Evening recap: Tinubu allocates EFCC-recovered property to NDPC, Dangote refinery IPO rush overwhelms two sites, other top stories

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President Bola Tinubu has approved the allocation of an Economic and Financial Crimes Commission-recovered property to the Nigeria Data Protection Commission as its new headquarters.

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Meanwhile, the launch of the Dangote Petroleum Refinery and Petrochemicals FZE Initial Public Offering overwhelmed two popular Nigerian investment platforms, Bamboo and Cowrywise, as retail investors rushed to subscribe to the offer.

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Elsewhere, the Federal Government has assured workers at King’s College, Lagos, of job security amid proposed changes to the school’s administration, while Tinubu has directed the release of approved funds to regional development commissions.

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In international news, China has denied reports that its entities supplied Iran with satellite images of a military base housing US troops in Jordan before and after an Iranian strike that killed three American soldiers.

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Tinubu allocates EFCC-recovered property as new NDPC headquarters

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President Bola Tinubu has approved the allocation of a property recovered by the Economic and Financial Crimes Commission to the Nigeria Data Protection Commission as its new headquarters. The Minister of Communications, Innovation and Digital Economy, Bosun Tijani, disclosed this during the commissioning of the facility in Abuja.

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Read here: https://punchng.com/tinubu-allocates-efcc-recovered-property-as-new-ndpc-headquarters/

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Dangote refinery IPO rush overwhelms two investment sites

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The launch of the Dangote Petroleum Refinery and Petrochemicals FZE Initial Public Offering triggered a surge in demand that overwhelmed two popular Nigerian investment platforms, Bamboo and Cowrywise. Both platforms reported unusually high traffic as retail investors rushed to subscribe to the offer.

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Read here: https://punchng.com/dangote-refinery-ipo-rush-overwhelms-two-investment-sites/

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King’s College: Alausa assures workers of job security

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The Minister of Education, Tunji Alausa, has met with the leadership of organised labour over the controversy surrounding proposed changes to the administration of King’s College, Lagos. Alausa assured workers that the Federal Government would address their concerns through dialogue.

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Read here: https://punchng.com/kings-college-alausa-assures-workers-of-job-security/n

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Tinubu orders release of funds to regional commissions

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President Bola Tinubu has directed the Secretary to the Government of the Federation, George Akume, to ensure the release of all funds approved for the regional commissions. Tinubu gave the directive on Monday at the North Central Development Commission Summit.

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Read here: https://punchng.com/tinubu-orders-release-of-funds-to-regional-commissions/n

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China denies giving Iran intel before strike that killed US troops

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China has denied reports that Chinese entities supplied Tehran with satellite images of a military base housing US troops in Jordan before and after an Iranian strike that killed three American soldiers. Beijing described the reports as “groundless”.

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Read here: https://punchng.com/china-denies-giving-iran-intel-before-strike-that-killed-us-troops/n

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