By Ogungbayi Adeyemi S. | adeyemi@ddnewsonline.com
Editor, DDNews |
NIGERIA NEWS
FG Raises New Bond to Settle Power Sector Debts
The Federal Government has issued a fresh bond under its Power Sector Multi-Instrument Issuance Programme to settle verified debts owed to electricity generation companies. The bond was signed yesterday in Abuja and is part of efforts to clear outstanding obligations that have weakened liquidity across the power value chain. Officials said the debt reduction program is also aimed at restoring investor confidence and encouraging further investment in generation capacity. The Minister of Finance said the program must be followed with reforms to prevent future accumulation of debts.
Political Parties Intensify Campaigns After INEC Releases Final List
With INEC releasing the final list of candidates, the APC, ADC, NDC and PDP are now fully up in arms over senatorial seats ahead of the general elections. Party leaders have begun grassroots mobilization across states, with debates and rallies expected to heat up in the coming weeks. Analysts say the contest will be keen in most zones as parties position for dominance in the upper chamber.
NCAA Reports Flight Disruptions Across Domestic Airlines
The Nigeria Civil Aviation Authority disclosed that domestic airlines recorded several flight delays and cancellations last month. Air Peace and United Nigeria Airlines recorded the highest number of disruptions. The NCAA also sanctioned RwandAir over a consumer protection violation involving a passenger’s damaged baggage. The agency said it remains committed to protecting passengers and enforcing service standards.
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JAMB Adjusts UTME Arrival and Exam Time
The Joint Admissions and Matriculation Board has adjusted the arrival and examination times for candidates sitting the first session of the UTME. Candidates are now expected to arrive at their CBT centres later than the previous schedule. The board said the adjustment is to improve logistics and ensure smoother conduct of the examination nationwide.
UNICEF Begins Skills Training for Adolescent Girls in Katsina
UNICEF has commenced training for thousands of adolescent girls in Katsina State in various entrepreneurial skills. The program is designed to equip them with employable skills and support them to become self-reliant. Officials said the initiative will also help reduce poverty and improve livelihood opportunities for young girls in the state.
Tension at Osun Teaching Hospital Over Slain Aide’s Corpse
Tension and mild drama erupted at Osun State University Teaching Hospital in Osogbo as loyalists of slain Adeleke aide Olalekan Oyeyemi, popularly known as ‘Emir Ajagungbade’, allegedly attacked hospital staff while retrieving his corpse. Security was later reinforced to restore calm. The incident has sparked conversations about safety in public hospitals.
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Real Warri Pikin Apologises to Husband Over Viral AFRIMMA Moment
Nigerian comedian Anita Asuoha, popularly known as Real Warri Pikin, has apologised to her husband Ikechukwu following a viral moment with singer Timaya at the African Muzik Magazine Awards. She explained that it was a fun moment on stage and there was no intention to disrespect her marriage. The video had sparked mixed reactions online.
Discussions Over Presidential Authority as Tinubu, Shettima Travel
President Bola Ahmed Tinubu’s three-week vacation abroad and Vice President Kashim Shettima’s official trip to India have raised questions about presidential authority and succession. Legal experts and political observers say the constitution provides clarity, but the timing has fueled public debate about governance during their absence.
RwandAir Sanctioned in Nigeria Over Passenger Complaint
The Nigeria Civil Aviation Authority sanctioned RwandAir over a consumer protection violation involving a passenger’s damaged baggage. The fine is part of NCAA’s renewed push to ensure airlines comply with passenger rights and service standards in Nigeria’s aviation sector.
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African Markets Monitor Dangote Refinery IPO
Investors across Africa are closely watching the Dangote Petroleum Refinery and Petrochemicals IPO. Financial analysts say the offering could reshape capital flows into African energy stocks and boost confidence in large-scale industrial projects on the continent.
Trump Rejects AI Extinction Fears
US President Donald Trump dismissed fears that artificial intelligence could wipe out humanity, describing such claims as a hoax. He rejected global calls for strict guardrails on AI development. His comments come amid growing international concern, with some tech leaders urging that development of super-intelligence be slowed down.
Syrians Protest Over Fuel Price Increase
Syrians staged demonstrations for the second consecutive day over the government’s decision to increase fuel prices due to the Middle East war. Protesters including taxi drivers said the hike would make it difficult for poor families to cope, especially with winter approaching. They called on authorities to reverse the decision.
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Dangote Refinery IPO Sparks Frenzy at Capital Market
Nigeria’s capital market was thrown into an unusual frenzy as thousands of investors scrambled to buy into the Dangote Petroleum Refinery and Petrochemicals IPO. Market dealers said the offer attracted massive interest from both retail and institutional investors, making it one of the most talked-about listings this year.
SEC Warns Public Against Fake Dangote IPO Platforms
The Securities and Exchange Commission has warned the investing public against unauthorised and fraudulent platforms claiming to offer Dangote Petroleum Refinery shares. SEC said investors should only use approved channels to avoid being swindled. The commission said it is working with relevant agencies to track fraudulent operators.
Naira Records Relative Stability Amid Bond Activity
The naira held relatively steady in the forex market yesterday. Dealers attributed the stability to improved liquidity following the Federal Government’s bond issuance and moderate demand from importers. The CBN is also said to be maintaining periodic interventions to support the market.
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Capital Market Experts Project Bullish Trend
Stock market analysts say investor sentiment remains positive following the strong subscription to government bonds and interest in major IPOs. They project a bullish trend in the coming weeks as more companies seek to raise funds from the market.
Civil Society Calls for Electoral Transparency
Civil society groups have called on INEC and political parties to ensure transparency and peaceful conduct ahead of the elections. They urged voters to collect their PVCs and participate actively, saying credible elections are key to national development.
AFRIMMA 2026 Celebrates African Music Stars
The African Muzik Magazine Awards held with top artistes across the continent performing. The event featured fashion highlights, award presentations and celebrity moments that went viral on social media. It was praised for showcasing African talent to a global audience.
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NPFL Clubs Begin Intensive Pre-Season
Clubs in the Nigeria Premier Football League have stepped up pre-season preparations with friendlies and new signings. Coaches say the focus is on building team chemistry and improving performance ahead of the new season. Fans are expecting a more competitive league this year.
Super Eagles Begin Camp for Qualifiers
The Super Eagles have opened camp in preparation for upcoming international qualifiers. The technical crew said the emphasis is on fitness, tactics and team bonding. Supporters are hopeful the team will secure positive results in the fixtures ahead.
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