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Nigeria’s debt market hits ₦91.99tn amid rising yields, sell-offs

Nigeria’s fixed income yields surged last week amid widespread sell-offs across market segments, pushing the nation’s total debt stock to ₦91.99 trillion. Investors sought higher returns in anticipation of further monetary tightening by the Central Bank of Nigeria. According to data from FMDQ Group Plc for the week ended November 7, 2025, the total debt […]

Business

Tinubu reaffirms commitment to Siemens Energy on power sector reforms

President Bola Tinubu has assured Siemens Energy of his government’s full commitment to improving Nigeria’s electricity supply and citizens’ welfare. President Tinubu made this disclosure on Monday in a meeting at the State House with a delegation from Siemens Energy, led by the Managing Director of Middle East and Africa, Dietmar Siersdorfer. Tinubu emphasized that […]

NASS inflated 2025 budget with 11,122 'ghost' projects — BudgIT
Helth

Senate pledges timely funding for nationwide immunisation efforts

The Senate Committee on Health has reaffirmed its unwavering commitment to bolstering immunisation efforts across Nigeria, specifically pledging to ensure the timely release of funds necessary to support frontline workers and enhance vaccination drives nationwide. This commitment was made by the committee’s Chairman, Dr. Ipalibo Harry-Barigo, on Monday during an outreach and sensitisation exercise held […]

News

Abia gov raises NYSC members allowance to ₦50,000

Governor Alex Otti of Abia State has significantly increased the monthly allowance for National Youth Service Corps members serving in the state, raising it from the previous ₦4,000 to a maximum of ₦50,000. According to a statement released by the Chief Press Secretary to the Governor, Ukoha Njoku Ukoha, the new structure provides a base […]

Helth

Reps probe $4.6bn global fund, USAID grants

The House of Representatives on Monday launched an investigative hearing in Abuja regarding the management of over $4.6 billion in grants that Nigeria received from the Global Fund and the United States Agency for International Development between 2021 and 2025. These significant funds were allocated to support Nigeria’s efforts in combating HIV/AIDS, Tuberculosis, and Malaria, […]

Aviation

$1trn economy needs aviation sector support — AON boss

The Founder of United Nigeria Airlines and spokesperson for the Airline Operators of Nigeria, Professor Obiora Okonkwo, has called upon the Federal Government to maintain its support for the aviation industry, asserting that a $1 trillion economy is unattainable without a thriving air transport sector. Okonkwo made this appeal on Monday, coinciding with United Nigeria […]

Business

Nigeria’s debt market hits ₦91.99tn amid rising yields, sell-offs

Nigeria’s fixed income yields surged last week amid widespread sell-offs across market segments, pushing the nation’s total debt stock to ₦91.99 trillion. Investors sought higher returns in anticipation of further monetary tightening by the Central Bank of Nigeria. According to data from FMDQ Group Plc for the week ended November 7, 2025, the total debt […]

Spain hits Apple, Amazon with €194m antitrust fine
Tech

Apple plans expansion of iPhone satellite connectivity features

Apple is reportedly preparing to expand its satellite-powered features on the iPhone, moving beyond emergency calling and texting to a broader range of connectivity tools. The tech giant is developing next-generation upgrades that could eventually allow iPhones to connect directly with satellites for enhanced coverage, without relying on traditional telecom partners such as Globalstar, SpaceX, […]

Air cargo demand rises by 18.4% January - IATA
Aviation

Singapore unveils world’s first green fuel levy on flights

Singapore will from next year introduce a green fuel levy of up to S$41.60 (US$31.95 or RM133) for departing passengers to help reduce aviation emissions. Economy and premium economy passengers, along with those on short-haul flights, will face much lower fees. The Civil Aviation Authority of Singapore said Monday that charges will be S$1 for […]

United States Flag attached to a building
Economy

US Senate to end 40-day FG shutdown

The United States Senate appeared close to advancing a measure on Sunday designed to reopen the federal government, as a 40-day shutdown continued to sideline workers, disrupt food aid, and strain the nation’s air travel system. Senators were expected to vote late Sunday on beginning debate on a House-passed bill. This bill would be amended […]