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Wed, Jun 26, 2019


Breaking: Buhari sacks Kachikwu from NNPC Governing Board

The Federal Government, Tuesday, appointed a former Group Managing Director of the Nigerian National Petroleum...

Sanwo-Olu at 54: Celebrating A Man On Mission For A Greater Lagos

By Gboyega Akosile A good head and good heart are always a formidable combination. But when...

Osinbajo inaugurates liquid waste treatment plant in Rivers

Vice President Yemi Osinbajo on Friday inaugurated the Port Harcourt Dockyard Liquid Waste Treatment Plant...

“I Dare Miyetti To Create Fulani Terrorists Vigilante In Igboland Biafra” – Nnamdi Kanu

PRESS STATEMENT: I condemn in totality, both in letter and spirit the underhand agreement between South...

UPDATED: Hundreds Escape Plane Crash In Nigeria As Air Peace Operated Boeing 737 Aircraft Skids Off Runway At Port Harcourt Airport

An Air Peace aircraft, Boeing 737, skidded off the runway in Port Harcourt International Airport...

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

SYNLAB Nigeria wins NHEA Award for 6th consecutive time

SYNLAB Nigeria, a leading innovative medical diagnostics center has won the prestigious Nigerian Healthcare Excellence Awards (NHEA) for the sixth consecutive time. SYNLAB was...

Retail investors adopt SPVs to buy into Airtel Africa’s N325.25b IPO

Retail investors have opted for the use of special purpose vehicles (SPVs) to aggregate funds and buy into the ongoing initial public offering (IPO)...

FirstBank Hits 27,000 Banking Agents, Deepens Financial Inclusion

First Bank of Nigeria Limited has announced that it now has over 27,000 agents on its Firstmonie network. This feat, according to a statement from...

Jumia sells its North African real estate portal assets to Dubai-based EMPG’s Mubawab

The pan-African e-commerce platform, Jumia, has sold its north-African real estate portal, Jumia House, to the Dubai-based Emerging Markets Property Group, Mubawab, at...

Vodacom to exit Nigeria with sale of 100% stake of its subsidiary.

Vodacom sells its Business Africa, Synergy Communications acquires Vodacom Vodacom Group has announced it is selling it’s business unit in Nigeria, the largest telecommunications market...

Nigerian billionaire Adebutu Kesington is said to buy controlling stake in Wema Bank’s shares

A new majority shareholder may have taken shelter in Wema Bank Plc, going by the recently-recorded spike in the company’s sales volume. The Strategic Investor...

Shareholders endorse Stanbic IBTC’s N15.36 billion dividend payout for 2018

Shareholders of Stanbic IBTC Holdings Plc yesterday approved a dividend payment of N15.36 billion for the 2018 financial year. The dividend declaration translates to N1.50...

The Big Read

A major incentive for colonial rule in Nigeria were her natural resources and the wealth hidden beneath her soils, including large deposits of minerals strewn around the country. So alluring and wide spread were these deposits that it motivated the colonial government to amalgamate the territories now known as Nigeria for easier colonial management and transportation to Europe. ...
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...

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Open Letter To Mr. President On The Urgent Need To Restructure The Nigerian Insurance...

We congratulate Mr. President for winning the recently concluded Nigerian general elections and the inauguration for the second four year term. This victory is...

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,...

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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