Top News In Nigeria This Morning – Thursday, March 26, 2026

Here is a summary of the top news stories in Nigeria for this morning, Thursday, March 26, 2026, which you can use for your updates.

APC “Consensus” Plot Sparks Debate: Ahead of the APC National Convention scheduled for tomorrow and Saturday (March 27–28), the party has confirmed it will use a “consensus” model to select its national leadership. This move, aimed at ensuring unity, has drawn criticism from those who argue it stifles internal democracy. Meanwhile, North Central stakeholders have already moved a motion to affirm President Bola Tinubu as the party’s sole candidate for the 2027 presidential election.
PDP Factions Resume Peace Talks: The two main factions of the Peoples Democratic Party (PDP) have reportedly “broken the ice” and resumed reconciliation efforts. This push for unity is being championed by a bloc led by FCT Minister Nyesom Wike, as the party prepares for its own national convention later this month.

Massive Bond Offer: The Federal Government, through the Debt Management Office (DMO), has opened subscriptions for ₦750 billion worth of FGN bonds for March 2026. The funds are intended to help finance the budget deficit.
Naira Holds Steady: The Naira showed relative stability in early morning trading today, opening at approximately ₦1,385 per Dollar on the official market and trading around ₦1,415 on the parallel market. Analysts attribute this to improved foreign exchange inflows, which rose 45% month-on-month.
FCT ₦2.2 Trillion Budget: The Senate has passed the second reading of the ₦2.2 trillion 2026 Appropriation Bill for the Federal Capital Territory, with a heavy focus on infrastructure and social services.

Embassy Spy Trial: A Federal High Court in Abuja has granted an accelerated hearing for three suspects accused of spying on the U.S. and Israeli embassies in Nigeria for Iranian interests. One suspect reportedly admitted to involvement in surveillance and weapon handling.
Gunmen Attack Kwara Communities: In a series of daring attacks in Oro-Ago, Kwara State, gunmen killed a popular vigilante member and a local hunter. The attackers also vandalized a divisional office of the NSCDC and looted a PoS shop.

$13 Million Forfeiture: A Federal High Court ordered the final forfeiture of $13 million linked to businesswoman Aisha Achimugu and her firm, Oceangate Engineering, after they failed to prove the funds were legitimately earned.
MacArthur Foundation Initiative: The foundation has launched “Nigeria Next,” a new project aimed at empowering young people through digital inclusion and economic opportunities, building on its previous “On Nigeria” anti-corruption work.