News
DMO Lists Two FG Savings Bonds For Subscription

The Debt Management Office (DMO) listed two Federal Government of Nigeria savings bonds on Monday for subscription at N1,000 per unit.
They are the first offers in 2024.
According to News Agency of Nigeria (NAN), The first offer is a two-year savings bond due to mature on January 17, 2026 at 11.033 per cent per annum.
The second offer is a three-year savings bond due to mature on January 17, 2027, at an interest rate of 12.033 per cent per annum.
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Opening date for both offers is January 8, while the closing date is January12; settlement is January 17, and coupon payment dates are April 17, July 17, October 17 and January 17.
“They are offered at N1,000 per unit subject to a minimum subscription of N5,000 and in multiples of N1,000 thereafter, subject to a maximum subscription of N50 million.
“Interest is payable quarterly while bullet repayment is made on maturity date,’’ the DMO stated.
The savings bonds, like all other Federal Government securities are backed by the full faith, credit of the Federal Government and charged upon the general assets of Nigeria.
“They qualify as securities in which trustees can invest under the Trustees Investment Act.
“They qualify as government securities within the meaning of the Company Income Tax Act and Personal Income Tax Act for tax exemption and pension funds, amongst other investments,’’ the DMO stated.
News
Benin Unity Cup: Ikpoba-Okha Rescue Stoppage-Time Point As Orhionmwon Hit Four In Thrilling Football Weekend

The maiden Benin Unity Cup delivered a whirlwind of drama across Match Day Two, with Friday’s stoppage-time heroics and Saturday’s goal-laden clashes keeping fans at the Crescent Sports Club, Irhirhi, on the edge of their seats.
Ikpoba-Okha Steal Late Draw; Ovia North East Win by Walkover
Ikpoba-Okha produced one of the tournament’s standout moments on Friday as Emeka Nwaneda struck deep into stoppage time to deny Egor what had seemed a certain victory.
The opening fixture began cautiously, with both sides locked in a tense, goalless first half. Egor broke the deadlock barely three minutes after the restart, as Towo Eventus finished clinically to ignite celebrations in the stands and tilt momentum their way.
But just when Egor appeared set to close out the match, Ikpoba-Okha delivered a dramatic twist. In the 90th minute, Nwaneda showcased composure and flair to fire home the equaliser, stunning the Egor bench and sending the crowd into a frenzy.
READ ALSO:Ikpoba-Okha Trade Tackles With Ovia N-East As Benin Unity Cup Kicks Off
The day’s second match ended without a ball being kicked. Ovia North East were awarded a walkover after Uhunmwonde failed to honour their fixture, with match officials confirming the decision following the standard 30-minute waiting period.
Attention quickly shifted to Saturday’s double-header, which proved even more explosive.
Orhionmwon Overpower Ovia South West 4–2 in Six-Goal Thriller
Saturday’s early kick-off saw Orhionmwon storm to a commanding 4–2 victory over Ovia South West in a match brimming with attacking verve.
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Iworie Chinedu set the tone almost immediately, weaving through the defence to score the tournament’s fastest goal. Ovia South West replied in the 13th minute through Oghene Ovo, who finished a slick team move to restore parity.
But Orhionmwon seized control before the break. Osifo Osakpolor struck in the 35th minute, and four minutes later Kish Danjuma extended the lead to 3–1. The second half had barely resumed when Osakpolor completed his brace in the 46th minute, effectively putting the contest beyond reach.
Ovia South West pulled one back late on through Osadolor Lucky, but the goal served only as consolation as Orhionmwon claimed a deserved win.
Oredo Derby Ends in Six-Goal Spectacle
The much-anticipated Oredo derby lived up to its billing, as Oredo I and Oredo II battled to an exhilarating 3–3 draw in one of the most dramatic fixtures of the competition so far.
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Oredo II struck first when Waheed Ahmed found the net in the 27th minute, but Oredo I responded with an explosive start to the second half. Goals from Samuel Brownson (47’), Sunday Henry (49’), and a second from Brownson in the 58th minute turned the match on its head.
Refusing to wilt, Oredo II mounted a spirited comeback. Friday Omoregie reduced the deficit in the 52nd minute, and just two minutes later Anthony Ogudu fired home the leveller to seal a pulsating encounter.
With only two matchdays played, the Benin Unity Cup is rapidly gathering momentum—showcasing raw grassroots talent, rekindling local rivalries, and reinforcing the unifying power of football.
The tournament, sponsored by Senator Neda Imasuen, aims to empower young players and provide pathways for emerging talents to secure opportunities abroad.
News
Insecurity: What Sheikh Gumi Told Me After Visiting Bandits Hideouts — Obasanjo

