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Dave Umahi

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Demand surges as Nigeria’s March bond auction oversubscribes

Nigeria's March FGN bond auction drew N931.5 billion in bids against a N750 billion offer, a 4.28 percent oversubscription.
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Nigeria’s oil exploration plunges 45 percent in February

Nigeria's oil exploration contracted sharply in February 2026, with active rigs falling 45 percent to 22 from 40 in January.
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Nigeria Says Third Mainland Bridge Rehab Cost N43 Billion

Nigeria says the Third Mainland Bridge rehabilitation cost N43 billion, while the CCTV control centre cost about N2.5 billion, rejecting reports of inflated surveillance spending.
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Wike Praises Tinubu, Umahi as East West Road Opens to Traffic in Rivers Bonny Axis

KEY POINTS Wike applauds Tinubu and Umahi for opening the East West Road linking...
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FG Declares Carter Bridge ‘Irredeemable,’ Plans New Alignment

The Federal Government says Carter Bridge in Lagos is in a critical state and may be beyond repair, with plans for a new alignment underway.
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South East APC Forum Calls for Clarification on Umahi’s Remarks

The South East APC Forum demands Senator Umahi's clarification on his remarks about the Anambra opposition ahead of the 2025 election.
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FG to Take Over Unfinished Lagos-Ibadan Expressway Sections

The Federal Government planned to assume control of incomplete sections along the Lagos-Ibadan Expressway starting from April 2025.
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N800 Billion Insufficient to Fix Nigeria’s Roads — Umahi

Nigeria’s road infrastructure needs increased funding and the N800 billion allocation is too little for the country, says Minister Dave Umahi.
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Concerns Raised Over Nigeria’s Road Construction Equipment

Federal Government expressed concern yesterday about the country's road construction status. Alarmingly, over the...

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News

Demand surges as Nigeria’s March bond auction oversubscribes

Nigeria's March FGN bond auction drew N931.5 billion in bids against a N750 billion offer, a 4.28 percent oversubscription.
News

Nigeria’s oil exploration plunges 45 percent in February

Nigeria's oil exploration contracted sharply in February 2026, with active rigs falling 45 percent to 22 from 40 in January.
News

Nigeria brings home 1,230 citizens stranded in Niger

Nigeria's Federal Government brought home 1,230 stranded citizens from Niger in March 2026, completing the evacuation in two airlifts.
News

OO Poly Aba launches EdTech and anti-drug drive

Ogbonnaya Onu Polytechnic Aba plans to introduce Educational Technology courses and partner with the National Drug Law Enforcement Agency to curb student substance abuse, Rector Christopher Okoro Kalu announced this week.

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