A $3.5 billion agreement provides for the construction of a petrochemical plant on a 500-hectare site in Bonny, in Nigeria’s Rivers State. The memorandum of understanding was signed by Best Option Chemical Limited, Chinese company CNCEC and the landowner, with the support of the Rivers State investment promotion agency, reports BusinessDay.
Adefolaseye Adebayo, Nigeria Democratic Congress candidate for the Surulere I federal constituency, says a plot aims to prevent her party from taking part in Nigeria’s 2027 general elections. She made the allegation in a post on X on Saturday, the Daily Post reports.
The Central Bank of Nigeria is seeking to attract more Chinese capital to the country’s financial markets, notably to finance businesses and strengthen cross-border payments. Its governor, Olayemi Cardoso, discussed the cooperation after talks with his Chinese counterpart during the 2026 IMF and World Bank meetings in Bangkok, according to Leadership.
Nigeria’s under-17 women’s team lost 2-1 to Poland in Rabat in its first Group B match at the Under-17 Women’s World Cup. Nigeria will face Puerto Rico on 20 October and North Korea on 23 October, according to the tournament schedule reported by Beninwebtv.
Nigeria’s Finance Minister, Taiwo Oyedele, has ruled out reinstating subsidies on petrol imports, despite a recent fall in prices at petrol stations operated by the national oil company. He said the change had caused confusion among investors and financial institutions, according to RFI.
Mining Marshals commander John Onoja Attah denies that his unit took part in the 16 September operation in Minna linked to miners’ deaths. He says the suspended Niger State commander could not deploy the officers, as a commission investigates the operation, according to the NSCDC.
Emmanuel Omuojine, managing director of Rainoil, believes modular refineries can strengthen fuel supply security in Nigeria. At an energy conference in Lagos, he also called for market-set prices to boost competition, according to Punch.
Nigerian actor Abayomi Alvin says acting income is not always enough to fulfil all his ambitions. He explains that social media have given him greater creative control and made it easier to develop businesses in real estate and other sectors, according to an interview with Sunday Scoop.
The European Union plans €20 million in defence aid to support the Nigerian army in tackling insecurity, Defence Minister Christopher Musa announced. A European technical team is due in Abuja in November to prepare the implementation of the assistance, which is part of EU-Nigeria security cooperation.
Nigeria’s Taraba State recorded the country’s lowest annual inflation rate in September, at 1.8%, according to consumer price index data. The ranking comes as national inflation fell to 14.63%, while food inflation reached 19.59%, reports Pmnewsnigeria.
Nigerian President Bola Tinubu presented young people as the country's main asset when he launched construction of an international centre dedicated to their empowerment and intercultural dialogue. Located at Obafemi Awolowo University in Ile-Ife, Osun State, the centre is intended to promote skills development, entrepreneurship and mentoring, according to remarks by Tinubu reported by Vanguard.
Nigeria’s U17s were eliminated from the WAFU-B championship after drawing 1-1 with Ivory Coast in Ouagadougou, Burkina Faso. With just one point from two matches, the Golden Eaglets will miss the 2027 U17 Africa Cup of Nations in Morocco, Daily Trust reports.
Nigeria’s Minister of the Federal Capital Territory, Nyesom Wike, says continuing the economic reforms launched by President Bola Tinubu is essential to the country’s recovery. He defended the policy during a political consultation in Rivers State, according to Vanguard.
The African Democratic Congress is asking President Bola Tinubu to explain a $12.4 billion discrepancy in Nigeria’s external accounts. The World Bank links the gap in part to oil revenues not repatriated, while the party is seeking information on the management of revenues, according to Vanguard.
The Maldives, Lebanon, Timor-Leste and Cambodia are presented as Asian destinations where Nigerian passport holders can benefit from entry arrangements without obtaining a visa before departure. Conditions vary by country and may include a valid passport, accommodation booking, return ticket and proof of funds, according to 2026 travel information cited by Vanguard.
Clemens Westerhof, former coach of Nigeria’s Super Eagles, is hospitalised in the Netherlands after being diagnosed with colon cancer, according to his wife Lillian. His condition is described as critical and his family is considering transferring him to a facility in Amsterdam or Germany, she said in a message on Instagram.
The Plateau State Council of the Nigeria Union of Journalists is calling on voters to collect their Permanent Voter Cards before the 2027 general elections. It is asking the media, political parties and civil society organisations to intensify awareness campaigns and encourage peaceful participation, according to Businessday.
An explosion on a Nigerian National Petroleum Corporation gas pipeline injured people and damaged several homes and businesses in Aleto, Rivers State, Nigeria. The company isolated the affected pipeline and is coordinating the response with petroleum authorities, security services and local emergency responders, according to the NNPC.