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CBN: Fixed-Income Trading Surges To N1.06tn

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CBN: Fixed-Income Trading Surges To N1.06tn

The Nigerian fixed-income market recorded a massive surge in liquidity and investor participation as total single-day trading volume crossed the N1tn threshold.

Data released by the Central Bank of Nigeria from the official Fixed Income Dashboard on Thursday, 4 June 2026, reveals that market turnover reached exactly N1.06tn across 551 executed trades, driven by intense demand for short-term government debt instruments.
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Nigerian Treasury Bills emerged as the primary catalyst for the day’s historic turnover, accounting for more than half of the total market volume. Investors aggressively channelled capital into these short-term instruments, reflecting a highly active secondary market.

According to the CBN official dashboard summary, “Treasury Bills led the market with 340 trades, pooling an impressive volume of N668,005,110,000, with 24 distinct market participants actively driving the momentum.”

The deepest pocket of activity within the NTB segment was heavily concentrated in the one-year tenors expiring in June 2027. One standout instrument (ISIN: NGT030306275) single-handedly absorbed massive liquidity blocks, including a single transaction flight that reached an N65bn volume at a closing rate of 19.09 per cent.

Other major tranches for the same maturity closed at yields as high as 19.54 per cent, indicating that investors are locking in near-20 per cent rates for 12-month sovereign paper.

In tandem with standard Treasury Bills, the CBN’s Open Market Operations served as another key liquidity sponge, drawing sharp interest from institutional players, particularly in ultra-short positions.

The dashboard highlighted the OMO breakdown, stating, “OMO Bills recorded a total volume of N224,408,000,000 across 43 trades, drawing in 11 key institutional participants as short-term yields continued to march upward.”

A granular look at the OMO details shows that the shortest-term bills, specifically those maturing on 30 June 2026 (0.07 years to maturity), triggered the highest yields of the day, with closing rates hitting a peak of 22.00 per cent for a N56.2bn volume block.

The FGN Bond performance profile noted, “The sovereign bond segment saw 168 trades yielding a total volume of N170,362,824,000, backed by 19 participating institutions.”

The most actively traded paper was the February 2031 FGN Bond (4.72 years to maturity), which cleared N76.26bn in volume at a weighted average rate of 16.61 per cent.

Intriguingly, the longest-dated instrument on the dashboard, the 27-year FGN Bond maturing in June 2053, settled at a much lower closing rate of 14.95 per cent on a modest volume of N6bn.

Conversely, the June 2032 FGN bond (6.06 years to maturity) saw its weighted average rate spike to the highest in the bond category at 18.78 per cent, signalling that the medium-term sector of the curve is bearing the brunt of the market’s current yield premium.

A comprehensive breakdown of the day’s trading activity highlights how the N1.06tn liquidity was distributed across the primary fixed-income asset classes.

The Treasury Bill segment captured the lion’s share of activity, recording 340 trades and a dominant volume of N668.01bn with 24 active market participants.

CBN

CBN

CBN OMO Bills followed as the next largest liquidity absorber, pulling in N224.41bn over 43 trades executed by 11 key institutional participants.

Meanwhile, the FGN Bonds market maintained steady long-term interest, generating 168 trades that accounted for N170.36bn in volume across 19 participating institutions, all culminating in an aggregate of 551 trades and 25 unique market participants, driving the robust single-day performance.
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Economy

US President Trump Lists 25 Achievements of First 20 Months in Office

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US President Trump Lists 25 Achievements of First 20 Months in Office

President Donald Trump has listed 25 achievements he said his administration had recorded since returning to office in January 2025.
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Trump made the claims in a post on his Truth Social platform on Friday, where he highlighted his administration’s policies on immigration, taxes, trade, crime, defence, energy, education and foreign affairs.

Among the achievements listed by the US president were what he described as the “most secure border in history”, the signing of the Laken Riley Act and what he called the largest drop in the US murder rate in history.

Below is the full list:

Achieved the most secure border in history – ZERO illegal aliens admitted to the United States in the past 16 months.
Signed the Laken Riley Act to get dangerous criminal aliens off our streets.
Achieved the largest drop in the murder rate EVER recorded, to the lowest level in 125 years-since 1900.
Signed the largest tax cuts in American History – the Great Big Beautiful Bill-including No Tax on Tips, No Tax on Overtime, and No Tax on Social Security for our great seniors.

Secured commitments for $19.2 trillion dollars of new investment in the United States.
Imposed historic tariffs to bring back American Manufacturing – including 50% tariffs on foreign copper, aluminum, and steel, and 25% tariffs on foreign automobiles.
The stock market has set 80 all-time record highs since the election.

More Americans are working today than at any time in the history of our country.
Made the largest-ever investment in the United States Armed Forces- $1 trillion dollars this year, and hopefully $1.5 trillion next year.
Captured and brought to justice the outlaw dictator of Venezuela, Nicolas Maduro, through Operation Absolute Resolve.

Obliterated Iran’s nuclear enrichment capacity with Operation Midnight Hammer and Operation Epic Fury to ensure Iran will NEVER have a nuclear weapon.
Conducted numerous successful military strikes to smash the drug cartels operating in our hemisphere-brought the flow of deadly fentanyl across our border down by a record 60%.

Secured Most Favoured Nation agreements to reduce the cost of many prescription drugs by price differences of 300, 400, 500, and 600 percent.
Terminated the Green New Scam, declared a National Energy Emergency, and began to Drill, Baby, Drill.
Ended the insane Electric Vehicle Mandate and other crippling regulations on American Automobiles.

