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Month: September 2026

Breaking News

FG Raises N729bn Bond to Pay Power Companies

The Federal Government has raised N728.979bn through the second issuance under its N4tn Power Sector Multi-Instrument Issuance Programme, bringing the total value of bonds issued under the first phase of the initiative to about N1.23tn. The latest issuance is targeted at settling verified outstanding debts owed to electricity generation companies (GenCos), whose unpaid claims have […]

Breaking News

Oil Prices Rise Above $107 as Middle East Tensions Escalate

Oil prices climbed sharply on Monday, with Brent crude rising above $107 a barrel as escalating tensions in the Middle East heightened concerns over potential disruptions to global energy supplies. Brent crude for November delivery rose 2.8 per cent to $107.54 a barrel, while US benchmark West Texas Intermediate (WTI) for October delivery gained 2.3 […]

World

How Nigerians Can Apply for 2027/2028 UK Commonwealth Scholarships — FG

The Federal Ministry of Education has invited qualified Nigerian graduates to apply for the 2027/2028 Commonwealth Scholarships and Fellowship Plan, with applications closing on October 20, 2026. The scholarship announcement was shared by the Lagos State Scholarship Board. The scholarships, which are tenable in the United Kingdom, are available for one-year taught Master’s programmes and […]

Breaking News

NNPC Targets 600 Tcf Gas Reserves, 12 Bcf/d Output by 2030

NNPC Ltd.’s Executive Vice President, Gas, Power & New Energy, Olalekan Ogunleye 2nd from right), speaking today (Monday) at a panel themed, ‘The New LNG Order: Leadership Strategies for Energy Security and Growth,’ during the ongoing 2026 Gas Technology & Exhibition Conference (GASTECH), in Bangkok, Thailand. The Nigerian National Petroleum Company Limited (NNPCL) has unveiled […]

Breaking News

DMO Opens N1tn FGN Bond Subscription, Sets N50m Minimum

The Debt Management Office (DMO) has opened subscription for two Federal Government of Nigeria (FGN) bonds worth a combined N1 trillion, with a minimum subscription of N50 million. The bonds are being offered at N1,000 per unit, with investors required to subscribe in multiples of N1,000 after the minimum threshold. In a statement issued on […]

World

Scottish, Welsh, Irish Parties Declare Right to Break Away From UK

Leaders of the main Scottish, Northern Irish and Welsh parties on September 14 declared their right to “self determination” in a joint agreement signed at a rare meeting in the Welsh capital Cardiff | AFP Leaders of three major nationalist parties in Scotland, Wales and Northern Ireland have declared that their nations have the right […]

Politics

2027: Free, Fair or Not, We’re Ready for Anything — ADC

The African Democratic Congress (ADC) has expressed confidence in its ability to defeat the ruling All Progressives Congress (APC) in the 2027 general election if the poll is free and fair, while declaring that it is prepared for any eventuality. ADC National Publicity Secretary, Bolaji Abdullahi, stated this during an interview on the Naija Unfiltered […]

Business

Nigeria, India Target $15bn Trade Revival as Modi Seeks Renewed Crude Purchases

Nigeria and India have agreed to work towards restoring bilateral trade to its previous peak of nearly $15 billion, with Indian Prime Minister Narendra Modi seeking to revive the country’s crude oil purchases from Nigeria. The commitment was reached during a bilateral meeting between Vice President Kashim Shettima and Modi on the sidelines of the […]

Politics

Why Nigeria Needs Urgent Leadership Reform — Obi

Former Anambra State governor and 2027 presidential candidate of the African Democratic Congress (ADC), Peter Obi, has said Nigeria’s most urgent reform is a transformation of its leadership, arguing that the country’s progress depends largely on the character, competence, capacity and commitment of those entrusted with public office. Obi made the statement in a post […]

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