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FG raises N596bn from medium-term FGN bond auction

The Federal Government of Nigeria has issued N596bn in medium-term bonds, comprising a five-year 17.945 per cent FGN bond maturing in August 2030 and a seven-year 17.95 per cent FGN bond maturing in June 2032. The bonds were offered at an auction held on 15 December 2025, with settlement scheduled for 17 December 2025. Investors...
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Women bankers push for 40% representation on bank boards

The Association of Professional Women Bankers has renewed its call for increased female representation on the boards of Nigerian banks, urging the industry to raise women’s inclusion from the current 30 per cent to at least 40 per cent. The call was made at APWB’s end-of-year wellness and networking event, Fit to Lead, which brought...
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Sunbeth scores strong global credit ratings from GCR

Sunbeth Global Concepts Limited has been assigned national scale ratings of BBB+ long-term and A2 short-term, with a Stable Outlook, by Global Credit Ratings, now part of Moody’s global network. In a statement made available to our correspondent on Monday, the rating recognises Sunbeth’s financial strength and operational credibility within Nigeria’s agribusiness sector. GCR highlighted...
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FG & Microsoft Train 350,000 Nigerians in AI Skills

Microsoft and the Federal Government have announced that over 350,000 Nigerians have now been trained in artificial intelligence skills under the AI National Skills Initiative, a programme designed to equip the workforce for a digital economy. The milestone, unveiled at a Lagos press conference on Tuesday, underscores Nigeria’s efforts to cultivate talent capable of driving...
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Hisell unveils SME sales platform to simplify business

An e-commerce platform, Hisell Technology, has launched to help small businesses integrate sales and marketing tools on a single platform and address operational challenges associated with running digital businesses. In a statement on Tuesday, the company said the platform allows business owners to manage product listings, customer communication, payments, and marketing activities from one dashboard,...
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OmniPay Honours Distributors with New Payment Solutions

OmniPay honoured distributors on its platform and introduced new payment and trade support solutions at its first Distributors’ Gala Night and Awards 2025. The event, held under the theme “Together We Grow”, brought together distributors, partners and company executives to recognise the role of distributors in Nigeria’s supply chain. Speaking at the event, OmniPay’s Business...
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Year-End Festivities May Spike Inflation, Experts Warn

Experts have said that inflation may witness a resurgence in December due to the year-end festivities. This was disclosed in multiple analysts’ reports issued on Monday. This projection comes on the heels of the November 2025 inflation figure, which trended downwards for the seventh consecutive month. In November, the headline inflation rate eased to 14.45...
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NDIC Pays Aso & Union Homes Depositors Up to N2m

The Nigeria Deposit Insurance Corporation has announced that depositors of Aso Savings and Loans Plc and Union Homes Savings and Loans Plc will be paid their insured deposits of up to N2 m per depositor. This was disclosed in a statement issued by the Corporation on Tuesday following the Central Bank of Nigeria’s revocation of...
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2026 to Test Nigeria’s Economic Reforms: Proshare Report

The experts at the financial and economic intelligence platform, Proshare, have warned that 2026, being a pre-election year, will test the strength of recent economic reforms and shape the country’s medium-term growth trajectory, even as it projects a cautious path to recovery. The assessment is contained in Proshare’s Economic Outlook Report 2026, titled ‘Hope and...
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Mandilas marks 75 years, commits to Nigerian economy

Mandilas Group has restated its commitment to the development of the Nigerian economy as it marked its 75th anniversary with a Christmas concert jointly organised by the company and the Musical Society of Nigeria at the MUSON Centre in Lagos. At the concert, the Executive Vice Chairman of Mandilas Trust Co. Ltd, Mrs Ola Ayo-Adeloye,...
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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...