Day: September 10, 2025

Investors Maintain Positions as Bond Yields Remain Unchanged at 16.97%

Editor

The average yield of Federal Government of Nigeria (FGN) bonds closed flat at 16.97%, reflecting the lack of a bargain-fueling event to boost investors’ muted attitude. According to credit rating agencies, bond investors maintained tight positions in the face of economic uncertainty, erratic returns, and sporadic profit-taking. Citing low trading activity in the secondary market, the investment business claimed that the average yield closed flat at 16.97% at the end of the trading session. The average yield increased at the short (+1 basis point) end of the benchmark curve due…

BREAKING: INEC recognizes David Mark as ADC party leader

Editor

On Wednesday, the African Democratic Congress’s  ADC leadership under David Mark was formally acknowledged by the Independent National Electoral Commission. This came after a period of internal party reorganization that resulted in the appointment of new national officers with the goal of realigning the ADC in advance of upcoming elections. In addition to Mark, other key figures who have been formally recognized by INEC are Professor Oserheimen Aigberaodion Osunbor as National Legal Advisor, Dr. Ibrahim Mani as National Treasurer, Akibu Dalhatu as National Financial Secretary, and Ogbeni Rauf Aregbesola as…

Five African Nations Eye Historic First World Cup Qualification

Editor

With history at their fingertips, a number of African nations are aiming high as the 2026 FIFA World Cup qualifiers move into the last round. Although heavyweights like Tunisia and Morocco have guaranteed their spots, five nations are poised to qualify for the tournament for the first time, if certain conditions are met. Here’s a breakdown of their chances: Gabon – Group F Since they are only one point behind leaders Ivory Coast, who have 20 points, Gabon’s prospects are still alive. They can win both of their remaining games…

Former Premier League referee charged with child abuse image offense.

Editor

David Coote, a former Premier League referee, has been accused of creating an offensive image of a child. The 43-year-old Coote was fired from his officiating position in December when it was discovered that he had made disparaging comments about former Liverpool manager Jurgen Klopp in 2020 on camera. Creating an indecent image of a kid includes actions like downloading, sharing, or storing images or recordings of abuse. Coote, who is now on restricted release after being accused on August 12, is scheduled to appear at Nottingham Magistrates’ Court on…

2027: INEC worried over early campaigns by politicians

Editor

Concern has been raised by the Independent National Electoral Commission (INEC) regarding the increasing use of early campaigns by politicians and their surrogates, which is obviously against the law. This was revealed by Prof. Abdullahi Zuru, the national commissioner of INEC and the chairman of the board of the Electoral Institute TEI, during a roundtable of stakeholders held in Abuja on Wednesday to discuss “The Challenges of Premature Political Campaigns.” He claims that early campaigns are now carried out through billboards, social media, and even in-person events under the guise…