The FMDQ Securities Exchange Ltd., has approved the listing of FSDH Funding SPV Plc N7.05 billion tranche A and N4.95 billion tranche B series 1 fixed rate bonds on its platform. FSDH Funding SPV Plc is a special purpose vehicle set up to raise capital from the Nigerian debt capital market for FSDH Merchant Bank Limited. The Director, FSDH Funding SPV Plc, Mr Adekunle Awojobi, said this in a statement on Tuesday in Lagos. Awojobi said the bonds were under the company’s N30 billion debt issuance programme. He noted that the bonds were approved by the FMDQ Exchange board Listings…
Author: Abdallah el-Kurebe
The Secretary to the Government of the Federation (SGF) and chairman of the Presidential Steering Committee, (PSC) on COVID-19, Mr Boss Mustapha, has clarified misrepresentation in the briefing of the PSC on Monday. Mustapha, who spoke in a Abuja on Tuesday, said it was erroneously reported that the federal government had re-introduced nationwide curfew between 12 a.m. and 4 a.m. as part of the COVID-19 safety protocols. He however said the announcement by the National Incident Manager, Dr. Mukhtar Mohammed, during the PSC press briefing was taken out of context because the federal government did not relax the curfew imposed…
…Meets critical stakeholders The Presidential visitation panel, PVP to the Federal University of Technology Akure, FUTA, has assured members of the University community and external stakeholders that it will discharge its duties and responsibilities with equity, fairness and transparency. The assurance was given by the team leader of the panel which began its assignment on Thursday April 29, 2021, Professor Ngozi Iloh during interactive session with members of the University Community and working visits to the Governor of Ondo State, Arakunrin Oluwarotimi Akeredolu and Deji of Akure, Oba Aladetoyinbo Ogunlade Aladelusi. Professor Iloh said the panel was set up by…
The Chairman of the Senate Committee on Defence and Deputy Chairman, Senate Committee on Anti Corruption, has donated clothing materials and money for sewing, to no fewer than 8,000 People Living With Disabilities (PWDs), and other indigent persons from across the state . On the first day of the distribution ceremony, Saturday May 8, 2021, 3,000 women of all ages and statuses were each given a wrapper and money for sewing. On the second day of the all-important gesture Sunday, May 9,2021, over 5,000 males also of all ages and statuses were each given guinea brocade (shadda), as well as…
The Chairman, Senate Committee on Defence and Deputy Chairman, Senate Committee on Anti Corruption, Senator Aliyu Magatakarda Wamakko, has flagged off the distribution of 2,300, 25 kgs bags of rice donated by the All Progressives Congress (APC), to its members across the state. Each of the twenty three local governments was given one hundred bags, while Senator Aliyu Magatakarda Wamakko, gave each of them N30,000 for transportation of the commodity to their respective areas. The distribution of the commodity was flagged off by the Acting Chairman of the Party in the state, Isa Sadiq Achida, on behalf of Wamakko. Achida…
By Arc Kabiru Ibrahim The All Farmers Association of Nigeria, AFAN, supported the passage of PVP Bill, Biosafety Bill and Seed Act at the National Assembly public hearing on separate occasions after studying the drafts and making input. 1. BIOSAFETY BILL We will start with the Biosafety Bill which is already in place and deals with the safety of GM Technology and the release of GM crops for cultivation after ascertaining their safety for both human and animal consumption. The authority to regulate this technology is vested in the National Biosafety Agency which has the responsibility of permitting the use…
The Police Service Commission has pledged to investigate alleged police misconduct contained in the report of the Action Group on Free Civic Space in Nigeria, which was presented to the Commission in Abuja. The Group, led by Zikora Ibe and accompanied by Okechukwu Nwanguma and Kingsley Godwin presented a Report titled “EndSARS: Police Brutality, Protests and Shrinking Civic Space in Nigeria”. Speaking while receiving the delegation on behalf of the Chairman of the Commission, Justice Clara Bata Ogunbiyi, retired Justice of the Supreme Court and Honourable Commissioner representing the Judiciary in the Commission said the Report was far reaching and…
By Bala Ibrahim. Since1966, when Nigeria had the first coup d’état of 15th January, where mutinous soldiers, led by Major Chukwuma Nzeogwu Kaduna and Emmanuel Ifeajuna killed many people, including the Prime Minister, Sir Abubakar Tafawa Balewa and the Sardauna of Sokoto, Sir Ahmadu Bello, the country has been forced to live with the fear of foreboding and the premonition of presentiment. Every political experiment comes with it’s own challenges and suspicions. Although the country now is seemingly democratic, having been under no military leadership since 1999, however, the long period it stayed under undemocratic rule, has had a negatively…
By Mohammed Yabagi A large section of Nigerian public overlook the quiet achievers in leadership positions, especially in state government houses at their peril: Such quiet achievers as the Governor of Niger State, Abubakar Bello and a few others who are intelligent, not necessarily introverted but industrious, are however regularly overshadowed in the political environment by their more radically vocal colleagues. Northern Nigerian public spaces in particular, tend to notice and applaud behaviour that is characteristic of extroverts, Negative sociability, false confidence and a penchant for noise make extroverts Governors of northern Nigeria states stand out from the crowd, while…
President Muhammadu Buhari has again summoned security chiefs for crucial meeting to address the security challenges in some parts of the country. The president had on April 30 and May 4 met with the same earlier met with the security chiefs and heads of intelligence community as part of ongoing critical engagements to meant to provide solutions to security challenges in the country. Those in attendance at today’s meeting include Vice-President Yemi Osinbajo, Secretary to the Government of the Federation, Boss Mustapha and Chief of Staff to the President, Prof. Ibrahim Gambari. Others are the Minister of Defence, retired Maj.-Gen.…