Kimpossible

It is about one year since Albert Okumagba passed. As the tributes flowed, my mind went back to the day I lost N3.2 billion in one transaction and the role he played. Mai Mustapha was my boss at Habib Bank and he had sent for me.  “Edgar we want to buy a lot of First Bank shares and we need a house with a heart that can do it.”  I said  “how much”  and he said,  “over N3billion”  to which I then responded emphatically,  “do not worry, search no more we will do it, just give me the mandate.” He said coolly,  “Come back tomorrow” . I went back to the office and didn’t tell a soul. I didn’t want the transaction jinxed considering that I was bringing in one of the biggest transactions ever as a young stockbroker.   I had just joined BGL one of Nigeria’s premier and largest investment houses at the time. I had worked barely two years in the company so a deal like this was pivotal to my development as a rising stockbroker. BGL was also a very s...

  EQUITIES MARKET Price appreciation in  INTBREW (+9.62%) ,  OANDO (+4.09%)  and  BUACEMENT (+3.47%)  buoyed market performance as the All-Share Index rose 9bps to close at 42,013.39 points. This moderated the YtD gains to  +4.33% . Investors' sentiment was negative  (0.32x)  with 10 gainers against 31 losers.  INTBREW (+9.62%) ,  LASACO (+8.33%)  and  LINKASSURE (+7.55%)  topped the gainers while  UACN (-9.73%) ,  FTNCOCOA (-8.70%)  and  FBNH (-6.98%)  topped the losers' charts.   Sectoral performance was mostly positive, as the  Industrial (+1.09%)  ,  Oil & Gas (+0.72%)  and  Consumer (+0.57%)  indices advanced. However, the  Banking (-1.51%)  and  Insurance (-1.49%)  closed in red.   Activity levels was mixed as 318.97mn shares  (-15.65%)  valued at N3.28bn (+1.06%) were traded in 5,492 deals.  UBA (-0.58%) ...

  Intimacy is much more than just the pleasure it provides. Making out with your spouse first thing in the morning has a lot of health benefits, and I'll go over a few of them in this post. 1. It is advantageous to the brain. Making love in the morning, according to research, releases a cocktail of neurotransmitters and hormones, including dopamine, also known as the "feel-good" hormone. Couples who make out first thing in the morning report more pleasure, which is beneficial to the brain. 2. Oxytocin is released Making love in the morning has been demonstrated to bring partners closer together due to the production of oxytocin, also known as the cuddle hormone, which regulates love and bonding. Simply put, making love first thing in the morning strengthens the bond between spouses. 3. It can assist couples in maintaining their youthful appearance. Couples who want to seem younger should spend more time together in the morning since it releases oxytocin and beta-end...

The world faces imminent disaster without urgent action on climate change, with the damage we can already see becoming unstoppable, the United Nations secretary-general told leaders gathered for a major climate conference in Glasgow, Scotland. "Our addiction to fossil fuels is pushing humanity to the brink," António Guterres said in opening remarks to the 26th meeting of the Conference of Parties, known as COP26, on Monday. "We face a stark choice: Either we stop it — or it stops us." "We are digging our own graves," he warned. Guterres is pushing the world's nations to commit to more ambitious climate action – with a 45% cut in carbon dioxide emissions by 2030 and net carbon emissions by 2050. These are goals that scientists say must be reached if the global community has any chance of holding warming to 1.5 degrees Celsius this century. But the COP26 conference opened a day after the G-20 economies noted only vaguely "the key relevance" of ...

The Chief Executive Officer of Bitt Inc., Brian Popelka, has said a phone application for people without bank accounts will be rolling out soon. He said the present version of the eNaira app could only be used by people with bank accounts. Bitt Inc. is the Central Bank of Nigeria’s technical partner for the digital currency, eNaira. According to the CBN, inclusion is a core objective of the eNaira. Popelka, in an interview with CoinDesk, said, “In Nigeria, it is a methodological rollout; this is our initial stage. A phone app specific for folks that are unbanked will be rolling out very soon, considering the fast follow-up from us. “So that is how we see the financial inclusion question coming through. As far as interest goes, it is hard to say this early what the interest is. I imagine that the concept has a newness to it; people want to understand the inner workings of it and what to use it for.” According to the CEO, launching the eNaira app was challenging, but the company relied o...