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FG to start bond roadshow, seek loan from World Bank - Nigeria will soon meet investors before a Eurobond sale - The federal government plans to apply for a $1 billion loan from the World Bank - This will happen once the Senate approve this year’s budget Nigeria will soon meet investors before a Eurobond sale as the federal government plans to apply for a $1 billion loan from the World Bank. Finance minister, Mrs Kemi Adeosun According to Bloomberg, the process will commence as soon as the Nigerian Senate approve this year’s budget. “We are about to embark on the roadshow for the dollar bond”, Mrs Kemi Adeosun told Bloomberg. Adeosun had previously told the Nigerian media that the federal government wants to raise $1 billion in what would be Nigeria’s first Eurobond since 2013....
Banky W loses awards in Lekki home fire EME honcho Banky W is about now counting his loss after an early morning fire razed a property where he lives, located along Admiralty Way, Lekki Phase 1 in Lagos. The fire which started at about 6am Tuesday morning was reportedly caused by a faulty air conditioner as the singer was helped out in fighting the inferno by his neighbours who did all they could. However, efforts by Banky W and his neighbours seemed not enough as the raging fire destroyed lots of valuables including awards the R&B singer won in the past. The fire was brought under control after operatives of the Nigerian Fire Service arrived the scene of the incident at 7:30am (an hour and thirty minutes after the fire started). Recounting the incident, a neighbour who pleaded anonymity said; “The fire started around 6am and all of us came out to assist Banky in putting out the fire. However, Fire service officials arrived around 7.30. ...
Philip Emeagwali has been listed as amongst the top 10 most intelligent people in the world, having the acclaimed IQ of 190. Philip Emeagwali, of course, is a renowned and world-acclaimed engineer, mathematician, computer scientist and geologist who was one of two winners of the 1989 Gordon Bell Prize, a prize from the IEEE, for his use of a Connection Machine supercomputer to help detect petroleum fields. He has the 9th slot directly below Marilyn vos Savant, 8th with verified IQ of 190 and directly above 10th placed Garry Kasparov who is alleged to have an IQ of 190. The Igbo-born Nigerian is credited for inventing a formula that allows supercomputers powered by thousands of processors to perform billions of calculations per second, a discovery that made international headlines and inspired the reinvention of supercomputers. The supercomputer comprises of thousands of networked computers and the Internet also comprises of millions of networked computers. The supercomput...
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