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Politics › Re: Bauchi South Senatorial Bye-Election: Live Updates by BMZK: 11:12am On Aug 11, 2018

fyneguy:
Is he from Bauchi South?

Yes Dogara is from Bauchi south.

Politics › Re: Bauchi South Senatorial Bye-Election: Live Updates by BMZK: 10:37am On Aug 11, 2018

The outcome of this election will show how influential Dogara is. It is a test of popularity for him to prove to PDP that he is a big fish in Bauchi not in the house of assembly because politic is local.

1 Like

Politics › Re: Osinbajo Leads Dignitaries Visit Buhari’s Elder Sister In Katsina. Photos by BMZK: 7:55pm On Aug 09, 2018

She doesn't even have good seats to receive them, when somewhere in a particular state the younger brother of a governor is moving in convoy and being addressed as assistant governor. I can see humility and simplicity at peak in Buhari's family. Those who know the state I am referring to are free to mention it.

6 Likes 1 Share

Politics › Re: EFCC Raids Ita Ekpeyong’s House In Abuja by BMZK: 3:56pm On Aug 09, 2018

Babiod:
Not just coincidence,since they're from the same place they became related,u can always finger his hand in all sorts of atrocities and the president will suddenly turn a blind eye,starting from writing report against magu,stopping Efcc from the former DSS boss,and why do u think the No 1 lawyer will resort for advice from the DSS boss to meet a corruption indicted person outside the country and the president will know nothing about it,Even after hearing would do nothing about until it dies down,or are u currently hearing about Maina again?

Despite coming from the same neighbourhood in Katsina state, Mr Buhari never knew Lawal Daura until 2015.

He was introduced to the president by the late Senator Mustapha Bukar.

1 Like

Politics › Re: Benue APC Lawmakers Serve Governor Ortom Impeachment Notice by BMZK: 11:06am On Jul 30, 2018

8 members out of 30 cannot impeach a governor.
They have the right to serve him a letter but they don't have the number to execute it.
Why a court order to forbid a legislator to carry out his duty ?

Sports › Re: Chelsea Puts £62m Price Tag On Alvaro Morata by BMZK: 3:46pm On Jul 27, 2018

I am a Chelsea fan, i don't mind we let him go as Bonus!!

Politics › Re: Senator Dino Melaye Kidnapped By Unknown Gunmen by BMZK: 11:16am On Jul 26, 2018

I hope it was not staged to attract sympathies for propaganda purposes.
My God protect him and bring him back safe if it is true.

Politics › Re: Borno Dwarf Security Guard Who Is Paid N5000 Per Suicide Bomb Attack Arrested by BMZK: 11:31am On Jul 20, 2018

dammy13:
25-year-old Abubakar Kori, a dwarf, who facilitated the suicide bombing activities of ‘Boko-Haram’ insurgents, said he was paid not less than N5, 000 for each suicide bomb attack carried out by the insurgents in Maiduguri.

Kori is among the 22 people arrested by the police in Borno and Yobe for their alleged involvement in suicide bombing activities carried out by the insurgents.

He told our reporter that he received N5, 000 as payment for facilitating the execution of each suicide bomb attack in Maiduguri and its environs.

Kori, who was a security guard at a fuel dispensing station in Dalori area of Maiduguri, said that he participated in several suicide bomb attacks in recent months in the metropolis.

“My role is to keep the Improvised Explosive Device (IEDs) for onward delivery to another person who will carry out the attack.

“On different occasions, two of my acquaintances gave a parcel to keep for somebody, who will come and take it.

“I normally kept the parcel in my duty post; the appointed person would come and picked it; after successful delivery, they paid me N5, 000.

“We reside in the same neighborhood in Maiduguri; they always told me that the parcel was given to them by one Ba’Adam, and asked me to keep it.

“They introduced me to Ba’Adam, who is the mastermind of the attacks,” he revealed.

On his part, Adam Mustapha, a.k.a Ba’Adam, admitted that he coordinated various suicide bomb attacks, which resulted in the death of hundreds of people in Maiduguri.

