Coronation Merchant Bank Limited, a leading investment bank in Nigeria, has recorded a very strong performance in its inaugural Commercial Paper issuance. The Bank set out to raise the sum of NGN15 billion on the first tranche under its NGN100 billion Commercial Paper Programme. It received commitments of over …
Read More »Fayose can only vote and return to Afao on election day —Fayemi
The All Progressives Congress governorship candidate in Ekiti, Dr. Kayode Fayemi, has said Governor Ayodele Fayose will not be allowed to move about on the election day of July 14. He assured the people of adequate security on the day, urging them to come out en-mass to perform their civic …
Read More »How FG’ll raise N9.1tn to fund 2018 budget – Udoma
The Minister of Budget and National Planning, Udo Udoma, has explained how the N9.1tn revenue to finance the 2018 budget will be raised by the Federal Government. Speaking during the public presentation of the 2018 budget on Thursday in Abuja, Udoma expressed optimism that the government would be able to …
Read More »Ambode promises to tackle drug abuse
The Lagos State Governor, Akinwunmi Ambode, on Thursday reiterated his administration’s commitment to fight drug abuse in the state. The governor stated this at the inauguration of the Lagos State Kicks Against Drug Abuse (LASKADA) in Agidingbi, Ikeja, adding that the menace of drug abuse was on the high side. …
Read More »We are in support of restructuring, Osinbajo says
Vice-President Yemi Osinbajo has said that the present administration is not opposed to restructuring as being canvassed in many quarters. He said the administration was in support of any form of restructuring that would benefit Nigerians. Osinbajo stated this while addressing traditional rulers from Ekiti State at the palace of …
Read More »What to expect from APC’s ‘multi-purpose’ national convention
The National Chairman, of All Progressives Congress (APC), Chief John Odigie-Oyegun PHOTO: PHILIP OJISUA Tomorrow at the Eagle Square Abuja, the ruling All Progressives Congress (APC) would come face to face with what remains of its birth pangs as it holds its second national convention. From the series of events …
Read More »NNPC extends crude-for-refined oil contracts, settles $5b cash-call arrears
The Group Managing Director of NNPC, Maikanti Baru PHOTO: TWITTER/NNPC Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, said the corporation would continue to swap crude oil for refined petroleum products for the next six months in the face of obsolete refineries in the country.The …
Read More »Sun International and City of Tshwane Partnership Promises Awesome World Choir Games Experience for West Africa Travellers
Sun International, premium luxury hotels and resorts brand has partnered the City of Tshwane to create awesome travel experiences for West Africa travellers to the forthcoming World Choir Games scheduled to take place in the City of Tshwane from 4th to 14th July this year. The City of Tshwane, home …
Read More »Dangote pays 90% of net profits as dividend
…Delights shareholders with N10.50 per share payout Shareholders of Dangote Cement on Wednesday at the company’s 9th Annual General Meeting (AGM), held in Lagos were full of praise for the Board, Management and staff of the company after approving the dividend payout of N10.50 per 50k share, representing 90 per …
Read More »Rivers APC Breaks into Factions Ahead of National Convention
Ahead of the national convention of the All Progressives Congress (APC), the Rivers State chapter of the party has broken into factions as the immediate past Deputy Chairman of the party, Prince Peter Odike, has declared himself the acting Chairman of the party in the state, insisting that the election …
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