Tonkona

How to Seduce Straight Guys Non-manufacturing index sustains decline Naira depreciates as I&E turnover falls 30% to $612.45m External reserves rises further to $36.5bn By Babajide Komolafe & Elizabeth Adegbesan THE Manufacturing Purchasing Managers Index, PMI, dropped to 42.4 index points in May, 2020 from 51.1index points in March, 2020, the first contraction in the manufacturing sector in 37 months. The Central Bank of Nigeria, CBN, disclosed this in its PMI report for May. The report also showed that Non Manufacturing PMI dropped sharply by 23.9 index points to 25.3 index points in May from 49.2 index points in March. This is the second consecutive months of decline in the Non Manufacturing PMI. The report showed that 30 subsectors, out of the 31 surveyed recorded contraction during the month. The contraction recorded across the 30 subsectors in May reflects the severe impact of the various COVID-19 induced restrictions and thus confirms that the nation’s economy is

How to Seduce Straight Guys Investment level up 89% Development will restore market stability – analysts By Nkiruka Nnorom Stockmarket LOCAL investors are taking advantage of the incredibly low prices of stocks in the Nigerian Stock Exchange, NSE, to increase their investments following the prolonged downward movement in equity valuation since the advent of the coronavirus, COVID-19, pandemic on the Nigeria’s economy. Data on domestic and foreign portfolio participation in the NSE equity market shows that domestic investors committed N374.98 billion in the market at the end of the first quarter of the year (Q1’20), representing an increase of 89 percent compared to N198.39 billion in the previous quarter in 2019. This also represents 59.82 percent contribution to total investment (N626.87 billion) pooled in the first quarter of the year and 32.8 percent higher than N251.87 billion invested by foreign investors. Research analysts and securities dealers, who spoke to Financial

How to Seduce Straight Guys Amidst the concern over corporate performance and the macroeconomic impact of Coronavirus (COVID-19) pandemic, corporate organisations are now implementing various Business Continuity models. Financial Vanguard   investigations have revealed that key corporate institutions are now restructuring their business models to create more resilient operations, less vulnerable to any form of restriction to formal office settings and workstations. They are headed towards institutionalizing  work-from-home   or virtual office, while seamlessly interfacing with customers and creating more value at less cost. A top executive in one of the tier-1 banks told  Financial Vanguard  that the big blow on businesses following the involuntary shutdown of operations had made it imperative for the business continuity frameworks to run its full course even at the post COVID-19 era. READ ALSO: Mobile Police Squadron base: Makinde urges stakeholders not to politicise security m

How to Seduce Straight Guys By Dele Sobowaale A map of Nigeria   Every great enterprise starts off with enthusiasm for an exalted aim; and ends up bogged down in petty politics— Charles Peguy, 1873-1914, Vanguard Book of Quotations, P. 49 CAN you recollect when the news report that “the EFCC is investigating  allegations of N1billion fraud against Governor ABC” would send the governor scampering to the airport for the first flight out of Nigeria? Can you remember when entire States’ Houses of Assembly trembled if Malam Nuhu Ribadu, the first Chairman of the Economic and Financial Crimes Commission, EFCC, merely mentioned that the lawmakers were under investigation? Do you even remember who Nuhu Ribadu is and does it matter anymore? Yet, the first visit of the former EFCC Chairman to Lagos to meet the media created a massive hold-up for hours. Attached to the EFCC chair must have been armed officers numbering close to two hundred. It was not so much a visit as an invasion.  Mo

How to Seduce Straight Guys Amidst the concern over corporate performance and the macroeconomic impact of Coronavirus (COVID-19) pandemic, corporate organisations are now implementing various Business Continuity models. Financial Vanguard   investigations have revealed that key corporate institutions are now restructuring their business models to create more resilient operations, less vulnerable to any form of restriction to formal office settings and workstations. They are headed towards institutionalizing  work-from-home   or virtual office, while seamlessly interfacing with customers and creating more value at less cost. A top executive in one of the tier-1 banks told  Financial Vanguard  that the big blow on businesses following the involuntary shutdown of operations had made it imperative for the business continuity frameworks to run its full course even at the post COVID-19 era. READ ALSO: Mobile Police Squadron base: Makinde urges stakeholders not to politicise security m

