By Kayode Tokede The African Development Bank (AfDB), through its Youth Entrepreneurship and Innovation Multi-Donor Trust Fund, has provided more than 7.3 million dollars for youth empowerment. According to a statement from the bank on Tuesday, the fund provides project…
By Kayode Tokede LivingTrust Mortgage Bank Plc has announced that it will offer 750 million ordinary shares to the public to address its free float deficiency in compliance with the rules of the Nigerian Exchange Limited. The free float means…
The Nigerian Electricity Management Services Agency (NEMSA) says it will soon increase the number of meter testing centres in the country from four to six. NEMSA Managing Director/Chief Executive Officer, Peter Ewesor, an Engineer, said this on Tuesday in an…
The Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM), has said the increment in the price of Liquefied Petroleum Gas (LPG), also known as cooking gas is worrisome. NALPGAM’s President, Mr Nosa Ogieva-Okunbor, made this known while speaking at the…
BEDC Electricity Plc (BEDC) has said it inaugurated several projects to improve power availability to customers in its franchise despite the disruption caused by the COVID-19 pandemic. The company also said it has metered about 40,000 customers under the National…
Rounds over recent reports of surrendering turn of Boko-Haram/Islamic State West Africa Province (ISWAP) terrorists have been taking a toll at a dimension which calls for deep thoughts. It is rational enough that depth of thoughts be given to the…
By Kayode Tokede Transaction on the equities market of the Nigerian Exchange Limited (NGX) on Wednesday closed negative with 0.03 per cent declined, reversing the rally recorded in the previous trading session. The bearish performance was buoyed by investors’ profit-taking…
By Kayode Tokede The management of Stanbic IBTC Holdings Plc has explained the delay in the release of its half year audited result for the period ended July 31. The Company Secretary, Stanbic IBTC Holdings, Mr. Chidi Okezie said this…
By Kayode Tokede Eterna Plc on the Nigerian Exchange Limited (NGX) on Wednesday announced that Preline Limited has acquired 60.98 per cent stake. The Company Secretary/ Legal adviser, Eterna, Bunmi Agagu in a statement on the NGX said, “We refer…
By Kayode Tokede The Nigerian Exchange (NGX) Ltd. has announced that the 2021 edition of its annual Factbook (X-FactBook) would be released on Aug. 26 in digital-only version after 41 years in print. The Chief Executive Officer, NGX, Mr Temi…
