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Fri, Nov 22, 2019


Here are Some Ways for you to Have Fun without Spending a Ton of Money

Money always seems to be the elephant in the room. It doesn’t matter whether you...

Nigerian Army Promotes 34 Brigadier Generals, 47 Colonels

The Nigerian Army Council has approved the promotion of 34 Brigadiers-General to the rank of...

P&ID: Court Admits Briton to N500m Bail

A Federal High Court, Abuja, on Thursday, admitted a British national, James Nolan, to bail...

Senate Probes Non-completion of 27-year-old Kagara Dam Project

By Deji Elumoye in Abuja The Senate on Thursday mandated its Committee on Water Resources to...

FG Declares Monday Public Holiday

The Federal Government has declared Monday November 11 public holiday to mark the 2019 Eidul-Mawlid...

Abia gov presents N136.6 billion budget estimates for 2020

Governor Okezie Ikpeazu of Abia State on Monday presented N136,617 billion Appropriation Bill for the 2020 fiscal year to the state House of Assembly. The...

Anambra Assembly passes N137.1 billion budget for 2020

The Anambra State House of Assembly on Friday passed the state 2020 Appropriation Bill of N317.1 billion for 2019. The approval came more than 28...

Education gets N22.853 billion as Yobe Gov presents N108 billion budget...

Governor Mai Mala Buni of Yobe State on Wednesday presented a budget of N108 billion for 2020 to the State House of Assembly for...

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PRIVATE EQUITY FUND NEWS

Coca-Cola commits to scale up investments in Africa

The Coca-Cola Company has stated its commitment to leverage the vast opportunity in Africa to drive the beverage company's long-term growth strategy. James Quincey,...

FBNQuest becomes First Merchant Bank Approved for Customs Duties Collections In Nigeria

FBNQuest Merchant Bank, the investment banking and asset management business of FBN Holdings Plc, has been approved by the Nigeria Customs Service as the...

CBN Release Lists of Licensed Finance Companies, DMBs, MFBs and BDCs As At Sept...

The Central Bank of Nigeria (CBN) has published the list of licensed finance companies, Microfinance Bank (MFBs), Bureaux De Change (BDCs) and Deposit Money...

Chinese investors reportedly interested in acquiring Polaris Bank

According to various sources emerged at the weekend that a group of Chinesse investors are serious discussions to acquire Polaris Bank Limited, a...

Abraaj Investors to cut stake in Nigeria’s C&I Leasing After Share Sale

By Emele Onu Abraaj’s equity seen at 49%-51% from 70% after rights offer C&I Leasing issuing shares to fund marine business expansion Abraaj Group, the private-equity firm...

Roger Brown: CEO designate for Seplat’s next phase growth ambition

Seplat Petroleum Development Company Plc recently announced that her pioneer Managing Director and later CEO, Austin Avuru will be retiring in July 2020...

Savannah Petroleum completes Seven Energy deal in Nigeria

LAGOS, Nov 15 - Savannah Petroleum has concluded its purchase of Nigerian oil and gas company Seven Energy International, it said in a...

The Big Read

Africa-focused financial technology startups are, by far, the tech rave of the moment. In each of the last three years, startups in the sector have received more investment than other sectors – and there’s a basis for this. Across the continent, fintech isn’t so much disrupting traditional financial services as building up a historically underdeveloped industry. By creating a raft...
When John Legere Leaves, Say Goodbye to the Old T-Mobile Buying Sprint — the departing CEO's last act — flies in the face of his legacy of fostering low prices and innovation. By Tara Lachapelle I’m not sure which is the bigger question: What is T-Mobile US Inc. without John Legend. “I own no other clothing,” Legere joked during a conference call...

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Notes from Kogi/Bayelsa Polls

By Olusegun Adeniyi, Email: olusegun.adeniyi@thisdaylive.com What do you think will happen in Bayelsa and Kogi States this coming Saturday? The question was posed to me last...

Of Taxation, FIRS, Fowler and Other Matters

REUBEN ABATI W hen, in October, President Muhammadu Buhari presented to the National Assembly the Appropriation Bill for 2020, he submitted along with the budget...

Alex Ekwueme’s Dream for Nigeria will Never Die

BY NNIA NWODO Today is exactly two years since the cold hands of death took our former Vice President, erudite, incorruptible, unassuming and astute Dr....

GLOBAL ENTREPRENUERS

Alibaba founder Jack Ma has topped the Forbes China Rich List for the second year running with his fortune rising to $38.2 billion from $34.6 billion in 2018. More than half of those who made the list saw their wealth rise in the past year, while a quarter saw their fortunes decline, Forbes said Jack Ma, the...
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