How to Seduce Straight Guys By Dele Sobowaale A map of Nigeria   Every great enterprise starts off with enthusiasm for an exalted aim; and ends up bogged down in petty politics— Charles Peguy, 1873-1914, Vanguard Book of Quotations, P. 49 CAN you recollect when the news report that “the EFCC is investigating  allegations of N1billion fraud against Governor ABC” would send the governor scampering to the airport for the first flight out of Nigeria? Can you remember when entire States’ Houses of Assembly trembled if Malam Nuhu Ribadu, the first Chairman of the Economic and Financial Crimes Commission, EFCC, merely mentioned that the lawmakers were under investigation? Do you even remember who Nuhu Ribadu is and does it matter anymore? Yet, the first visit of the former EFCC Chairman to Lagos to meet the media created a massive hold-up for hours. Attached to the EFCC chair must have been armed officers numbering close to two hundred. It was not so much a visit as an invasion.  Mo

How to Seduce Straight Guys President Muhammadu Buhari TAKING it from the regime’s three-point agenda: revival of the economy, securing the country and fighting corruption, it can be safely said that nothing has really changed (except in many cases for the worse). The economy was sagging when he took over in 2015. It went into recession later that year and marginally broke the surface in late 2018. The nation has gone back to the debt trap under this regime, and more borrowing is likely to continue in the post-COVID-19 pandemic economy. Perhaps the area the Buhari government has made some impact is the anti-graft war. Though corruption is still very endemic in government, there is a great awareness of an ongoing anti-graft war, with many former governors jailed and lots of stolen funds recovered. The regime has failed to tackle the nation’s security challenges. Before Buhari took over, Boko Haram Islamic terror was the main problem facing the nation. Today, the Islamists are s

How to Seduce Straight Guys President Muhammadu Buhari By Owei Lakemfa THE Buhari Presidency last  Friday, May 29, composed songs of praise to mark its fifth year in office. In a child-like manner, its image-makers taunted perceived enemies and insulted Nigerians who do not think the administration should be celebrated. I am one of those who see no reason for any celebration in this season of global health crisis, lockdowns, mass job and income losses, economic meltdown with death lurking our hospitals and isolation centres. Our case is worsened by massive local and foreign loans for mainly non-tangible things; debts this administration is piling up for future generations to pay, or upon which they will be enslaved. I do not want to waste precious time debating corruption in this government. At least not in this lockdown when Nigerians are told billions of naira have been spent on the School Feeding Programme even before the child at home saw a grain of rice. I may be more wi

How to Seduce Straight Guys By Adewale Kupoluyi IN the last one month, it has been tales of agony, pain and regrets for many people who lost their relatives and loved ones not to the coronavirus, COVID-19, pandemic but rather, what the novel virus has triggered off in terms of mismanagement and poor response to public health across the country. There is hardly any part of the country that is free from the tales and cries brought about by the deadly disease. For a long time to come, the pandemic would remain a nightmare considering the economic loss and devastation to the entire world. To date, nobody or authority can speak with certainty on what can be done to curtail coronavirus or when an effective remedy can be found for the pandemic that knows no age, race, status, gender and religion. It is natural to accord great priority and attention to ending COVID-19 and pushing it into the dustbin of history. It is no surprise that globally, all hands have been on deck to combat our co

How to Seduce Straight Guys President Muhammadu Buhari TAKING it from the regime’s three-point agenda: revival of the economy, securing the country and fighting corruption, it can be safely said that nothing has really changed (except in many cases for the worse). The economy was sagging when he took over in 2015. It went into recession later that year and marginally broke the surface in late 2018. The nation has gone back to the debt trap under this regime, and more borrowing is likely to continue in the post-COVID-19 pandemic economy. Perhaps the area the Buhari government has made some impact is the anti-graft war. Though corruption is still very endemic in government, there is a great awareness of an ongoing anti-graft war, with many former governors jailed and lots of stolen funds recovered. The regime has failed to tackle the nation’s security challenges. Before Buhari took over, Boko Haram Islamic terror was the main problem facing the nation. Today, the Islamists are s

