Jacob Ogodo, Abakaliki Ebonyi state governor, Chief David Umahi said he would not use government funds to run the party Secretariat and pay the officials salaries rather the party will source for funds from private source for that purpose. Governor…
By Kayode Tokede Trading on the Nigerian Stock Exchange (NSE) returned to bearish posture on Thursday with investors losing N25.4 billion following profit taking in Dangote Cement and Axa Mansard. Specifically, the market capitalisation dropped N25.41 billion or 0.12 per…
By Kayode Tokede Lafarge Africa Plc, a cement manufacturer headquartered in Lagos and majorly controlled by LafargeHolcim has notified the Nigerian Stock Exchange (NSE) of its decision to divest its 35per cent shareholding in Continental Blue Investment Ghana Limited (CBI…
By Kayode Tokede Flour Mills of Nigeria (FMN) Plc on Thursday expressed commitment to explore diversified funding sources from the capital market for enhanced growth and development. FMN Group Managing Director, Mr Omoboyede Olusanya, said this at the listing of…
By Kayode Tokede Morison Indus tries Plc has notified the Nigerian Stock Exchange (NSE), stakeholders and the investing public of the appointment of Mr Adesoji Oladeja, as the new Managing Director, effective Jan. 4. The company made the announcement in…
The Nigerian Association for the Blind on Thursday called for the abolition of discriminatory policies in the employment of Persons with Disabilities (PWD’s). The association made the plea in a communique signed by Ms Oluwakemi Odusanya, its Administrative Officer, and…
The National Directorate of Employment (NDE) has engaged 260 unemployed youths in Nasarawa State under its Basic National Open Apprenticeship Scheme (B-NOAS) to make them self reliant. The state Acting Coordinator of NDE, Mr Rotgak Go’ar, disclosed this during the…
…Receives Ministry’s New Perm Sec The third generation (3G) and fourth generation (4G) base transceiver stations (BTS) deployment in Nigeria has increased from 30,000 to 53,460 while Fibre Optic Transmission cables expanded from 47,000km to 54,725km in the last five…
The federal government repeated recourse to its Ways and Means facility (WMF) with the central bank (CBN) highlights weaknesses in public finance management, says Fitch Ratings. Sustained use of direct monetary financing could raise risks to macroeconomic stability – given…
The President, African Development Bank (AfDB), Akinwumi Adesina, has said that Africa remains fertile ground for investment, but much hinged on the continent’s ability to boost its healthcare sector. Adesina spoke on Wednesday at the Africa Investment Conference, a virtual…
