Author: Editor
The remains of former President Muhammadu Buhari were interred at his residence in Daura, Katsina State. Crowds gathered to pay their respects as officials highlighted his decades‑long role in national life. Commentators noted that assessments of his legacy remain deeply polarized.Source: https://www.reuters.com/world/africa/nigeria-bids-farewell-former-leader-buhari-with-burial-home-state-2025-07-15/
Nigeria’s former president Muhammadu Buhari, who led from 2015 to 2023 and previously ruled as a military leader in the 1980s, died in London after an illness. Reactions spanned tributes and criticism of his record on security, the economy, and civil liberties. Arrangements were announced for burial in his hometown of Daura, Katsina State.Source: https://www.reuters.com/world/africa/nigerias-former-president-buhari-dies-london-presidency-says-2025-07-13/
Nigeria obtained a $747 million syndicated facility led by Deutsche Bank to finance the first 47.5 km of the planned 700 km Lagos–Calabar coastal highway. Officials say the eight-year project aims to strengthen logistics, tourism and regional trade. Supporters tout the loan as the largest of its kind for a Nigerian road project, while critics urge transparent procurement and environmental safeguards along the corridor.Source: https://www.reuters.com/world/africa/nigeria-secures-747-million-deutsche-bank-led-syndicated-loan-coastal-highway-2025-07-10/
Following its 2025 policy meeting, JAMB fixed the minimum cut‑off for universities at 150, with additional benchmarks for other tertiary categories, and reaffirmed a minimum age of 16 for admission. Officials say the policy aims to balance standards and student readiness, while institutions retain autonomy to set higher program‑specific thresholds.Source: https://punchng.com/2025-admissions-jamb-sets-150-benchmark-bars-under-16/
Indigenous operators are expanding their footprint by acquiring onshore and shallow‑water assets divested by international majors. Green Energy launched a locally built onshore terminal at Otakikpo; Conoil shipped its first Obodo crude; and Renaissance outlined multi‑year investment plans. Security costs and aging infrastructure remain headwinds, but policymakers see scope to lift national output significantly.Source: https://www.reuters.com/business/energy/local-firms-drive-new-growth-phase-nigerias-oil-sector-2025-06-03/
Trading sources said the Dangote refinery booked at least five million barrels of U.S. WTI crude for July delivery, extending record purchases seen in June. The 650,000 bpd complex is gradually scaling operations and testing grades, with import volumes adjusting as units ramp up and undergo maintenance.Source: https://www.reuters.com/business/energy/nigerias-dangote-refinery-continues-wti-buying-spree-july-2025-05-30/
TotalEnergies agreed to sell its 12.5% stake in the offshore Bonga oilfield to Shell for $510 million, raising Shell’s interest to 67.5% pending approvals. Partners plan an expansion designed to add roughly 110,000 boe/d before decade’s end. The deal follows a broader reshaping of portfolios as majors exit onshore assets while doubling down on offshore projects.Source: https://www.reuters.com/business/energy/totalenergies-sell-bonga-field-interest-510-million-2025-05-29/
The Nigeria Football Federation appointed Eric Chelle as head coach of the men’s national team, tasking him with reviving World Cup qualifying prospects and preparing for AFCON qualifiers. Chelle, formerly of Mali, inherits a talented but inconsistent squad seeking stability after a turbulent year of managerial changes.Source: https://www.reuters.com/sports/soccer/nigeria-appoint-ex-mali-boss-chelle-new-national-team-coach-2025-01-08/