A significant financial agreement has been reached to address debt in the power sector. The total value of the bond is approximately ₦729 billion. This amount is part of a larger program aimed at reducing debt and improving liquidity. The program includes both cash and non-cash bonds, totaling ₦402 billion and ₦326.979 billion respectively.
The goal of this initiative is to settle historical debts and improve the financial stability of the industry.
Further details about the agreement and its implications are available from the source.
The Miyetti Allah Cattle Breeders Association of Nigeria, MACBAN, Plateau State Chapter, has condemned the killing of travellers in Jos South Local Government Area of the state, urging security agencies to investigate the incident and prosecute those responsible. In a statement i...
An investigation into the ransom economy in Northern Nigeria, where kidnappers force families to sell property and pay millions to free their loved ones. Read More: https://punchng.com/ransom-economy-how-kidnappers-turn-northern-families-pain-into-profit/...
Former Minister of Sports and Youth Development, Solomon Dalung, says President Bola Tinubu has changed from the person he was known to be as Lagos State governor. Dalung made the claim on Monday while fielding questions in an interview on Channels Television’s Politics Today . H...
By Kingsley Omonobi ABUJA — The Nigerian Police Force and other security agencies have heightened security nationwide following intelligence indicating plans by suspected terrorists and other non-state actors to attack schools, places of worship, NYSC orientation camps and recrea...
A US-based lobbying firm has alleged that the Nigerian Presidency may have “settled the Americans” ahead of a proposed meeting between President Bola Tinubu and United States President Donald Trump. The firm, Von Batten-Montague-York, made the allegation in a statement on its off...
By Babajide Komolafe The Central Bank of Nigeria (CBN) has received the Nigerian Economic Society’s (NES) Distinguished Organisation Award in recognition of its institutional reforms and contributions to Nigeria’s macroeconomic stability and economic development. The award was pr...
A community leader in Benue State, Lubem Gbenda, has claimed that former Governor Samuel Ortom organised a plot to discredit the state government during the planned visit of the presidential candidate of the Nigeria Democratic Congress, NDC, Peter Obi, to Yelwata, Guma Local Gove...
Domestic Select offers access to a trusted network that connects customers and businesses across Nigeria and affordable domestic shipping designed to support business growth and operational efficiency. The post DHL Express launches Domestic Select to support growing businesses an...
The African Democratic Congress, ADC, presidential candidate, Atiku Abubakar, has declared that there would be a vacancy in “Aso Rock” in 2027 because the Nigerian Constitution warrants it. Atiku was reacting to a declaration by the Oba of Lagos, Rilwan Akiolu, that there would b...
•$17.47bn FGN debt eligible •Nigeria gets 7.4% weighting By Emma Ujah, Abuja Bureau Chief Nigeria is set to attract fresh foreign capital into its domestic debt market following the decision by global investment banking giant, J.P. Morgan, to return Federal Government of Nigeria,...
The Institute of Security Nigeria, ISN, has condemned the reported imposition of a N50 million levy and demand for 100 livestock by non-state actors at Talata Mafara Market in Zamfara State. In a statement signed by its Deputy President and Chief Executive, Barrister Adebayo Akin...
By Efe Onodjae Lagos ports handled an estimated N35.07 trillion, or about 84.6 per cent, of Nigeria’s N41.44 trillion total merchandise trade in the second quarter of 2026, Q2’26, underscoring the overwhelming dominance of the nation’s commercial capital as the country’s principa...
