The Federal Government announced that it has launched a committee that will implement policies for effective and efficient management of illegally refined products recovered from dug-up pits found around the creeks of the Niger Delta. This was disclosed by the…
Oil prices rose for a fifth straight day on Monday with Brent heading for $80 amid supply concerns as parts of the world sees demand pick up with the easing of pandemic conditions. Brent crude was up $1.14 or 1.5…
Eko Electricity Distribution Company (EKEDC) has appealed to customers and the public to join in the fight against vandalism of its electrical installations. The DisCo made the appeal in a statement issued by its General Manager, Corporate Communications, Mr Godwin…
By Kayode Tokede The equities market of the Nigerian Exchange Limited (NGX) on Monday closed transactions on a negative sentiment to halt the bullish sentiment of two consecutive trading sessions, as the market receded by 0.25 per cent. The downturn…
By Kayode Tokede Guinness Nigeria Plc has declared a final dividend of N0.46k per 50 kobo ordinary share, which amounts to N1.01 billion for the financial period ended June 30, 2021. This is according to a notice signed by the…
By Kayode Tokede Access Bank Plc, a leading full service Nigerian commercial bank with presence in 11 African countries, has announced plans to issue additional 5-Year USD denominated Tier 1 Eurobond, in furtherance of its Global Medium-Term Note Issuance Programme.…
By Kayode Tokede Dangote Cement Plc, has notified shareholders and the investing public of its forthcoming Board of Directors meeting scheduled to hold on October 28, 2021. This is according to a notice signed by the company’s secretary, Edward Imoedemhe,…
The website of Nigeria’s digital currency, eNaira, went live on Monday. This is coming days to its official launch on October 1 as earlier disclosed by the Central Bank of Nigeria governor, Godwin Emefiele. The site, on its welcome note,…
By Blessing Wika, Abuja The Honourable Minister of Works and Housing, Mr Babatunde Raji Fashola, SAN, has directed the contractor handling the construction of Lambata-Lapai-Bida Road to immediately embark on remedial works with boulders on the critical section of the…
The African Development Bank (AfDB) has said that Nigeria, Egypt, Kenya and South Africa account for about a third of the incubators and accelerators and 80per cent of investments in Africa. This is according to the new report titled, ‘Entrepreneurship…
