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Tue, Apr 23, 2019


Controversy as father detained after gunmen abduct five-day-old baby

A five-day-old baby allegedly abducted in its home in Ijagbe commmunity, Mopa-Muro Local Government Area,...

Obasanjo’s community gets secondary school as sons bag chieftaincy titles

It was celebration galore on Saturday as former president Olusegun Obasanjo joined his kinsmen at...

Mother dumps newborn baby in well – Police

The police in Jigawa have confirmed the recovery of an abandoned newborn baby from a...

CACOL lauds Ambode on execution of impactful projects

...Says Governor's Achievements In Four Years Unprecedented The Centre for Anti-Corruption and Open Leadership (CACOL) has...

Onnoghen: I didn’t confess to hiding my bank accounts

The Code of Conduct Tribunal (CCT) has scheduled judgment for Thursday in the trial of...

Nigeria may pass Budget 2019 Budget tomorrow

BARRING the unforeseen, the National Assembly will pass this year’s Appropriation Bill tomorrow. It was learnt yesterday that the Appropriation Committees of the Senate and...

Nigeria’s parliament plan to pass 2019 budget on April 16

The Senate has promised to pass the 2019 budget on April 16. This is just as President Muhammadu Buhari declined his assent...

Senate rejects Trade and Investment Ministry ‘s 2019 budget

Abuja – The Senate Committee on Trade and Investment has rejected the ministry’s 2019 Budget of N15.63 billion. Senate The rejection followed alleged discovery...

PRIVATE EQUITY FUND NEWS

Prestige Assurance: How high underwriting costs crippled its earnings

Prestige Assurance Plc. like its peers, is grappling with increasing underwriting expenses due to challenging operating environment.Chris Ugwu writes Nigerian insurance are grappling with reduced...

Merger: Access Bank’s loan book rises to N3trn

By Michael Eboh & Ediri Ejoh Access Bank Plc said it now has the largest loan book in Nigeria’s banking industry, at over N3...

Access Bank declares N45bn pre-tax profit for Q1

Access Bank Plc has declared N45.10 billion as Profit Before Tax, for its first quarter ended March 31, 2019, representing 64.4 percent increase compared...

GTBank shareholders endorse N2.75 total dividend for 2018

Shareholders of Guaranty Trust Bank (GTBank) Plc, on Thursday unanimously endorsed the payment of a total dividend of N2.75 per share for...

Zenith Bank Plc’s Unedited Q1 2019 Results hit N57bln

In the first quarter ended 31 March 2019, Zenith Bank Group recorded improved numbers across key metrics, driven by a solid performance in all...

GTBank Releases Q1 Unaudited Results……Reports Profit Before Tax Of N57.0 Billion

Guaranty Trust Bank plc has released its unaudited Financial Results for the quarter ended March 31, 2019 to the Nigerian and London Stock Exchanges. The...

Togo based Ecobank Breaks 18-Month Nigerian Hiatus by Selling Eurobonds

By Emele Onu , John Glover , and Paul Wallace Yield ranks among the higest from emerging markets in 2019 Attracts strong demand from DFIs...

The Big Read

What does a business do next after racking up cumulative losses of $935m? Go public, of course. Jumia is billed as Africa’s first “tech unicorn”, a venture-capital funded company valued at more than $1bn on the New York Stock Exchange. Its lack of a profitable model didn’t seem to matter much on the first day of trading on Friday, as...
* Africa offers potential 3-4 million car market - VW executive * Companies lobby governments to limit imports of used cars * Companies push for steps to help production * Kenya, Nigeria and Ghana targeted as assembly hubs By Joe Bavier, Emma Rumney and Duncan Miriri JOHANNESBURG/NAIROBI, April 12 (Reuters) - At the edge of Nairobi’s Ngong Forest, thousands of used cars glitter in...

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GLOBAL ECONOMY

For First Bank of Nigeria, 125 years is not just a number

The combination of One plus Two and Five – making eight has significant implications amongst magicians, tarot card readers, fortune tellers, snake charmers and...

Do we trust tech? How presidents and CEOs work on prosperity

By CHRISTINA WEHBE GrowthView first asks, why is it we look up to our elders? And how can AI (artificial intelligence) build on the...

With Buhari, Osinbajo, Lawan, Gbaja, Igbo Presidency In 2023 Is Now A Moral Burden...

We have always pledged to Nigeria’s unity. But we have not gone beyond this ritual and work at it. How can we assert, “Nigeria’s...

GLOBAL ENTREPRENUERS

Nigerian business mogul Abdoul Samad Rabiu is studying the Rwandan and regional mining sector for viable opportunities, The NewsTimes has reported. Rabiu is Chairman of BUA Group which has interest in cement production, sugar refinery, edible oil production and ports among other investments. Rabiu has been listed as one of the richest Africans with his wealth estimated at over $1.6B. His...
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