News
Ahead of Inauguration: Foreign Guests, Other Dignitaries Arrive Abuja
Foreign guests and other dignitaries have started arriving at the Federal Capital Territory for the inauguration ceremony of the President-elect, Asiwaju Bola Tinubu, who takes over as Nigeria’s President on Monday,
Officials at the Federal Airports Authority of Nigeria confirmed on Saturday that the authority received a memo from the Federal Government on the expected arrival of presidents and other VIPs, who had started arriving at the Nnamdi Azikiwe International Airport, Abuja.
It was also gathered that though foreign nationals had started arriving at Abuja since Monday, the number of visitors coming through the international and presidential wings of the airport increased significantly on Saturday.
A senior Canadian official said the country’s (Canada) delegation would enter Abuja Saturday night.
It was gathered that the Canadian Government would be represented by the Minister of Housing, Diversity and Inclusion, Ahmed Hussen.
Though the time of arrival of the United Kingdom delegation could not be ascertained, our correspondent learnt that the delegation might come in on Sunday. The UK delegation will be headed by the Prime Minister’s Special Envoy for the inauguration.
The delegation includes Minister of State for Development and Africa at the Foreign, Commonwealth and Development Office, Andrew Mitchell; the Prime Minister’s Trade Envoy to Nigeria and Special Envoy on Girls’ Education, Helen Grant, and the British High Commissioner to Nigeria, Dr Richard Montgomery.
From the United States, those on the delegation include; Chargé d’Affaires, US Embassy Abuja, David Greene; United States Representative, California, Sydney Kamlager-Dove, Undersecretary of Commerce for International Trade, US Department of Commerce; Marisa Lago; Commander of US Africa Command, General Michael Langley, and Director, US Trade and Development Agency, Enoh Ebong.
Others are Assistant Secretary of State for the Bureau of African Affairs, US Department of State, Mary Phee; Special Assistant to the President and Senior Director for African Affairs, National Security Council, Judd Devermont, and Assistant Administrator for the Bureau for Africa, US Agency for International Development, Monde Muyangwa.
Speaking on the arrival of VIPs for the inauguration of Nigeria’s 16th President, FAAN’s Head of Corporate Affairs, NAIA, Oluwakayode Adeyeoluwa, told one of our correspondents that a memo was sent to the authority about the high influx of VIPs into Abuja beginning from Saturday.
Adeyeoluwa said, “Of course, we should expect that. Dignitaries and possibly Presidents have started coming, because by the memo that came to my table, it shows that they’ve started arriving.
“They started coming into the country since last week, but it peaked today (Saturday) based on the influx at the international and Presidential wings of the Abuja airport.”
When asked if he had an idea on the Presidents that had already arrived, Adeyeoluwa replied, “No, I didn’t follow-up with that, because those categories of dignitaries will come through the Presidential wing of the airport, and that is not under our jurisdiction.”
India sends delegation
In a related development, the Indian government has sent its Defence Minister, Mr Rajnath Singh, as a Special Envoy of the Prime Minister to attend the inauguration of Nigeria’s President-elect.
The Indian Embassy in Nigeria disclosed in a statement on Saturday that Singh will arrive in Abuja on Sunday for the occasion.
“Mr. Singh is accompanied by a high-level delegation comprising senior officials from the Ministry of Defence and Ministry of External Affairs of India,” the statement partly read.
Heavy security at Eagle Square
Meanwhile, operatives of the Nigeria Police, the Armed Forces, the Department of State Services, Nigeria Security and Civil Defence Corps and the Federal Road Safety Corps, among others, have taken over Eagle Square, venue of the inauguration.
Military personnel, police officers and other security agents deployed for the match past parade continued their dress rehearsals at the venue.
During a tour of the city centre by one of our correspondents, it was observed that major roads leading to the Central Area of the Federal Capital Territory were partially cordoned off by security operatives.
The Central Business District began to look like a ghost town due to the presence of heavy security operatives. Several helicopters were also seen hovering over the city for aerial surveillance on Friday and Saturday.
Similarly, vehicles belonging to the Presidential Guards Brigade and the Nigeria Police Force were seen moving around the city centre, blaring sirens.
Security at five-star hotels
At the Fraser Suites Hotel, one our correspondents observed the presence of four armed police officers stationed at the entrance and an NSCDC squad car in the parking lot and a couple of military officers in the hotel lobby on Saturday.
Hotel security officers conducted car bomb checks upon entry and also directed guests to go through the metal detectors, as well as put their luggage through the detectors.
Some foreign nationals, believed to be delegates of European and Asian countries were spotted moving in and out of major Abuja hotels. The front desk officer confirmed that the hotel was fully booked and would only be available after the inauguration.
At the Transcorp Hilton, several vehicles both of the Nigeria Police Force and the NSCDC were stationed at the junction of Aguiyi Ironsi Street where the hotel is located.
Business
Heirs Energies Secures $750 Million Financing from Afreximbank for Expansion
Heirs Energies Limited, Nigeria’s leading indigenous integrated energy company, has secured a $750 million financing facility from the African Export-Import Bank (Afreximbank).
The deal was finalized during a signing ceremony in Abuja on December 20, 2025, attended by Tony O. Elumelu, CFR, Chairman of Heirs Energies, and Dr. George Elombi, President and Chairman of Afreximbank.

