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IFC, AfDB sign ISDA agreement to expand local currency finance

IFC, AfDB sign ISDA agreement to expand local currency finance

IFC, a member of the World Bank Group, and the African Development Bank (AfDB) today signed an ISDA Master Agreement to enter into cross-currency swap transactions to facilitate local currency lending and bond issuance in Africa. It is the first ISDA Master Agreement either institution has signed with another multilateral financial institution.

Logical Christianity

Logical Christianity

Peter says to Christians: “Always be ready to give a logical defence to anyone who asks you to account for the hope that is in you.” (1 Peter 3:15). However, most Christians cannot do this because our understanding of the faith does not make logical sense. We believe things that are contradictory and pre-eminently illogical. This makes our faith rationally indefensible. Seat most Christians in a discussion-panel with atheists or agnostics and we would easily become a laughing-stock.

Jonathan’s oilgate: Greasing the exit gate

Jonathan’s oilgate: Greasing the exit gate

President Nixon succeeded Lyndon Johnson, who voluntarily rejected the second term bid once he found his country sharply divided, and, he, the President was the centre of all the raging and violent controversies. Nixon was later consumed by a crime called the Watergate Affair.

Unilag: The outrage of a renaming

Unilag: The outrage of a renaming

One of my greatest fears is someday to wake up and to hear that the University of Jos, my beloved alma mater, has ceased to be, and has been renamed the Yakubu Gowon University. Or that the University of Ibadan would come to be known as Olusegun Obasanjo University; and since the inimitable Nnamdi Azikiwe in his lifetime vigorously rejected the moves by Jubril Aminu as minister for education to rename the University of Nigeria, Nsukka after him, perhaps, then it might become Alex Ekwueme University.

In all things

In all things

When it rains, it really pours. Lately it seems people are getting it from all sides when it comes to trouble. There is no life that is trouble free but the worldwide recession certainly paints a gloomy picture of the new reality. I am all for hope and I certainly exercise my faith in speaking things that aren’t as though they are but there are times I feel like a balloon that is loosing air and getting smaller daily.

Our vision at Little Saints was for just  25 children (1) – Rev. Dele George

Our vision at Little Saints was for just 25 children (1) – Rev. Dele George

AFTER some years in the banking industry, Reverend Christina Bamidele George (nee Ogbemudia) resigned in 1985 and went into business with her husband. In 1990, she became born again and almost immediately felt a leading to a unique mission to dedicate her life to the cause of saving abused, abandoned and orphaned children in the society.