By Philemon Adedeji As the week opened yesterday, Nigerian equities reversed the three-day winning streak as the market capitalisation closed N30 billion lower. The All Share Index (ASI) decreased by 54.42 absolute points, representing a decline of 0.11 per cent…
The Debt Management Office (DMO) of Nigeria has released its FGN bond issuance calendar for the third quarter of 2022. This is contained in a document released by the DMO on its website. According to the press release, the issuance…
Guaranty Trust Holding Company Plc (GTCO) says it has posted Profit Before Tax of N103.2 billion for the period ended June 30. The bank stated this in its audited consolidated and separate financial statements to the Nigerian Exchange Group (NGX)…
In this interview with Bankole Taiwo, the Executive Secretary of Ogun State Security Trust Fund, Engr. Adeola Sosanwo, speaks on varied topical issues touching on governance under Governor Dapo Abiodun in the last three years insisting, among other things, that…
That the fate of Nigeria’s economy is still bleak with huge infrastructure deficit remains a lamentation. The question of the poor infrastructure profile may not be justifiably said to be largely a case of paucity of fund, but rather, largely…
By Seun Ibiyemi APM Terminals Apapa has set a new safety record at the port with 400 days no Lost Time Injury (LTI). No Lost Time Injury (LTI), a key indicator of the effectiveness of an organisation’s safety programme, means…
…Says waterways safer for commuting, business operations By Moses Adeniyi The Lagos State Ferry Services, (LAGFERRY) has said its waterways are now safer for commuting and business operations as alternative to road usage, disclosing it has introduced a system of…
By Barth Ndubuwah,Port Harcourt The Minister of Transportation,Muazu Jaji Sambo has said that the Federal Government of Nigeria through his Ministry will soon review the existing agreements between NPA and the Concessionaires, with a view to getting the best out…
The Ikeja Electricity Distribution Company (IKEDC) has embarked on infrastructure upgrade starting from September 6. The exercise will affect services in some areas in Alimosho Local Government Area and would be experiencing blackouts for ten days. The company said in…
The OPEC+ meeting on Monday endorsed a decision to cut the collective oil production target by 100,000 barrels per day (bpd) for October, despite Russia reportedly resisting such a move. In another super-short meeting today, the energy ministers of the…
