CBN Raises N3.58tn from NTBs, OMO in May 2025, Demonstrating Investors’ Show of Confidence Kayode Tokede
The Central Bank of Nigeria (CBN) raised an estimated N3.58 trillion through the Nigerian Treasury Bills (NTBs) and Open
Market Operation (OMO) in May 2025, according to a report by the apex bank. This represents about 75 per cent rise from N2.05 trillion raised in April 2025, and demonstrates
a show of confidence in the Nigerian economy by the investors. According to the “Government Securities” data by CBN, the estimated NTB and OMO offer
to investors was at N5 trillion in May 2025, as against the N1.95 trillion in April 2025. The market in May 2025 reflected mixed sentiments, as the amount allotted for OMO
stood at N2.37 trillion, as against the NTB’s N1.21 trillion. Early in the month, investors' cautious response led to subdued trading as market participants awaited auction results.
The CBN conducted six OMO auctions, attracting subscriptions that exceeded N11.3 trillion and allotments totalling over N2.37 Continued on page 5
FG, States, LGs’ Revenue Receives a Boost as FAAC Shares Highest Allocation of N1.818tn in June…Page 5 Sunday, July 20, 2025 Vol 30. No 11060
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Presidency, APC Tackle ADC over Buhari’s Burial for Political Image Laundering Claim Deji Elumoye, Chuks Okocha and Adedayo Akinwale in Abuja The Presidency and the ruling All L-R: National Missioner, Sheikh Abdulrahman Ahmad; National Secretary, Ansar-ud-Deen Society of Nigeria, Alhaji Rahmon Salaudeen; National President, Ansar-ud- Progressives Congress (APC) yesterday Deen Society of Nigeria; Prince Mosediq Adeniyi-Kazeem (SAN); Kwara State Governor, AbdulRahman AbdulRazaq; Deputy President, Ansar-ud-Deen Society of Nigeria, tackled the African Democratic Dr. Ibrahim Adebayo Yusuf; and Alhaji Najim Usman Yasin, during a courtesy visit to the Ahmadu Bello House, in Ilorin…Friday. Continued on page 5
Olukoyede: EFCC Probing 18 Sitting Govs, Awaiting Expiration of Their Tenures Says nothing cultural about spraying, abusing naira
Wale Igbintade The Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyede, has said that his commission is currently investigating 18 sitting governors. He has also debunked the claim that naira spraying was part of the culture and customs of Nigerians, insisting that there was nothing cultural about abusing the country’s currency. Speaking during a sensitisation programme organised in Lagos for stakeholders, including movie producers and bureau de change (BDC) operators, on the ills of naira mutilation and abuse at the weekend, Olukoyede said the agency would take action when
the tenures of the governors elapse. He narrated how a former governor was arrested in the United Kingdom because a hotel manager thought he was mad for spraying pounds. The EFCC boss said the former governor in question fled Nigeria to the UK a day after he handed over power. “I will give you an experience we had in EFCC. There was a time in this country when we were investigating a governor. We don’t wait until they finish their tenures before we investigate,” he said. “As I’m talking to you, I’m investigating 18 governors who Continued on page 5
First Lady Leads Govs' Wives, Other Women WE SHARE IN YOUR GRIEF... First Lady, Hajia Aisha Buhari (left); and First Lady, Senator Oluremi Tinubu, when the First Lady, accompanied by wives of state on Condolence Visit to Buhari's Widow... Pg6 Former governors and other dignitaries, paid a condolence visit to Buhari’s residence in Daura, Katsina State…yesterday