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Lagos, South Africa and New York
Wed, Feb 20, 2019


Nigeria protests inhuman treatment of citizens, as Ghana deports 723

The Nigerian High Commissioner to Ghana, Michael Abikoye, has protested the inhuman treatment of Nigerians...

Lawal Daura is Not in Control of DSS- Spokesperson

.... Agency Warns Impersonators The attention of the Department of State Services (DSS) has been drawn...

Again, Nigerian Army Warns Personnel Against Involvement in Political Activities

The attention of the Nigerian Army(NA) has been drawn to an allegation of involvement of...

Nigerian lawyer accepts US$1m settlement, but still takes on FirstRand

Victor Obaika accuses the banking group of breaching South Africa’s laws regarding repatriation of...

OPAN Demands INEC Chairman, Mahmood’s Resignation

The Online Publishers Association of Nigeria, OPAN, has asked the Chairman of the Independent...

Ambode presents N852.316bln 2019 budget to House of Assembly

…Earmarks 54% To Capital Expenditure, 46% For Recurrent …Targets N775.2bn IGR, To Complete Major Ongoing Projects Lagos State Governor, Mr Akinwunmi Ambode on Tuesday presented...

Speed up 2019 budget passage to spur economic activities, NECA tells...

Nigeria Employers’ Consultative Association, NECA, has warned that continued delay in the passage of 2019 federal budget is unhealthy for the nation’s economic recovery...

BREAKING: Ambode To Present Lagos Budget Tomorrow

Baring any last minute change, Governor Akinwunmi Ambode, is expected to present the 2019 budget of Lagos State tomorrow, Tuesday. This is coming few hours...

PRIVATE EQUITY FUND NEWS

UPDATED: Zenith Bank’s gross earnings drops to N630.34 billion in 2018

Zenith International Bank Plc on Tuesday became the first bank to announce its 2018 audited result, declaring a drop in gross earnings. The News Agency...

Only 12% of workers contributing to pension scheme –PenCom

Insurance Tuesday, February 19,2019 Out of the over 70 million people that represent the working population in Nigeria, only 8.41 million of them are currently making...

Nigeria’s Coronation Merchant Bank, JP Morgan, Barclay and two others ranked amongst World’s Best...

Global Finance magazine has named its 20th annual World’s Best Investment Banks in an exclusive survey to be published in the April 2019 issue....

Nigerian breweries approve N4.8bn interim dividend on N14.7bn profit

The board of directors of Nigerian Breweries Plc has approved an interim dividend of N4.8 billion for the period ended September 30, 2018,...

Transcorp Sets Record Performance with Profit After Tax of N20.6bn

Lagos, Nigeria – February 15, 2019 – Transnational Corporation of Nigeria Plc (Transcorp), Nigeria’s leading diversified listed conglomerate, has announced its audited results for...

Konga seeks $3.5bn value in New York IPO

Konga, a Nigerian e-commerce group, is planning an Initial Public Offering on the New York Stock Exchange by 2020, which will see the business...

Greif Nigeria Plc suspends operations

Greif Nigeria Plc has decided to suspend operations in the country. The firm’s Chairman Adebayo Olowoniyi disclosed this in its 2018 full-year statements released...

The Big Read

– As Donald Trump rhapsodised on Tuesday night about the “unprecedented economic boom” he is seeing across America, central bankers in Australia, India and the UK were preparing to join a broader retreat from plans to tighten monetary policy. Hours after the US president finished his State of the Union address in the House chamber, Philip...
By Tish Durkin “I am not the female Donald Trump,” demurs Lana Marks in the very polite, very firm way that you can tell she does many things. At this moment, she certainly seems right about that. Perfectly coiffed, polished, and pearl-necked at her desk in the office behind the Palm Beach boutique that bears her name, Trump’s nominee to serve...

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Time to Revisit Uwais, Lemu and Nnamani’s Reports

By virtue of section 26 of the Electoral Act, an election may be postponed if a serious breach of peace or violence is likely...

Nigeria’s democracy is fading away by Adewunmi Emoruwa

On January 25, Nigeria's President Muhammadu Buhari suspended the country's top judge, Walter Onnoghen, and replaced him with an acting chief justice merely weeks...

INEC, And The Two Million University Students By Jerome-Mario Utomi

With just a few days to the planned general election in the country, it will be appropriate to acknowledge two remarkable developments. First and very...

GLOBAL ENTREPRENUERS

Katy Waldman MacKenzie Bezos, wife of the founder of Amazon, Jeff Bezos, writes about the plight of the introverted wife in her novels. Photograph by Elena Seibert Jeff and MacKenzie Bezos are seeking a divorce, having amassed twenty-five years of marriage, four children, and a net worth of a hundred and thirty-seven billion dollars. Jeff is the founder of Amazon. MacKenzie...
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