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Nigerian government borrows over N2 trillion from bond investors in 2020

Leveraging on excess liquidity that persisted in the banking system and the near zero yields on treasury bills (TBs), the Federal Government, through the Debt Management Office (DMO), raised N2.1 trillion from investors in its monthly bond issuance programme in 2020. This represents 33 percent, year-on-year, (y/y) increase when compared with the N1.58 trillion raised by the DMO in 2019. The N2.1 trillion raised in 2020 also represents 31 percent more than the N1.6 trillion funding target for the DMO under the Revised 2020 Budget. Meanwhile, the monthly bond auctions conducted by the DMO in 2020 recorded 275 percent oversubscription, reflecting scramble for the high yielding FGN bonds by investors. Newsmen report on monthly bond auction results show that the DMO offered N1.825 trillion wort...

Justin Bieber, Cardi B, Mariah Carey & More Celebrate Christmas 2020

P!nk, meanwhile, shared an inspiring message to her fans alongside an adorable photo of her kids opening presents under the Christmas tree. “From me and my family to you, and yours…. I wish you deep healing breaths and joy in your heart. Something yummy to eat or giggle about. Happiest possible holidays to each and everyone of you. Here’s to a healthy, safe, and healing new year,” the pop star captioned the photo. Below, see more Christmas celebration posts from Miley Cyrus, Iggy Azalea, Elton John, Coldplay, Blake Shelton and others. Justin Bieber and Hailey Baldwin smooch by the Christmas tree Camila Cabello and Shawn Mendes share a steamy kiss on the holidays Cardi B shows off her impressive Christmas trees Ariana Grande shares some candid snapshots with her loved ones...

Ekiti APC greets Christians, urges Nigerians to have faith in government

The All Progressives Congress, (APC) in Ekiti state has congratulated people of the state for witnessing another Christmas celebration. The party, in a statement released on Friday by its Public Relations Officer, Hon. Ade Ajayi on behalf of the Chairman, Barrister Paul Omotosho rejoiced with the people for witnessing another annual celebration of the birth of Jesus Christ. Describing this period as a time for sober reflection, APC equally admonished people of the state to continue to be supportive of the present administration in its bid to address past inequalities and misgovernance. It emphasised the commitment of the present administration to bringing dividends of democracy to the doorstep of the populace, stressing that democracy remains government of the people. APC further appealed ...

Coronavirus: FCT taskforce clears Abuja recreational spots of fun-seekers

The FCT Ministerial Task Team on Enforcement of COVID-19 Protocols, on Friday, cleared some recreational parks of fun seekers who trooped there to celebrate Christmas. Newsmen report that some of the parks where fun-seekers were sent out by taskforce included the famous Millennium Park, Jabi Lake, Unity Fountain and Magic Land. Although the gates at the Jabi Lake were closed, some anxious fun-seekers made their way into the park through porous entry points. Upon arrival at the Lake, many of the violators took to their heels for fear of being arrested but the task force had to call them to sensitise them on the need to adhere to safety regulations. Head, Media and Enlightenment of the task force, Mr Ikharo Attah, who addressed the fun seekers, said that the second wave of the COVID-19 pande...

Christmas celebrated under pandemic’s shadow

Hundreds of millions across the world celebrated pared-down Christmas festivities on Friday due to coronavirus restrictions, as Pope Francis called for vaccines for everyone, describing them as “glimmers of hope in this period of darkness and uncertainty”. The pandemic has claimed more than 1.7 million lives and is still running rampant in much of the world, but the recent launching of mass vaccine campaigns has boosted hopes that 2021 could bring a respite. Like so many across the globe, the pope was forced to break with normal Christmas tradition, holding his annual “Urbi et Orbi” speech by video from the apostolic palace, to prevent a crowd from gathering in St Peter’s Square. “I call on everyone, on leaders of states, on businesses, on international organisations, to promote cooperatio...

EDM Tracks for Your 2020 Christmas Playlists

Christmas is today, and what better way to get in the spirit than by blasting holiday music? EDM and Christmas traditionally don’t go hand in hand, but you may be surprised how many dance music artists have created their own versions of classic carols and even some originals. While this year’s holiday festivities look a lot different than those of previous years, the spirit of it all should absolutely remain the same. Turn on your fireplace (real or virtual), cozy up, and rock these EDM tracks for your Christmas playlists. Wham! – Last Christmas (San Holo Remix) Jesse Slayter & Wuki – Rock Them Bells Kaskade – Deck The Halls (feat. Erika) Major Lazer – Christmas Trees (feat. Protoje) Dimitri Vegas & Like Mike x Armin van Buuren x Brenna...