This transaction marks one of the largest financings ever obtained by an indigenous African energy firm, underscoring strong confidence in Heirs Energies’ operational track record, governance, brownfield expertise, and future growth potential.
Since taking over operatorship of Oil Mining Lease (OML) 17, Heirs Energies has implemented a rigorous turnaround strategy, emphasizing production recovery, asset integrity, and efficiency gains.
Through targeted interventions and infrastructure upgrades, the company has shifted from acquisition-focused funding to a sustainable capital structure suited to long-term reserve development.
Production has doubled since acquisition, rising from 25,000 barrels of oil per day (bopd) and 50 million standard cubic feet of gas per day (mmscf/d) to more than 50,000 bopd and 120 mmscf/d currently. All gas output is supplied to Nigeria’s domestic market, playing a key role in supporting national power generation.
The company has also overhauled community engagement and upheld top-tier health and safety standards.

The new Afreximbank facility will fund accelerated field development, production optimization, and strategic growth initiatives, all while adhering to strict capital discipline.Tony O. Elumelu, CFR, Chairman of Heirs Energies, commented: “This transaction is a powerful affirmation of what African enterprise can achieve when backed by disciplined execution and long-term African capital.
It reflects the successful journey Heirs Energies has taken—from turnaround to growth—and reinforces our belief in African capital working for African businesses. This is Africa financing Africa’s future.
”Dr. George Elombi, President and Chairman of Afreximbank, added: “Afreximbank is proud to support Heirs Energies at this pivotal stage of its growth.
This financing reflects our confidence in the company’s leadership, governance, and asset base, and aligns with our mandate to support African champions driving sustainable economic transformation across the continent.
”The deal highlights Afreximbank’s commitment to empowering indigenous operators capable of advancing energy security, sustainable development, and economic value throughout Africa.

With this funding in place, Heirs Energies is well-positioned for its next growth phase, prioritizing operational excellence, responsible resource management, and lasting stakeholder value.
Heirs Energies Limited is Africa’s leading indigenous-owned integrated energy company, dedicated to addressing the continent’s energy demands while advancing global sustainability objectives. It emphasizes innovation, environmental stewardship, and community development in the evolving energy sector.
The African Export-Import Bank (Afreximbank) is a Pan-African multilateral institution focused on financing and promoting intra- and extra-African trade, supporting industrialization, trade growth, and economic transformation.
Crime
BREAKING: Nigeria Secures Release of Last 130 Abducted Pupils in Niger State; None Remain in Bandit Captivity
All schoolchildren abducted from St. Mary’s Catholic Private Primary and Secondary School in Papiri community, Agwara Local Government Area of Niger State, have been freed.
The final group of approximately 130 pupils was released on Sunday, bringing an end to a month-long ordeal that began with the kidnapping of over 300 students and staff on November 21, 2025.
Officials from the Office of the National Security Adviser (ONSA) confirmed the development to journalists, stating that no children remain in captivity. The release was attributed to sustained security operations and coordinated efforts by Nigerian forces.
The armed attack on the boarding school by gunmen—widely described as bandits—sparked nationwide outrage and heightened fears over the safety of educational institutions in northern Nigeria.
The incident was one of the largest mass abductions since the 2014 Chibok girls’ kidnapping.
Previous batches of pupils had been freed or escaped in the weeks following the abduction, with reports indicating phased releases amid ongoing rescue efforts.
Families in the remote Papiri community, who endured weeks of anguish, expressed profound relief at the news. Security agencies hailed the outcome as a significant victory, though calls continue for enhanced measures to protect schools from future attacks.
Authorities have not disclosed specifics on whether ransoms were involved or the exact circumstances of the final release.
More details to follow as they emerge.
News
Sanwo-Olu hails Kolade-Otitoju on TVC’s appointment as News Director,
Kolade-Otitoju, … an award-winning journalist and seasoned media professional with over 30 years of experience in the sector, has what it takes to deliver effectively in his new assignment.
The Governor of Lagos State, Babajide Sanwo-Olu, has congratulated renowned and award-winning journalist Babajide Kolade-Otitoju on his appointment as the Director of News at Television Continental (TVC).
He described it as deserving considering his experience, commitment, and long years of service in the media, particularly at TVC.
Governor Sanwo-Olu, in a statement issued on Friday by his Special Adviser on Media and Publicity, Gboyega Akosile, said Kolade-Otitoju, as an award-winning journalist and seasoned media professional with over 30 years of experience in the sector, has what it takes to deliver effectively in his new assignment.
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