LATEST NEWS

50 persons escape death as popular hotel collapses

50 persons escape death as popular hotel collapses
ADVERTISEMENT No fewer than 40 persons have escaped death at a hotel popularly known as Metro View...

TRENDING

Forte Oil
Oil marketing major, Forte Oil Plc, has disclosed that it planned to sell its upstream services and power businesses in Nigeria and divest from Ghana to focus on its core fuel distribution operation at home. The move has struck market watchers as a surprise following an earlier declaration by the
Read More
NAHCo
Shareholders of Nigerian Aviation Handling Company Plc (NAHCo) have cause to smile as the Board of Directors has recommended a dividend payment of N406 million for the year ended December 31, 2017. The dividend, which translates to 25 kobo per share, is expected to be approved by shareholders at the
Read More
SMEDAN, NCRI empower Kebbi youths, women to boost small businesses, agric
SMEDAN, NCRI empower Kebbi youths, women to boost small businesses, agric, Over 80 youths in Kebbi State have been empowered to boost their small scales entrepreneurship by the Small and Medium Enterprises Development Agency of Nigeria (SIMEDAN). Speaking to newsmen in Birnin Kebbi, while presenting support to the beneficiaries at
Read More
Chairman, FBN Holdings Plc, Dr. Oba Otudeko
FBNInsurance has released its financial report for the year ended December 31, 2017, as approved by the National Insurance Commission (NAICOM). The company’s Profit Before Tax (PBT) grew by 37 per cent from N3.11 billion in 2016 to N4.26 billion in 2017, while the gross premium written grew from N9.9
Read More
Controversy trails resumption, re-suspension of trading on Oando shares
Shareholders and market watchers were yesterday thrown into a state of confusion as trading on Oando shares which had resumed the same day was stopped abruptly. The Security and Exchange Commission (SEC) had on Tuesday communicated the Nigerian Stock Exchange that it could lift the technical suspension on trading of
Read More
Petrol, kerosene, cooking gas prices in March – NBS
The prices of kerosene and cooking gas plunged in March, two reports released yesterday by the National Bureau of Statistics (NBS) have shown. The report showed that average price per litre paid by consumers for National Household Kerosene decreased by -6.79 per cent month-on-month and -13.66 per cent year-on-year to
Read More
Cristiano Ronaldo sends Real Madrid to Champions League semi-finals
Cristiano Ronaldo’s injury-time penalty put holders Real Madrid through to the Champions League semi-finals after holding off a stunning Juventus comeback. Ronaldo’s coolly-taken 97th-minute penalty into the top corner came after Medhi Benatia brought down Lucas Vazquez in the box. READ MORE: Atletico confirm Carrasco, Gaitan departures to China Juve goalkeeper
Read More
9mobile Nigeria
The Nigerian Communications Commission (NCC) has said that Teleology Holdings Limited is on course to take over 9mobile Nigeria provided the company is able to pay $450 million within the next 90 days. NCC’s Executive Vice Chairman Prof Umar Garba Danbatta disclosed this yesterday in an interview with journalists after
Read More
FIRS , EFCC, VAIDS Nigeria
The Federal Inland Revenue Service (FIRS) and the Economic and Financial Crimes Commission (EFCC) have agreed their to track both individuals and organisations who refuse to pay the right taxes. The partnership will beam searchlights on defaulting taxpayers who also refused to rely on the Federal Government’s tax amnesty programme:
Read More
How businesses can survive economic downturn
Nigeria public debt: The Nigeria’s total public debt as at end of 2017, stood at N21.725 trillion, while the composition of the Debt Stock at the same period showed that External Debt was 26.64 per cent of the portfolio, up from 20.04 per cent in 2016, data obtained from the
Read More
Dangote Group revenue
Dangote Cement Plc. has unveiled plans to raise N300 billion ($833m) in bonds to fund expansion of its operations across the continent. Brian Egan, its chief financial officer (CFO), disclosed this during an investor conference call, according to Bloomberg reports The debt instrument would be issued in tranches of N50
Read More
Nigerian Stock Exchange
Nigeria bourse proposes amendments to rulebook on SPVs, calls for comments, The Nigeria Stock Exchange (NSE) is proposing additions to its rulebook of the listing of securities issued by special purpose vehicles (SPVs). The NSE said that though it currently has two SPVs listed on its Daily Official List, there
Read More
Firm lifts local content in maritime, energy
Firm lifts local content in maritime, energy, An indigenous logistics firm, Fortune Global Shipping and Logistics Limited, has unveiled plans to showcase its strength in the global market. Its Managing Director and Chief Executive Officer, Mr Eric Opah, said the company had taken advantage of local content development policy to
Read More
CBN Forex Market
The Central Bank of Nigeria (CBN) yesterday injected $210 million into the inter-bank foreign exchange market. The fund is in line with the regulator’s determination to sustain liquidity in the market, and ensure forex availability to meet customers’ needs at various segments of the market. According to the figures obtained
Read More
JAMB STUDENTS AND UTME EXAMNATION
The Obafemi Awolowo University ICT (OAU ICT) Knowledge Park (OAK-Park), African Centre of Excellence (ACE), Ife, Nigeria was designed to address the dearth of information communication technology (ICT) personnel in the country, the Vice Chancellor, Prof Eyitope Ogunbodede, has said. Speaking with The Nation on the sideline of a one-day
Read More
Constitution Review: Saraki Lauds Passage of Amendments by 25 State Assemblies
The House Committee on Maritime Safety, Education and Administration has received more than 6,000 petitions from the Maritime Academy of Nigeria (MAN), Oron, Akwa Ibom State. Besides, the Committee has issued a 30-day ultimatum to contractors handling projects at the academy to return to site. During its oversight visit to
Read More
Fuel import costs $15b yearly
Fuel import costs $15b yearly, Nigeria is spending about $15billion yearly on fuel importation, the Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru, has said. A statement titled: Green Field Refinery Initiative yesterday quoted Baru as saying the country spends between $12billion to $15billion yearly to reduce
Read More
FG to hike tariff on alcohol, tobacco today
Something that happened two Fridays ago, precisely March 9th , completely changed our lead story for this week. There are stories that can wait but some can not really wait. This one cannot, because of the life-saving message which must be passed on. On the said date, as we sat
Read More
Nigerian Stock Exchange
How businesses can survive economic downturn? Most businesses experiencing the adverse effect of economic downturn need to wait for this: literally wake up and smell the coffee! That is the candid advise of Mr. Victor Eburajolo, who leads the Kewalram-Chanrai Group, the over 100 years old conglomerate with diverse interest
Read More
Equities Market Opens on Negative Note as Bears Return
Equities Market Opens on Negative Note as Bears Return, The equities market started the week on a negative note no Monday as the bears returned after three days of gains. After seven-days of bearish trend, the bulls had returned last Wednesday and remained in control for the rest of the
Read More

STAY CONNECTED

36FansLike
2FollowersFollow
3FollowersFollow
26FollowersFollow

MOST READ