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Enugu Rep, Others Dump LP For APC

A member of the House of Representatives elected on the platform of the Labour Party (LP) Sunday Umeha has defected to the All Progressives Congress (APC). Umeha, who represents Udi/Ezeagu in Enugu State, announced his defection in IbagwaAka in the Igboeze South Local Government Area at the weekend. He said he decided to leave the...
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Analysts raise concerns over Nigeria’s rising debt

Financial analysts at Afrinvest have raised fresh concerns over Nigeria’s ballooning public debt, projecting that the country’s total debt stock could hit N180tn by the end of 2025 if the current fiscal trends persist. This projection is contained in the latest Afrinvest Weekly Market Report, which reviewed key insights from the World Bank’s Nigeria Development...
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T-bills, bonds, Eurobonds record decline – Report

The fixed income market closed the week on a bullish note, with yields across the T-bills, local bonds, and Eurobond segments experiencing a broad-based decline, according to a recent report by Meristem Securities. In the Treasury bills segment, the secondary market maintained a bullish trajectory, as average yields declined by 5 basis points to 20.84...
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Zamfara: ZSUBEB, UNICEF Partner To boost school mgt capacities

In a significant step towards improving educational standards in Zamfara State, the Zamfara State Universal Basic Education Board (ZSUBEB) in collaboration with the United Nations Children’s Fund (UNICEF), has organised a comprehensive training session for SchoolBased Management Committees (SBMC) and Center-Based Management Committees (CBMC) on effective utilization of grants for schools. In his remarks at...
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Push for financial inclusion gains fresh momentum

Central Bank of Nigeria aims to provide Nigerians in the diaspora with seamless financial services at home while intensifying its inclusion efforts, writes FELIX OLOYEDE Nigeria has recorded notable progress in its financial inclusion efforts, with access rising from 56 per cent in 2020 to 64 per cent in 2023, according to Enhancing Financial Innovation...
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FX reform, others grow govt revenue to N12tn – W’Bank

The Federal Government’s revenue rose by 82.4 per cent from N6.8tn in 2023 to N12.4tn in 2024, driven by the unification of the foreign exchange rates, enhanced tax administration, and reforms in treasury remittances, the World Bank has said. The development represents a N5.6tn increase in federally collected revenue and a significant rise in the...
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Top 15 News Roundup For Latest Nigeria News May 19

Here is New Telegraph’s news roundup of the top 15 latest Nigerian news making headlines today Monday, May 19, 2025 2027: Nobody Has Better Chances In Defeating Tinubu – Yakasai Former Liaison Officer to President Shehu Shagari and human rights activist, Alhaji Tanko Yakasai, has declared that nobody has better chances of defeating President Bola Tinubu...
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NPA, terminal operator rehabilitate 970m of Apapa quay apron

The APM Terminals Apapa, in collaboration with the Nigerian Ports Authority, has completed 970 meters of quay apron surface in Apapa. In a statement on Sunday, APMT described the project as a critical infrastructure initiative aimed at improving operational safety, sustainability, and efficiency at Nigeria’s busiest container terminal. According to the Terminal Manager of APMT,...
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I apologise for saying no heaven without tithe – Adeboye

The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, has apologised for saying that Christians who don’t pay tithe might not make it to heaven. Adeboye who had previously said that paying tithe was one of the prerequisites for going to heaven, apologised for the comment while addressing his congregation Thursday...

Protesters storm Rivers electoral commission, insist election must hold

Angry protesters on Friday stormed the office of the Rivers State Independent Electoral Commission, singing and chanting ‘Election must hold’. They defied the heavy rainfall spreading canopies, while singing and drumming, with one side of the road blocked. The protest came after the Rivers State governor stormed the RSIEC in the early hours of Friday...

Man who asked Tinubu to resign admitted in psychiatric hospital

The Adamawa State Police Command has disclosed that the 30-year-old Abdullahi Mohammed who climbed a 33 kv high tension electricity pole in Mayo-Belwa last Friday has been admitted at the Yola Psychiatric hospital for mental examination. The Police Public Relations Officer of the command SP Suleiman Nguroje, told Arewa PUNCH on Friday in an exclusive...