Ba’Adam, 20, narrated that he had coordinated several bomb attacks at Bulukuntu, Baga road, 333 Artillery gate, Customs, Post Office and Muna Garage areas of Maiduguri.

“On two occasions, I was paid N200, 000 for the successful execution of bomb attacks.

“Most of the time I had to pester them before payment could be made to me,” he said.

When asked whether he had cause at any time to regret his actions, Ba’Adam said that he was never remorseful at any given time.

Another suspect, Ibrahim Mala, 48, also admitted to aiding suicide bomb attacks in Maiduguri, sales of rustled animals and supply of logistics to the insurgents in the bush.

Mala, a butcher and resident of Dalori-Kakere village in the outskirts of Maiduguri, revealed that the insurgents were supplying sheep and provided him with N180, 000 loans, to enable him to run his business.

“They paid me N5, 000 for safe keeping of IEDs, and they also sent me on errands to buy consumable items for them.

“I bought the items at the market and kept it at my home; some persons would come at night, pick and deliver same to members of the group hiding in the forest.

“Some of the items included torch lights, matches, sandals, kola nuts, cubes and clothing materials.

“I saved money in dealing with the group and bought a plot of land worth over N420, 000.

“I know that they are Boko-Haram insurgents and my wife was not happy with my dealings with them; she asked me to stop but it is too late,” he narrated.

Commenting on the arrest, Mr Abba Kyari, the DCP, Intelligence Response Team (IRT), said that the suspects were apprehended by the police in various communities in Borno and Yobe.

Kyari called on members of the public to report suspicious persons and movement to the security agencies.

He also called on the people to cooperate with the police and other security agencies to end insurgency and restore peace to the North-East sub-region.

http://kikiotolu.com/security-guard-facilitating-boko-haram-suicide-bombings-in-maiduguri-arrested/

This Abba kyari is everywhere. If we can have 10 officers like him, the Nigerian Police Force will perform wonders. May God bless and protect Abba Kyari , his team, and the all people working to restore peace in this country.

Politics › Re: Buhari Goes To Church by BMZK: 4:13pm On Jul 19, 2018

lonlytroy:
President Buhari in Church because of 2nd term ambition.
They couldn't even tell him that men don't wear cap inside the Church.

This is 2015 picture. Fake news.

https://www.pulse.ng/communities/religion/pastor-adeboye-rccg-leader-pictured-with-buhari-osinbajo-and-fashola-at-thanksgiving-service-id3385583.html

3 Likes

Politics › World-bank-appoints-kaduna-commissioner-member-of-its-experts-advisory-council by BMZK(op): 8:33pm On Jul 13, 2018

http://insidebusinessonline.com/index.php/2018/07/12/world-bank-appoints-kaduna-commissioner-member-of-its-experts-advisory-council/

The World Bank has appointed Muhammad Abdullahi, Kaduna State Commissioner for Planning and Budget, as a member of its Expert Advisory Council on citizen engagement.

The announcement, posted in the bank’s website notes that Abdullahi, a Development Economist, will join five new appointees on the council.

Abdullahi along with the other appointees would advise on development and implementation of a strategic framework for mainstreaming citizen engagement in World Bank Group operations.

The council has representatives from civil society, academia, the private sector, government, development partners and foundations from across the world, in which Abdullahi was nominated under the Government Category.

The World Bank explained that Abdullahi, who leads the Kaduna State broad economic growth and development portfolio, has over a decade of experience in development policy formulation, public finance and project implementation.

“As the Commissioner for Budget and Planning, Abdullahi, a member of the State Executive Council is responsible for designing the fiscal strategy and coordinating the implementation and monitoring of the state budget.

“He initiated the development of Kaduna Citizens Feedback Application and citizens call centre to ensure that citizens directly monitor budget implementation as well inform the government of their priorities.

“Abdullahi also facilitated budget town hall meetings to get citizens feedback, while leading civil society consultations, engagement and coordination on all state planning and budget activities.

“Prior to his appointment as a commissioner in the state, he was a Policy Adviser in the Executive Office of United Nations Secretary-General Ban Ki-Moon, and a member of the Secretary General’s core team working on Sustainable Development Goals.”

