Former Aviation Minister Femi Fani-Kayode has advised President Muhammadu Buhari to leave self-acclaimed Yoruba activist, Sunday Igboho, alone in order to avoid a civil war. Fani-Kayode was reacting to attack on Igboho‘s house in Ibadan by the Department of State Services, DSS, on Thursday. He Igboho is the living manifestation of Oduduwa himself and that he speaks the mind of over 70 million Yoruba people throughout the world. According to him, whoever is trying to kill him is making a big mistake and is pulling the tail of a wild lion and poking the eye of a sleeping giant. “For the sake of Nigerian peace and unity and in the name of God, I call on the Federal Government and President Muhammadu Buhari himself to leave Sunday and his group alone and to tread the path of peaceful coexisten...
Leveraging on excess liquidity that persisted in the banking system and the near zero yields on treasury bills (TBs), the Federal Government, through the Debt Management Office (DMO), raised N2.1 trillion from investors in its monthly bond issuance programme in 2020. This represents 33 percent, year-on-year, (y/y) increase when compared with the N1.58 trillion raised by the DMO in 2019. The N2.1 trillion raised in 2020 also represents 31 percent more than the N1.6 trillion funding target for the DMO under the Revised 2020 Budget. Meanwhile, the monthly bond auctions conducted by the DMO in 2020 recorded 275 percent oversubscription, reflecting scramble for the high yielding FGN bonds by investors. Newsmen report on monthly bond auction results show that the DMO offered N1.825 trillion wort...