Presidency, Makinde at ‘war’ over N250bn NLNG dividend
The Presidency said ‘Makinde’s latest claim that the federal government is withholding the NLNG dividend windfall is false and should be disregarded.’
latest news
07:11 am
Gas marketers push for safer, smarter, more compliant LPG operations
By Sebastine Obasi The Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM) has called on industry operators to prioritise safety, regulatory compliance and digitalisation to drive sustainable growth in Nigeria’s liquid petroleum gas (LPG) sector. The call was made at its 2026 webinar last week with the theme; “Downstream LPG Operational Excellence and Compliance,” which […]
06:45 am
Dollar to Naira exchange rate today, October 19, 2026
The dollar-to-naira exchange rate opened the new trading week on Monday, October 19, 2026, with the official Nigerian Foreign Exchange Market (NFEM) rate around ₦1,333.54 per dollar, according to available exchange-rate data.
05:38 am
Electricity: Geometric Power puts Aba ahead of Nigerian cities
By Emma Ujah, Abuja Bureau Chief For decades, unreliable electricity supply has undermined Nigeria’s industrial growth, forcing businesses to close, driving up production costs and making life increasingly difficult for households. From textile mills in Kaduna, Kano, Lagos and Onitsha to vehicle assembly plants, tyre factories and footwear manufacturers, several once-thriving industries have struggled or […]
06:11 am
FG disagrees with World Bank over H1 124% debt servicing/revenue ratio
The bank in its recent Nigeria Development Update (NDU) reported that federal government debt servicing was 124 percent above its revenue.
05:23 am
FG turns to bonds to tackle N6trn debt
With the Federal Government’s debts to power generation companies hitting the N6 trillion mark at the end of 2025, the government has gone to the bond market to raise funds to make up for its inability to fund electricity subsidies from the national budget. NERC, in its 2025 industry report, put the Federal Government’s gross […]
05:18 am
2027: I won’t step down for ADC, Kwankwaso declares
Senator Rabiu Musa Kwankwaso, vice-presidential candidate of the Nigeria Democratic Congress, NDC, has ruled out withdrawing from the 2027 presidential race in favour of the African Democratic Congress, ADC, declaring that the opposition party offers no better alternative to the ruling All Progressives Congress, APC.
05:15 am
Presidency, Makinde at ‘war’ over N250bn NLNG dividend
The Presidency said ‘Makinde’s latest claim that the federal government is withholding the NLNG dividend windfall is false and should be disregarded.’
05:09 am
DisCos’ revenue rises 450% as debt profile hits N700bn
Supply grows by 4.8% Available plant capacity falls by 41% 13 years of privatisation yield little results FG turns to bonds to tackle N6trn debt Power supply has improved, Power Minister insists Consumers, experts react Revenue collected by Nigeria’s electricity Distribution Companies (DisCos) rose by about 450 per cent in eight years, from N218.16 billion […]
04:57 am
Despite inflation trend down, stocks sustain losses amid selling pressure
The Nigerian Exchange Limited, NGX dropped further Week-on-Week, WoW, amid selling pressure across sectors despite the fourth consecutive month of decline in headline inflation rate for the month of September 2026. Specifically, the NGX market capitalisation, which represents the total value of equities listed on the Exchange, dropped to N260.725 trillion last Friday from N161.260 […]
07:08 am
Imo NYSC kidnapping: We demand answers
On October 1, gunmen attacked two buses near Umunoha on the Owerri-Onitsha Road in Imo State, abducting 20 prospective National Youth Service Corps (NYSC) members and another passenger travelling from Ibadan to orientation camps. After seven days in captivity, all 21 were freed on October 7, 2026. Their release was welcome, yet many questions remain […]
Politics
2027: I won’t step down for ADC, Kwankwaso declares
Senator Rabiu Musa Kwankwaso, vice-presidential candidate of the Nigeria Democratic Congress, NDC, has ruled out withdrawing from the 2027 presidential race in favour of the African Democratic Congress, ADC, declaring that the opposition party offers no better alternative to the ruling All Progressives Congress, APC.
More News
Dollar to Naira exchange rate today, October 19, 2026
The dollar-to-naira exchange rate opened the new trading week on Monday, October 19, 2026, with the official Nigerian Foreign Exchange Market (NFEM) rate around ₦1,333.54 per dollar, according to available exchange-rate data.
Metro
Economy: Roadside restaurants drop food quantity, forcing customers to cut budgets
“Our customers’ pockets are dwindling, so we must give them what their money can buy, even if it is just a few spoons"
Entertainment
I’ve been diabetic since 1996 – Actor Jide Kosoko
Veteran Nollywood actor Jide Kosoko has revealed that he has been living with diabetes since 1996, saying his years of experience with the condition have helped him understand his health better.
