BOI’s N250bn Bond Attracts Strong Investor Demand in Five Days
The Bank of Industry Limited (BOI) has attributed the strong demand for its N250 billion Series 1 Fixed Rate Bond to investor confidence in the bank and Nigeria’s domestic capital market. The bond, issued through BOI Financing SPV Plc under the bank’s $1 billion Multi-Currency Instruments Programme, was oversubscribed within five working days. BOI Chief […]
ADC Faults Tinubu Government Over Rising Food Prices
The African Democratic Congress, ADC, has criticised the president Bola Tinubu administration over rising food prices, saying the government’s economic measures have failed to ease the cost of living for Nigerians. The party said the government should not focus on the marginal decline in headline inflation while millions of Nigerians continue to struggle to afford […]
Kwara Police Launch Operation Velvet to Enforce Traffic Laws
The Kwara State Police Command has commenced Operation VELVET to enforce traffic regulations, improve road safety and protect the lives and property of road users across the state. The operation began on Tuesday, August 18, 2026, under the leadership of the Commissioner of Police, Ojo Adekimi, in line with directives from the Inspector-General of Police, […]
Kebbi Releases N2.07bn for Tertiary Education
The Kebbi State Government has released more than N2.07 billion for interventions in tertiary institutions across the state, with the funds targeted at improving infrastructure and staff and student welfare. The Commissioner for Higher Education, Alhaji Isah Abubakar-Tunga, disclosed this on Tuesday while briefing journalists in Birnin Kebbi. He said Governor Nasir Idris recently approved […]
US Lifts 12-Year Security Restriction on Nigerian Vessels
The United States Coast Guard has lifted the 12-year Condition of Entry imposed on vessels arriving in the United States from Nigeria, the Federal Government has announced. The Minister of Marine and Blue Economy, Adegboyega Oyetola, disclosed this on Tuesday, describing the development as a major milestone for Nigeria’s maritime sector. The Condition of Entry, […]
Wike Predicts Easy 2027 Victory for Tinubu
Minister of the Federal Capital Territory, Nyesom Wike, has predicted an easier victory for President Bola Tinubu in the 2027 presidential election, arguing that a fragmented opposition would struggle to mount a strong challenge. Wike spoke on Monday while inspecting areas affected by flooding in the Federal Capital Territory. He said the political opposition had […]
Dangote Refinery Secures $1bn Backing Ahead of IPO
The Dangote Petroleum Refinery and Petrochemicals has secured a $1 billion underwriting programme ahead of its planned Initial Public Offering. The programme, structured by Marob Strategies and Consulting DIFC Ltd and Lilium Capital Group, includes a completed and funded $600 million private placement and a further $400 million underwriting commitment for the proposed IPO. According […]
Wike Orders Demolition of Houses Built on Abuja Waterways
Minister of the Federal Capital Territory, Nyesom Wike, has ordered the immediate demolition of buildings constructed on designated waterways across Abuja following recent flooding in parts of the capital. Wike issued the directive on Tuesday after inspecting flood-affected areas in Maitama and other parts of the Federal Capital Territory. He said the demolition would begin […]
Davido Reveals He Was Once Broke Despite Wealthy Background
Davido Reveals He Was Once Broke Despite Wealthy Background Nigerian singer David Adeleke, popularly known as Davido, has revealed that he experienced financial hardship during the early stages of his music career despite coming from a wealthy family. Davido made the disclosure during a recent episode of the Uncut Podcast, where […]
Ogogo’s Daughters Seek Medical Help for Actor’s Cancer Battle
The daughters of veteran Yoruba actor Taiwo Hassan, popularly known as Ogogo, have appealed for urgent medical assistance for their father, who they said is battling stage-four cancer. Lima and Kira Taiwo made separate emotional appeals on Instagram on Monday, asking Nigerians, well-wishers and medical professionals with experience in cancer treatment to help their father […]
