News

The National Association of Resident Doctors (NARD) has given the Federal Government two weeks to honour outstanding agreements and resolve welfare and professional issues affecting its members, warning that failure to meet its demands could trigger industrial action.

AXA Mansard Insurance Plc is seeking shareholders’ approval to raise up to N18.3bn through a rights issue as the insurer moves to strengthen its capital base.

The Presidency says President Bola Tinubu is hale and hearty and will return to Nigeria this week after his working vacation, noting that the president would return to Lagos to participate in activities marking Nigeria’s 66th Independence Anniversary.

The nine states, Abia, Akwa Ibom, Anambra, Bayelsa, Delta, Edo, Imo, Ondo and Rivers received a combined N1.51 trillion from the 13 percent derivation fund in 2025, up from N671.92 billion in 2024.

The Minister of Solid Minerals Development, Dele Alake, and U.S. Deputy Secretary of State, Christopher Landau, recently signed a key framework agreement to spur American investment in Nigeria’s estimated 700 billion dollars mineral sector.

British security authorities have arrested five men over an alleged terrorist plot targeting Royal Air Force Fairford, a key military base in England that has been used by the United States for bomber operations against Iran.

Nigeria’s financial system is expected to receive approximately ₦2.59 trillion from maturing central-bank bills and government bond interest this week, potentially increasing competition for investments just as savers look for attractive returns.

A review of eight Nigerian Treasury Bills auctions conducted between July and September showed that total allotments were 40.34 percent above the planned issuance for the quarter.

Filed by the Abuja School of Social and Political Thought, Speak-Out Africa, Ushakase Agwa and Abdullahi A. Sani, the suit specifically challenged the passage of the Constitution (Sixth Alteration) Bill, 2026, relating to the establishment of State Police.

The fresh borrowing comes after the Debt Management Office reported that Nigeria’s public debt increased by N14.39tn, or 9.44 percent, from N152.40tn in June 2025 to N166.79tn at the end of June 2026.