The attention of Diamond Bank Plc (“the Bank”) has been drawn to the rumor in the media stating that the Bank is purportedly in discussions with Access Bank Plc to acquire the Bank. We wish to state categorically that the Bank is not in discussions with any financial institution at …

  Heritage Bank Plc has called on government at all levels and deposit money banks to increase supports in agriculture, as it is the most resilient and important sector of Nigerian economy, despite underwhelming investment in the sector. The Executive Director of the bank, Jude Monye stated this while delivering …

The Ondo state House of Assembly Speaker, Bamidele Oloyelogun and Deputy Speaker, Iroju Ogundeji has been impeached. Both were impeached by 18 lawmakers on Friday over gross misconduct. Recall that the deputy speaker Ogundeji was impeached and subsequently reinstated early this year following the intervention of the state governor, Rotimi Akeredolu. …

The President, Dangote Group, Aliko Dangote, has said the revenue of his group of companies will hit $30bn by 2020, The Cable reported on Thursday. The multibillionaire, while speaking at the Africa Investment Forum in Johannesburg, South Africa, noted that the progress being made by the Dangote Group was as …

Godwin Isenyo, Kaduna Kaduna State Governor, Mallam Nasir el-Rufai, on Thursday appointed his recently-announced running mate in the 2019 elections, Hadiza Balarabe, as Senior Adviser-Counsellor. A government statement by the el-Rufai’s Senior Special Assistant on Media and Publicity, Mr Samuel Aruwan, said the appointment was with immediate effect. Hadiza is …

The Federal High Court in Abuja on Thursday turned down a request by the Federal Government to issue a warrant for the arrest of the Deputy Senate President, Ike Ekweremadu. The Special Presidential Investigation Panel for the Recovery of Public Property had, on behalf of the Federal Government, urged the …

As part of efforts to address building collapse in Nigeria, BUA Cement, a subsidiary of BUA Group, has enlightened block and concrete makers on how to apply the right mix of Cement with other components to ensure only standard blocks and concretes are produced. The one-day workshop tagged, “Optimizing Cement …

Organised Labour on Wednesday reacted to the position of the Presidency and the Federal Government that President Muhammadu Buhari was yet to accede to the proposal of a N30,000 National Minimum Wage for Nigerian workers. Labour’s position is coming against the backdrop of the information from the Presidency and the …

The Dangote Group on Wednesday unveiled its new products – BlocMaster Cement, Stew mix and Curry powder – to the delight of visitors at the ongoing Lagos International Trade Fair. Alhaji Aliko Dangote, Chief Executive Officer of Dangote Group, said during Dangote Special Day at the fair that the new …

Dr. Emmanuel Eweta Uduaghan, the immediate past governor of Delta State and the All Progressives Congress (APC) Delta South senatorial candidate in the 2019 elections, has appointed his former political adviser, Mr. Charles Mallam-Obi as the director-general of his senatorial campaign. According to a statement signed by Dr. Uduaghan’s Special …