Nigeria’s Treasury Bills Auction Oversubscribed by 254.23 Per Cent Naira maintains slide, now N1,308/$ on official market, N1,300/$ on parallel market
Nume Ekeghe and Kayode Tokede
The Nigerian Treasury Bills (NTBs)
issued by the Central Bank of Nigeria (CBN) yesterday recorded an oversubscription of 254.23 per
cent as investors’ total subscription stood at N531 billion as against the N142.57 billion offered.
This comes just as the downward trajectory of the naira on both the official and parallel FX market
continued for the third consecutive day. Specifically, on the Nigerian Autonomous Foreign Exchange
(NAFEM) window, the naira closed Continued on page 10
Rivers: Wike’s Loyalists Reject Fubara's Redeployment, Resign from Cabinet... Page 35 Thursday 25 April, 2024 Vol 29. No 10606. Price: N400
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EFCC Hands over 14 Forfeited Properties to Enugu Government... Page 34
Sanwo-Olu: We’ve Offered Free Food to 500,000 Households in Lagos Under Eko Cares Says medical outreach to commence next week
Segun James
Governor Babajide Sanwo-Olu
yesterday said he had fulfilled his promise to stand by the vulnerable amid the global economic hardship.
A statement yesterday, quoted the governor to have made the remarks before a crowd of excited community
leaders, workers and other Lagosians, at the public presentation of Eko Cares, the umbrella of all the social
interventions announced by the government. The event was held on the grounds of the Governor’s
Office in Alausa, Ikeja. Continued on page 10
Tinubu: We Need More Functional Justice System to Protect Rights of All Citizens Declares open national summit on justice Akpabio wants abuse of exparte order curbed We owe president for our achievements, says Ariwoola Deji Elumoye and Alex Enumah in Abuja President Bola Tinubu has charged the judicial arm of government to embark on reforms that would ensure a functional justice system that would support a rapidly growing economy, guarantee basic human and political rights of individuals as well as provide security and justice to all Nigerians. Tinubu, who was represented by Vice-President Kashim Shettima, gave the advice yesterday while declaring open this year's National Summit on Justice in Abuja. Also speaking at the event, President of the Senate, Godswill Akpabio, observed that the summit was not just a forum for discussion but a call to action, adding that expert's recommendations must be translated into effective policies that would address not only the current inefficiencies but also future Continued on page 10
National Summit On Justice...
L- R: President Nigerian Bar Association (NBA), Yakubu Maikyau; Deputy Senate President, Jibrin Barau; Vice President Kashim Shettima; President of the Senate, Godswill Akpabio and the Chief Justice of Nigeria (CJN), Olukayode Ariwoola, during the National Summit on Justice, held at the National Judicial Institute (NJI) in Abuja... yesterday