Africa’s largest cement producer, Dangote Cement Plc has remained a major contributor to the economy with a tax charge of N97 billion for the financial year ended 31st December 2020, even as it proposed a dividend of N16 per share.…
By Kayode Tokede Following the release of its remarkable audited financial results for 2020, foremost Pan-African financial services conglomerate, United Capital Plc, held its Annual General Meeting on Tuesday, March 23, 2021 at Lagoon Restaurant, Victoria Island, Lagos. At the…
The Nigerian National Petroleum Corporation (NNPC) said on Monday that the $1.5 billion approved for the Port Harcourt refinery was for complete rehabilitation and not turnaround maintenance. The Group Managing Director (GMD), NNPC, Mele Kyari, said this in Abuja on…
President Muhammadu Buhari has approved the release of funds for the payment of itinerant workers engaged under the Special Public Works Programme. Minister of State for Labour and Employment, Festus Keyamo, SAN, stated this in a tweet via his official…
By Ayo Fadimu The All Progressives Congress (APC) Caretaker and Extra-ordinary Convention Planning Committee (CECPC) has approved the constitution of a 61-member Contact and Strategy Committee for the party. This is contained in a statement by Sen. John Akpanudoehede, National…
Ondo State Governor, Oluwarotimi Akeredolu, has warned Chief Sunday Igboho and others agitating for a sovereign Yoruba State to stay away from the state. Akeredolu said Ondo people have elected to stay in the Federal Republic of Nigeria as constituted…
The Department of Petroleum Resources ( DPR) has denied merger of bidders for the 57 marginal fields placed on offer during the Marginal fields bid round launched in June 2020. This is contrary to letters of awards being circulated by…
Abimbola Abatta, Osogbo An Ile-Ife Magistrates’ Court has remanded two persons, Omotayo Damilola, 24 and Lekan Aderibigbe, 25 for allegedly assaulting a police officer while performing his lawful duty. The duo allegedly committed the offence on March 21, 2021 around 9:00 am at Oniyangi…
…As Money Bags allegedly hijack the processes …Minister to address contending issues Wednesday — DPR Controversy over transparency of the marginal fields 2020 bid round processes has worsened the confidence of participants following alleged hijack by money bags determined to…
The National Agency for Food and Drug Administration and Control has advised Nigerians to ensure the Astrazeneca vaccine being administered on them had the original label. The agency said the warning was imperative to ensure people did not risk being…
