Author: Ifetayo Adeniyi

The Debt Management Office has opened the July 2026 FGN Savings Bond subscription, offering Nigerians investment opportunities with returns of up to 15.716 per cent per annum. The latest offering marks the highest interest rate compared with previous issuances since the beginning of the year. The DMO announced the offer on behalf of the Federal Government of Nigeria, pursuant to the DMO (Establishment) Act 2003 and the Local Loans (Registered Stock and Securities) Act, CAP. L17, LFN 2004. According to the agency, the subscription window opened on 6 July and will run until 10 July 2026, with settlement scheduled for…

Airtel Africa Plc reduced its diesel consumption by 9.1 million litres during its 2025/2026 financial year as the telecommunications company increased its use of lower-carbon energy sources and expanded efforts to reduce the environmental impact of its operations. Diesel retail prices in Nigeria averaged between N1,409 and N1,450 per litre in December 2025, according to available market data. At those prices, the telecom operator’s reduction in diesel usage translates to an estimated value of about N12.8bn to N13.2bn. The company said the reduction was achieved partly through the conversion of 390 infrastructure sites to on-grid power during the year, improving…

Google has reacted to the Federal Government’s investigation into major technology companies, saying it will engage constructively with regulators while highlighting the value its platforms and partnerships bring to Nigeria’s digital ecosystem. The response came after the Federal Competition and Consumer Protection Commission announced a probe into allegations of anti-competitive practices, unlawful use of news content and other concerns involving major technology firms and generative artificial intelligence platforms operating in Nigeria. A Google spokesperson, on Wednesday, said that the company remains committed to Nigeria and the growth of its news and creative ecosystem. “We remain committed to Nigeria and the…

Federal government has made moves to reduce the risk of flooding through its Disaster Risk Reduction Strategy, following a review of the 2026 Annual Flood Outlook. The director-general of the National Emergency Management Agency (NEMA), Mrs Zubaida Umar Abubakar, disclosed this yesterday in Abuja during a two-day technical workshop on the Riverine Household Flood Protection Pilot Exercise. The initiative is a partnership between NEMA and PULA Advisors. It will see 100,000 households benefit from the pilot phase in Anambra, Benue, Kebbi, and Kogi states, all listed among the high-risk and most vulnerable states. “This initiative also reflects the federal government’s…

Switzerland celebrate victory. Photo: Getty image The match which saw Switzerland and Colombia into penalties after a goalless draw to reach the World Cup quarter-finals, came to the advantage of the former. Switzerland held their nerve in a dramatic penalty shootout to defeat Colombia 4-3 after a goalless 120 minutes, booking a place in the FIFA World Cup quarter-finals where they will face Lionel Messi’s Argentina. In a tense last-16 encounter that produced plenty of commitment but few clear-cut chances, neither side could find a breakthrough despite battling through regulation time and extra time. The Swiss looked the more adventurous…

* The victory sends Argentina into the World Cup quarter-finals while Egypt bow out. Lionel Messi inspired a stunning late comeback as Argentina recovered from two goals down to defeat Egypt 3-2 in a dramatic FIFA World Cup Round of 16 clash on Tuesday, sealing a place in the quarter-finals after surviving a major scare from the spirited North Africans. Egypt looked on course for one of the tournament’s biggest upsets after goals from Youssef Ibrahim and Mohamed Zakaria Abdelraouf put them 2-0 ahead before the Albiceleste produced a remarkable late fightback. The Pharaohs stunned the favourites in the 15th…

Minister of Communications, Innovation and Digital Economy, Bosun Tijani The federal government has directed key digital regulators to suspend the implementation and enforcement of recently introduced regulations affecting internet platforms, online intermediaries and other cross-cutting digital economy issues, pending the development of a harmonised national policy framework. The directive was issued by the minister of Communications, Innovation and Digital Economy, Bosun Tijani, following a strategic meeting with the leadership of the Nigerian Communications Commission (NCC), the National Information Technology Development Agency (NITDA) and the Nigeria Data Protection Commission (NDPC). Tijani on Tuesday, said the affected agencies had been instructed to…

Corn seller “Nigerians, don’t be angry. Since I started this corn business, I’ve never made that kind of money,” she pleaded, withdrawing her first claim. The woman whose story went viral after claiming she earns N2.5 million every month from her roasted corn business has publicly withdrawn the statement, admitting that she exaggerated her earnings. In a video shared on social media, she appealed to Nigerians for understanding, saying her earlier claim was inaccurate. “Nigerians, don’t be angry. Since I started this corn business, I’ve never made that kind of money,” she said. Her initial interview had generated massive reactions…

NNPC demands stronger oartnership in energy sector. The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Engr. Bashir Bayo Ojulari, has called for stronger collaboration across Nigeria’s energy sector, saying partnerships are critical to unlocking Africa’s huge energy potential and driving investment, industrial growth, and sustainable development. Ojulari made the call in his keynote address at the opening of the 25th NOG Energy Week held at the Bola Ahmed Tinubu International Conference Centre in Abuja. At the event, he also presented NNPC Ltd’s one-year performance scorecard and outlined the company’s strategic direction for Nigeria’s energy future. Giving…

FIFA has shown the Trionda Final as the Official Match Ball for the semi-finals, bronze medal match and final of the 2026 FIFA World Cup. The world football governing body spoke about the new ball in a statement posted on its website on Tuesday. It said the ball would be used in the tournament’s final four matches, culminating in the final scheduled for July 19 in New York New Jersey Stadium, USA. According to FIFA, the TRIONDA FINAL retains the performance-driven construction of the original TRIONDA ball introduced in October 2025 but features a new premium design in gold, white…