a massive N8.21 trillion shortfall in oil revenue and a N3.04 trillion fiscal deficit. Discover the key figures and causes behind this critical shortfall.
Telecom Sector Faces Major Cybersecurity Threats in 2026
Cybersecurity firm Kaspersky predicts advanced persistent threats, DDoS attacks, and supply-chain risks will target Nigeria's telecom sector in 2026. Learn the key threats and mitigation strategies.
Children 82% of IDPs in 11 States - NHRC Report
A new NHRC report reveals children are 82% of 9,290 IDPs in 11 states, facing hunger and violence. The Commission urges action to domesticate the Kampala Convention and scale up child protection.
Yobe, Benue Top Nigeria's IDP List – NHRC Report
A new NHRC report reveals Yobe and Benue have the highest internally displaced persons in Nigeria, with children making up 82% of the 9,290 IDPs recorded. Read the full findings.
Why Nigeria's High-Quality Cassava Flour Market Remains Nascent
Despite policy support, Nigeria's High-Quality Cassava Flour market faces hurdles in quality, price & supply. A new report reveals a $35m market with potential to hit $1.18bn by 2030 if challenges are solved.
Auditor-General Flags N288bn INEC Irregularities
The 2022 Auditor-General's report reveals N288 billion in financial irregularities within INEC from 2018-2019, citing procurement flaws and undocumented payments. Read the full details and calls for accountability.
Autopsy Confirms Nollywood's Odira Nwobu Poisoned
The autopsy report for late Nollywood actor Odira Nwobu confirms poisoning as cause of death. Director Arthur Scott shares details, sparking fan reactions and investigation calls.
HEDA Faults Malami's Claim Against EFCC in Graft Trial
HEDA urges ex-AGF Malami to face corruption probe, not distract Nigerians. Group questions secrecy of Salami panel report, citing bias and targeted persecution. Read the full details.
UNICEF, WHO Warn of Child Health Catastrophe in Africa
UNICEF projects 1.8 million annual child deaths in Africa by 2040. WHO and UNAIDS warn of stalled HIV fight. Urgent political action and investment in primary healthcare are needed to avert disaster.
Gaza famine lifted after ceasefire aid influx, UN says
A UN-backed body says Gaza is no longer in famine due to increased aid after the October ceasefire. However, the situation remains fragile and could worsen. Read the full report.
Anambra Auditor-General Raises Alarm Over N750m
Anambra's Auditor-General reveals N750 million is unaccounted for in 2024, an improvement from N2.5bn in 2023. Experts call for transparency and citizen engagement to curb corruption.
Police DSP Dies by Suicide During Arms Probe in Niger
A Deputy Superintendent of Police in Niger State shot himself during an audit into missing AK-47 rifles and ammunition. Four officers arrested for negligence.
N750m Missing in Anambra, Auditor-General Raises Alarm
Anambra's Auditor-General reveals N750 million is missing from 2024 state funds, an improvement from N2.5bn in 2023. Experts call for transparency and citizen engagement to curb corruption.
Police Officer Fatally Shoots Himself During Arms Audit in Niger
DSP Abdullahi Isah dies after shooting himself during a routine arms audit in Minna. The officer was under investigation for illegal ammunition dealings. Full details inside.
Africa's Digital Payments Hit $2 Trillion, Nigeria Leads
A new report reveals Africa processed $2 trillion via instant payments in 2024. Nigeria's NIP system is rated highly, but fraud concerns remain a key barrier to wider adoption. Learn more.
Clean Energy Improves Lives of 1 Million Nigerians
A new report reveals strategic clean energy investments have powered over 230,000 Nigerian homes and businesses, improving health and economic prospects. Discover the impact.
Audit Bill Stalled in Senate Since 2023, Risks Public Funds
AdvoKC Foundation warns Nigeria's Senate delay on the Audit Service Bill, 2023, weakens financial oversight, enabling theft. Urges immediate passage to protect public money.
Onoh Urges Malami to Face EFCC, Not Seek Recusal
Denge Josef Onoh urges ex-AGF Abubakar Malami to face EFCC investigations instead of seeking the chairman's recusal, citing past "hypocrisy." Read the full details.
India Tops Global Doping List for Third Straight Year
India leads the world in doping violations for a third consecutive year, with 260 positive tests in 2024. This poses a major challenge as the country prepares to host the 2030 Commonwealth Games.
Senate Okays Bills to Modernise Audit, Establish Economists Institute
Nigeria's Senate passes the Federal Audit Service Bill 2025 and the Institute of Economists Bill, aiming to overhaul colonial-era laws and boost financial accountability. Awaiting presidential assent.
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