…No Plan To Amend LG Electoral Law – Kaduna Assembly The Kaduna State chapter of the People’s Democratic Party (PDP) has expressed concerns over the legitimacy of the upcoming local government election, scheduled for October 19, 2024. At a press conference held in Kaduna on Wednesday, the party’s chairman, Hon. …
Read More »GSK Shares Surge After $2.2bn Settlement Deal
Shares of GSK (GSK.L) surged by as much as 6.5 per cent on Thursday following the announcement of a $2.2bn settlement related to U.S. lawsuits alleging that its discontinued heartburn medication, Zantac, caused cancer. The settlement, disclosed on Wednesday, was significantly lower than anticipated, with JP Morgan previously estimating a …
Read More »ETI Issues $400m Notes At 10.125% Interest Rate
Ecobank Transnational Incorporated (ETI) has successfully priced its $400m 10.125 per cent notes, which are set to mature on October 15, 2029. Interest payments on the notes will be made semi-annually, on April 15 and October 15 each year, with the first payment commencing on April 15, 2025. This information …
Read More »Lagos strikes back: Illegal Army structures torn down at Yaba College
The Lagos State Government has taken decisive action to remove illegal structures erected by officers of the Nigerian Army adjacent to the perimeter fence of Yaba College of Technology. This move follows the expiration of notices served to those responsible for the unauthorized constructions. Tokunbo Wahab, the state’s Commissioner for …
Read More »Man United summer signing diagnosed with heart condition
Manchester United’s summer signing Noussair Mazraoui is set to miss the next two months due to a diagnosis of cardiac arrhythmia, according to reports. The setback comes as the club grapples with their worst-ever start to a Premier League season, having secured just eight points from their opening seven matches. …
Read More »Why APC may win 2027 election — PDP chieftain
A Peoples Democratic Party chairmanship aspirant, Conrad Utaan, has warned that the All Progressives Congress could secure victory in the 2027 election if the ongoing issues within the PDP continue. Utaan stated this during an interaction with journalists in Abuja on Wednesday, highlighting that the internal crisis has rendered all …
Read More »Tiwa Savage under fire for showing backside during TikTok live session
Award-winning Nigerian music star Tiwa Savage has caused controversy online after a TikTok live session where she exposed her backside while showing off a tattoo. The singer, who is a mother of one, was participating in a live chat with TikToker Peller and his partner, Jadrolita, also known as Jarvis, …
Read More »NACCIMA: Hike in petrol price will exacerbate inflation, severely impact businesses
The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has said the hike on the price of petrol could lead to higher transportation costs, exacerbate inflation and severely impact small and medium-sized businesses. Mr Dele Oye, National President, NACCIMA, made this known in a statement on Wednesday …
Read More »Stanbic IBTC Bank and FinDev Canada partner to increase Sustainable Finance and Gender Finance
To increase access to sustainable finance in Nigeria, Canada’s Development Finance Institution, FinDev Canada, provides a loan of up to US$ 40 million to Stanbic IBTC. This loan to Stanbic IBTC, a member of Standard Bank Group, Africa’s largest bank by assets, paves the way to a long-term partnership in the …
Read More »Lagos launches Local TB Champions, Steering Committee to combat Tuberculosis
In a significant initiative to combat tuberculosis (TB) in Lagos State, First Lady, Dr. Ibijoke Sanwo-Olu inaugurated Local Government TB Champions and Ambassadors, the Lagos State TB Steering Committee, and the Lagos STOP TB Partnership. The event took place on Tuesday, October 8, 2024, at the First Lady’s Banquet Hall, …
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