Abdullahi, who confirmed the appointment on Thursday, described the development as a rare privilege.

According to him, this is the first time a Nigerian would be appointed as a member in the council, adding that it is usually ministers of the national government that are appointed under the Government category, not state commissioners.

“I received a call from the Bank Wednesday night informing me of the appointment, which would last for a year or so.

“It is really a boost to Kaduna State citizen engagement efforts and Nigeria as a whole.”

Others appointed into the council include, Tonye Cole, Co-founder and Executive Director of the Sahara Group, Africa, representing the Private Sector, Flavia Milano, Civil Society Specialist, Vice Presidency for Countries, Inter-American Development Bank.

Others are Helena Bjuremalm, Senior Advisor on Civil Society Support and Engagement, Swedish International Development Cooperation Agency (SIDA) Civil Society Unit, appointed to represent Development Partners, while Emily Martinez, Director, Human Rights Initiative, Open Society Foundations, will represent Foundations.

Business › “I Need A Wife” – Africa’s Richest Man Aliko Dangote Reveals by BMZK(op): 1:24pm On Jul 11, 2018

Africa’s richest man , Aliko Dangote, has revealed that at 61, he is not getting any younger, and he is willing to take on a new wife.

He made the revelation whole speaking with David Piling in a Financial Times interview. Dangote revealed that his schedule is inhibiting romance.

The billionaire, who is twice divorced and has three grown-up daughters, told FT that he is on the lookout for a new bride. He however adds a caveat: “I’m not getting younger. Sixty years is no joke.

But it doesn’t make sense to go out and get somebody if you don’t have the time. Right now, things are really, really very busy, because we have the refinery, we have the petrochemicals, we have the fertiliser, we have the gas pipeline.”

http://www.gossipmill.com/2018/07/i-need-a-wife-africas-richest-man-aliko-dangote-reveals/

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by BMZK: 2:41pm On Jul 04, 2018

fxuser:
part of the new changes !

Thanks Fxuser

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by BMZK: 2:28pm On Jul 04, 2018

For the past 3 days i can't view bid/offer by price or order towards end of the trading.
Everything will be working fine until around 2:15 when all the offers and bids will collapse in single line without details.
See screenshot below. Please is anyone experiencing the same ?

1 Like

Politics › Re: Killings In Zamfara More Than The Numbers In Plateau And Benue - Buhari by BMZK: 12:16pm On Jun 27, 2018

NOETHNICITY:
I do not know what Nigerians actually want to hear.

Church rats re busy circulating the false narrative that the middle belt is being Islamized.
When you ask them about Zafara they start jumping like the rats that they from one place to another.

It's not as if the president is happy about Zanfara killings, but this is only to counter the popular submission that it's not a religious war.

We are in trouble in this country. ONLY IN THE CONTEXT OF A SENTENCE DO WORDS HAVE ANY MEANING.

Almost all the people who commented except NOETHNICITY quoted Mr. President out of context.

Read the statement again below made by PMB with open mind and you will understand he is only emphasizing that the crisis is not religious because the killings also happened in Zamfara among people of the same faith.

"Buhari said the killings in Zamfara State was, however, more than the numbers recorded in Plateau and Benue states put together, stressing that Plateau killings should not be seen as a religious crisis."

The fact that 99% of the so called educated people here cannot read and understand the above statement gives our politicians confidence that they can always deceive the mass because the level of naivety of the majority is extremely high .

1 Like

Sports › Re: The Most Handsome Super Eagles Players Going To Russia 2018 World Cup by BMZK: 12:50pm On Jun 06, 2018

Before opening the link, i told myself this OP must a female.
Helas na our fellow guy dey crush for his fellow man...

Politics › Re: 'El-Rufai Is Tyrannical': Suleiman Othman Hunkuyi by BMZK: 5:02pm On May 31, 2018

People will commit foul and go behind to bring a court court in order to evade justice.
Justice delayed is justice denied.

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by BMZK: 3:30pm On May 30, 2018

Please i need help with a contact person at United Securities Limited (Access bank registrar).
I have completed and submitted my forms for E-dividend activation since 15th of April 2018 but it is yet to be processed.
The worst is they are not answering calls on their customer care phone line 012714566 and also emails sent to customerscare@unitedsecuritieslimited.com are not being replied.
If you know anyone that i can escalate this issue to, please help me the person's contact.

