admin

Fixed Income Investors Dump FGN Bond on Policy Inaction The average yield on the Federal Government of Nigeria (FGN) bond rose by 8 basis points (bps) as a result of selloffs in the secondary market. This plunged prices of bond assets downward while yield ascended on expected monetary policy inaction on rates. Investors have recently […]

Tinubu Seeks German Investment in Critical Sectors President Bola Tinubu has called for German investment in critical sectors of Nigerian economy such as power and rail transportation. A statement by presidential spokesman Ajuri Ngelale, said Tinubu made the call at a meeting with German Chancellor Olaf Scholz, on the sidelines of the G20 Compact with […]

C&I Leasing Offers Commercial Paper for Subscription –FSDH To support its working capital requirement, C&I Leasing Plc has opened its N5 billion commercial paper for subscription to the investing public. The company launched up to ₦5 billion Series 3 Commercial Paper Issuance under its ₦50 Billion Commercial Paper Issuance Programme, according to details from FSDH […]

*Petro Union, Directors Accused Of Attempt To Steal £2.6bn from Government The Federal Government on Monday urged Justice Mohammed Liman of the Federal High Court to dismiss the No-Case application filed by Petro Union and three of its directors alongside a Consultant who are currently standing trial for alleged £2.6bn fraud. FG’s lawyer, Rotimi Jacobs […]

Governor Babajide Sanwo-Olu of Lagos State has said his administration is open to criticism. The governor said this in response to the controversy that has trailed the procurement record released by the Lagos State Public Procurement Agency. Speaking during the inauguration of the Lagos State Building Control Agency Building, Ikeja, the governor said he welcomed […]

The Minister of Defence, Mohammed Badaru, has said Nigeria would not continue to rely on other countries for military hardware to prosecute the war against Boko Haram, bandits and other criminals. He said the country must find ways to locally produce military hardware to prosecute the war against terrorists and other criminal elements in the […]

At least 27 suspects were apprehended on Tuesday during a raid conducted by the Anti-Touting and Ethics Committee of the Nigerian Bar Association (NBA), Ibadan branch. The operation targeted individuals involved in the unlawful practice of law, touting, and unauthorised preparation of legal documents within court premises across the Ibadan metropolis. The raid led by […]

The Court of Appeal has set aside the September ruling of the Kano State Governorship Election Tribunal which nullified the election of Governor Kabir Yusuf of the New Nigeria Peoples Party (NNPP). Download the CTC Contrary to its Friday pronouncement upholding the judgement of the Kano Governorship Election Petition Tribunal, the certified true copy of […]

The Defence Headquarters has refuted a viral report that the Chief of Defence Staff (CDS), General Christopher Musa is dead. Musa was appointed by President Bola Tinubu as the Chief of Defence Staff on June 19, 2023. He is a member of the 38th Regular Course of the Nigerian Defence Academy and was commissioned on […]

The minister of the Federal Capital Territory (FCT), Nyesom Wike on Tuesday, November 21, disclosed that he has saved N110 billion for the Federal Capital Territory Administration (FCTA) since he assumed office. Wike revealed this while holding a meeting with estate developers in Abuja. The minister expressed displeasure over the rate at which fake Certificate […]

The Speaker of the Plateau State House of Assembly, Moses Sule has resigned and Dewan Gabriel is now the new Speaker. Sule is of the People’s Democratic Party, PDP and represents the Mikang State constituency while Gabriel is of the Young Progressives Party, YPP and represents the Pankshin North constituency. The drama started this morning […]

Members of the dissolved Osun State Judicial Service Commission on Tuesday alleged that the state governor, Ademola Adeleke, sacked their commission to pave the way for the removal of the Chief Judge, Justice Adepele Ojo. In a statement signed by Messrs Rotimi Makinde and Tomi Olagbaju on behalf of the other members of the commission, […]