Compilations of the latest updates and happenings in Nigeria today, Thursday 30th October, 2025
House Of Reps Approves Tinubu’s $2.35billion Loan Request, $500million Sukuk Plan
The House of Representatives has approved President Bola Tinubu’s request to borrow $2.35 billion to finance part of the 2025 budget deficit, aligning with the President’s earlier proposal to raise fresh funds from the international capital market.
The approval, granted on Wednesday, also covers Tinubu’s plan to issue a $500 million debut sovereign sukuk in the international capital market to fund key infrastructure projects and broaden Nigeria’s access to alternative financing sources.
The green chamber’s decision followed consideration of the report of its Committee on Aids, Loans and Debt Management.
Which recommended implementation of the new external borrowing of N1,843,669,786,987.16 (equivalent to $1,229,113,000.00) at the budget exchange rate of $1.00/N1,500 as provided in the 2025 Appropriation Act to part-finance the N9.27 trillion budget deficit.
The approval brings to fruition the financing plan President Tinubu laid before the National Assembly in October, when he asked lawmakers to endorse a comprehensive strategy to raise a total of $2.347 billion from the international capital market.
Tinubu’s pardon U-turn draws fire from Atiku’s aide
The Senior Special Assistant on Public Communication to former Vice President Atiku Abubakar, Mr. Phrank Shaibu, has criticised President Bola Tinubu for what he described as a “reactionary” and “embarrassing” reversal of the presidential pardon earlier granted to some convicted drug traffickers, kidnappers and other serious offenders.
In a statement, yesterday, Shaibu accused the administration of lacking foresight and moral conviction, saying the decision to revoke the clemency only came after intense public outrage.
Once again, Nigerians have witnessed a government that doesn’t lead, it reacts.
President Tinubu has cancelled his own pardon for drug traffickers, kidnappers and other hardened criminals, but only after Nigerians shouted loud enough to wake him from his moral slumber”, he said.
He argued that the President’s decision amounted to “an act of shame, not wisdom,” questioning the process that led to the controversial list of pardoned individuals.
Gov. Mbah commends MTN Foundation for investing in education and youth empowerment
The Enugu State Government has praised the MTN Foundation for its sustained investment in education and youth empowerment across Nigeria
Governor Peter Mbah described the foundation’s scholarship scheme as a vital contribution to human capital development.
Represented by the Commissioner for Environment and Climate Change, Prof. Sam Ugwu, the governor gave the commendation on Wednesday at the 2025 MTN Foundation Scholarship Award and Alumni Induction Ceremony held at The Dome Event Centre, Enugu.
Odumodublvck Reignites Conversations About Tribalism In Nigeria
Nigerian rapper Odumodublvk has sparked online discussions about how one of Nigeria’s deepest sociocultural issues is much worse than racism.
This comes after his recent statement during a BET interview about how Africans treat each
On October 29, 2025, the rapper took to X (formerly Twitter) with a simple message,
“Tribalism is worse than racism,” and his post immediately struck a chord.
Many, many Nigerians agreed with him, stating that tribalism, the bias and discrimination between ethnic groups within the same country, has caused more harm than racism ever could.
Others slammed the singer’s take, stressing that racism cuts deeper than tribalism under any circumstance.
Dollar to Naira exchange rate today, October 30, 2025
The naira traded stronger in official trading today while the parallel (black) market remained weaker, underscoring a persistent gap between electronic foreign-exchange markets and street dealers.
At the Daily Nigerian Foreign Exchange Market (NFEM) — the volume-weighted official market rate published for interbank/official transactions — the dollar was trading around ₦1,452.8/US$ on October 30, 2025.
This level is in line with recent official-market gains that have seen the naira strengthen from earlier October levels.
Meanwhile, Lagos parallel-market dealers quoted the dollar between ₦1,480 and ₦1,495 — with dealers buying around ₦1,480 and selling up to ₦1,495 — keeping the parallel market roughly ₦25–₦40 weaker than the NFEM rate.
