Thursday, 30 July 2015

News Release: Afreximbank Works To Increase African Footprint As It Celebrates Landmark Term Loan

The African Export-Import Bank (Afreximbank) is working diligently to increase its footprints in major countries across the continent and to broaden its role in African trade finance, Bank President Jean-Louis Ekra, said today in Frankfurt, Germany.

Wednesday, 29 July 2015

Open Letter: A Presidential Sallah Gift & Demand For Constitutional Democracy In Nigeria (2)


Another breach of Sections 13, 14 (2) (a), 14 (2) (b) and 14 (2) (c) of the 1999 Constitution by Your Excellency is Your Excellency’s perceived unfriendly disposition towards the Southeast in particular and the South-south, to some extent; on account of their choice of voting in the March and April 2015 polls. Your Excellency’s recent public comments, policies and actions are a clear case in point. Attempts by Your Excellency’s media aides to glorify them did not fly.

Tuesday, 28 July 2015

News Release: Côte d’Ivoire Announces Plans To Increase Investment In Afreximbank

Ivorian President Alassane Ouattara flanked by Afreximbank President Jean-Louis Ekra (left) and President Designate Dr. Benedict Oramah.

Ivorian President Alassane Ouattara today in Abidjan announced that the country planned to increase its investment in the African Export-Import Bank (Afreximbank) by taking up its rights under the Bank’s ongoing general capital raising exercise.

U-Report: Quds Conference; A Symposium Featuring Scholars And Thinkers


Report By Stephen Lawan

Symposim on Quds titled  ‘From Al-quds to Zaria: A melting Point of Rights Violation, Veil of Bias and Conspiracy of Silence’. The Speakers, who were introduced by Sheikh Muhammad Turi, include Prof Chidi odikalu, Chief Ebineza, Pastor Yohanna Buru, Mr Massoud Sharez from London and remarks by Malama Zeenah, Iran Ambassador, Hajiya Bilkisu among others.

Open Letter: A Presidential Sallah Gift & Demand For Constitutional Democracy In Nigeria (1)


Ref: Intersociety/NG/001/07/15/Presidency/FRN/ABJ

His Excellency, Major General Muhammadu Buhari (retired)
President of Nigeria & Commander-in-Chief of the Nigerian Armed Forces
The State House (Aso Rock Villa), Three-Arms-Zone
Federal Capital Territory (FCT), Abuja, Nigeria


A Presidential Sallah Gift & Call For The Return Of Constitutional & Procedural Democracy In Nigeria (Part One)
We, the leadership of International Society for Civil Liberties & the Rule of Law (Intersociety) have observed disappointedly the unfolding presidential events since the emergence of Your Excellency on 29th May 2015 as the sixth democratic civilian President of the Federal Republic of Nigeria. In other words, there are recorded breaches of fundamental provisions of the Constitution of the Federal Republic of Nigeria 1999, amended last in 2011, in the course of Your Excellency’s presidential policies and conducts so far; leading to torrential feeling of disaffection and public outcries among Nigerians.

Monday, 27 July 2015

News Release: Advanced Technology Increasingly Shaping Africa’s Financial Sector

The African financial services industry is rapidly evolving as a result of advancing technology which is fueling innovation and growth in the sector. While the sector is mature in most developed countries, it is less saturated in Africa, therefore offering many opportunities for new market entrants to challenge the status quo of how business has traditionally been conducted.

Sunday, 26 July 2015

U-Report: Soldiers Attacked Shaikh Ibraheem Zakzaky’s Convoy In Abuja

Report By Ibrahim Usman

Heavily armed soldiers today, July 26, 2015 attacked the convoy of Leader of Islamic Movement in Nigeria Shaikh Ibraheem Zakzaky on entry into Abuja.

News Release: Staff Indebtedness, A Monster Threatening The Foundation Of Independent Media In Nigeria

An extensive investigation carried out recently by the leadership of International Society for Civil Liberties & the Rule of Law (Intersociety) showed clearly that there are three hydra-headed monsters threatening the foundation of independent media establishments and press freedom in Nigeria, particularly the print and visual media. These are: indebtedness, corruption and unprofessionalism.  Media indebtedness is triggered by greed and maximization of proceeds on the part of the independent media proprietors. Media corruption, on its part, is caused by corruption of the media industry and injection of billions of naira derived from ill-gotten wealth as well as ownership of many of them by corrupt former public office holders particularly former, and in some cases, serving State governors; for the purposes of influencing and skewing public opinions on matters of politics, ethnicity and religion, as well as covering their kleptomaniac and homicidal records in office. Media unprofessionalism is caused by vicious factors like promotion of ethno-religious clannishness and personal interests; poor working condition and job de-satisfaction on the part of staff or media practitioners, occasioned by poor remuneration and remuneration arrears of journalists as well as general ineffective and inefficient media management policies and actions. Our extensive investigation also found that media indebtedness, corruption and unprofessionalism are interwoven, resulting to guided press freedom in present democratic dispensation.

Saturday, 25 July 2015

News Release: Moody’s Changes Afreximbank’s Rating Outlook To “Stable”

Moody's Investors Service announced today that it has changed the outlook on the Baa2 long-term issuer rating of the African Export-Import Bank (Afreximbank) from negative to stable. Concurrently, the rating agency also affirmed Afreximbank's Baa2/P-2 long and short-term ratings.

News Release: MEND Dissociates Self From Ex Militants’ Meeting

The Movement for the Emancipation of the Niger Delta (MEND) dissociates itself from the purported meeting of “MEND/Ex-MEND Leaders” scheduled to hold on July 25, 2015 , in Yenagoa, Bayelsa State
MEND wishes to state categorically that the proposed meeting is merely an assembly of dubious contractors and disgruntled elements, reacting on behalf of oil thieves and corrupt officials of the past administration of Goodluck Jonathan.