I must confess, their service is terrible. embarassed

Crime › Re: Nigerian Sex Offender Deported From U.S For Assaulting 7year Old Girl by BMZK: 3:21pm On May 28, 2018

dominique:
Shameless grandpa, that's what he is. I wish he was jailed instead. It's his sodomized body that would have been carried out of the prison. Those inmates don't take it lightly with child abusers.

Revoking his US citizenship and deporting him to Nigeria will cost him more than going to jail in US.

9 Likes

Politics › Re: American Based Company Set To Invest Over $10 Billion In Coastal Rail Line by BMZK: 12:35am On May 22, 2018

That's the advantage of having a trustworthy person at the aim of affairs.. It is a privilege for Nigeria to have Buhari as President

3 Likes

Politics › Re: Olisa Metuh Collapses In Court by BMZK: 10:51am On May 21, 2018

This is somebody's father, a leader, a role model for some youths playing comedy to evade justice.
Where is our conscience ?

Politics › Trouble-in-the-house-of-god. Buharis-cash to CAN: Gift Or Bribe? by BMZK(op): 10:05am On May 20, 2018

By Sam Eyoboka
National Christian Elders Forum, NCEF, is accusing the leadership of the Christian of Nigeria (CAN) of corruption and abuse of office. Specifically, the forum alleged that the leadership of the umbrella organisation for Christians in Nigeria collected N25 million or N40 million from the Presidency during a visit to President Muhammadu Buhari, criticising the action and calling for sanction. It also alleged that the CAN leadership bought official vehicles at questionable prices. The CAN President, Rev. (Dr) Samson Olasupo Ayokunle, dismissed the allegations, branding them as “a catalogue of lies” designed to smear his reputation. In a memo, titled ‘NCEF Protests: Is NEC of CAN Guilty of Negligence?’, and signed by the Chairman, Elder Solomon Asemota, SAN, on behalf of members, including, but not limited to retired Generals Joshua Dogonyaro, Zamani Lekwot, Theophilus Yakubu Danjuma; Elder Matthew Owojaiye, Justice Kalajine Anigbogu (ret.), Elder Shyngle Wigwe, Dr. Chukwuemeka Ezeife, Pastor Bosun Emmanuel (Secretary), NCEF is calling on the National Executive Council, NEC, to investigate alleged high handedness of the CAN President. According to the memo, NEC should immediately convene an emergency meeting to consider the issues raised and set up the process for the investigation of Ayokunle and immediate suspension of the President of CAN, until all these allegations have been investigated and he is cleared of wrong doing. Continuing, the memo urged the NEC to ensure that the investigation looks into the activities of other officials of CAN on whose heads allegations of wrong doing and misconduct hang. The Christian Elders argued that it has the statutory right to “make its position public to all Nigerian Christians and alert them that, if Christianity is destroyed in Nigeria or Christians continue to get slaughtered, the present NEC of CAN should be held responsible. NCEF began its memo by expressing its condolence to CAN and all Christians in Nigeria on the death of Dr. Musa Asake, CAN Secretary General, on Friday, May 11, 2018. The memo went on to level the allegations against the CAN to include corruption, high handedness and abuse of office. It alleged that a vehicle that was purportedly purchased for the use of the CAN Vice President at a cost of N11 million in Cotonou was being sold in Nigeria at N5 million. Dr. Ayokunle is yet to explain what happened to N6 million. In all, N43 million was spent to purchase four second hand vehicles in Cotonou. This allegation is too big to be swept under the carpet. (This vehicle is parked at the National Christian Centre, Abuja),”the Christian Elders said. They went on: “On the 10th of November, 2017, a delegation of CAN, led by the President of CAN, Rev. Dr. Ayokunle, met with President Muhammadu Buhari and, after the visit, collected ‘transportation’ money. While informed sources claim it was N40 million, CAN officials insist it was N25 million and it was alleged to have been shared by somebody who is not an official of the National Secretariat of CAN. “NCEF insists on proper investigation of how the money was shared and how much each person received. In addition, NCEF insists on proper sanction of every Christian leader that took part in sharing money from President Buhari. It is unethical and very insensitive for Christian leaders to collect money from the man every Christian is aware has compromised security to the detriment of the Church”. Saying the auditor presented a financial report to CAN that did not include the N43 million spent on vehicles in Cotonou, the memo said: “Where did N43 million disappear to?”. The group pointed out that NEC was yet to properly investigate how N28 million the former President of CAN provided before he left office, to minister to persecuted Christians, was spent”. Continuing, the Christian Elders said various alleged infractions on the constitution of CAN, as listed by the Vice President of CAN, had to be investigated including the Report of the Mediating Committee, headed by Supreme Court Justice, Hon. Justice James Ogebe. According to the memo, the attempt to use the Assistant General Secretary as scapegoat for the transactions in Cotonou has to be properly investigated and all those involved disciplined. The group also said “the letter to DSS which Rev. Dr. Ayokunle refused to sign on 28th February, 2017, after he had agreed he would do so on 15th February, 2017, has to be investigated. It asked: “Why did he, as the President of CAN and as the Chairman of the CAN Trust Fund, refuse to append his signature to the letter? “Second, who gave the authority to edit the letter and remove substantial sections of it before the Legal Adviser eventually signed and sent a diluted document to the DSS?” The Elders said CAN NEC was yet to investigate the tribal shift in appointments in the national offices and in the secretariat. Reacting to the allegations, Ayokunle, who was attending a conference in Philadephia, United States, at the weekend, advised Sunday Vanguard to discountenance the charges as a “catalogue of lies.” “There is no truth in what they are alleging. No truth at all in all the allegations. If they are after sanity in CAN, is it on the pages of newspaper that they intend to settle any dispute? Do Muslims behave like that about their leaders?”, the CAN leader said on phone. “You know if these people are allowed to smear my reputation on the pages of the media, they have successfully finished the Church in Nigeria. They have already written that I should be removed because they did a kangaroo investigation which did not involve me.” While appealing for restraint, Ayokunle said representatives from both parties to the conflict must allow the NEC of CAN to handle all perceived grievances amicably “because when you have done the damage, it will be difficult to correct.”

