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Sunday, September 20, 2020

Pan Ocean stands tall amidst rumoured crisis

Pan Ocean Oil Corporation (Nigeria) Limited is a major player in the oil and gas industry. The company’s chairman, Dr. Festus Fadeyi is a veteran in the industry and is recognized for a number of firsts in the industry, one of which is the...

Covid-19: Schneider Electric begins distribution of 13,000 Meals to Underprivileged Children, Widows across Nigeria

Energy management giant, Schneider Electric, has begun distribution of 13,000 meals to underprivileged children and widows across the country with a kick off in Amuwo- Odofin community in Lagos State. Along with the meals, Schneider Electric also distributed sanitary materials and medical supplies to pregnant women, nursing mothers,...

Police to arrest people with prohibited firearms in Benue State

By Emmanuel Antswen Makurdi, Aug. 17, 2020 The Police Command in Benue on Monday said it would arrest all persons in possession of prohibited firearms in the state. This is contained in a statement signed by the Public Relations Officer of the command, DSP Catherine Anene,...

FGN Bond Yields Moved in Mixed Directions; Investors Scramble for Longer Maturities…

In the just concluded week, the values of FGN bonds traded at the over-the-counter (OTC) segment moved in mixed directions across maturities tracked. Specifically, the 5-year, 14.50% FGN JUL 2021 bond and the 7-year, 13.53% FGN MAR 2025 note moderated by N0.57 and N2.35 respectively,...

Borno state Govt. to resettle 1.8m IDPs in 23 LGAs — Commissioner in Resettlement

By Hamza Suleiman Maiduguri, Aug. 15, 2020 The Borno Government is to return and resettled about 1.8 million persons displaced by insurgency in 23 local government areas in the state. Mustapha Gubio, Commissioner for Rehabilitation, Reconstruction and Resettlement, made this known on Sunday in an...

Will Smith, Jay-Z, Charles Schwab-Funded Ethereum Start-Up Targets IPO

Alchemy tools used by 70% of the top applications on Ethereum App available to anyone building smart contract-based projects Will Smith, Jay-Z, Charles Schwab-Funded Ethereum blockchain startup Alchemy, which powers 70% of the top applications on Ethereum, is stepping into the public eye as it opens...

Cleric tasks worshipers on COVID-19 guidelines as church services resume

By Millicent Ifeayichukwu Lagos, Aug. 9, 2020 Rev. Canon Michael Olurundare of St Luke’s Anglican Church, Alagbado, Lagos, has advised worshipers to give priority to government’s precautionary measures against spread of the Coronavirus (COVID-19). Olurundare said this as normal church services commenced on Sunday...

Naira Strengthens Against US Dollar at I&E FX Window…

In the just concluded week, Naira appreciated further against the USD at the Investors and Exporters FX Window (I&E FXW) by 0.83% to close at N386.00/USD. However, NGN/USD exchange rate rose further (i.e Naira depreciated further) by 0.43% to close at N470.00/USD, at the Bureau De...

UEL: Lukaku, Eriksen take Inter Milan past Getafe into last eight

Gelsenkirchen (Germany), Aug. 5, 2020 Romelu Lukaku and Christian Eriksen were on target as Inter Milan moved into the last eight of the Europa League with a 2-0 win, over Getafe on Wednesday. The single-match, neutral-venue tie, played at the Veltins-Arena, was rearranged after...

NIRSAL empowers 475 female cassava farmers, 2,872 farmers in south south

By Cecilia Ijuo Abuja, Aug. 5, 2020 The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL Plc), has empowered 475 female farmers in Uyo, Akwa Ibom, for cassava production for the 2020 wet season farming. NIRSAL Head of Corporate Communications, Anne Ihugba, who...
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