The sugary taste of soft drinks has made some people deny their body of water. As a result, we have witnessed a rapid decline in the health of many. There is not much in this world more refreshing than an ice-cold glass of water. A simple glass of water is more satisfying than a cup…
Day: February 5, 2016
APC Rubbishes Wike’s Public Holiday Declaration
By Nwaorgu Faustinus Rivers State chapter of the All Progressives Congress, APC, has vehemently condemned the decision by the state governor, Nyesom Wike, to declare Friday, February 5, 2016, as public holiday, describing it as a “poorly conceived attempt at self-adulation” that belongs to the past. The party in a statement signed by its spokesman,…
Buhari Hands Over To Osinbajo
President Muhammadu Buhari has commenced a 5-day vacation from today, Friday, February 5, to Wednesday, February 10, 2016. Due to this, the President has handed over his powers to the Vice President, Prof Yemi Osinbajo. Osinbajo will perform the functions of the President during the duration of the vacation, a statement issued in Abuja on…
GTBank Launches Unprecedented, Historic Cash Tender For $500m 7.50% Eurobond
Nigeria’s GTBank yesterday launched a cash tender for its $500,000,000 7.50 percent Eurobond maturing May 2016. This being the first transaction of its kind in Nigeria would boost the financial strength of the banks as well as its commitment to excellence and best practices. In its statement, the bank said the liability management exercise allowed…
AMCON Takes Over Aero Contractors
The board of Aero Contractors has been dissolved by the Asset Management Company of Nigeria, AMCON, and a manager has been appointed to control the running of the airline. It was gathered that AMCON took over the company based on its statutory responsibility of acquiring Eligible Bank Assets and putting them to economic use in…
NDA Probes Torture Of Man By Cadets In Viral Video
The Nigerian Defence Academy, NDA, says its attention has been drawn to a trending video which shows a female cadet torturing a man, who complimented her beauty. Disturbed by the outraged that followed the visual, the Academy says it is investigating the matter, pointing out that the incident took place in Lagos in 2014. In…
Ini Edo Gets Political Appointment
Star actress, Ini Edo, has now been appointed Special Adviser on Tourism to the governor of Akwa Ibom State, Udom Emmanuel. The sultry make-belief actress reportedly received her appointment letter last week to that effect. Ini Edo is one of the entertainers from Akwa Ibom State who have made the state very proud. With her…
Libel Suit: Dokpesi Finally Begs Tinubu
An out-of-court settlement has been reached between National Leader of the All Progressives Congress, APC, Bola Tinubu, and Chairman of DAAR Communication Plc, Raymond Dokepsi, over a libel case instituted by the former against the latter. Tinubu had dragged AIT, owned by DAAR Communication Plc to court over a documentary titled ‘Lion of Burdillion’, aired…
Saraki Expresses Shock Over Apex Court Ruling
Senate President, Bukola Saraki, has expressed disappointment over the judgment of the Supreme Court on Friday, which dismissed his appeal to stop his trial at the Code of Conduct Tribunal, CCT. Saraki, in a brief statement issued shortly after the ruling, however, pointed out that he “believes he will have his day in the court…
CCT Trial: S’Court Rejects Saraki’s Appeal
An appeal at the Supreme Court by Senate President, Bukola Saraki, challenging his trial by the Code of Conduct Tribunal, CCT, has been dismissed. The apex court on Friday held that the Danladi Umar-led CCT was validly constituted by two members. Saraki was arraigned before the CCT on charges bordering on false declaration of assets,…