Nigeria’s September 2025 bond auction has stunned the markets, recording an eye-watering 530% oversubscription and signalling renewed investor confidence in the country’s debt instruments. Foreign and local investors alike scrambled for a piece of the issuance, with demand reaching ₦1.26 trillion against an offer of just ₦200 billion. Analysts say this level of interest is …
The Central Bank of Nigeria (CBN) has been indicted by the Office of the Auditor-General for the Federation (OAuGF) for failing to remit over ₦4.304 trillion to the Federation Account. According to the 2022 audit report by the OAuGF, the apex bank was listed alongside the Nigerian National Petroleum Company Limited (NNPC Ltd.), the Nigeria …
As Nigeria celebrated its 65th Independence anniversary on Wednesday, parades, fireworks, and official speeches hailing signs of economic recovery, but residents of the FCT insist the numbers do not reflect their everyday struggles The National Bureau of Statistics (NBS) reported that headline inflation had “slowed modestly”, with food inflation showing its first signs of easing …
Sixty-five years after independence, Nigeria’s hospitals still bear the scars of neglect, leaking roofs, broken equipment, and absent staff. While the nation celebrates its sovereignty, the health system meant to sustain its people remains dangerously fragile. Doctors, union leaders, and health advocates warn that decades of underinvestment, collapsing primary care, and recurrent strikes have left …
As Nigeria celebrates its 65th Independence anniversary, the Alliance for Economic Research and Ethics Ltd/Gte has warned that the nation’s economic recovery remains fragile, urging government at all levels to prioritise human capital development as the foundation for sustainable growth. In a statement signed by its Chairman, Dele Kelvin Oye, the Alliance noted that although …
The Nigerian government has declared Wednesday, October 1, 2025, a public holiday to commemorate Nigeria’s 65th Independence anniversary. Minister of Interior, Olubunmi Tunji-Ojo, who made the announcement on behalf of the Bola Tinubu administration, congratulated Nigerians at home and in the diaspora on the milestone. He urged citizens to uphold the values of patriotism, unity, …
The world’s tallest bridge, the Huajiang Grand Canyon Bridge, has been officially opened to traffic in southwest China’s Guizhou Province, marking a major milestone in the country’s fast-growing infrastructure network. Standing 625 meters above the Beipan River and stretching nearly 3 kilometers, the bridge cuts travel time across the canyon from two hours to just …
Dozens of farmers in Zambia’s Copperbelt region have taken Chinese-owned Sino-Metals Leach (SML) to court, accusing the mining company of polluting their land and water with toxic waste. The farmers, mostly from Kitwe, allege that a massive spill from SML’s waste dam in February released tens of millions of litres of hazardous material into their …
The Federal Capital Territory (FCT) Police Command has arrested five notorious bandits linked to a series of kidnappings across the North Central, North West, and North East regions, recovering a large cache of arms and ammunition in the process. The suspects, long on the wanted list of security agencies, were tracked down by the Police …
Tension gripped the headquarters of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) in Abuja this morning as workers were locked out of the premises. As of 8:45 a.m., scores of employees were seen milling around outside the building after security personnel shut the main gates, barring both entry and exit. The reason for the closure …
