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Investor Confidence Spikes As FG’s N300bn Islamic Bond Attracts Record N2.2trn

Nigeria’s debt market has witnessed an unprecedented show of investor confidence as the Federal Government’s Series VI Sovereign Sukuk offering attracted a staggering N2.205 trillion in subscriptions—an oversubscription rate of 735 per cent, according to report by Debt Management Office (DMO). Originally targeting N300 billion, the seven-year Ijarah Sukuk was floated to finance critical road...
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Akpabio Appoints Sen Konbowei As Chairman, SSDC Committee

In a significant development aimed at accelerating regional growth, Senate President Godswill Akpabio has appointed Senator Benson Friday Konbowei, representing Bayelsa Central, as Chairman of the Standing Committee on the South-South Development Commission. The appointment was officially announced on the Senate floor earlier this week. Senator Asuquo Ekpeyong was also named Vice Chairman of the...
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ADP’s Sani Calls Tinubu’s Economic Reforms Bold But Disconnected From Nigerians’ Realities

As President Bola Tinubu marks the midpoint of his tenure, the 2023 presidential candidate of the Action Democratic Party (ADP), Yabagi Sani, has weighed in on the administration’s economic direction, describing the reforms as “bold and fundamental,” but ultimately misaligned with the realities facing everyday Nigerians. Speaking on a current affairs programme on Eagle 102.5...
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Govt Hails Silicon Valley’s Role in Attracting Investors

The Federal Government has expressed delight over the attraction of foreign investors by the Chairman/Chief Executive Officer of Silicon Valley Nigeria Economic Development, Chief Temitope Labinjo-Ajayi. A statement by the company quoted the Minister of Solid Minerals Development, Dele Alake, as stating this after he met with a delegation led by the Chairman, Allen Le...
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Emefiele Appeals Forfeiture Of 753-Unit Housing State

Former Central Bank of Nigeria (CBN)Governor, Godwin Emefiele, has approached the Court of Appeal Abuja seeking to overturn a judgment granting the government full control of a substantial estate in Abuja comprising 753 housing units. The Economic and Financial Crimes Commission (EFCC) last week obtained a court order to seize the estate, situated in the...
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I apologise for saying no heaven without tithe – Adeboye

The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, has apologised for saying that Christians who don’t pay tithe might not make it to heaven. Adeboye who had previously said that paying tithe was one of the prerequisites for going to heaven, apologised for the comment while addressing his congregation Thursday...

Protesters storm Rivers electoral commission, insist election must hold

Angry protesters on Friday stormed the office of the Rivers State Independent Electoral Commission, singing and chanting ‘Election must hold’. They defied the heavy rainfall spreading canopies, while singing and drumming, with one side of the road blocked. The protest came after the Rivers State governor stormed the RSIEC in the early hours of Friday...

Man who asked Tinubu to resign admitted in psychiatric hospital

The Adamawa State Police Command has disclosed that the 30-year-old Abdullahi Mohammed who climbed a 33 kv high tension electricity pole in Mayo-Belwa last Friday has been admitted at the Yola Psychiatric hospital for mental examination. The Police Public Relations Officer of the command SP Suleiman Nguroje, told Arewa PUNCH on Friday in an exclusive...