The federal government says it has successfully priced its $3 billion Eurobond with a tenor of 10 and 30 years. This is the biggest Eurobond Nigeria has ever issued. The $1.5 billion 10-year note will be offered at an interest rate of 6.5 percent, while the 30-year series will bear interest of 7.625 percent and
Andrew Jonathan Nok, a professor of biochemistry and Kaduna state commissioner of education, science and technology, died in the early ours of Tuesday at the age of 55. TheCable understands that the world-renowned scientist had been down with an undisclosed ailment and was on admission at an Abuja hospital until his discharge last week. He
Rochas Okorocha, governor of Imo state, says all but two governors in the country are in support of a second term for President Muhammadu Buhari. Okorocha said this while addressing leaders of the ‘Democratic Youths Congress for Buhari 2019′, who visited him at the government house, Owerri on Tuesday. He urged every Nigerian to support
The Presidency said it is concluding plans, latest by December, with the Switzerland Government for the repatriation of $321m looted from Nigeria. The Senior Special Assistant to President Muhammadu Buhari on Justice Reforms, Mrs Juliet Ibekaku, made the disclosure at the Conversation on Anti-corruption Campaign organised by the Centre for Democratic Development in Abuja. She
The presidency has expressed excitement over report that Nigeria’s Gross Domestic Product (GDP) has increased to N29.45 trillion, saying the country’s economy has improved further. The National Bureau of Statistics (NBS) yesterday disclosed that Nigeria’s GDP in nominal value hit N29.45 trillion in third quarter (Q3) of 2017 from N26.5 trillion in third quarter of
Group of American scientists have found a new possibility to cure leukemia, the results of a new study showed on Tuesday. Leukemia is a deadly disease that knocks down patients as young as only seven years old. In the study published in Journal Nature Medicine, the group of scientists from Stanford University and National Institute
Eminent personalities and corporate organisations including traditional rulers, captains of industries, philanthropists and political class on Tuesday donated handsomely towards the Oyo State Education Trust Fund, just as the state government awarded full scholarship and free admission to Technical University, Ibadan to the two best students of the state who came first and second in
FIFA’s ethics watchdogs have banned three former football officials from Guam, Nicaragua and Venezuela for life as part of efforts to address widespread corruption in the sport, the world football governing body said on Tuesday. The latest officials to be hit by FIFA bans are Richard Lai, the former Guam Football Association president and a
A Nyanya Customary Court in Abuja on Tuesday dissolved a 22-year-old marriage of a driver over his wife’s habit of cooking only once in a week. The court presided over by Mr Jemilu Jega granted the request of Mr Garba Pakachi, ruling that the union was irretrievable. “This court has tried everything within its powers
The Lagos State Muslim Pilgrims’ Welfare Board has announced the sum of N1.3 million as tentative fare for the 2018 Hajj exercise. Mr Muftau Okoya, Executive Secretary of the board, told the News Agency of Nigeria (NAN) on Tuesday in Lagos that sale of forms for the 2018 exercise has also commenced. He said that