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FG Opens Sale of Short-Term Bonds to Boost Economy

04.06.2025
The Federal Government of Nigeria, through the Debt Management Office, has opened a new window for subscription to its Federal Government of Nigeria Savings Bonds, offering attractive interest rates to retail investors for the month of June. According to details released by the DMO, the offer includes a two-year savings bond due June 11, 2027,...
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N70bn Raised via PPP to Address Nigeria’s Housing Deficit

04.06.2025
Critical reforms are underway as Nigeria’s housing sector grapples with issues such as inadequate supply, land tenure complexities, and limited access to affordable financing. The Minister of Housing and Urban Development, Ahmed Dangiwa, explains how these challenges are addressed through the Renewed Hope Housing Programme, land reform initiatives, and efforts to deliver accessible housing to...
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Market Growth Soars as Index Hits 111,000 Points

04.06.2025
The Nigerian capital market has witnessed a transformation under President Bola Tinubu’s administration, with analysts citing growth in both the primary and secondary segments of the market. Key policy reforms, including foreign exchange deregulation, removal of fuel subsidies, and the recent banking sector recapitalisation, have been credited with fuelling this momentum, writes TEMITOPE AINA 2023-2025...
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CNG Investments Reach $500m as 50,000 Vehicles Converted

04.06.2025
The Presidential Compressed Natural Gas Initiative, an agency of the Federal Government, has revealed that Nigeria’s push towards alternative transportation fuels has attracted over $500m in investments and converted more than 50,000 vehicles to run on Compressed Natural Gas within its first year. Dismissing a media report that claimed a slow rollout of CNG infrastructure...
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Power Council Urges Subsidies for Vulnerable Nigerians

04.06.2025
The Federal Government’s push to implement cost-reflective electricity tariffs for all consumers has received the backing of state governments. This follows a resolution by the National Council on Power, a forum of federal and state government stakeholders, which reaffirmed the urgent need for tariff reform while advocating for carefully designed subsidies to cushion the impact...
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FG Projects N880bn Yearly for Road Maintenance Nationwide

04.06.2025
The Federal Government must spend about N880bn annually for the maintenance of the federal road network nationwide, the Minister of State for Works, Mohammed Goroyo, declared on Monday. This came as the Managing Director of the Federal Road Maintenance Agency, Chukwuemeka Abbasi, disclosed that the template for deducting the road user charge from the prices...
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CBN Recapitalisation Deadline for BDCs Remains June 3

04.06.2025
The Association of Bureau De Change Operators of Nigeria says that the Central Bank of Nigeria’s June 3 recapitalisation deadline for Bureau De Change (BDC) operators remains sacrosanct. ABCON President, Dr Aminu Gwadabe, said this in an interview with the News Agency of Nigeria in Lagos after a stakeholders meeting with CBN. NAN reports that...
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PayPal Launches Credit Card to Expand In-Store Reach

04.06.2025
PayPal Holdings Inc. is set to launch a new credit card as part of its strategy to strengthen its presence in physical retail locations. The card, issued by Synchrony Financial, will expand PayPal’s lineup of financial products, which already includes a long-standing debit card and a 3% cash-back credit card. The California-based company said the...
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Presidency Moves to Settle N2tn Power Debt Crisis

04.06.2025
The Presidency has begun internal approval processes to resolve the N2tn legacy debt owed to electricity generation companies before the end of the coming quarter, as part of efforts to stabilise Nigeria’s power sector. A representative of the Special Adviser to the President on Energy, Eriye Onagoruwa, disclosed this on Monday at the second Nigerian...
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I apologise for saying no heaven without tithe – Adeboye

04.10.2024
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

04.10.2024
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Man who asked Tinubu to resign admitted in psychiatric hospital

04.10.2024
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...

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