Author: Press Room

The House of Representatives on Wednesday granted approval for President Bola Ahmed Tinubu‘s proposal to source an additional N1.15 trillion from the domestic debt market to bridge the funding gap in the 2025 national budget. The decision followed the adoption of a report by the House Committee on Aids, Loans and Debt Management, led by Abubakar Nalaraba, during Wednesday’s plenary session. It comes barely two weeks after the House gave its nod to a separate $2.3 billion external borrowing plan as requested by the President. Since assuming office in May 2023, President Bola Tinubu’s administration has secured substantial external financing…

The Kaduna State chapter of the African Democratic Congress (ADC) has inaugurated a transition committee as part of its efforts to strengthen its structures in the state. The committee has been mandated to fill all vacant executive positions across the 23 local government areas and the 255 wards across the state. Additionally, the committee is expected to report its activities to the State Secretariat of the party within 14 days and be held accountable for its actions. The committee members are Philimon Kure, ADC from Zone 3 to serve as Chairman; Muktar Isa Hazo, SDP (Member) Zone 1; Muhammed Dauda…

The Super Eagles of Nigeria have officially called off their strike and will return to training on Wednesday, ahead of their game against Gabon on Thursday, Soccernet.ng reports. Nigeria will lock horns with Gabon in the semifinals of the CAF World Cup playoffs at the Prince Moulay Hassan Staidum on Thursday. Some of the players started trickling into their Morocco camp since Sunday, despite the Monday resumption date that was set. The team had their first training session on Monday, and were sussposed to also train on Tuesday. But news broke on Wednesday evening that the players boycotted training in…

Government officials attached to the office of the Kano State Deputy Governor are currently undergoing interrogation over the alleged theft of a Toyota Hilux, an operational vehicle belonging to the State House convoy. The Guardian gathered that the vehicle went missing from the Deputy Governor’s office on Sunday evening, when most workers were off duty for the weekend.Intelligence reports revealed that a few individuals, including a long-serving civil servant, allegedly drove the vehicle out of the Government House under the cover of darkness. A reliable source disclosed that what appeared to be a coordinated operation was carried out by familiar…

The National Assembly Election Petition Tribunal sitting in Ibadan, Oyo State, on Wednesday, November 12, 2025, struck out the petition filed by the Social Democratic Party (SDP) challenging the victory of the All Progressives Congress (APC) in the Ikenne/Sagamu/Remo Federal Constituency by-election held on August 16, 2025. The Tribunal dismissed the petition for lack of diligent prosecution. During proceedings, counsel to the petitioner, Mr. Ebenezer Akingbuli, informed the Tribunal that his witness was absent for the second consecutive day and requested an adjournment. However, Prof. Taiwo Osipitan (SAN), counsel to Hon. Elegbeji Ayoola Adesola, and Dr. Remi Olatubora (SAN), counsel…

Japan’s emerging stablecoin sector may soon reshape the country’s sovereign debt landscape, potentially altering the influence of the Bank of Japan (BOJ) in its $9 trillion Japanese government bond (JGB) market. JPYC, the Tokyo-based issuer behind Japan’s first yen-pegged stablecoin, has said that digital asset companies could become major holders of government bonds as their reserves grow.JPYC launched its yen-backed stablecoin on October 27 under Japan’s revised Payment Services Act, the nation’s first legal framework for stablecoins. Japan will see its first yen-pegged stablecoin go live on Monday, marking a major step toward digital finance as blockchain use moves into…

Photo Credit: nyknicks/Instagram A proud parent moment? We are here for it. Wizkid couldn’t stop smiling when someone asked about his son Boluwatife’s new EP. “Love it, man. He’s my kid, you know,” he said, clearly beaming with pride. The 14-year-old, who goes by the stage name Champz, has officially dropped his debut project yesterday, “Champion’s Arrival,” an EP with five songs, and it premiered at No. 1 on Apple Music Nigeria’s Top Albums chart. After sharing snippets days ago, many were curious to hear his first official release, and Champz didn’t just give one song, he came through with…

The Nigerian Senate has dismissed reports suggesting plans to remove Senate President Godswill Akpabio, describing the claims as false and intended to create confusion. Speaking on the floor of the Senate, the Senate Leader clarified that no discussions or moves toward Akpabio’s impeachment had taken place. He explained that remarks attributed to Senator Orji Uzor Kalu were taken out of context, adding that his discussions with Kalu confirmed the alleged statement was misrepresented. “From my discussions with Senator Kalu, it was obvious that the statement attributed to him was misrepresented,” he said. The Senate Leader warned that such misinformation was…

A member of the House of Representatives, Amos Daniel, has formally defected from the Peoples Democratic Party (PDP) to the ruling All Progressives Congress (APC). His defection was announced on Wednesday during plenary presided by the Speaker of the House, Tajudeen Abbas. Representing Jema’a/Sanga Federal Constituency of Kaduna State, Daniel said his decision followed wide consultations with community leaders, religious groups, professionals, and traditional rulers in his constituency. He noted that the move was not made hastily but after months of deep reflection and extensive consultation,” adding that joining the APC would enable him to better serve his people and…

On Thursday, November 13, Nigeria will lock horns with the Panthers of Gabon in a one-off World Cup playoff that could define the country’s road to the global showpiece. Victory would send the Super Eagles into a decisive tie against either Cameroon or DR Congo on November 16 to decide Africa’s sole representative at the intercontinental playoffs in March. Nigeria, as ever, are favourites; boasting pedigree, talent, and depth. But as history often reminds, football’s gods can be mischievous. Super Eagles vs Gabon Gabon, who finished as the best second-placed team during the qualifiers, have shown they can spring surprises…