By Kayode Tokede The Nigerian Stock Exchange (NSE) resumed trading in 2021 on a bullish trend with the market capitalisation gaining N459billion as investors continued to position ahead of full year results and dividend declaration. Specifically, the market capitalisation, which…
By Kayode Tokede BUA Cement Plc has announced that it has successfully concluded its N115billion Series 1 Fixed Rate Senior Unsecured Bond Issue (Bond) under its maiden N200 billion Bond Issuance Programme. With this development, BUA Cement’s Series 1 Bond…
By Kayode Tokede Zenith Bank Plc has announced the demise of one of its Directors, Professor Oyewusi Ibidapo-Obe (OFR). The disclosure is contained in a press release issued by the financial institution to the Nigerian Stock Exchange on Monday. The…
…Praises pro-people mindset The Buhari Media Organisation (BMO) has described the social housing scheme of the Buhari administration as a reflection of the President’s life-long pro-masses and pro-people mindset. In a statement signed by its Chairman Niyi Akinsiju and Secretary…
Intels Nigeria Ltd., an oil and gas logistics company, on Monday said it had severed ties with former Vice President Atiku Abubakar, who was one of its major shareholders. The company said it severed ties with Abubakar and his family…
By Kayode Tokede Analysts at United Capital have projected 1.7 per cent to two per cent Gross Domestic Product (GDP) this year for Nigeria economy. They expressed that the growth is buoyed by increased economic activity and some improvements in…
The Chancellor, Gregory University, Uturu (GUU), Prof. Greg Ibe, has advised the Federal Government to give concessions and rebate to Small and Medium Enterprises (SMEs) as part of economic stimulus package. Ibe gave the advice when the leadership of Correspondents…
By Peace Busari After much yearning and clamour, the Federal Government of Nigeria’s N4billion COVID-19 palliatives to the airline subset of the aviation industry has arrived but not without intrigue as it seems some airlines may have received the said…
By Peace Busari A Boeing 777-300, registration G-STBE belonging to British Airways, performing flight BA-75 from Heathrow airport, London to Lagos, suffered multiple bird strikes on December 30, 2020. A bird strike is a collision between an airborne animal and…
By Peace Busari Chairman of Air Peace and Vice Chairman Airline Operators of Nigeria (AON), Mr Allen Onyema declared on Monday that palliatives offered by the government will not solve the problems local carriers are grappling with because the N4…
