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Investors Rejoice! FG And CBN Flood Market With Bonds And ₦250bn In Treasury Bills

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According to NIVONEWS, in a strategic move to boost retail investor participation and broaden the base of domestic investors in government securities, the Debt Management Office (DMO) has unveiled the July 2025 issuance of the Federal Government of Nigeria (FGN) Savings Bond.....KINDLY READ THE FULL STORY HERE▶

This month’s offer features a 2-year bond maturing on July 16, 2027, with an interest rate of 15.762 percent per annum, and a 3-year bond maturing on July 16, 2028, yielding an even more attractive 16.762 percent per annum.

The FGN Savings Bond is designed with retail investors in mind, providing a safe and accessible investment avenue that also contributes to Nigeria’s national development agenda. The offer window is expected to remain open for one week, allowing everyday Nigerians an opportunity to earn fixed income returns.

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At the same time, the Central Bank of Nigeria (CBN) is set to conduct its first Treasury Bills (T-bills) Primary Market Auction (PMA) for July today, July 9, 2025. The CBN plans to raise N250 billion through the auction: N100 billion via 91-day bills, N20 billion in 182-day bills, and N130 billion in 364-day bills.

T-bills remain a go-to investment for institutional players due to their liquidity and virtually risk-free returns. This latest offering comes amid elevated interest rates, which are part of the CBN’s ongoing efforts to rein in inflation and stabilize the naira.

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According to NIVONEWS, both the DMO’s bond issuance and the CBN’s T-bill auction are part of a coordinated fiscal and monetary strategy aimed at managing public debt efficiently while offering diversified investment opportunities. Analysts project strong demand—particularly for longer-tenor instruments—as investors look to secure attractive yields amid economic uncertainty.

NIVONEWS REPORTS”

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Wike-Backed PDP Faction Vows To Field Presidential Candidate.

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A faction of the Peoples Democratic Party (PDP) aligned with the Minister of the Federal Capital Territory, Nyesom Wike, has declared its intention to present a presidential candidate in the 2027 general elections.....KINDLY READ THE FULL STORY HERE▶

This comes despite Wike’s open endorsement of President Bola Ahmed Tinubu for re-election, as well as his recent comments suggesting the party may struggle to fund a nationwide presidential campaign.

However, speaking in an interview, the PDP National Publicity Secretary, Jungudo Haruna Mohammed, dismissed claims that the party would not field a candidate, insisting that preparations are ongoing.

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He said the party’s National Executive Committee meeting scheduled for Monday will address key issues such as zoning arrangements and nomination fees.

According to him, “We are going to have a presidential candidate. The NEC will decide the zoning formula. Our goal is to win the election and take power from the APC.”

Responding to questions about Wike’s support for President Tinubu, he argued that the minister was speaking in his personal capacity and not on behalf of the PDP.

Governor Otti Blames Nigeria's Economic Woes on Low Productivity, Calls for Action

He stressed that there is a clear separation between Wike’s role as a federal appointee and his status within the party, adding that the PDP’s decisions rest with its leadership structures.

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Ibadan Elders Warn Olubadan Over Rift With Makinde: “Tread Carefully”.

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The Balogun of Ibadanland, Oba Tajudeen Ajibola, has revealed that Ibadan elders have stepped into the ongoing tension between Oyo State Governor Seyi Makinde and the Olubadan of Ibadanland, Oba Rashidi Ladoja.....KINDLY READ THE FULL STORY HERE▶

The development follows rising political controversy in the state after former Ekiti State Governor Ayodele Fayose alleged that Makinde was plotting against the Olubadan, a claim denied by both the state government and the palace.

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Amid the growing tension, some lawmakers also distanced themselves from alleged impeachment discussions involving the governor, insisting they were not part of any destabilising plot.

Speaking with journalists in Ibadan, Oba Ajibola said elders in the city had intervened to calm the situation and urged all sides to avoid actions that could disrupt peace in the state.

He stressed that the Olubadan remains a highly respected traditional ruler and should not be drawn into political disputes.

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Ajibola advised Oba Ladoja to remain neutral and act as a father figure to all politicians, regardless of party affiliation, warning that the dignity of the throne must be protected at all times.

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Outrage As Lagos Clears Police Officers, Developer In Owode Onirin Deaths.

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The Lagos State Ministry of Justice has released four police officers and a developer, Abiodun Ariori, who were accused in connection with the killing of six traders in the Owode Onirin area of Kosofe, Lagos State.....KINDLY READ THE FULL STORY HERE▶

The decision followed legal advice from the Directorate of Public Prosecutions (DPP), which concluded that the officers acted in self-defence during a mob attack.

In the advice signed by DPP Babajide Martins, the office stated that investigators failed to provide sufficient evidence, including autopsy and ballistic reports, to support criminal charges such as manslaughter.

Currency Comeback: Naira Set to Level Out Below ₦1,700 – Rewane Reveals

It further stated that available facts did not clearly link the suspects to the deaths, while noting that the officers were acting to protect themselves during the chaos. The DPP also said the developer was not physically present at the scene when the incident occurred.

The incident reportedly happened during the enforcement of a disputed court order over a land area occupied by traders, which later turned violent and led to the deaths.

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However, the Nigeria Police Force disagreed with the legal advice, insisting that autopsy and ballistic findings were strong enough to prosecute the suspects.

Human rights lawyer, Femi Falana, who represents the victims’ families, said the case is not over, adding that additional evidence would be submitted to the DPP while also pursuing compensation through a civil suit.

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