•Lifts suspension on Tenored Repo •Retains control over scale, timing of OMO By Babajide Komolafe The Central Bank of Nigeria, CBN, yesterday reversed its seven years restriction on participation of local investors in Open Market Operations, OMO, opening the market to individuals, corporates and non-bank financial institutions. The restriction was introduced in 2019, in a bid to […]

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 […]

The Miami captain flew back to Florida from Argentina on Tuesday night after attending the funeral of his father, Jorge, on Sunday and came on at half-time to a massive ovation.

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 […]

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”.

The Nigeria Democratic Congress (NDC) in Ogun State has endorsed a United States-based medical doctor and philanthropist, Dr. Bolaji Marie Odusina, as its candidate for the 2027 governorship election.

By Peter Egwuatu & Chukwunonso Okolo The Securities and Exchange Commission (SEC) has directed operators in Nigeria’s capital market to immediately identify and freeze funds, assets and other economic resources linked to a Nigerian citizen and three Nigerian companies sanctioned by the United States Government for allegedly facilitating financial transactions connected to the Islamic State of Iraq […]

“Tightens rules on citizens’ personal data collection By Prince Osuagwu Nigeria has officially agreed that data is the new face of the country’s economic rennaissance after President, Bola Tinubu admitted that data is the new oil. The new development sees government appearing to favour data governance as the best way to get the country’s economy […]

The Financial Times has announced the 13th edition of its flagship Africa Summit, themed, “Mobilising Growth in a New Global Order,” scheduled to hold at the Landmark, London. The summit will convene African Heads of State, policymakers, chief executives, investors and next-generation entrepreneurs to examine how the continent can sustain its growth trajectory amid shifting […]

‘One of the abductors identified himself as Peter; they spoke Igala, Fulani and Hausa, so we won’t understand their conversations’

The decline, based on secondary sources cited by OPEC, represents a 2.3 per cent month-on-month reduction in the country’s crude oil output.

Section 73 of the PIA further provides that petroleum prospecting licences and petroleum mining leases shall be granted through a fair, transparent and competitive bidding process in accordance with the Act, relevant regulations and licensing-round guidelines issued by the Commission.

President Tinubu deserves commendation for putting Zacch Adedeji at the wheel of Nigeria’s revenue revolution.

Vanguard News

“The Commission wishes to inform the public that the reproduced ballot papers will arrive in Osun State on Thursday, 13th August”