The Federal Government raised a total of ₦596.47 billion at its December 15, 2025, bond auction, buoyed by strong investor appetite, particularly for the seven-year FGN 2032 bond, which was oversubscribed more than threefold. Data from the Debt Management Office (DMO) show that the auction involved the re-opening of two existing bonds: the 17.945 per cent FGN August 2030 (five-year) bond and the 17.95 per cent FGN June 2032 (seven-year) bond. Auction details For the 17.945 per cent FGN August 2030 bond, the government offered ₦230 billion and received subscriptions of ₦159.21 billion. A total of ₦101.99 billion was allotted…
Author: Elvis Eromosele
The Federal Government has ordered an immediate suspension of all actions related to the proposed ban on sachet alcohol and 200ml PET bottle products, following intervention by the House of Representatives. The directive was issued by the Office of the Secretary to the Government of the Federation (OSGF), pending the conclusion of consultations and the release of a final decision. In a statement on Monday, the Special Adviser on Public Affairs to the OSGF, Mr. Terrence Kuanum, said the office received a letter from the House of Representatives Committee on Food and Drugs Administration and Control dated November 13, 2025.…
Nigeria has banned the collection of road taxes, levies, and related charges through checkpoints nationwide, following a resolution by the Joint Revenue Board (JRB), formerly known as the Joint Tax Board. The decision was taken at the JRB’s meeting in Abuja on December 9 and 10, where the board issued a communiqué prohibiting the use of roadblocks, stickers, and other checkpoint mechanisms by state and non-state actors to collect taxes from road users. Under the directive, security agencies have been instructed to dismantle illegal roadblocks across the country, while state governments were urged to harmonise their tax laws in line…
The Abia State Government has announced plans to build a Mini Hollywood and entertainment village in Aba to drive growth in the creative industry, expand entrepreneurship, and create jobs. Governor Alex Otti disclosed the plan during the 65th birthday celebration of veteran musician Sir Bright Chimezie in Umuahia. He said the project is aimed at supporting film, music, and other creative talents in the state, adding that while Abia may not rival global entertainment hubs, it is committed to developing a strong local creative ecosystem. The governor also revealed plans to establish an arts and culture gallery in Umuahia to…
Nigeria’s Presidential Fiscal Policy and Tax Reforms Committee has launched a nationwide training programme for over 11,000 professionals as part of efforts to deepen the understanding and implementation of ongoing tax reforms. The “Train-the-Trainer Programme for Professionals,” which began on Tuesday, December 16, 2025, will be conducted nationwide, according to ConsumerConnect reports. Mr. Taiwo Oyedele, Chairman of the Committee, said the initiative was initially designed to train 3,000 professionals but recorded an overwhelming response, with 11,137 applications received within two weeks. “We are grateful to everyone who indicated interest. The response far exceeded our expectations,” Oyedele said. To accommodate all…
Funke Akindele’s latest film, Behind the Scenes, has grossed over ₦200 million within its opening weekend, recording the biggest opening of 2025 so far, according to FilmOne Entertainment, the film’s West African distributor. The movie, which opened in cinemas on December 12, earned the milestone between December 12 and 14, 2025, with 34,548 admissions. FilmOne said the title broke five opening-weekend records, including the highest admissions recorded in a single weekend this year. The strong debut followed impressive advance screenings, which generated ₦27.2 million, described by distributors as the highest advance-screening revenue for a Nollywood film. The movie also enjoyed…
Justice John Terhemba Tsoho, Chief Judge of the Federal High Court, says the court disposed of 16,019 cases during the 2024/2025 legal year, out of a total of 181,924 matters handled nationwide. As a result, 165,905 cases remain pending across the court’s divisions, he disclosed on Monday at the opening of the 2025/2026 Special Legal Year session. Justice Tsoho explained that 161,999 cases were carried over from the 2023/2024 legal year, with an additional 19,925 new cases filed during the review period, bringing the total caseload to 181,924. Of the cases disposed of, 3,113 were civil matters, 5,818 criminal cases,…
Nigeria’s headline inflation eased to 14.45 per cent in November, falling below the federal government’s budget benchmark for the first time in six years and offering relief to households and businesses. The figure is below the 15–16 per cent inflation target set in the 2025 Budget, themed “Budget of Restoration,” and aligns with President Bola Tinubu’s goal of bringing inflation down to 15 per cent by the end of 2025. Tinubu first announced the target during the presentation of the 2025 Appropriation Bill to the National Assembly in December 2024 and reaffirmed it in his New Year’s address. Economists say…
The Joint Admissions and Matriculation Board (JAMB) has commenced nationwide accreditation of 848 Computer-Based Test (CBT) centres ahead of the 2026 Unified Tertiary Matriculation Examination (UTME). The exercise, which began on Monday, December 15, is part of JAMB’s early preparations to improve standardisation, security, and technical readiness for the examination. JAMB said the accreditation drive aligns with its ongoing efforts to curb examination malpractice, upgrade centre quality, and restore public confidence in the UTME process. Background The move follows widespread technical failures and irregularities during the 2025 UTME. JAMB admitted that system errors affected nearly 380,000 candidates across 157 centres,…
Celebrating Progress, Confronting Challenges: A Call for Broader Engagement On behalf of the Lapriga Awards Selection Committee and the Lagos Chapter of the Nigerian Institute of Public Relations, we express our sincere gratitude to every member who contributed to the 2025 awards cycle. Your ongoing enthusiasm affirms the importance of peer recognition and the bright future of our profession in Lagos. We are pleased to report strong engagement, with 105 entries across 19 award categories, and an overall quality of submissions that reaches a high standard. This reflects the dedicated effort of practitioners and the increasing prestige of the Lapriga…