The parallel spread remains an important indicator for importers and retail pricing despite improvements in official FX liquidity.
See What Nathaniel Bassey Do, Man Who Closely Watch Shares His Hand Movement
A Nigerian man has caught the attention of many after sharing a deep observation about gospel singer and pastor Nathaniel Bassey’s hand movement during the popular Hallelujah Challenge.
The man pointed out that the singer often makes a particular gesture that seems to signal something powerful is about to happen during the midnight worship sessions.
In the viral video shared by TikTok user @certain_dan, the man explained that he had been watching Nathaniel Bassey closely during the Hallelujah Challenge and noticed a recurring gesture.
According to him, whenever the gospel minister scratches his head while praying, singing, or reading scriptures, it usually precedes a “spiritual banger.”
Reps to probe TETFund funded project across Nigeria
The House of Representatives has resolved to investigate the standard and quality of completed and ongoing projects executed by the Tertiary Education Trust Fund (TETFund) in tertiary Institutions across the country to ensure value for money.
In its resolution following a motion sponsored by Aderemi Oseni (APC, Oyo), the House asked the Federal Ministries of Education and Finance, the National Universities Commission, TETFund and development partners to work out modalities to refurbish the First-Generation Universities to restore the glory and quality of the universities.
Leading the debate on the motion, Oseni recalled that First-Generation Federal Universities in Nigeria in the early 60s exuded glory, glamour, quality and class from inception, and were also the pride of the nation in those days
Adding that the standard and quality of these first-generation universities, in terms of quality of teachers, students and infrastructure attracted them to foreign students and international recognitions across the world.
NDOKWA-UKWUANI: NPN faults Ned Nwoko over Igbo claim
Socio-cultural group, Ndokwa Professional Network, NPN, has disagreed with senator representing Delta North senatorial district, Ned Nwoko, over his comment that Ndokwa-Ukwuani people are Igbo and speak the Igbo language.
President of NPN, Mr Nigel Ojji; General Secretary of the group, Dr Great Ijomah and Board of Trustee Chairman, Dr Edike Kaine, in a statement, faulted the remark, arguing that it does not represent the authentic heritage or identity of the Ndokwa-Ukwuani people.
The statement reads:
“While we hold Senator Nwoko in high esteem as a respected legislator and advocate of Delta North interests, his recent comments are factually inaccurate, historically misleading, and culturally inconsistent with the established realities of the Ndokwa-Ukwuani people of Delta State.
It will not work for you!” – Hellen Ati drags Cubana Chief Priest, alleges he sent men to trap her
Hellen Ati, alleged mother of Cubana Chief Priest’s child, has gone public again accusing him of sending men to trap her, escalating their ongoing dispute.
The estranged baby mama shared screenshots of messages she claims were part of the attempt, describing the move as intimidating and manipulative.
According to Hellen, Cubana has consistently avoided acknowledging their child and has refused to participate in a DNA test that could finally settle the paternity issue.In a recent post on her Insta story.
she vented:
Pascal Okechukwu it will not work for you keep on sending people to come and do the DNA nonsense.
”How our dog died after eating poisoned food meant for us — Adeboye’s wife
Foluke Adeboye, the wife of Pastor Enoch Adeboye, the General Overseer of the Redeemed Christian Church of God (RCCG), has revealed how her family dog passed away on January 1st due to having eaten poisonous food that was delivered to their residence.
The 77-year-old cleric recounted the near-trageity in a video recently shared with church members, stating that the household barely escaped harm when the suspicious meal was taken from their table.
Mrs. Adeboye explained that the food was brought to their residence as one of the many New Year gifts received.
However, feeling a sudden sense of unease, she instinctively instructed her staff to feed the dish to their dogs.
“Somebody on one of the New Year Day brought food to our house. Of course, so many people had been coming in, going, and eating.
I just entered into the kitchen and asked who owned this food.
They said a person brought it. I looked at the food and asked them to give it to the dogs,” she narrated.
