FBNQuest Lists N5bn MB Funding SPV Bond on Nigerian Stock Exchange
FBNQuest Merchant Bank, the investment banking and asset management subsidiary of FBN Holdings Plc, on Friday May 15 at the Nigerian Stock Exchange, listed the FBNQ MB Funding SPV Plc Series 1 Bond. The N5billion Series 1 bond, coupon rate of 10.50 percent per annum, is a Fixed Rate Senior Unsecured Bonds due 2023, under […]
Trump Vows to get a Covid-19 Vaccine Ready by End 2020
US President Donald Trump shocked the world Friday afternoon when he said his government was working on getting a fully licensed vaccine for the Coronavirus ready for anyone who wants it by the end of this year. “We would love to see if we could do it prior to end of the year”, Trump said […]
Aviation Agencies to Relocate to Abuja from July
The Federal Ministry of Aviation has directed all agencies and parastatals under its watch to relocate their corporate headquarters to the Federal Capital Territory Abuja in the next forty-five (45) days hence reenacting the botched 2012 Presidential directive. With this directive, the Nigerian Civil Aviation Authority (NCAA), Federal Airports Authority of Nigeria (FAAN), Nigerian Airspace […]
Cornering 60 as a Social Gadfly
It was fortuitous that he was born shortly before the Union Jack was lowered in the most populous black nation in the world, one of Nigeria’s longest serving social activists and Executive Chairman of Centre for Anti-Corruption and Open Leadership, CACOL, Mr Debo Adeniran seems to have his pathway in life already cut in struggle […]
Atiku Proffers Solutions to Nigeria’s Weak Economy, After Sacking 46 Workers,
Atiku Abubakar, former vice president has advised the federal government to invest in Nigerians, reduce the salaries of political appointees, and sell off some presidential jet in order to restore balance in Nigeria’s weak economy. Abubakar’s advice comes exactly 14 days after Gotel Communications, a company owned by him, sacked 46 of its workers on […]
Dele Alli’s Home Burgled By Armed Bandits
Tottenham Hotspur striker Dele Alli was attacked when two armed raiders broke into his home. The England midfielder Alli was punched in the mouth by two masked intruders armed with knives and ordered to hand over valuables, The Sun reported. The paper said that 24-year-old Alli was playing pool with his brother and his girlfriend […]
Rivers’ Hotel Demolition: Wike Charge to Mind People’s Pains
Biokpomabo Awara, the 2019 governorship candidate of the African Action Congress (AAC) in Rivers State, has strongly condemned Governor Nyesom Wike’s leadership style in the fight against the COVID-19 pandemic currently ravaging the globe. In a telephone conversation, Awara condemned Wike’s demolition of two hotels in the state and further described the incumbent governor’s overall […]
Oil Bench Mark now at $25 a Barrel in Nigeria’s Revised 2020 Budget
The Federal Executive Council (FEC) has approved a revised budget of N10.52 trillion on Wednesday, slightly down from N10.59 trillion approved earlier. The Council now added expenditures related to COVID-19 previously not included. Minister of Finance and National Planning, Zainab Ahmed, who spoke in Abuja after a virtual FEC meeting on Wednesday said the government was […]
$311m Abacha Loot: Presidency Clarifies ‘Error’ on Mambilla Power
The Presidency on Wednesday said its inclusion of Mambilla Power among the projects the recently repatriated $311m Abacha loot would be spent on was an error. Mallam Garba Shehu, senior special assistant to the president on media and publicity made this clarification in a statement. He said,”In an earlier statement, I had mistakenly noted that […]
Footballer Confesses to Killing 5-year-old Son with Pillow
A Turkish footballer Cevher Toktas has been arrested after allegedly confessing that he smothered his five-year-old son to death with a pillow because he “didn’t love him”. Toktas, 32, who played in Turkey’s Super Lig between 2007 and 2009, was arrested earlier this month after his five-year-old son, Kasim, died at Dortcelik Children’s Hospital in […]
