Day: June 13, 2017

Nigeria floats $300m Diaspora bond

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The federal government has rolled out the first ever Diaspora bond of $300 million to raise funds from Nigerians in the Diaspora to finance capital projects. Mrs. Abike Dabiri-Erewa, the Senior Special Assistant to the President on Foreign Affairs and Diaspora, advised Nigerians to take advantage and invest in the bond. A statement by her Media Assistant, Mr Abdurrahman Balogun, noted that the Debt Management Office (DMO) announced the commencement of a global offering of Nigeria’s first Diaspora Bond. She said the DMO also filed a registration statement for the…

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How Mourinho helped Real Madrid win Champions League titles – Sergio Ramos

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Real Madrid captain, Sergio Ramos, has agreed with Jose Mourinho’s recent comments, that he helped turn the La Liga side into Champions League contenders. The Manchester United manager made his comments to Portuguese newspaper Expresso, where he added he is “terrible at picking teams” “I’m really bad at picking teams. Inter Milan were in big trouble. Real Madrid were in big trouble. Manchester United in big trouble. “What does big trouble mean? It means that they are teams that want to win but are thousands of miles away from winning.…

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Melaye’s recall and the banging drums Of war in Kogi

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Since the eruption of political fracas between Kogi State Governor, Yahaya Bello and the Senator for Kogi West senatorial district, Dino Melaye, a lot of ugly events have been unfolding. SOLOMON AYADO takes a look at issues surrounding the frosty relationship betwen the duo and the move to recall the vocal senator. Although the much anticipated 2019 general elections are still ahead, the political gimmicks, the clever maneuverings and above all, the treachery that ha’s already Playing out in Kogi state  is more obvious than can best be imagined. No…

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Trump travel ban dealt another blow, faces high court next

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SEATTLE — Another U.S. appeals court stomped on President Donald Trump’s revised travel ban Monday, saying the administration violated federal immigration law and failed to provide a valid reason for keeping people from six mostly Muslim nations from coming to the country. The decision by a unanimous three-judge panel of the San Francisco-based 9th U.S. Circuit Court of Appeals helps keep the travel ban blocked and deals Trump a second big legal defeat on the policy in less than three weeks. The administration said it would seek further review at…

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Russia gets cyber-weapon to destroy electricity system

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With the assistance of allied hackers, Russia has developed a cyberweapon capable of destroying electricity grid, U.S. researchers report that such could be used to upset the American electric system. The reports say that the devise was used to disrupt energy system in Ukraine December in 2015. According to the Washington Post, the cyberweapon has the potential to be the most disruptive yet against electric systems that Americans depend on for daily life. The malware, which researchers have dubbed CrashOverride, is known to have disrupted only one energy system —…

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Sean Diddy Combs now world’s richest entertainer

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Rapper and music producer Sean “Diddy” Combs was named the world’s highest-paid entertainer on Monday, ousting pop singer Taylor Swift who fell to 49th place on the Forbes annual list. Beyonce moved into the second spot with $105 million, courtesy of her best-selling “Lemonade” album and world tour, while British author J.K. Rowling ($95 million) moved back into the top three thanks largely to her “Harry Potter” spinoff movie franchise “Fantastic Beasts and Where to Find Them.” Combs, 47, earned an estimated $130 million in the 12 months ended June…

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Sexual assault: Bill Cosby awaits jurors verdict

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Bill Cosby will soon know his fate as jurors began deliberating over his sexual assault trial on Monday after a weeklong proceeding in Pennsylvania that saw prosecutors and defense lawyers paint starkly different portraits of the once-beloved comedian. The jury discussed the case for about four hours before adjourning at 9:30 p.m. (0130 GMT), after both sides delivered their closing arguments earlier in the day. Montgomery District Attorney Kevin Steele told jurors Cosby’s own words, given to police and in a deposition more than a decade ago, show he ensnared…

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