American Exports have soared to the highest level in American history-we are on track to export an unprecedented $2.5 TRILLION dollars in goods this year alone.
17 Abolished all discriminatory “Diversity, Equity, Inclusion” (DEI) policies throughout the federal government and private sector.
Banned MEN from playing in women’s sports.
Banned transgender ideology and critical race theory in our schools.

Trump

Trump

Launched Trump Accounts – tax free investment accounts for every American child, starting with $1,000 for every newborn child.
Settled 8 raging wars with historic peace deals in our first 12 months- including the War in Gaza.

Got all living hostages returned to their families, both living and dead.
Halted all refugee admissions to the United States, including from Somalia and other dangerous places.
Deployed National Guard to restore Law and Order to Washington, D.C., Memphis, and New Orleans.
Made English the Official Language of the United States.

The list comes as the Trump administration continues to promote its record ahead of the 2026 US midterm elections.
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Akwa Ibom

Governor Umo Eno Reveals Economic Gains of Convention Centre, Ibom Hotel, Shopping City Projects

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Governor Umo Eno Reveals Economic Gains of Convention Centre, Ibom Hotel, Shopping City Projects

Akwa Ibom State Governor, Pastor Umo Eno, has expressed delight over the economic impact and employment opportunities created by the ongoing International Convention Centre, Ibom International Hotel and ARISE Shopping City projects in Uyo.
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Governor Eno said the projects, beyond their infrastructural significance, have engaged more than 2,000 people daily over the past year, thereby contributing to economic activities and enhancing peace and security in the State.

The Governor spoke on Thursday, September 17, 2026, while addressing members of the Government House Press Corps shortly after inspecting the ongoing construction works at the three project sites in Uyo.

He expressed satisfaction with the pace of work, describing the projects as a manifestation of visions conceived by previous administrations.

“I am happy that there is visible progress and we thank God for what we see on ground. The International Hotel and the International Conference Centre were envisaged 16 years ago and I am happy that we are realizing that vision,” he said.

Governor Eno said the projects would also support the State’s tourism development and youth empowerment objectives under his administration’s ARISE Agenda.

According to him, the facilities, when completed, would boost tourism, attract visitors and investors, create employment opportunities for youths and showcase Akwa Ibom’s tourism potential to the international community.

“The International Convention Centre can take 5,000 people, and there are partitions that would help you segment your meetings. There are twelve breakout rooms, restaurant and other facilities” he said.

The Governor reiterated his administration’s commitment to providing modern tourism facilities that would complement Akwa Ibom’s growing profile as a tourism destination.

“What we are seeing here is part of development. If this is a state capital, and we want tourists to visit, we must have the facilities to accommodate them by developing those facilities to international standards,” he added.

Governor Eno commended the contractors handling the projects for maintaining the pace of work and expressed hope that the facilities would be completed and commissioned on schedule for the benefit of the people.

Ibom Hotel

Umo Eno

The Governor was accompanied on the inspection tour by the Secretary to the State Government, Prince Enobong Uwah; Executive Assistant/Chief Delivery Advisor, Mr Aniefiok Johnson; Commissioner for Works, Prof. Eno Ibanga; Commissioner for Information, Hon. Aniekan Umanah; other members of the State Executive Council and government officials.
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NPF Repatriates Chinese Fugitive Wanted Over Smuggling of Endangered African Rosewood

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NPF Repatriates Chinese Fugitive Wanted Over Smuggling of Endangered African Rosewood

The Nigeria Police Force, through INTERPOL National Central Bureau (NCB), Abuja, has repatriated a Chinese fugitive, Zhang Shijie, to Guangzhou, People’s Republic of China, following his arrest in Nigeria in connection with alleged large-scale smuggling of endangered African Rosewood.
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Zhang, who was wanted by the Yangpu Sub-Bureau of the Anti-Smuggling Bureau of Haikou Customs District, was the subject of an arrest warrant issued on 7th January, 2021 over his alleged involvement in the smuggling of approximately 1,400 tonnes of Pterocarpus erinaceus, commonly known as African Rosewood, an endangered tree species indigenous to West Africa. The consignment was valued at about 15.7 million Chinese Yuan.

The alleged offences were committed between November 2020 and January 2021, after which Zhang remained outside China. Intelligence subsequently established his presence in Nigeria, where he was residing in Ogun State with a Chinese passport which expired since 11th November, 2023.

Following sustained intelligence gathering, surveillance and coordinated investigative efforts, operatives of INTERPOL NCB Abuja arrested the fugitive on 10 September 2026 in the Ogere area of Ogun State, after which he was repatriated to Guangzhou, China, on 16th September 2026 in furtherance of bilateral police cooperation.

The Inspector-General of Police, IGP Olatunji Rilwan Disu, psc(+), NPM, reiterates the commitment of the Nigeria Police Force to strengthening international police cooperation and maximising INTERPOL tools and capabilities in tracking fugitives, combating transnational organised crime and preventing Nigeria from being used as a safe haven by persons wanted for criminal offences in other jurisdictions.

Chinese

Chinese

The Nigeria Police Force remains committed to working with INTERPOL and international law-enforcement partners to strengthen cross-border security, disrupt transnational criminal networks and ensure that fugitives are brought within the reach of justice.

CSP Ani Iniedu, Anipr
Force Public Relations Officer
Force Headquarters, Abuja
17th September, 2026
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