Chelsea Football Club is delighted to announce the appointment of Xabi Alonso as Manager of the Men’s Team.
The Spaniard will begin his role on July 1, 2026, having agreed a four-year contract at Stamford Bridge.
Welcome to Chelsea, Xabi!
Unlike Akin Alabi in Egbeda/Onaara. Skimeh doesn’t really have any competition here in Oyo.
The guy is going for the 4th term, won ti pari primary nibi bayi o
The substance of the article below is right on point. However, the framing needs to be sharpened further to locate what is missing in the triumphalism that seems to follow such upgrades.
Tilewa Adebayo makes this point clearly when he said that “Nigeria’s move from B− to B (Stable) is positive, but it is not investment grade. It remains in the speculative / non-investment-grade (“junk”) category”.
At 'B', Nigeria sits in what S&P classifies as "highly speculative" territory, two notches above the CCC tier and five notches below the lowest investment-grade rating of 'BBB-'. The Bloomberg news we referenced in the article below captured this in its reporting by noting the upgrade placed Nigeria "five levels below investment grade", which is the standard counting convention
Therefore, in reading the ladder properly, we must note that from B, the path to BBB requires five single-notch upgrades. The sequence runs B to B+, then B+ to BB-, then BB- to BB, then BB to BB+, then BB+ to BBB-. Each is one notch on the S&P long-term scale, and the boundary crossing into investment grade is the fifth step rather than a separate destination beyond the ladder. Most sovereign upgrade events move a single notch at a time.
The African comparison deepens the point materially. Per Samira Mensah, Managing Director of Africa Research and Analytics at S&P Global Ratings, only four African sovereigns currently hold investment-grade ratings on the S&P scale, comprising Mauritius (BBB-), Botswana (BBB after the October 2025 downgrade from BBB+), Morocco (BBB-), and St Helena, which is a British overseas territory.
The harder fact, drawn from the historical record summarised in the African Union's AfCRA brief and corroborated by the OECD Africa Capital Markets Report 2025, is that no African sovereign has ever climbed from speculative-grade to investment-grade through reform-driven upgrades.
The four sovereigns currently at investment grade were rated at that level from initial assignment. Nigeria's prospective path is therefore historically unprecedented on the continent, not merely long.
The cost-of-capital prize is therefore substantial. S&P's own published commentary cites Morocco issuing Eurobonds in 2025 at approximately 250 basis points lower than Benin or Côte d'Ivoire in the BB-range, despite all three being African issuers tapping the same global investor pool. The full spread between a B-rated sovereign and a BBB- rated sovereign in normal market conditions is typically 400 to 600 basis points across the Eurobond curve, widening in periods of stress.
For Nigeria, sustained compression of that premium is the quantifiable measure of reform success, with each successive single-notch upgrade plausibly delivering an incremental 80 to 150 basis points of issuance saving on long-dated paper.
On pace, S&P typically reassesses sovereigns every twelve months and moves single notches when positive trajectories hold. Five notches would imply at least five to seven years of unbroken progression, and the historical African record cautions against assuming linearity.
Commodity cycles, security events, and fiscal slippage have repeatedly stalled or reversed upgrade cycles for peer sovereigns, including South Africa, Namibia, and Tunisia, all three of which previously held investment grade and have since lost it.
We should now learn how to calibrate outcomes, not celebrate inevitables.
READ THE INITIAL ANALYSIS>>> https://t.co/F9W2dxbvi7 via @proshare
“Have you ever paid school fees before” is a question you must never allow anybody to ask you as a Man. It’s the highest level of irresponsibility. You will always have your fault as a Human being but taking care of your Children to the best of your ability must never be negotiable even if it’s your last kobo.
Maryland Mall for sale?
An 87% occupancy rate is decent, but the quality of tenants and the lease terms (i.e., duration, rent escalation clauses, FX exposure, etc.) matter far more than occupancy alone.
Nigerian retail malls have also struggled with the purchasing power erosion of the last few years, so that footfall sustainability gas been looked into well, well.
The whole cheating drama, divorce and deportation is beginning to look like a well scripted publicity stunt to promote a product. Believe everything you see here at your own peril.
When people ask, “What do you do for a living?”, they are not always asking about your work. They are often trying to place you on a ladder so they know the amount of respect, access, patience, or attention to extend to you.
The one that still amuses me is when they say: " So you are associated with x or y brand, interesting". As if that was a light bulb 💡 moment in life's many mysteries. 📌
This video reminds me of my ex and how I gave her stability, and how it was evident that she would end up as my wife. Every girl that came around me knew she was the one, and they all left me alone, as expected. I was there for her in all aspects except that I was not financially buoyant enough to take her on fancy dates regularly or get her Valentine gifts and all that materialistic "romantic" stuff (I know this because she told me prior to the breakup).
The first thing she did was convince herself that I didn't love her (I made a post about compromise and love on my WhatsApp, and she replied, "I know I am not the love of your life").
She focused on the things I didn't do and ignored everything I did, just to play the "you are not doing enough" antics on me. She then played the religion card as the final one to end things. I didn't even try to explain because I knew I had given my best at that time.
The funnier thing is, she ended things when I brought up the topic of marriage casually: "You will get married to me." "Who told you I will marry you?" And the religious excuse followed, lol.
Sometimes, I think about the thought process that influenced that decision, and it makes me marvel at how the minds of women work. It's all "if you give a woman reassurance, she won't leave," but this one convinced herself that my reassurance was fake, even though all prior actions suggested otherwise.
That experience taught me a valuable lesson about women, and I realized that all women are the same in that aspect, because I would have sworn that this was a very good and understanding woman. But you see, when someone doesn't believe in you well enough to stay, they will hold onto the flimsiest excuse to leave.
Which brings me to my conclusion: if you are convinced you are doing right by someone, and they believe it is not enough for them to stay, never try to convince them. Let them leave without making a single effort to make them stay, like I did.
Prioritize yourself, do your best for your partner and people, and if they say your best is not enough, leave them be. Life is good.
Banwo & Ighodalo is thrilled to have acted as Nigerian counsel to the Lenders in connection with the debt financing consisting of: (I) a US$340,000,000 (Three Hundred and Forty Million United States Dollars) senior reserve-based facility; and (ii) a US$90,000,000 (Ninety Million United States Dollars) junior reserve-based facility, advanced to Chappal Energies for the purpose of refinancing certain senior and junior facilities originally advanced to finance Chappal Energies’ acquisition of Equinor SA’s 100% interest in Equinor Nigeria Energy Company Limited (now Chappal Energies Offshore Limited).
The participation of multiple lenders with massive global footprint underscores the continued interest of foreign investors in Nigeria’s oil and gas sector, especially in the advent of local ownership of major oil and gas assets. Further, the advancement of this level of financing demonstrates confidence in the sector’s resilience and potential for growth.
#BanwoAndIghodalo #ChappalEnergies #OilAndGas #EnergyLaw #ProjectFinance #LegalAdvisory #NigerianLawFirm #CrossBorderDeals #EnergySector #NigeriaEnergy #IFLR1000
AI Agents, explained in Yoruba.
AI Agents (Ọ̀gbọ́n àpinlẹ̀rọ aláròbọ) are tools that can plan tasks, use tools, and act on your behalf. How are they different from chatbots?
This video is part of my Tech and AI literacy series in Yoruba: https://t.co/1tt95QLDzz