Resting in His Bosom

Last night, I did something I am not proud of. Ever had that feeling where you get scared to pray because
you are very sure God is disgusted by you?

I Did Not Leave Empty Treasury: Jonathan says

Former President Goodluck Jonathan, on monday said he did not leave an empty treasury for President Muhammadu Buhari who took the reins of government from him on 29 May last year.

“It is not true; there is no way that he (President Buhari) would have inherited an empty treasury and at the same time give bailout to the states. It’s not possible,” he told Bloomberg TV.

Beautiful Morning

Great attitude is like a perfect cup of coffee – don’t start you day without it. 

 Good thoughts precede great deeds. Great deeds precede success. 

  Success comes to those who have the will power to win over their snooze buttons. Wishing you an awesome morning. 

8 Ways Procrastination Can Destroy Your Life

1. You will lose precious time

How much time have you wasted procrastinating? It isn’t easy to tell, but I am sure you can imagine. The worst thing about procrastinating is the moment you realize that you are two, five or ten years older and nothing has changed. Where did all the time go?

This is a terrible feeling because you can’t turn back the hands of time, you just have to live with the helpless feeling of regret. There is nothing worse than feeling frustrated at yourself, knowing the situation could have been so different…if only you had taken that first step!

Effect of Procrastination

Procrastination affects every aspect of our lives. Here are some of the experiences people who procrastinate have reported.

Learn to do things at the right time... It's called discipline.

BREAKING NEWS: 2016 Batch A (Stream II) Orientation Course Starts Monday 13th June

A statement from the Management of the National Youth Service Corps(NYSC), late Monday in Abuja states that the Orientation Course for the 2016 Batch A Stream 11 Orientation course will start from MONDAY 13th JUNE to WEDNESDAY 29th JUNE 2016 Nationwide.

Oil prices jump amid supply worries

Oil prices rebounded Monday as investors worried about plummeting Nigerian production after a militant attack in Nigeria.

Output of Nigeria's Bonny Light crude has fallen by an estimated 170,000 barrels per day (bpd) following recent attacks on pipeline infrastructure, according to media reports Monday.

Oando secures $475m loan

Nigerian oil firm Oando said on Monday it has secured a 94.6 billion naira ($475 million) loan facility from 10 domestic banks under plans to restructure its finances and return to profitability this year.

The financing was led by Access Bank, includes Diamond Bank, Ecobank, FCMB, Fidelity Bank, Stanbic IBTC Bank, UBA , Union Bank and Zenith Bank.

The facility is a five-year term loan, paying Nigerian interbank rate plus two percentage points with a three-year moratorium on principal.

"In a bid to return to profitability in 2016, I am happy to announce the successful completion of restructuring our overall debt profile," Chief Executive Wale Tinubu said in a statement.

Oando is still due to post results for 2015, having reported a $246 million loss in the nine months to September. The company posted a record loss of $1.10 billion for 2014.

It paid $1.5 billion to acquire ConocoPhillips' Nigerian business in 2013, when oil prices were at a peak. But high financing costs coupled with the plunge in oil prices have hit profits, leaving it unable to service its debt.

In April, Fidelity Bank said it had placed a 22.4 billion naira ($113 million) loan to Oando on a watchlist and taken a special provision of 5 percent on the advice of Nigeria's central bank to all lenders exposed to the company.

Fidelity then said the central bank had given lenders a deadline to reach a deal to resolve the debt issue, which would include a sale of assets.

Oando said on Monday its restructuring plan would include the sale of assets worth $350 million this year.

Jonathan Opens Up: I am Being Investigated for Corruption

Goodluck Ebele Jonathan, the former president, says he is currently under investigation for corruption.

In an interview with Bloomberg TV, Jonathan said that he could not make comments about the investigations.

Nollywood Actress, Wife of Jide Kosoko. Henrietta Kosoko is dead

According to several news reports, Nollywood actress and the wife of Jide Kosoko, Henrietta Kosoko has passed on today. Reports came that the 53-year-old actress passed away a couple of hours ago after she slumped and was rushed to the hospital.