Activities on the nation’s bourse closed in red on Tuesday with the market indices dropping by 0.22 per cent on investors profit taking in 18 stocks. Specifically, the All-Share Index which opened at 42,411.12 dipped 93.60 points or 0.22 per…
In commitment to its vision to deliver exceptional services in chosen markets and create value for stakeholders, PanAfrican Capital Holdings ‘PAC Holdings’ has set up a venture capital project, to be known as The Catalyst (www.TheCatalystAfrica.com), to identify and invest…
By Seun Ibiyemi Financial leading institutions in Nigeria have earned a sum of N88.9 billion from Account Maintenance charges in the 9-month period of 2021. This is according to data extracted from the quarterly financial statements of the twelve listed banks…
The African Development Bank (AfDB) has approved the sum of $210 million in loans for Nigeria to impact the lives of millions of people in Africa’s most populous country. This was disclosed by the bank via a statement made available…
By Seun Ibiyemi APM Terminals, Apapa, has invested USD438 million (about N180 billion) in acquisition of modern cargo handling equipment. The Manager, Mr Steen Knudsen, said in a statement in Lagos on Tuesday that the equipment was for seamless services.…
By Seun Ibiyemi Nigerian Ports Authority (NPA) says it is expecting 15 ships laden with petroleum products, food items and others from Dec. 14 to Dec. 29. The NPA made this known in its “Shipping Position” publication in Lagos on…
If the country really wants to recover the N4.4trillion outstanding debt burden currently shouldered on its behalf by Asset Management Corporation of Nigeria (AMCON), then the role of the judiciary in the execution of AMCON mandate, and also the financial…
…Denies Assembly being a rubber stamp to Executive …Lawan-led Assembly not serving Nigerians but Buhari — Fadaka …9th national assembly, worst in Nigeria’s history — Spokesman, Labour Party Uthman Salami, Abimbola Abatta, Joel Oladele and Bankole Taiwo Senate President, Ahmed…
…Board members, interim management assume office The new board Chairman of Abuja Electricity Distribution Company (AEDC) Mr Victor Osadolor has assured staff of welfare and job security. Addressing the staff earlier, the Chairman, Victor Osadolor reiterated: “I want to assure…
After 11 rounds of bidding that lasted eight hours, Mafab Communications Ltd and MTN Nigeria Plc, have emerged the two successful winners of the 3.5 gigahertz (GHz) spectrum auction for the deployment of Fifth Generation (5G) technology to support the…