Read more at: https://www.vanguardngr.com/2018/05/trouble-in-the-house-of-god-buharis-cash-gift-divides-can/

Politics › Re: How Can Buhari Win The Hearts Of Igbos In 2019? by BMZK: 10:39am On May 18, 2018

nairavsdollars:
What can APC and President Muhammadu Buhari do to win at least 50 percent votes in the South East come 2019?

* Buy votes. The general impression is that Igbos may change their minds of they see good money.

* Concentrate more infrastructural projects in the region

* Pardon IPOB leader Nnamdi Kanu and listen to agitations of IPOB

* Appoint more South Easterners into his cabinet

* Create one more state in the South East to balance the equation

He has never won South East and that did not stop him from becoming President. PMB is developing the region and will continue to do so because he is a good man Not because of their 5% votes.

3 Likes 1 Share

Celebrities › Re: Sierra Leone President Hires Mercy Johnson To Promote Girl Child Education by BMZK: 11:55am On May 15, 2018

Am i the only one missing something here ?
I can't relate the tittle of the post and the content of the news.
How can paying a courtesy visit to a secondary school become being hired ?

1 Like

Politics › Re: Saraki Releases List Of Killings In Nigeria In 2018 Over IGP Saga by BMZK: 5:35pm On May 11, 2018

stephanie11:
@POLITICSNGR

The office of the Senate president, Bukola Saraki has released a shocking list of killings that have occurred in Nigeria in 2018 alone.

The Senate president reveals that the list of killings is the basis for the invitation of the IGP, Idris Ibrahim to the Senate hearing. The IG has on three occasions refused to appear before the Senate.

