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Wed, Jun 19, 2019


Lagos government closes Mile 2 to Tincan Island for repairs

The Lagos State Government has shut the road from Mile 2 to Tincan Island Port,...

Taraba government imposes curfew after attack

The Taraba State Government has imposed a curfew on Jalingo, the state capital after an...

Code Of Conduct Bureau’s Refusal To Disclose Asset Declarations Of Presidents, Governors Is Shame on Nigeria’s Democracy- Falana

The human rights lawyer, Femi Falana (SAN), has condemned the Code of Conduct Bureau (CCB)...

US govt denies report on Nigeria student visa ban

The United States Mission in Nigeria has dismissed viral news which said the embassy is...

19-year-old Eniola Aluko Shot Dead In London, Police Make 5 Arrests

Detectives investigating a fatal shooting in Plumstead have made a fifth arrest. The 18-year-old man was...

Sanwo-Olu signs N873 billion Lagos 2019 budget into law

...Promises Speedy Implementation Lagos State governor, Mr Babajide Sanwo-Olu on Monday signed into law the 2019 Appropriation Bill. The bill with a total budget of...

Nigeria’s 2019 Budget has a funding gap of N102.83 bn —...

Says GDP is expected to grow at 3.01 per cent, while the inflation rate is expected to be 9.98 per cent. Sen. Udoma Udo...

Nigeria considers additional borrowing to implement N8.92 trillion, 2019 budget

Nigerian government has signaled a possible raise in its planned borrowing to enable it implement the N8.92 trillion, 2019 budget signed by President Buhari...

PRIVATE EQUITY FUND NEWS

Shareholders approve Bank’s N54.5 billion capital restructuring

Shareholders of Union Bank of Nigeria (UBN) Plc have approved a proposal to cancel N54.46 billion accumulated permanent losses in the books of the...

Dangote Cement eyes $700m forex earnings from terminals

THE cement terminals being built by Dangote Cement Plc in Ibeshe, Lagos State and Onne, Rivers State, will fetch the company $700 million when...

Oando PLC Responds to SEC’s Statement on Frauds & Scandals

On Sunday, June 9, 2019 the Securities & Exchange Commission (SEC) via a press statement published on its website indicated that “Oando...

Airtel Africa To List On Nigeria Stock Exchange, London Stock Exchange at the same...

Airtel Africa Ltd, a unit of India’s Bharti Airtel Ltd, says it intends to list its shares on the Nigerian Stock Exchange...

Fidelity Bank to create ASPAMDA traders support facility

FIDELITY Bank Plc has promised to create a special support facility for traders in the ASPAMDA market. Managing Director/Chief Executive Officer, Fidelity Bank, Nnamdi...

Nigeria’s Pelfaco signs oil production sharing deal with Congo Republic

BRAZZAVILLE, June 11 - Nigerian private oil and gas company Pelfaco signed a production sharing deal with Congo Republic’s state energy firm on...

Oando shares rebound despite weak market sentiment

Femi Asu The share price of Oando Plc rebounded on Thursday, the first day of trading after the court granted the firm an injunction restraining...

The Big Read

Continent’s largest economy is worried the deal will hurt its local industries The African Union has urged Nigeria, the continent’s biggest economy, to join a new pan-African trade zone before the agreement comes into effect at the of the month. The African Continental Free Trade Area will cut tariffs to zero on 90 per cent of goods for member states...
>> Sarah Maslin Nir, The New York Times After he graduated from university, Vozbeth Kofi Azumah was reluctant to tell anyone — even his mother — what he planned to do for a living. “I’m a farmer,” he said, buzzing his motorcycle between freshly plowed fields on a recent afternoon. “Here, that’s an embarrassment.” In some parts of the world, farmers are...

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GLOBAL ECONOMY

The benefits of Nigerian citizenship? by By Eugene Enahoro

In the past whenever a Nigerian displayed his or her photograph taken solo with a Certificate, it was because they had achieved some sort...

Buhari’s Cabinet: To Be Or Not To Be? By Fredrick Nwabufo

“It will take the next two months before ministers can come on board. Bringing them in now may disrupt the clean-up going on. So,...

Shame Of June 12 Democracy Day: Grass Takes Over $360m MKO Abiola Stadium

The National Stadium, Abuja, now renamed Moshood Abiola National Stadium is in a state of disrepair following the failure of the government to maintain...

GLOBAL ENTREPRENUERS

The world’s richest man has some thoughts on how to get ahead. By Siraj Datoo Bezos Says Decision to Start Amazon From 'Heart Not Head' The world’s richest man has some advice for budding entrepreneurs: Never forget about the customer, and feel comfortable with getting things wrong. The founder and CEO of Amazon.com Inc. Jeff Bezos was speaking during a keynote at the...
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