Bond
Bitcoin could crush Russian ruble by rising another 140%, classic technical setup suggests
Bitcoin (BTC) has declined by around 30% after topping out at 5.8 million rubles a token on March 9. Nonetheless, the said drop could be an excuse for traders to dump another big stash of the Russian national currency if a classic bullish continuation pattern plays out. Bitcoin heads towards 11 million rubles Dubbed the “ascending triangle,” the pattern appears when the price consolidates between a rising lower trendline (support) and a flat upper trendline (resistance). It completes after the price breaks out of the consolidation range in the direction of its previous trend, eyeing levels at length equal to the maximum distance between the triangle’s upper and lower trendline. BTC’s price against the ruble has been trending inside a similar structure since January ...
Gianluigi Buffon: Why I turned down Champions League for Parma
Gianluigi Buffon has said he rejected ‘two opportunities to even win the Champions League’ so that he could help Parma come back into Serie A and hasn’t lost hope of a spot at the 2022 World Cup. The 43-year-old shot-stopper signed the two-year contract and will be presented to the media this evening after leaving Juventus for the club where his career first started as a teenager. “I have many memories, above all the motivation and hope is to write a few more important pages in the history books of this club, and I know I can do it,” Buffon told Sky Sport Italia. “That is the main reason I returned here, along with the other 999 reasons! I felt such strong emotions, as an emotional reaction is the only way to keep delivering at this level at my age. “I knew Parma would give me something th...
Dangote Cement completes issuance of N50 billion bond programme
Dangote Cement Plc has announced the successful issuance of N50 billion series 1 fixed rate senior unsecured bonds, under its new N300 billion multi-instrument issuance programme. In a statement on Tuesday, the cement producer said the bonds were issued on May 26, 2021 at coupon rates of 11.25 percent, 12.50 percent and 13.50 percent for the three, five and seven-year tranches respectively. The bonds will be listed on the Nigerian Exchange Limited and FMDQ Securities Exchange. Dangote Cement said that the proceeds of the bond issuance will be deployed for the company’s expansion projects, short-term debt refinancing and working capital requirements. “Aside from this first issuance of a traditional bond under the new Multi-Instruments Programme, Dangote Cement has registered a programme ena...
Jorginho almost joined Manchester City in 2018 – agent
Chelsea star Jorginho was close to joining Manchester City prior to his move to west London, according to the midfielder’s agent. Jorginho followed Napoli boss Maurizio Sarri to Stamford Bridge in 2018 and has since become a key part of the Blues line-up, helping them to Champions League final victory over City in May. But if things had turned out differently he might well have lined up against his current team-mates in Porto. “It was Napoli’s choice,” agent Joao Santos explained to Football Italia. “They were negotiating with Manchester City, but then they began talks with Chelsea, and that’s where we ended up. “We have nothing against Manchester City. Playing at Manchester City under Pep Guardiola would have been satisfying, but that’s how transfers work. “Sometimes things can change ver...
Katsina governor: Kebbi boat mishap a major national tragedy
Governor Aminu Bello Masari of Katsina State, has said that the recent boat mishap in Warrah, in Ngaski Local Government of Kebbi State was a major national tragedy . Masari stated this on Sunday, in Birnin Kebbi, when he led a high powered delegation, for the condolence and commiseration visit to Kebbi state Governor, Senator Abubakar Atiku Bagudu. ”The tragic incident had consumed the lives of over 100 persons and in Nigeria, just like in other climes, tragedies of such disturbing magnitude call for national mourning and concerns. ”That is why we are here ,on behalf of government and people of Katsina State, to express our deepest condolences and commiseration to the families of the victims, people and Government of Kebbi State,” he said. Masari also expressed hope that,the deceased have...
Baba Ijesha granted bail
Nollywood actor, Olanrewaju James, better known as Baba Ijesha, who was detained by police for alleged sexual assault has been granted bail. His lawyer, Adesina Ogunlana, confirmed this to newsmen on Monday. “He has been granted bail about one hour ago. We are working to perfect the bail. He was granted bail on health grounds. He has not been released. He will be released after his bail conditions have been perfected,” he said. According to the lawyer, among the bail conditions listed for the release of the actor are two reliable sureties – one of them must be a level 10 officer, a direct blood relation, and N500,000 bail bond in like sum. It was gathered that Baba Ijesha was granted bail when magistrates went around police stations across the state, hearing cases of some suspects. Ogunlan...