Below is the full list;

TIMELINE ON KILLINGS IN MIDDLE BELT SINCE JAN 1
· January 1 – 73 killed in Logo and Guma LGAs in Benue
· January 1 – 2 killed in Awe LGA, Nasarawa
· January 1 – 25 Killed in Keana LGA, Nasarawa
· January 3 – 3 killed in Markurdi, Benue State
· January 4 – 6 killed in Wukari in Taraba
· January 4 – 1 killed in Gassol LGA, Taraba
· January 5 – 4 Killed in Lau LGA, Taraba
· January 5 – 15 killed in Tse Akombo, Tse Vii and Tse Agule vilages in Benue
· January 6 – 55 killed in Lau LGA in Taraba State
· January 8 – 3 killed in Sardauna LGA, Taraba
· January 8 – Two policemen killed in Logo, Benue State
· January 13 – 10 killed in Birnin Gwari LGA, Kaduna
· January 13 – 1 killed in Makurdi LGA, Benue
· January 14 – 1 killed in Bassa LGA, Plateau
· January 14 – 1 killed in Ibi LGA, Taraba
· January 16 – 5 killed in Madagali LGA, Adamawa
· January 16 – 5 killed in Guma, Logo and Okpokwu LGAs Benue
· January 18 – 11 killed in Madagali LGA, Adamawa
· January 21 – 1 killed in Barkin Ladi LGA, Plateau
· January 21 – 6 killed in Juman LGA, Adamawa
· January 23 – 9 killed in Ardo Kola, Adamawa
· January 24 – 4 killed in Kaiama, Kwara
· January 25 – 15 killed in Bassa LGA, Plateau
· January 26 – 3 killed in Bassa LGA, Plateau
· January 26 – 2 killed in Ukum, Benue
· January 29 – 1 killed in Guma, Benue
· January 31 – 1 killed in Jema’a LGA, Kaduna
· January 31 –9 killed in Birnin Gwari, Kaduna
· February 1 – 4 killed in Gassol, Taraba
· February 2 –10 killed in Song, Adamawa
· February 5 – 2 killed in Guma, Benue
· February 6 – 8 killed in Obi, Nasarawa
· February 8 – 6 killed in Shellen, Adamawa
· February 10 – 2 killed in Benue
· February 10 – 3 killed in Bassa, Plateau
· February 11 – 4 killed in Jema’a, Kaduna
· February 12 – 2 killed in Guma, Benue
· February 26 – 12 killed in Kajuru, Kaduna
· February 27 – 20 killed in Demsa, Adamawa
· March 1 – 15 killed in Saradauna, Taraba
· March 4 – 20 killed in Saradauna, Taraba
· March 5 – 25 killed in Okpokwu, Benue
· March 7 – 2 killed in Takum, Taraba
· March 8 – 11 killed in Bassa, Plateau
· March 9 – 9 killed in Bokkos, Plateau
· March 12 – 26 killed in Bassa, Plateau
· March 13 – 7 killed in Guma, Benue
· March 13 – 1 killed in Lokoja, Kogi
· March 14 – 32 killed in Daima/Omala, Kogi
· March 14 – 6 killed in Bassa, Plateau
· March 15 – 5 killed in Takum, Taraba
· March 19 –10 killed in Omala, Kogi
· March 20 – 11 killed in Birnin Gwari, Kaduna
· March 22 – 3 killed in Jos South, Plateau
· March 24 – 5 killed in Makurdi, Benue
· March 30 – 6 killed in Jema’a, Kaduna
· April 4 – 6 killed in Chikun, Kaduna
· April 4 – 4 killed in Takum, Taraba
· April 4 – 10 killed in Gwer West, Benue
· April 5 – 5 killed in Dobga, Taraba
· April 5 – 30 killed in Gwer West, Benue
· April 5 – 50 killed in Offa, Kwara*
· April 7 – 4 killed in Bali, Taraba
· April 7 – 2 killed in Agatu, Benue
· April 8 – 5 killed in Birkin Ladi, Plateau State
· April 8 – 5 murdered in Obi, Nasarawa
· April 8 – 4 killed in Keana, Nasarawa
· April 9 – 1 killed in Guma, Benue
· April 10 – 10 murdered in Benue
· April 10 – 51 killed in Wukari, Taraba
· April 12 – 2 killed in Markudi, Benue
· April 12 – 2 murdered in Birnin Gwari, Kaduna
· April 13 – 5 killed in Bassa, Kogi
· April 14 – 4 killed in Logo, Benue
· April 14 – 78 murdered in Obi, Nasarawa
· April 17 – 1 killed in Logo, Benue
· April 18 – 4 killed in Bassa, Plateau
· April 19 – 1 killed in Kutigi, Niger
· April 19 – 1 killed in Gwer West, Benue
· April 20 – 31 killed in Guma, Benue
· April 25 – 19 killed in Gwer East, Benue
· April 25 – 38 killed in Guma, Benue
· April 25 – 7 killed in Awe, Nassarawa
· April 28 – 14 killed in Birnin Gwari, Kaduna
· April 29 – 5 killed in Gwer West, Benue
* Offa killings were from multiple armed robberies on banks in the town.

