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FG lists N260bn bonds for October auction

The Federal Government of Nigeria, through the Debt Management Office, has announced the listing of N260 bn worth of bonds for subscription at its October auction. The offer, which opened on Monday, October 27, 2025, comprises a “N130bn 17.945 per cent Federal Government of Nigeria August 2030 bond (five-year reopening) and a N130bn 17.95 per...
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Oyedele defends Nigeria tax reform against investor fears

Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has dismissed media reports suggesting that foreign investors expressed “frustration and unease” over Nigeria’s new capital gains tax (CGT) reform. He described the claims as “mischaracterisations” that mislead the public and distort facts. His reaction stemmed from a virtual call, as reported,...
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CEOs urged to unite for AfCFTA continental growth

The President of the Africa CEO Club, Fatoumatta Gaye, has called on African investors and business leaders to deepen collaboration and build stronger intra-African partnerships that would accelerate the continent’s economic transformation under the African Continental Free Trade Area framework. In a statement issued on Monday in Abuja, Gaye said true continental development would only...
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FG seeks partners for mineral exploration in Nigeria

The Federal Government has called for stronger collaboration with the private sector to unlock the full potential of Nigeria’s vast mineral resources and drive sustainable growth in the solid minerals sector. The Permanent Secretary, Ministry of Solid Minerals Development, Faruk Yabo, made the call on Monday in Abuja while declaring open the 4th International Conference...
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Ex-NERC chair warns against amending Electricity Act 2023

Former Chairman of the Nigerian Electricity Regulatory Commission, Sam Amadi, has cautioned against hasty moves to amend the Electricity Act 2023, warning that such a move could derail the progress made in building a stable and competitive electricity market. Amadi spoke as a guest speaker at the 10th Anniversary celebration of the Association of Power...
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Building collapses in Nigeria: 679 incidents, 1,639 deaths

The number of building collapse incidents in Nigeria has risen to 679, claiming at least 1,639 lives, according to a report by the Building Collapse Prevention Guild. According to the Guide, the first recorded building collapse in Nigeria occurred in October 1971 in Oyo State, where a multi-storey building collapsed due to excessive loading, killing...
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Seplat energy JV empowers Edo, Delta students with N18m

The Seplat Energy Plc, in partnership with its Joint Venture partner, the NNPC Exploration and Production Limited, has empowered Edo, Delta students with N18 m. The firm made the disclosure shortly after the grand finale of the 2025 edition of the PEARLs Quiz competition for secondary schools across Edo and Delta States on Saturday in...
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PINL offers free pipeline surveillance on assets near TNP

Pipeline Infrastructure Nigeria Limited, a pipeline surveillance firm, says it has expanded its operations ‘pro bono’ to include all oil and gas facilities in close proximity to the Trans Niger Pipeline.  PINL operates on the eastern corridor of the Trans Niger Pipeline, but it decided to provide the free services in the interest of national...
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Ogoni cleanup project: mangrove restoration nears completion

The Hydrocarbon Pollution Remediation Project said it has achieved 94 per cent completion in the first phase of the mangrove restoration programme. Also, the body said significant progress has been recorded in land and shoreline remediation activities across Ogoniland. HYPREP Project Coordinator, Prof Nenibarini Zabbey, disclosed this during the third quarter interactive session with Ogoni...
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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...