Britain, Nigeria exploring ways to list naira bonds in London

Britain and Nigeria are exploring ways to list naira-denominated bonds on the London Stock Exchange to help fund infrastructure projects in the West African country, the City of London’s Lord Mayor told Reuters.   Charles Bowman, who acts as an ambassador for the British capital’s financial district, made the comments during a three-day visit to Nigeria during which he held talks with the vice president, trade minister and representatives of both Nigeria’s stock exchange and Central Bank. Nigeria, once a darling for frontier investors, suffered its worst recession in a…

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Nigeria, Britain and the naira

The Nigeria’s history won’t be concluded without mentioning the United Kingdom (UK). The latter has hitherto remained a household name when discussing the former, particularly in the aspect of the country’s politics as well as economy.   It’s noteworthy that the UK comprises mainly the Great Britain and the Northern Ireland. If further split, the former consists of England, Scotland and Wales; among these three, the first two countries majorly constitute the Britain. Owing to both the population and landmass’ percentage Britain occupies in the bloc, the UK is usually…

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Modified pig organs may correct birth defects in humans

A team of doctors in Britain have perfected the use of modified pig organs to treat newborn babies with birth defects. Babies born missing a section of their oesophagus, the tube linking the mouth to the stomach, are to receive the transplants harvested from pigs and then modified using the child’s stem cells. ‘The Australian’ an online news portal reported that the landmark lifesaving treatment would be used next year at Great Ormond Street Hospital in London on about 10 children born with severe cases of oesophageal atresia (EA). Similarly,…

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Ijebu community installs Adebambo as Arole Ako

Oke Ako community in Yemoji Local Council Development Area of Ogun State will come alive on Thursday as United Kingdombased businessman Rafiu Olatunde Adebambo is installed as the Arole Ako. The installation, to be performed by the Aladeken of Oke Ako, Oba Joshua Osunsami, is expected to be witnessed by government functionaries, monarchs, eminent personalities and other sons and daughters of the town. A sleepy but ancient town in the contemporary history of Ijebuland, Oke Ako is approximately 10.7km from Ijebu-Ode, from which Yemoji LCDA was recently carved out by…

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Britain, France and Biafra

Two noteworthy groups have emerged on the scene since this Biafra agitation reached its present crescendo. They are those who believe the agitator’s ambition is not achievable and those who are already envious of its success. A lot belong to the later, those afraid of the Biafra project succeeding. It’s against this backdrop that I feel it would be a huge disservice to allow two senior foreign diplomats go unchallenged for injudiciously hauling themselves into the domestic matter of our country. The British and French envoys in Nigeria recently forgot…

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