Expert: Corporal punishment impedes autistic child’s development
Baerbel Jaja, Head, Government Special School, Lafia, Nasarawa State, says corporal and psychological punishments should not be meted to special needs persons. Jaja told newsmen in Lafia on Friday that corporal and psychological punishments hamper the overall functionality and the development of such persons. She said: “If you flog an autistic child, that’s the end of the development for that child. “You have killed his spirit. “Even for a normal child, if you keep flogging him, you have actually killed the spirit of that child and that will make him not to function well. “If an autistic child does not function the way you want, you have to be patient with him. “You cannot use force on any of this special need kids because it doesn’t work; it will rather close up the little you have achiev...
Seplat issues $650 million oil and gas bond
Seplat Petroleum Development Company, a Nigerian independent oil and gas firm, has issued $650 million in aggregate principal amount of senior notes due in 2026. It is said to be the largest ever Nigerian oil and gas bond issuance. A senior note is a type of bond that must be repaid before most other debts in the event that the issuer declares bankruptcy. It is more secure than other bonds. The dual listed company said the five-year bond was well-received in the market with orders from high quality institutional investors. “The notes priced at a yield of 7.75%, representing a significant pricing reduction from its $350 million debut issuance in 2018, which priced at a yield of 9.50% , with a coupon of 9.25%,” a statement by the company read. “The offering was well oversubscribed with deman...
Man Suspected Of King Von Murder Goes Free On $100K Bond
HipHopWired Featured Video Source: Douglas Sacha / Getty Quando Rondo associate Lul Tim has been named the chief suspect in the shooting death of Chicago rapper King Von and is now free on bond. Tim, real name Timothy Leeks, posted a $100,000 bond over the weekend, and the video of his release has gone wide on social media. In a report from XXL, Lul Tim posted the bond last Friday (March 26) and was released on Saturday (March 27) with supporters recording the moment as he walked free from the Fulton County Jail in Atlanta, Ga. According to press statements made by Atlanta Police officials, Leeks apparently will be fitted with an ankle monitor but other details surrounding his release have been kept under wraps. Leeks was charged four months ago in connection with the fatal shooting of Kin...
Court refuses to order Femi Fani-Kayode’s arrest for not attending trial
A Federal High Court in Abuja declined on Wednesday the application for the issuance of bench warrant against former aviation Minister, Femi Fani-Kayode, being tried for alleged money laundering related offences. At the mention of the case on Wednesday, lawyer to the prosecution, Mohammed Abubakar, noted that Fani-Kayode was absent. Abubakar recalled that Fani-Kayode had been absent in court on two other days and argued that the defendant was scheming to evade trial. He then applied to the court to revoke the bail granted the defendant, issue bench warrant for his arrest and order the issuance of summons on his surety to show cause why he (the surety) should not forfeit the bail bond he endorsed. Defence lawyer, Wale Balogun, objected to the request made by the prosecution and argued that ...
Court admits Senator Ndume to bail citing ‘good behaviour’
Justice Okon Abang of the Federal High Court, Abuja, yesterday, on grounds of “good behaviour”, admitted Senator Ali Ndume to bail over his suretyship for former Chairman of the defunct Pension Reform Task Team, Mr. Abdulrasheed Maina. Maina, who is standing trial on a 12-count charge of alleged N2 billion money laundering, was assumed to have jumped bail following his failure to appear in court for his trial on four different adjournments. It would be recalled that Justice Abang had admitted Maina to bail in the sum of N500 million and a surety in like sum, who must be a serving Senator and must attend every court proceedings relating to the matter. Ndume had stood surety for Maina in his alleged money laundering trial and was consistent in attending Maina’s trial until sometime in Septem...
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Rumble in Edo as governor runs government without cabinet
Precisely 129 days into his second tenure as governor of Edo State after his election on September 20, 2020 and inauguration on November 12, 2020, Godwin Obaseki, has not formed his cabinet. This has generated some flaks from different quarters, including the opposition party, All Progressives Congress (APC), constitutional lawyers, political analysts, public commentators, residents among others. While others feel that Obaseki has not committed any crime or breached any law, others believe that he is running a one-man administration and must go ahead to form his cabinet. They argued that going by Section 192 of the 1999 Constitution, the governor is obliged to form a cabinet, saying this is a circumvention, which the state House of Assembly should take action on. Obaseki had said that his ...