Rice

FG Begins Sale Of 50kg Rice For N40,000

July 30, (THEWILL) - The Federal Government has urged Nigerians to approach some designated centres nationwide to purchase a 50kg bag of rice for N40,000. Minister of Information and National Orientation, Mohammed Idris, who made this known to State...
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Geregu’s Bond Default: Where Was the SEC?

The revelation of Geregu Power Plc default on its bond obligations shocked Nigerians when it became public in late July 2026. Consequently, the FMDQ Securities Exchange -- the market infrastructure provider -- identified Geregu’s N409.09 billion senior unsecured bond as being in "credit default" early August.
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