Here are 10 of the Most Outrageous EDM Christmas Light Shows

It takes a special type of person to spend countless hours and possibly thousands of dollars on a grand light show for their home, and to those who do it, we commend you. The Christmas light display game over the years has turned into an Olympic sport at this point, with families battling it out to have the biggest show not only on their block, but also the Internet.  Oftentimes you see the classic Christmas carol synched to the light display, but for some, this is the time to showcase their love of all things EDM. It makes sense being that extravagant light shows and the genre go hand in hand. Dubstep is the clear standout choice for most of these homes, who craft shows that look like they belong in EDC.  Here are ten of the most jaw-dropping, outrageous EDM Christmas light show...

FCTA prosecutes 20 for breaching coronavirus protocol

The Federal Capital Territory Administration (FCTA) yesterday arrested 20 persons for flouting COVID-19 protocols. The offenders were charged before Chief Magistrate Raphael Egbe of the FCT Mobile Court, sitting at the Eagle Square Abuja, and slammed with a one-count charge of violating COVID-19 protocol by not wearing face masks. The 20 accused persons, who were arrested by FCT TaskForce on COVID-19 were given an option of fines that ranged from N1,000 to N5,000, depending on their conduct during and after the arrest. Chairman of the FCT COVID-19 Taskforce, Ikharo Attah, said seven parks were shut within two days of the exercise for operating in stark violation of the new guidelines on the control of the pandemic. However, an officer of Nigeria Police Force, attached to the taskforce, sus...

CAN urges churches to be security conscious

File Photo The Christian Association of Nigeria (CAN) has asked churches to be security conscious as they celebrate Christmas. CAN President, Dr. Samson Ayokunle, gave the advice in a press statement yesterday titled, ‘The Power of His Presence, Our Hope of Tomorrow’. He encouraged Christians not to be weighed down by the adversities experienced in the year 2020. Ayokunle said, “Christmas is not a myth, not a tradition, not a dream. It is a glorious reality. It is a time of joy. The fact of the cross illuminates Christmas day and hallows it. “Christmas is also a season to advocate peace in the world that is full of wars, strives, terrorism, banditry, kidnapping, armed robbery and other criminalities. “It is painful that many people are mourning due to the demise of their loved ones as a re...

21 Savage Puts On His Santa Hat, Blesses Kids With Gifts Off Their Christmas Wishlists

Source: Bernard Smalls  / @PhotosByBeanz How many gifts did 21 Savage buy for kids this upcoming holiday season? A LOT! 21 Savage put on his Santa hat this holiday season and surprised a bunch of Atlanta kids and families playing secret Santa and blessing them with exactly what they wanted for Christmas. The “Bank Account” rapper and his Lead By Example looked out for 30 kids from  Wade Walker Park Family YMCA in DeKalb County, GA, and provided them some joy to help close out what has been a very challenging year. The kids are all in the YMCA’s virtual learning program, and most of them are on some form of financial assistance. The kids were tasked with the fun holiday tradition of writing a letter to Santa telling jolly old St. Nick exactly what they wanted, Lorna Loh, the Execu...

Lagos governor recovers from coronavirus, urges precautions

The Lagos State Governor, Mr. Babajide Sanwo-Olu, on Thursday announced his recovery from COVID-19 infection, having tested negative, following 14 days of treatment. Addressing State House correspondents at ‘Lagos House’, Marina, Sanwo-Olu said that he experienced moderate symptoms like headache, cough, among other COVID-19 symptoms. He thanked the people of Lagos and the medical team for their care, prayers, and concern throughout his isolation. “I was fortunate to have had a relatively moderate COVID-19 experience. About one in every 10 persons who contracted the disease in Lagos State were not so lucky; they have to go into intensive care, and some of them did not make it out alive. “For this reason, my gratitude is deep and profuse. And it is also for this reason, that I am here to app...

Jurgen Klopp: Mo Salah is happy at Liverpool

Liverpool coach Jurgen Klopp moved to dismiss speculation over Egypt forward Mohamed Salah’s future saying on Thursday he is happy at the Premier League champions. The 28-year-old gave an interview in Spain last week in which he said Barcelona and Real Madrid were top clubs and “who knows what will happen in the future”. This led to speculation over whether he was seeking a new longer-term contract beyond 2023 or he was upset Trent Alexander-Arnold had been given the captain’s armband for the Champions League group match with Midtjylland. “We do not speak about deals — well, not with you (the media). Why should we start now?” said Klopp at his press conference ahead of Sunday’s game with struggling West Brom. “Mo is in a good mood, always a good moment. He is in really good shape and that ...