How to Seduce Straight Guys President Muhammadu Buhari By Owei Lakemfa THE Buhari Presidency last  Friday, May 29, composed songs of praise to mark its fifth year in office. In a child-like manner, its image-makers taunted perceived enemies and insulted Nigerians who do not think the administration should be celebrated. I am one of those who see no reason for any celebration in this season of global health crisis, lockdowns, mass job and income losses, economic meltdown with death lurking our hospitals and isolation centres. Our case is worsened by massive local and foreign loans for mainly non-tangible things; debts this administration is piling up for future generations to pay, or upon which they will be enslaved. I do not want to waste precious time debating corruption in this government. At least not in this lockdown when Nigerians are told billions of naira have been spent on the School Feeding Programme even before the child at home saw a grain of rice. I may be more wi

How to Seduce Straight Guys By Adewale Kupoluyi IN the last one month, it has been tales of agony, pain and regrets for many people who lost their relatives and loved ones not to the coronavirus, COVID-19, pandemic but rather, what the novel virus has triggered off in terms of mismanagement and poor response to public health across the country. There is hardly any part of the country that is free from the tales and cries brought about by the deadly disease. For a long time to come, the pandemic would remain a nightmare considering the economic loss and devastation to the entire world. To date, nobody or authority can speak with certainty on what can be done to curtail coronavirus or when an effective remedy can be found for the pandemic that knows no age, race, status, gender and religion. It is natural to accord great priority and attention to ending COVID-19 and pushing it into the dustbin of history. It is no surprise that globally, all hands have been on deck to combat our co

How to Seduce Straight Guys By Chike Anyaonu I got to know about this name, Bruce Mayrock, some four years ago through Barrister CHUDI Ofodile’s book titled The Politics of Biafra: and The Future Of Nigeria and published by Safari Books Limited, Ibadan in 2016. Ever since then, I have been trying to dig deeper and deeper into the archives to learn more about this young altruistic, dynamic and benevolent personality. An enigma of sorts, for that matter. Ofodile had, in chapter seven of his book, cited Bruce as one of “Biafra’s non- Igbo actors”, those who participated in one way or the other to fight the cause of the ill-fated Republic of Biafra that were not of Igbo origin. One of them who is still alive today is Wole Shoyinka. Though this write up is a kind of joint tribute to all of them, Bruce Mayrock, for me, deserves a special and everlasting mention. He was not an African, but a citizen of the United States of America. So what concerned a 20-year-old university student   i

How to Seduce Straight Guys By Chike Anyaonu I got to know about this name, Bruce Mayrock, some four years ago through Barrister CHUDI Ofodile’s book titled The Politics of Biafra: and The Future Of Nigeria and published by Safari Books Limited, Ibadan in 2016. Ever since then, I have been trying to dig deeper and deeper into the archives to learn more about this young altruistic, dynamic and benevolent personality. An enigma of sorts, for that matter. Ofodile had, in chapter seven of his book, cited Bruce as one of “Biafra’s non- Igbo actors”, those who participated in one way or the other to fight the cause of the ill-fated Republic of Biafra that were not of Igbo origin. One of them who is still alive today is Wole Shoyinka. Though this write up is a kind of joint tribute to all of them, Bruce Mayrock, for me, deserves a special and everlasting mention. He was not an African, but a citizen of the United States of America. So what concerned a 20-year-old university student   i

How to Seduce Straight Guys Liverpool could win their first Premier League title at Wembley after the national stadium emerged as ‘the most likely venue’ for the Merseyside derby and their meeting with Manchester City. It was reported on Friday morning that Liverpool ‘almost certainly’ won’t win their first English championship in 30 years at their Anfield home due to fears over social distancing and policing. South Yorkshire Police later confirmed the “small number of fixtures” they would prefer to be held at neutral venues, as well as Everton against Liverpool at Goodison Park and Manchester City versus Liverpool at the Etihad. ALSO READ:  Chicharito slams Moyes over ‘error’ that ‘still haunts’ Man United They also highlighted “the game in which Liverpool could secure the league title” as another that could pose a risk with fans congregating outside. The Daily Mirror report that Liverpool would oppose plans to hold fixtures at any stadium other than the one they were schedule