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Standard Bank and Citigroup are helping MTN Nigeria list on the Nigerian Stock Exchange

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 The MTN Group has started the process of listing its biggest subsidiary, MTN Nigeria, on the Nigerian Stock Exchange. They’ve appointed Standard Bank (via Stanbic IBTC) and Citigroup as their transaction advisors. Remember it was one of the conditions of the NCC (SIM registration) fine settlement that they list on the NSE while paying $1.7billion over 3 years. They intend to float the shares “as soon as commercially and legally possible”, but I’d say ETA is 2017.

We’ll talk with militants, say Ijaw leaders

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Niger Delta militant. File photo Some leaders of the Ijaw community in Lagos State say they are taking steps to halt the criminal activities linked to militants from the Niger Delta region. Some communities in Lagos and Ogun states are being attacked by gunmen suspected to be Ijaws staying in the creeks. Speaking for the Ijaws in Lagos on Thursday, a former president of the Izon Community, Lagos State, Regent Youmor, in a statement, said the Ijaw leaders were set to douse the tension. He said, “We are worried about the spate of criminal activities and the colouration given to it in the reports. The Izon community in Lagos is not taking the reports and the feedback we get lightly. “We are ready to collaborate with our Yoruba brothers and leaders, as well as security agencies, to ensure that criminals masquerading as militants are fished out and dealt with according to the laws of the land. “We frown at it when a particular ethnic group appears targeted for negative and biased repor...

NANNM protests abduction of UBTH nurses

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Members of the National Association of Nigeria Nurses and Midwives are protesting the ‎abduction of two nurses of the University of Benin Teaching Hospital, Edo State, on Friday. Photos: Alexander Okere

I didn’t receive N3tn allocation as governor – Amaechi

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Transport Minister, Mr. Rotimi Amaechi The Minister of Transportation, Rotimi Amaechi, said on Thursday that he did not receive over N3tn allocation as governor of Rivers State. He said therefore he never squandered such amount as alleged by his successor, Nyesom Wike. Amaechi said this at a stakeholders’ a stakeholder’s meeting on the London Summit on Anti-Corruption and the Open Government Partnership. The event was co-organised by the Federal Ministry of Justice and the United Kingdom’s Department for International Development, Justice For All project. Amaechi said the Rivers State people were aware of how much he received while he was governor, adding that his successor was only fabricating lies against him. He said, “Within that period we insisted on engaging the indigenous communities on how much we received and how we spent the money. “That is why I feel that after this ministerial appointment, I should do everything possible to stay away from government because in spite o...

Clinton accepts nomination, slams Trump

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Hillary Clinton on Thursday claimed her place in history as she became the first woman presidential nominee of a major US party, promising economic opportunity for all and rejecting Donald Trump’s dark picture of America. The former secretary of state, her hand on her heart, received ecstatic cheers from thousands of delegates as she strode into the Democratic National Convention in Philadelphia and then pledged to be a president for “all Americans.” The 68-year-old Clinton, needing to connect with voters in her biggest moment on the national stage, took aim at her Republican opponent, slamming him as a fear-monger with no policy credibility. Clinton repeated the convention’s theme of “stronger together,” declaring that her lifelong goal has been to ensure that Americans can use their talent and ambition to help make the nation stronger. “And so it is with humility, determination, and boundless confidence in America’s promise, that I accept your nomination for president of the Unit...

N4.7bn fraud: I transported poll funds for Obanikoro, says ex-aide

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  An officer of the Nigerian Navy, Lt.-Cdr Olumide Adewale, has told the Economic and Financial Crimes Commission that he helped his former boss, Senator Musiliu Obanikoro, to transport money, which was flown to Akure and later handed over to Abiodun Agbele on the instructions of Governor Ayodele Fayose of Ekiti State. Adewale, who was the Aide-de-Camp to Obanikoro when the latter was the Minister of State for Defence, said this on Wednesday when he was grilled by detectives of the EFCC. According to the anti-graft agency, the money was part of the N4.7bn that was paid into Obanikoro’s sons’ company account, Sylvan McNamara, on the instructions of the embattled former National Security Adviser, Col. Sambo Dasuki (retd.). Adewale, who was in charge of Obanikoro’s security for about a year, told the EFCC that everything he did was under the strict instructions of his boss. He told investigators that on June 16, 2014, barely a week to the Ekiti State governorship election, he, alo...

Make a wish! Facebook rolls out Birthday Videos to help you celebrate

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  Facebook is all about video these days, so the social media giant is creating more of them to put on your timeline. This isn't new for Facebook. We already have Year in Review videos, Friends Day videos and, for its tenth anniversary, Facebook rolled out Look Back videos that showed a history of your entire time on the social network. This time, it turns out, the videos revolve around your birthday. So how does it work? And who gets the videos? In IT Blogwatch, we make a wish and blow out the candles. So what are Facebook birthday videos? Alyssa Newcomb gives us the background: Birthdays...are...the one day out of the year when exes, friends from high school and that person you met at a party...come out of the woodwork to share their well wishes on your wall. ... Facebook is now offering another way to celebrate...with a personalized birthday video, which is being rolled out worldwide this week. But how does this thing actually work? Brad Chacos has the details: ...