Debt Office Opens N700bn Bond Auction

Debt Office Opens N700bn Bond Auction

The Debt Management Office (DMO) is seeking to raise ₦700 billion through a bond auction today, April 27, 2026. This issuance forms a critical component of the federal government’s domestic borrowing programme designed to plug budgetary gaps. Investors will bid across three distinct re-openings, with the settlement date set for April 29. The auction comes…

Read More
Government Increases Allowances and Pension Benefits for Civil Servants

Government Increases Allowances and Pension Benefits for Civil Servants

The Federal Government has approved a substantial rise in peculiar allowances and welfare benefits for civil servants. Didi Walson-Jack, Head of the Civil Service of the Federation, confirmed the reforms during a briefing in Abuja on Friday. The policy covers workers under both the Consolidated Public Service Salary Structure (CONPSS) and the Consolidated Research and…

Read More

Ted Cruz Alleges Nigeria Complicity in Attacks

  A United States senator has levelled serious allegations against Nigerian government officials, accusing them of complicity in attacks against Christians, even as a former Nigerian minister dismissed claims of religious genocide as “fake news” during a separate engagement in the United Kingdom. Senator Ted Cruz made the assertion during a Senate Foreign Relations subcommittee…

Read More

ICPC Rejects Viral ₦50bn Bribery Claim, Warns Of Legal Action

  Nigeria’s anti-corruption landscape has come under fresh scrutiny following the circulation of a viral video alleging a ₦50 billion bribery scandal, a claim firmly rejected by the Independent Corrupt Practices and Other Related Offences Commission. The commission, in an official statement released on Monday, described the video as entirely false, stressing that it neither…

Read More

Hackers Seize 750GB Of CAC Files As Nigeria’s Digital Defences Crumble

A sophisticated wave of ransomware attacks has battered Nigerian government agencies and tier-1 financial institutions over the past three weeks, exposing deep fragilities in the nation’s digitising economy. Reports from the National Information Technology Development Agency (NITDA) and the Corporate Affairs Commission (CAC) confirm that “coordinated and sophisticated” threat actors have breached critical infrastructure, causing…

Read More