https://politicsngr.com/igp-saga-saraki-releases-list-killings-nigeria-2018-full-list/

Why is ZAMFARA one of the states with the highest casualities missing on that list ?? Mischievous....

1 Like

Travel › Re: 20 Most Ridiculous Overloaded Vehicles Spotted On The Road by BMZK: 6:35pm On May 08, 2018

Check out this one !!!

7 Likes

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by BMZK: 1:05pm On May 04, 2018

FBN, Zenith, 2 Others Appointed Settlement Banks for Naira/RMB Currency swap
*Deal valid for three years, renewable

Obinna Chima

First Bank of Nigeria Limited, Stanbic IBTC, Standard Chartered Bank (SCB) and Zenith Bank Plc have been appointed the settlement banks for the $2.5 billion bilateral currency swap agreed between the Central Bank of Nigeria (CBN) and the People’s Bank of China (PBoC) which was announced Thursday.

A reliable CBN source privy to the deal, said with the appointment of the four banks as the settlement banks for currency swap between China and Nigeria, they will be responsible for settling the trade transactions between importers and exporters from both countries, likely to take off just before next month.

The CBN Thursday announced that it had sealed the deal on the $2.5 billion (RMB 16 billion) currency swap with the Chinese central bank last Friday in Beijing, China.

CBN spokesman, Mr. Isaac Okorafor, said the CBN Governor, Mr. Godwin Emefiele, led CBN officials while PBoC Governor, Dr. Yi Gang, led the Chinese team at the official signing ceremony.

He said the deal was sealed on Friday after over two years of painstaking negotiations by both central banks.
According to the CBN, the transaction, which was valued at Renminbi (RMB) 16 billion, was aimed at providing adequate local currency liquidity to Nigerian and Chinese industrialists and other businesses, thereby reducing the difficulties encountered in the search for third currencies.

Providing more clarity on the deal, a CBN source said just as negotiations on the currency swap were being wrapped up, the central bank appointed FirstBank, Stanbic IBTC, StanChart and Zenith Bank to serve as the settlement banks for businesses and importers from both countries.

She said the reason the four financial institutions were chosen was because StanChart and Stanbic already have operational offices in China, while Zenith and FirstBank have representative offices in Beijing.

However, whereas StanChart and Stanbic can start operations immediately as settlement banks, Zenith and FirstBank will be required to upgrade their representative offices to full operations in China.

“While SCB already has a presence in China through its Standard Chartered Bank (China) Limited, Stanbic has been trading in the country through its affiliate, the Investment and Commercial Bank China (ICBC).

“However, FBN and Zenith Bank were also appointed because they already have representative offices in China.
“So, while SCB and Stanbic can start immediately, it would take FBN and Zenith Bank some time to join the settlement arrangement because they would have to convert their representative offices to operational offices.
“This whole swap agreement would kick off likely before June because we have to operationalise the settlement arrangement with the relevant institutions,” she added.

The settlement banks are expected to handle the trade obligations that would enable an importer in Nigeria, after filling the required documentation, to easily exchange the naira for the Renminbi (RMB) instead of resorting to third currencies such as the U.S. dollar, while the reverse will be the case for importers in China that trade with Nigerian businesses.

She explained further that the currency swap by the two central bank governors was partly facilitated by the improving economic environment in Nigeria.

