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Champion Breweries Makes History With ₦30 Billion Maiden Bond Issuance.

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According to Nivo News, Champion Breweries Plc has successfully completed its inaugural ₦30 billion 5-year Fixed Rate Senior Unsecured Bond issuance at a coupon rate of 19.50%, under its ₦45 billion Bond Issuance Programme. This historic transaction marks the first bond issuance by a company in Nigeria’s breweries sub-sector, reflecting Champion Breweries’ commitment to diversifying its funding sources, strengthening its capital structure, and positioning itself for sustainable growth in a competitive market.....KINDLY READ THE FULL STORY HERE▶

Despite being launched amid a volatile interest rate environment, the bond attracted strong demand from a wide range of institutional investors, including Pension Fund Administrators, Asset Managers, Trustees, banks, registrars, and high-net-worth individuals, underscoring confidence in the company’s creditworthiness and long-term growth strategy. Proceeds from the bond will be allocated to enhancing operational efficiency, modernizing production infrastructure, and supporting long-term value creation for stakeholders.

Chairman of Champion Breweries, Mr. Imo-Abasi Jacob, described the bond issuance as “more than a financing milestone; it is a statement of intent,” emphasizing the company’s resilient business model and strong governance. CEO Dr. Inalegwu Adoga highlighted that the capital raised would be deployed to drive operational efficiency and consolidate the company’s leadership in Nigeria’s beverage market.

Rand Merchant Bank Nigeria Limited (RMB Nigeria) acted as Lead Issuing House and Bookrunner for the bond, with Executive Director Chidi Iwuchukwu noting the transaction as a significant milestone for both the company and the breweries sub-sector, reflecting the depth and sophistication of Nigeria’s debt capital markets. CEO Bayo Ajayi added that the successful issuance demonstrates the growing confidence of investors in long-term funding opportunities within the sector and sets a precedent for future bond offerings.

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FROM BEHIND BARS! Uwazuruike Drops Bombshell: Nnamdi Kanu Is Recruiting Igbo Youth For Violence From Prison!.

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Ralph Uwazuruike, an agitator for the Biafran nation, has accused Nnamdi Kanu, the leader of the Indigenous People of Biafra (IPOB), of continuing to recruit Igbo youths for violent activities from his prison cell in Sokoto. Uwazuruike claims that this ongoing recruitment is directly responsible for the deaths of many young people.....KINDLY READ THE FULL STORY HERE▶

  • Call to Action: He urged Igbo leaders and the pan-Igbo organization, Ohanaeze Ndigbo, to travel to Sokoto to demand that Kanu cease his recruitment efforts.

  • Opposition to Violence: Uwazuruike emphasized his own aversion to violence and questioned how someone serving a life sentence for terrorism can continue to mobilize youths for such causes.

  • Advocacy for Amnesty: He questioned why IPOB members cannot renounce violence and seek government amnesty and rehabilitation, similar to the programs offered to repentant terrorists and bandits in northern Nigeria.

  • Context of Allegations: Uwazuruike’s comments appear to be prompted by recent social media videos featuring hooded, armed militants who claim loyalty to Kanu and threaten further violence in the South East to secure his release.

  • Leadership Changes: These concerns also follow reports that Kanu has restructured his leadership team from prison and initiated a vague “100-man-project”.

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THE VIRAL REBUTTAL! APC Chieftain Ayekooto Fires Back: Remi Tinubu’s Advice Was Not For Yahoo-Boys Or Obidients!.

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APC chieftain Ayekooto Akindele has defended First Lady Remi Tinubu regarding her controversial advice to women about engaging in small-scale businesses, such as selling roasted corn, akara, and kuli-kuli. Akindele clarified that this guidance was not intended for internet fraudsters or supporters of Peter Obi.....KINDLY READ THE FULL STORY HERE▶

  • Target Audience: The advice was specifically aimed at individuals living at or below the poverty line who seek to earn an honest living while maintaining their dignity.

  • Defense of Small Businesses: Akindele argued that the businesses mentioned by the First Lady are daily necessities patronized by almost every household in Nigeria.

  • Critique of Critics: He claimed that those criticizing the advice, including “Yahoo-boys” and “ObiDENTs,” view such work as beneath them because they aspire to high-level trade like selling cars, rather than starting with small-scale ventures.

  • Advocacy for Honest Labor: The APC chieftain emphasized that these small enterprises provide a path to earning a livelihood without resorting to immoral activities or cybercrime.

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BLOOD ON THE SOIL! MACBAN Demands Immediate Justice For Slain Benue Chairman Ardo Risku!.

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The Miyetti Allah Cattle Breeders Association of Nigeria (MACBAN) has expressed deep sorrow and shock over the assassination of its Benue State Chairman, Ardo Risku, and is demanding that security agencies launch a comprehensive investigation to ensure the perpetrators face justice.....KINDLY READ THE FULL STORY HERE▶

  • Context of the Attack: MACBAN reported that Risku was killed shortly after attending a security meeting requested by Ohimini Local Government officials to discuss regional peace and stability.

  • The Incident: Approximately an hour after the meeting, Risku and an associate were intercepted and fatally shot in Okudu village.

  • Premeditation Concerns: The association views the killing as a “dastardly and deeply disturbing act” and highlighted that the timing, immediately following a peace-oriented security meeting, suggests the attack may have been premeditated.

  • Pattern of Violence: MACBAN noted that this incident follows a recent attack on the deceased’s son, a lawyer, in a village last week, further supporting the need for a thorough and transparent investigation.

  • Broader Impact: The association emphasized that targeting community leaders and peace advocates actively sabotages efforts toward dialogue and peaceful coexistence.

  • Commitment to Peace: Despite this tragedy, MACBAN reaffirmed its dedication to collaborating with government and security institutions to resolve national security concerns and offered condolences to the victim’s family and the Benue State chapter.

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