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Investors snap up AG Mortgage Bank’s N3.97b CP with 100% subscription

Investors snap up AG Mortgage Bank’s N3.97b CP with 100% subscription

By Babajide Komolafe AG Mortgage Bank Plc has significantly bolstered its liquidity position after investors completely snapped up its N3.97 billion Series 2 and 3 Commercial Paper (CP) issuance. By achieving a 100 percent subscription rate, the bank has secured critical, cost-effective short-term funding that will enable it to scale its mortgage financing operations and accelerate […]

Petrol consumption falls by 600,000 litres/day

Petrol consumption falls by 600,000 litres/day

By Ediri Ejoh Nigeria’s daily consumption of Premium Motor Spirit (PMS), otherwise known as petrol, fell by 1.27 per cent to 47.4 million litres per day (ML/D) year-on-year (YoY) in June 2026, from 48 million litres per day recorded in the corresponding period of 2025. This represents a decline of about 600,000 litres per day over the […]

Over 30 countries condemn Iran executions

Over 30 countries condemn Iran executions

More than 30 nations, including France, Britain and Canada, have condemned Iran’s use of capital punishment, saying in a joint statement on Wednesday the Islamic republic was executing protesters to “silence dissent”.