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Gold-Backed ETFs: The Next Big Frontier For Nigerian Pension Funds.

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Pension Fund Administrators (PFAs) are set to expand their investment portfolios to include gold-backed securities, following renewed collaboration between regulators and operators in Nigeria’s pension and commodities sectors. The discussions, held at a strategic engagement session hosted by the Lagos Commodities and Futures Exchange (LCFE) in partnership with the National Pension Commission (PenCom), focused on operationalizing the new asset class through Nigeria’s commodities exchanges.....KINDLY READ THE FULL STORY HERE▶

The move follows the September 2025 revision of the Regulation on Investment of Pension Fund Assets, which formally permits pension funds to invest in gold-backed instruments. Experts attending the session described the regulatory update as a landmark step for capital market development, emphasizing its potential to enhance transparency, market liquidity, and long-term economic growth.

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Panelists highlighted gold-backed Exchange-Traded Funds (ETFs) and other regulated commodities instruments as critical tools for portfolio diversification and sustainable wealth creation. Akin Akeredolu-Ale, Managing Director of LCFE, noted that the revised Section 5.9 of PENCOM’s investment regulation opens new avenues for PFAs to channel long-term funds into Nigeria’s real sector while promoting financial innovation and value creation.

Abdulqadir Dahiru, Head of Investment Supervision at PenCom, stressed that pension funds constitute the country’s largest pool of patient capital and that recognizing gold-backed instruments underscores PenCom’s confidence in the emerging commodities market framework. John Abutu, representing the Securities and Exchange Commission, highlighted the SEC’s proactive role in overseeing derivative trading, developing regulatory frameworks, and fostering investor confidence to support growth in Nigeria’s derivatives and commodities markets.

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Panelists from leading pension and commodities institutions emphasized strategies for leveraging gold-backed securities to achieve portfolio diversification and sustainable returns, signaling a growing synergy between the pension industry and the commodities market. Analysts believe this development positions gold-backed investments as a stable, profitable asset class for institutional investors.


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Plateau Killings: Mutfwang Meets Former Governors, Stakeholders Over Insecurity.

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Governor Caleb Mutfwang of Plateau State has convened a high-level security meeting with former governors and key stakeholders in a renewed effort to address the ongoing wave of violence in the state.....KINDLY READ THE FULL STORY HERE▶

News reports that the meeting comes amid fresh attacks in parts of Plateau State that have left several people dead and properties destroyed, worsening security concerns in the North-Central region.

The gathering follows recent violence in Anguwan Rukuba and nearby communities, where dozens of residents were reportedly killed, adding to years of recurring insecurity that has claimed many lives, including women and children.

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The closed-door meeting, held at the Government House in Little Rayfield, Jos, brought together former governors Simon Lalong, Jonah Jang, and Joshua Dariye, as well as former military administrator Rear Admiral Samuel Atukum (retd.) and other key stakeholders.

In a statement shared on his verified Facebook page, Mutfwang said discussions focused on security, welfare, and the overall development of Plateau people, with special attention on the recent attacks in rural communities.

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According to sources, participants reviewed the security situation and expressed deep concern over continued loss of lives and destruction of property.

The stakeholders reportedly agreed on a united approach to restoring peace, strengthening unity, and promoting peaceful coexistence among communities.

They also resolved to develop stronger frameworks to address the root causes of the violence, anchored on values of discipline, courage, and patriotism.

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Brig-Gen Braimah’s Last Conversation With His Twin Brother Before Attack Emerge.

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The late Brigadier General Oseni Braimah was reportedly on a phone call with his twin brother moments before he was killed during a terrorist attack on the 29 Task Force Brigade Headquarters in Benisheikh, Borno State.....KINDLY READ THE FULL STORY HERE▶

News reports that the incident, which occurred on April 9, 2026, claimed the lives of the senior officer and several other soldiers.

A family source told Vanguard that the General was speaking with his identical twin brother, who resides in the United Kingdom, at the time of the attack.

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According to the source, the twins maintained a daily routine of speaking around midnight, but the conversation took a sudden turn that night when unusual activity was noticed at the General’s end.

He said the line went dead abruptly after the General paused during the call, apparently due to the unfolding situation at the base.

The twin brother reportedly made repeated attempts to reconnect, sending messages and calling continuously, but received no response throughout the night.

“He kept trying until about 4 am, but there was no answer,” the source said.

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The family later confirmed the tragedy after a senior military officer contacted them around 6:30 am, informing them that the base had come under attack and that the Brigade Commander was among those killed.

The relative described the incident as devastating, noting that communication had broken down during the assault.

The late General was later buried alongside other fallen soldiers in Maiduguri, Borno State.

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Apostle Chibuzor Suspends Wedding Of Autistic Daughter Amid Public Backlash.

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The founder of Omega Power Ministries, Apostle Chibuzor Chinyere, has suspended the planned marriage of his 21-year-old adopted daughter, Chiemeka Chibuzor, who is autistic, following an overwhelming number of applications from interested suitors.....KINDLY READ THE FULL STORY HERE▶

News reports that the cleric announced the decision on Thursday via his social media page, stating that over 1,000 men had expressed interest in marrying her, prompting him to halt the process indefinitely.

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He wrote, “Chiemeka Chibuzor’s wedding is hereby suspended. More than a thousand applications. No more wedding pending further directive from me.”

The cleric had earlier this week publicly invited proposals for her marriage, setting conditions that included the suitor being young and in good physical and mental health, alongside promised financial support and housing benefits.

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He also said the couple would enjoy lifelong support, including shared property ownership and periodic welfare checks from church members.

The development follows a similar arrangement recently conducted by the church involving a non-verbal autistic man who was married in a ceremony organised by the ministry.

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