CBN Raises N8.99trn from T-Bills In Seven Months As 91-Day Rate Falls To 15%

The Central Bank of Nigeria (CBN) raised about N8.99 trillion through Treasury Bills (T-Bills) in the first seven months of 2025, reflecting strong investor appetite for naira assets amid persistent inflationary pressures. The amount represents a 4.1% decline compared to N9.39 trillion

by News Editor

August 25, 2025

Politics·Headlines

PDP Zoning Formula Unveiled As NEC Receives Committee Report Today

The zoning formula of the Peoples Democratic Party (PDP) has taken shape ahead of today’s 102nd National Executive Committee (NEC) meeting in Abuja, where members will receive the official report of the party’s zoning committee. The tenure of the current National Working

by News Editor

August 25, 2025

News Update

APC Members Defect To ADC In Sokoto

Dozens of members of the All Progressives Congress (APC) in Gada Local Government Area of Sokoto State have defected to the African Democratic Congress (ADC). The new members were formally received on Sunday by Senator Abubakar Gada, a prominent leader of the

by News Editor

August 25, 2025

Politics·Headlines

PDP: North-Central, North-West In Tussle Over National Chairmanship

As the Peoples Democratic Party (PDP) prepares for its 102nd National Executive Committee (NEC) meeting in Abuja today, fresh tension has emerged between the North-Central and North-West zones over which region should produce the party’s next national chairman. According to Naija News,

by News Editor

August 25, 2025

Economy·Headlines·News·Politics

Ojulari Warns Reserves Alone Can’t Deliver Growth, Ojulari Warns, Calls for Targeted Gas Reforms

Group Chief Executive Officer of the Nigerian National Petroleum Company (NNPC) Limited, Bayo Ojulari has said that Nigeria must move beyond simply showcasing its vast gas reserves to addressing deeper structural challenges, execution capacity, infrastructure gaps, and human capital development if it

by News Editor

August 25, 2025

Economy·News Update·Politics

NLC Demands Suspension Of Political Salary Review, Says Move Will Deepen Poverty

The Nigeria Labour Congress (NLC) has urged the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) to suspend its plan to raise salaries for political office holders, describing the proposal as “insensitive, unjust, and inequitable.” In a statement on Sunday, NLC President, Comrade

by News Editor

August 25, 2025

Economy·Headlines·News·News Update

IPMAN Sets Up Task Force To Curb Fuel Pump Fraud

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has unveiled new measures to tackle fuel pump manipulation and other sharp practices at filling stations. Chairman of the Enugu unit, Chinedu Anyaso, disclosed this in Enugu on Sunday after the association’s 2025 Annual

by News Editor

August 25, 2025

Economy·News·News Update

Federal Government Endorses 2024–2027 Debt Strategy To Sustain Fiscal Stability

The Federal Government has approved Nigeria’s Medium-Term Debt Management Strategy (MTDS) for 2024–2027, a framework aimed at promoting debt sustainability, strengthening fiscal stability, and further developing the domestic securities market. The Debt Management Office (DMO) announced the approval in a statement on

by News Editor

August 25, 2025

News Update

Eno Says Akwa Ibom PAs Earn At Least ₦1m Monthly

Akwa Ibom State Governor, Umo Eno, has dismissed suggestions that his political aides earn meagre wages, clarifying that his Personal Assistants (PAs), the lowest-ranking among his numerous appointees receive not less than ₦1 million each month. He made the disclosure on Saturday

by News Editor

August 25, 2025

Politics·Headlines

Don’t Replace Shettima In 2027, APC Forum Tells Tinubu

The North-Central All Progressives Congress (APC) Forum has cautioned President Bola Tinubu against replacing Vice President Kashim Shettima as his running mate in the 2027 elections, warning that such a decision could weaken northern Muslim support for the party. The warning was

by News Editor

August 25, 2025

Politics·Headlines·News

PDP Governors Predict APC’s Defeat In 2027, Vow To Safeguard National Convention

The Peoples Democratic Party Governors’ Forum (PDP-GF) has described the ruling All Progressives Congress (APC) as a party without vision or direction, predicting that it will suffer inevitable rejection by Nigerians in the 2027 general elections. The Forum, chaired by Bauchi State

by News Editor

August 25, 2025

Politics·Headlines

ADC Urges Baba-Ahmed To Join Obi In Opposition Coalition

The African Democratic Congress (ADC) has appealed to Labour Party’s 2023 vice-presidential candidate, Senator Datti Baba-Ahmed, to align with his party’s flag bearer, Mr Peter Obi, in the emerging opposition coalition, stressing that Obi remains firmly committed to the alliance. Responding to

by News Editor

August 25, 2025

Economy·Headlines

Air Peace Takes Delivery Of Fourth Boeing 777 Aircraft

Air Peace has taken delivery of another Boeing 777 aircraft, reinforcing its capacity to drive Nigeria’s presence on the global aviation map. The wide-body Boeing 777-200 ER, registered 5N-CEG was received over the weekend in Lagos. The aircraft, which arrived from Teruel,

by News Editor

August 25, 2025

Politics·Headlines

FG’s Loan Schemes Key To Driving Export Growth

The Nigerian Export Promotion Council (NEPC) has described Federal Government loan and grant schemes as effective instruments for strengthening export trade. Anthony Ajuruchi, NEPC Coordinator in Imo State, made this known during an engagement forum for non-oil exporters and trade-related agencies organised

by News Editor

August 24, 2025

Politics·Headlines

Former Lagos PDP Chairman, Others Defect To ADC, Blame Party’s Infighting

A former Chairman of the Peoples Democratic Party (PDP) in Lagos State, retired Capt. Tunji Shelle, has resigned from the party and joined the African Democratic Congress (ADC), citing persistent internal crises and indiscipline within the PDP. Shelle, alongside several other PDP

by News Editor

August 24, 2025

News Editor

CBN Raises N8.99trn from T-Bills In Seven Months As 91-Day Rate Falls To 15%

PDP Zoning Formula Unveiled As NEC Receives Committee Report Today

APC Members Defect To ADC In Sokoto

PDP: North-Central, North-West In Tussle Over National Chairmanship

Ojulari Warns Reserves Alone Can’t Deliver Growth, Ojulari Warns, Calls for Targeted Gas Reforms

NLC Demands Suspension Of Political Salary Review, Says Move Will Deepen Poverty

IPMAN Sets Up Task Force To Curb Fuel Pump Fraud

Federal Government Endorses 2024–2027 Debt Strategy To Sustain Fiscal Stability

Eno Says Akwa Ibom PAs Earn At Least ₦1m Monthly

Don’t Replace Shettima In 2027, APC Forum Tells Tinubu

PDP Governors Predict APC’s Defeat In 2027, Vow To Safeguard National Convention

ADC Urges Baba-Ahmed To Join Obi In Opposition Coalition

Air Peace Takes Delivery Of Fourth Boeing 777 Aircraft

FG’s Loan Schemes Key To Driving Export Growth

Former Lagos PDP Chairman, Others Defect To ADC, Blame Party’s Infighting

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