Wednesday Wake-ups:5 Must- Knows To KickStart Your Day

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The_eagle
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  • FGN Bond Auction Sees Surge in Demand: The Federal Government’s bond auction for February recorded a significant increase in investor demand, with total subscriptions reaching N1.63 trillion. This is much higher than the N670.94 billion recorded in January.
  • Trump Announces “Gold Card” for Wealthy Foreigners: President Donald Trump announced that the US will sell a new “gold card” to wealthy foreigners, giving them the right to live and work in America and offering a path to citizenship for a $5 million fee. “We’re going to be selling a gold card… You have a green card. This is a gold card. We’re going to be putting a price on that card of about $5 million and that’s going to give you green card privileges, plus it’s going to be a route to citizenship. And wealthy people will be coming into our country by buying this card.”
  • South Korea’s Fertility Rate Rises: South Korea’s fertility rate increased for the first time in nine years, with the number of babies expected per woman in a lifetime rising to 0.75 last year from 0.72 in 2023.
  • Israeli Warplanes Strike South of Damascus: Israeli warplanes attacked a town south of Syria’s capital, targeting a military site and other targets. “The Air Force is attacking strongly in southern Syria as part of the new policy we have defined of pacifying southern Syria – and the message is clear: we will not allow southern Syria to become southern Lebanon,” said Israeli Defense Minister Israel Katz’s spokesperson.
  • Senate Accuses CBN of Frustrating Probe: The Senate ad hoc Committee investigating the Ways and Means facility provided to the Federal Government has accused the Central Bank of Nigeria of blocking its efforts to determine how the loans were used.

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