![[Video] Have Your Say: What can 10k do for you in Nigeria today?](https://cdn.vanguardngr.com/wp-content/uploads/2026/10/Screenshot_20261006_101053_YouTube.jpg?auto_optimize=low&width=350)
ICYMI
France burns: 143-yr-old City Hall destroyed as cost-of-living protests turn violent
By Nkiruka Nnorom with agency reports France is reeling under the most violent protests in decades after the historic town hall of Limoges, a 19th-century landmark that survived two World Wars, was largely destroyed Saturday night, after masked protesters set it ablaze during nationwide demonstrations against the high cost of living. Footage showed the moment […]
Business
Gas marketers push for safer, smarter, more compliant LPG operations
By Sebastine Obasi The Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM) has called on industry operators to prioritise safety, regulatory compliance and digitalisation to drive sustainable growth in Nigeria’s liquid petroleum gas (LPG) sector. The call was made at its 2026 webinar last week with the theme; “Downstream LPG Operational Excellence and Compliance,” which […]
Sports
Mbappe scores brace as Real Madrid thrash Sevilla 4-1
Kylian Mbappe scored twice including one brilliant individual goal as Real Madrid thrashed Sevilla 4-1 on Sunday to climb into third in La Liga.
Special Report
Donald Duke: From Cross River record to PRP’s 2027 presidential gamble
His political reputation was shaped by the development agenda pursued in Cross River – Tourism, infrastructure and institutional reforms
Buba Musa: Little-known name carrying PRP’s VP ticket
Musa’s greatest political asset may ultimately be what the public does not yet know about him — provided the campaign can turn that uncertainty into discovery
Seyi Makinde: Can APM presidential candidate ‘travel’ beyond South-West?
Makinde was learning that money, professional reputation and personal ambition could open the door to politics, but they could not by themselves command its machinery
Patience Ndidi Key (PNK): YPP vice presidential candidate positioning as visionary leader, change agent
Patience has worked with U.S. Congress members to address insecurity and human rights abuses in Nigeria. Also led a delegation to educate students at the U.S. War College
Technology
Vanguard correspondent, 27 others win UK MEET fellowship
The organisers said: “Your application stood out for its track record of reporting, a clear point of view, and a pitch with a question worth answering.”
Anthropic proposes law regulating AI to US lawmakers
Anthropic, the creator of the AI assistant Claude, confirmed on Friday it is circulating a draft bill among US lawmakers aimed at regulating artificial intelligence to address the lack of federal legislation on the risks posed by the new technology.
AI is coming for every company, says Nvidia boss
Artificial intelligence will ultimately become a key aspect of all companies, the head of AI chip giant Nvidia said during a visit to Stockholm, where he urged Europe to ramp up its AI industry.
Why many Nigerians spend more on phone repairs than buying new phones
By Miracle Onyemuwa The rising cost of smartphones in Nigeria is forcing more consumers to repair damaged devices rather than replace them with new ones. This is more so, as inflation and the depreciation of the naira continue to push phone prices higher. At Computer Village, Ikeja, phone repair shops are seeing increasing numbers of […]
Education
JHU proposes new model for training Nigeria’s public servants
By Elizabeth Osayande LAGOS: James Hope University, Lagos, is pushing a new model of collaboration between academia and government to strengthen public-sector capacity in Nigeria, beginning with an exploratory meeting with the Lagos State Ministry of Information and Strategy. The postgraduate-only university, the first of its kind in Lagos State, is proposing capacity-building, joint research, […]
How Artificial Intelligence is changing education, careers — Experts
By Adesina Wahab Experts in education and technology sectors have emphasised the need for policymakers, administrators, teachers and learners to keep abreast of the changes the use of Artificial Intelligence, AI, is bringing to the education sector and the ways it is changing the careers of people. They spoke in Lagos at StudyIn Global Study […]
ABUAD: Canadian, US varsities to award Afe Babalola honorary law degrees
…Varsity to honour Cavista Holdings chairman, two others as 286 students bag first-class degrees By Rotimi Ojomoyela ADO-EKITI — The Founder and Chancellor of Afe Babalola University, Ado-Ekiti (ABUAD), Aare Afe Babalola, will receive honorary Doctor of Laws degrees from two foreign universities as the institution prepares to graduate 2,194 students at its 14th convocation […]
4-year courses must end in 4 years, Alausa tells varsities
The federal government has pledged to honour its agreements with tertiary institution workers, declaring that Nigerian students must no longer lose precious academic years to strikes triggered by unfulfilled government commitments.