“As you know, negotiations have been on-going for two years, so yes to some extent, the improvement in foreign reserves and government revenues, drop in the inflation rate, and the uptick in economic activities, played a role in getting the swap with the PCoB.

“But this was not the only reason factored into the negotiations, as there were other bilateral reasons which I am not at liberty to disclose,” she said.

When asked about the impact on the country’s external reserves, the source pointed out that China is Nigeria’s largest trading partner, accounting for about 35 per cent of trade.

However, the National Bureau of Statistics’ (NBS) Fourth Quarter (Q4) 2017 Foreign Trade Statistics put China’s trade with Nigeria at 22 per cent, making it a major trading partner. The total value of trade in Q4 2017 was put at N465.13 billion.

According to the CBN source, the currency swap will play a role in reserves management as pressure from Nigerian importers seeking to source dollars will now dissipate.

“Of course, this will help in terms of management of our reserves. What this means is that pressure on Nigerian importers seeking to source dollars to import goods from China will completely dissipate,” she explained.

Reinforcing the position, the statement from Okorafor Thursday said among other benefits, the agreement is expected to provide naira liquidity to Chinese businesses and provide RMB liquidity to Nigerian businesses respectively, thereby improving the speed, convenience and volume of transactions between the two countries.

“It will also assist both countries in their foreign exchange reserves management, enhance financial stability and promote broader economic cooperation between the two countries.

https://www.thisdaylive.com/index.php/2018/05/04/fbn-stanbic-stanchart-zenith-appointed-settlement-banks-for-naira-rmb-currency-swap/amp/

Politics › Re: Buhari: More People Killed In Zamfara Than Benue, Taraba Put Together by BMZK: 10:38am On May 02, 2018

“Therefore, it is wrong to say the conflict is between Fulani and Tiv or other tribes, like in Taraba. ‘What of Zamfara, where more people were killed than in Taraba and Benue put together’?

“People need to understand that it is mischief that makes people to bring in religion or ethnicity,” the president said.

I don't know why it is so difficult to understand the above statement. From logical reasoning point of view Mr. President simply means the challenge is not particular to a tribe or religion but it cuts across the country.

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by BMZK: 10:00am On May 02, 2018

2zona:
Bro the link is for corporate actions and not for full report. The closing date on it is May 11.

Thanks!!

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by BMZK: 9:41am On May 02, 2018

BMZK:
Please what is the qualification date for closing the register of Fidelity ?
From the statement below no date was mentioned.

In respect of the 2017 financial year, the Board of Directors recommend a dividend of 11 kobo per
Ordinary Share of 50 kobo each amounting to N3.186 billion for approval at the Annual General
Meeting. If approved, dividend will be paid to Shareholders whose names appear on the Register of
Members. The proposed dividend is subject to Withholding Tax at the appropriate tax rate, which will
be deducted before payment.

2zona:
Please find the link for details: http://www.nse.com.ng/Financial_NewsDocs/22141_FIDELITY_BANK_PLC_CORPORATE_ACTIONS_APRIL_2018.pdf

Thanks, I went through the report but could not find the date. Please what is the page number where the closing date is mentioned ?

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by BMZK: 9:32am On May 02, 2018

locodemy:
11kobo dividend.
Result not even bad.
why waste all these time naw......?

Please what is the qualification date for closing the register of Fidelity ?
From the statement below no date was mentioned.

In respect of the 2017 financial year, the Board of Directors recommend a dividend of 11 kobo per
Ordinary Share of 50 kobo each amounting to N3.186 billion for approval at the Annual General
Meeting. If approved, dividend will be paid to Shareholders whose names appear on the Register of
Members. The proposed dividend is subject to Withholding Tax at the appropriate tax rate, which will
be deducted before payment.

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by BMZK: 10:45am On Apr 13, 2018

fxuser:
Access / FCMB
- closure today
-

Can someone exit today and be qualified for dividend ?

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by BMZK: 1:59pm On Apr 03, 2018

Looking at the highlighted below, Please did Access pay any interim dividend ?

1 2 3 4 5 6 7 8 9 10 11 (of 21 pages)