Debt Management Office ,DMO, has launched the September 2025 Federal Government of Nigeria ,FGN, savings bonds, offering investors attractive interest rates of up to 16.541% per annum.
Naira is expected to remain stable, underpinned by robust FX liquidity and an efficient FX market. Specifically, analysts expect sustained inflows from foreign portfolio investors ,FPIs, due to stronger market confidence. Additionally, improving non-oil exports, as well as limited incentives for naira speculation, are expected to reinforce steady inflows from domestic sources.
Crisis rocking the Peoples Democratic Party, PDP, may cost the party its National Convention slated to hold in November, Minister of the Federal Capital Territory, FCT, Barrister Nyesom Wike, has said.
Minister of the Federal Capital Territory, Nyesom Wike, has fired back at former Vice President Atiku Abubakar and Labour Party’s Peter Obi, stating that both politicians are unqualified to declare the Rivers State local government election illegal.