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Punch Newspapers Sections Published 25 January 2021 Music blared. Joy floated. Naira rained. Feet trampled. This is the spectacle of Nigerian lavish parties called owambe, a short-lived rivulet of opulence flowing into the sea of poverty. Despite the sacred warning that the love of money is the root of all evils, man loves money, still. Money has many monikers; here are a few of them. Apekanuko bespeaks the high esteem money holds among the Yoruba. Ego, the Igbo magic word for money, is the fuel of commerce. It is different from ego, the personality framework and double-edged sword of Sigmund Freud that can kill or save. ....
Oba Darasimi Nasarawa Governor Abdulahi Sule has raised the alarm over activities of the terror group, Boko Haram, in his state. Governor Sule visited President Muhammadu Buhari on Friday for a closed door meeting in his office at the Aso Rock Presidential Villa, Abuja, to discuss the insecurity issue in Nasarawa along with other issues including the possible federal government take-over of Jitata Road, which serves as an alternative route from the state to the FCT. According to Governor Sule, members of the terror group, who were dislodged from a location along the Abuja/Nasarawa borders last year, had regrouped along the Nasarawa/Benue borders, wrecking new forms of havoc. ....
Although there are a variety of options for raising capital and attracting investors, equity is one of the two most sorts after options. It allows a company to give a share of ownership of its business to an investor in expectation of a return as the business grows. Unlike public equity (stock market) with ownership of shares in a public company, private equity (PE) simply means ownership of shares in a private company. Private equity is a type of capital investment (asset or security) made to (target) companies that are not publicly traded on a stock exchange. As an alternative form of private financing, private equity allows investors directly invest in companies through which such investors gain an ownership stake in the companies. Investors seek PE funds to earn returns that are considered to be better than those from the public equity markets. ....
Auto crash claims 17 lives in Nasarawa On By David Odama The Federal Roads Safety Commission FRSC Sunday confirmed the death of 17 travellers in Akwanga Local Government Area of Nasarawa state The FRSC Unit Commander in Akwanga, Assistant Corps Commander Ebere Onyegbaduo said the Corp received a distress call of a fatal accident by 7 pm between Akwanga and Gudi Towns. “We rushed to the scene and found a Commercial vehicle VW Sharon Bus and a Private Toyota Sienna Bus in flames with the occupants inside the burning vehicles. Ebere said preliminary investigation showed that the Sharon Bus coming from Abuja overtook on a hill, and at a bend when it ran into the Sienna bus and the two vehicles went up in flames leading to the death of 17 People beyond recognition. ....
“We rushed to the scene and found a Commercial VW Sharon Bus and a Private Toyota Sienna Bus engulfed in flames with the occupants inside the burning vehicles. “We called for Fire Brigade, the fire was contained by 11pm and we completed the rescue by 2 am” he said. Ebere said preliminary investigation showed that the Sharon Bus coming from Abuja was overtaking on a hill, and at a bend when it ran into the Sienna bus and the two vehicles went up in flames leading to the death of 17 People beyond recognition. He said the occupants of the Sharon Bus have been deposited at the Akwanga General Hospital while those of the Sienna have been taken to the Dalhatu Araf Specialist Hospital, ( DASH) in Lafia. ....