Former President Olusegun Obasanjo has revealed details of a private discussion he held with controversial Islamic cleric, Sheikh Ahmad Gumi, regarding the state of insecurity in Nigeria’s forests and the fortification of bandit hideouts.
Speaking in an interview, Obasanjo disclosed that he invited Sheikh Gumi for a meeting following the cleric’s well-publicised visits to meet with bandits in their forest encampments.
Gumi’s firsthand account, according to Obasanjo’s revelation, challenged official narratives regarding military operations in those areas.
According to Obasanjo, Gumi informed him that the bandits had so heavily fortified their positions that any security personnel claiming to have penetrated those specific enclaves were lying.
Obasanjo recounted that the cleric was visibly emotional while describing the demographics of the insurgents, noting that Gumi admitted to weeping after seeing young boys, aged between 13 and 15, who were soaked in hard drugs and carrying dangerous weapons.
He narrated, “When Sheikh Gumi went to meet those boys in the forest, I invited him to come and see me. The first thing he said is that where those boys are they’ve fortified themself, and even if any security personnel claimed they had gone into the area, they were lying to you. He said what made him weep was [seeing] boys of 13, 14, 15 years, soaked in drugs and carrying gun.”
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The former President described the condition of these children as wrecked, stating that the situation remains a significant source of worry for the nation.
“They are wrecked and that worried us. 20 million children that should be in school but are not in school. Those that have no employment, no job and they see in you in abstain affluence, what do you expect them to do?”, he said.
News
FULL LIST: Wike revokes land belonging to Ilorin Emir, Lamido, Fayose, Iyabo Obasanjo, Others In Abuja

Duke, David Mark, Anenih, Ganduje, CBN, Navy, NNPC, Oyo, Kaduna, Borno, others also affected
The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has approved the revocation of 1,095 properties in the FCT belonging to prominent Nigerians after they failed to pay ground rent, land use conversion or Certificate of Occupancy bills. This decision was contained in a statement signed by the management of the Federal Capital Territory Administration (FCTA) Department of Land Administration at the weekend.
The FCTA stated that the enforcement action to be taken against the defaulters commenced after a 14 day grace period, which expired on Tuesday, November 25, 2025. Out of the 1,095 defaulters, 835 were listed as ground rent defaulters, while 260 were listed as land use contravention payment defaulters. The list also contained the file numbers, plot numbers, CADZONE, districts, rent owed, and revocation dates of the listed properties.
The properties listed in the statement included those belonging to federal and state governments, businesses and prominent individuals.
Notable individuals on the list are former Chief of Army Staff, Theophilus Yakubu Danjuma; former First Lady, Patience Jonathan; former Senate President, David Mark; former Jigawa State governor, Sule Lamido; Senator Ali Ndume; former PDP national chairman, Abubakar Kawu Baraje; former Osun State deputy governor, Senator Iyiola Omisore; Emir of Ilorin, Ibrahim Sulu Gambari; elderstateman, Professor Bolaji Akinyemi; elderstateman, Tony Anenih; former Minister of Petroleum, Alison Madueke.
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Former governors on the list include Abdullahi Ganduje (Kano); Adeniyi Adebayo (Ekiti); Donald Duke (Cross River); Aliyu Wamakko (Sokoto); Ibrahim Dankwambo (Gombe); Ayodele Fayose (Ekiti); Olagunsoye Oyinlola (Osun).
Others are Minister of State for Industry, John Owan Enoh; Aminu Alhassan Dantata; Bashir Tofa; Audu Abubakar; Bello Mohamed Sani; Mohammed Rabiu; Senator from Ondo State, Senator Jimoh Ibrahim; Ado Abdullahi Bayero; Tanko Abdullahi; Adetunji Olurin; Ghali Umar Na’abba; Dorcas Kuforiji Olubi; Olu Agunloye; Kamorudeen Adekunle Adedibu; Hakeem Baba Ahmed; Iyabo Olusola Obasanjo; Shehu Musa Labaran; Onaolapo Olusegun Soleye; Babatunde Idiagbon.
Notable institutions on the list are the Central Bank of Nigeria (CBN), the Nigeria Navy, the Office of the National Security Adviser, Federal Ministry of Finance, Nigerian Navy, the Nigeria Police, Nigerian National Petroleum Corporation (NNPC), Nigeria Security and Civil Defence Corps (NSCDC), Borno State, Kaduna, Oyo State governments.
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Others are BUA International Limited, First Bank of Nigeria, Standard Trust Bank, Guaranty Trust Bank, Ecobank, Union Bank, United Bank for Africa (UBA), Zenith Bank, Niger Delta Development Commission (NDDC), Committee of Vice Chancellors of federal universities and National Union of Road Transport Workers (NURTW).
The FCTA added that the publication of the defaulting properties came after several notices in national dailies, online platforms and television stations requesting the defaulters to settle their financial obligations and liabilities. The FCTA further stated that by defaulting on the payments, the defaulters have “Contravenes the provisions of Section 28, Subsection 5(a) and (b) of the Land Use Act and also the terms and conditions of the grants of the respective Rights of Occupancy.”
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