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  by Nse Anthony-Uko Nigeria’s earnings from Premium Motor Spirit exports rose more than sixfold year-on-year to N998.5bn in the first half of 2026, as increased production by the Dangote refinery and disruptions to global supply routes reshaped the country’s petroleum trade . Data from the National Bureau of Statistics (NBS), showed that African buyers accounted for N621.72bn, or more than 60 per cent, of the total value of Nigeria’s PMS exports during the period. In the second quarter alone, petrol exports were valued at N546.02bn, making PMS Nigeria’s seventh-largest export commodity. It ranked behind crude oil, valued at N12.91tn; jet fuel; natural gas; urea; other petroleum gases; and gas oil. The latest figures mark a sharp reversal for Nigeria, which was still heavily dependent on imported petrol barely a year earlier. In the first quarter of 2025, PMS did not feature among the country’s leading export products. During the same quarter, Nigeria spent N1.76tn importing petro...

As Nigeria’s 2023 general elections approached, Joshua Okoro stood before students in Ebonyi State and urged them to vote for David Umahi, then the state’s governor and a candidate for the Ebonyi South senatorial seat. Okoro, who was chairman of the National Association of Nigerian Students (NANS) Stakeholders Forum in Ebonyi State and coordinator of the Divine Mandate Students Campaign, was canvassing support for Umahi’s Ebonyi South senatorial seat. He urged the students to “vote wisely” and choose Umahi. “Your support and vote will be reciprocated in many ways,” Okoro told the students. At the time of the campaign, Okoro’s appeal appeared to be a routine show of political support. Umahi won the election, but the Senate seat would not hold him for long. He resigned from the Senate and became President Bola Tinubu’s Minister of Works, one of the most contract-heavy portfolios in the federal government. Months later, after Umahi became Minister of Works, a company led by Okoro began r...

  Nigeria Could Be Making ₦70 Trillion A Year From The Sea. So Why Are We Still Borrowing? When someone asks where Nigeria's money comes from, what is the first thing that pops into your head? Oil? Taxes? If we are being honest, maybe loans? Almost nobody thinks of THE SEA. But take a look at the map. Nigeria boasts one of the longest coastlines in West Africa. Rivers and creeks weave through much of our land, and we have bustling ports in Lagos, Port Harcourt, Onne, Warri, and Calabar. Ships arrive every day, bringing in the rice we eat, the cars we drive, and the phones in our hands. They also leave, carrying our crude oil aboard. Every one of those ships represents money for the owners, the crew, the insurers, the repair services, the financiers, and those who hold the cargo. The big question is: HOW MUCH OF THAT MONEY STAYS IN NIGERIA? World Maritime Day was recently celebrated, and I took some time to learn about a remarkable individual who has been asking that very question f...

  by Nicholas Dekera The chairman of Bungudu local government area of Zamfara State, Hon. Nura Abdullahi, has escaped from a bandits’ camp after 61 days in captivity. Abdullahi was abducted on July 25, 2026, when bandits attacked his residence in Bungudu town. He escaped in the early hours of Thursday alongside four other abductees . A close associate of the chairman and councillor representing Bungudu Council Ward, Hon. Anas, told LEADERSHIP Friday that the family had paid N200 million of the N400 million ransom demanded by the bandits, but they insisted on receiving the N200 million balance before releasing him. “ Though we paid N200 million, they were insisting that the balance of N200 million must be brought to complete the N400 million they demanded. But all thanks to Almighty Allah, he escaped with four people this morning (around 1a.m.). They were not released; that’s not true. They escaped miraculously ,” Anas said. He identified the other escapees as Abdurrahman Dantendu, ...