GISTSMATE 01

JUST-IN: FG’s Dollar Bond Attracts $900 Million Subscription

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun has said Nigeria’s first-ever foreign-currency domestic bond has secured $900m in subscriptions. While discussing the results of the historic bond issuance on Tuesday, Edun noted that the oversubscription reflects investor confidence in Nigeria’s economic stability and potential for growth. “The issuance of this…

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FLASH: Court Freezes N548.6 Million Belonging To ‘ByBit, KuCoin’ Nigerian Crypto Users

Nigeria’s anti-graft agency, the Economic and Financial Crimes Commission (EFCC), has secured an order from the Federal High Court to freeze N548.6 million in bank accounts belonging to suspected crypto users on platforms like ByBit, KuCoin, and others, based on their alleged role in naira fluctuations. The motion, dated September 3, 2024, which the court…

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20 Chairmanship Aspirants Test Positive For Drugs In Kano – NDLEA

The National Drug Law Enforcement Agency (NDLEA) has said that 20 chairmanship aspirants in Kano State have tested positive for multiple drugs during screening for the upcoming local government elections. NDLEA’s Commander in the state, Abubakar Idris Ahmad, said the aspirants presented by the ruling NNPP in the state tested positive for substances including opioids,…

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Gunmen Invade Church, KÂĄll Youth Leader, Abduct 2

Gunmen, on Saturday, invaded a church, God’s Doing Healing and Deliverance Ministry, in Orodo, Mbaitoli Local Government Area of Imo State, and left one youth leader, Samuel Ogbonna, dead. Until his death, Ogbonna was the proprietor of Feel at Home, a restaurant/bar located within the environment, and a close aide to the general overseer of…

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