Danfo:We’ll kick-start bus reform initiative with N30bn-Ambode
*Says Govt’ll Float N100bn Bond To Drive Implementation Lagos Sate Governor, Mr. Akinwunmi Ambode at the weekend said that the proposed Bus Reform Initiative aimed at giving Lagosians an...
View ArticleForex: CBN set to inject more dollar
There are strong indications that the Central Bank of Nigeria (CBN) is unrelenting in its move to ensure liquidity in the interbank FOREX market, as it will inject more foreign exchange into market...
View ArticleObasanjo, Yar’Adua, Jonathan endorsed Malabu Oil agreement, says Adoke in...
Mr. Abubakar Malami, SAN Honourable Attorney General of the Federation And Minister of Justice, Federal Ministry of Justice, Shehu Shagari Way, Abuja. RE: SETTLEMENT OF DISPUTE OVER...
View ArticleGhost Workers: Finance Minister urges CBN to extend BVN to MFBs
The Minister of Finance, Mrs. Kemi Adeosun, has strongly solicited the cooperation of the Central Bank of Nigeria (CBN), in extending the requirement for Bank Verification Number (BVN) to account...
View ArticleAbu Dhabi’s Etisalat wants Nigerian debt deal before sells stake -sources
Abu Dhabi Telecoms Group Etisalat may sell its stake in Etisalat Nigeria, which has defaulted on a $1.2 billion loan, but wants the company’s debt restructured before it does so, two sources told...
View ArticleNigeria offers new retail savings bond with 13.01% coupon
The Debt Management Office (DMO) on Monday opened bidding for a new two-year savings bond targeted at retail investors and carrying a coupon of 13.01 percent. DMO said the savings bond will help...
View ArticleLagos to aquire 5,000 airconditioned buses, float N100b transport...
Inline with its three-year Bus Reform Initiative, the Lagos State Government is to introduce over 5000 air-conditioned buses to replace the yellow commercial buses, popularly called Danfo. Under the...
View ArticleFayose to Buhari: Release Kanu, Dasuki, others unconditionally
Governor Ayo Fayose of Ekiti State has tasked President Muhammadu Buhari to grant unconditional pardon and release to the leader of the Indigenous People of Biafra (IPOB), Nnamdi Kanu, and other...
View Article“Lights, Power, Action”: AfDB’s Adesina and Kofi Annan urge governments to...
The Chair of the Africa Progress Panel and former UN Secretary-General, Kofi Annan, and the President of the African Development Bank, Akinwumi Adesina, have called on African governments and their...
View ArticleNSE, EY, GRI set to Hold Sustainability Seminar
GRI in conjunction with The Nigerian Stock Exchange (NSE) and Ernst & Young (EY) will host a seminar themed ‘Sustainability and Corporate Governance: Building Long Term Value’ on Thursday, March...
View ArticleTanzania gives coal mining licence to Dangote after president’s order
TANZANIA has awarded a coal mining licence to the local unit of Nigeria’s Dangote Cement as part of plans to lower the company’s production costs and ease disruptions caused by energy shortages. The...
View ArticleNSE X-Gen News Alert – Continental Reinsurance Plc
Company Name: Continental Reinsurance Plc (www.Continental-Re.com) Company Symbol: Continsure [Continsure]>> Company Reports Market Summary Continental Reinsurance Plc Audited Financial...
View ArticleInsurer advocates N100bn capital base for industry
Aig-Imoukhuede, The Chairman of Wapic Insurance Plc, Mr. AigbojeAig-Imoukhuede, has called for increase in the capital base of insurance companies in the country to N100 billion. Aig-Imoukhuede, who...
View ArticleLagos needs N60bn to revamp public schools-Ambode
*Says N10bn Already Spent On Rehabilitation Lagos State Governor, Mr. Akinwunmi Ambode has said that his administration would require about N60billion to give public schools in the State a...
View ArticleAero disengages 60% of workers
Up to 60 percent of workers of the distressed airline Aero may have been laid off following dwindling operations by the airline which is the oldest in the country. Findings show workers, more than...
View ArticleBanks in stand-off with Etisalat Nigeria over problem loan
Nigerian banks have opposed a proposal by Etisalat Nigeria to convert part of a $1.2 billion loan from dollars into naira and want Abu Dhabi telecoms group Etisalat and its other shareholders to...
View ArticleOld Mutual to list R110bn firm
Trevor Manuel The South African-based emerging markets business Old Mutual will list on the JSE in 2018 as part of its managed separation could ultimately be worth R100bn to R110bn, making it smaller...
View ArticleSERAP Questions The Constitutionality Of Senate’s Action On Magu
The Socio-Economic Rights and Accountability Project (SERAP) has questioned the “constitutional validity of the nomination and confirmation processes leading to the rejection for the second time of...
View ArticleGovernors Commend FG’s Social Investment Programmes, Say it Enhances National...
*NEC to hold Special Meeting soon on National Security Concerns After a briefing by the National Security Adviser to the President, Major-General Babagana Monguno, members of the National Economic...
View ArticleAmosun, Obasanjo Commend Nigerian Breweries on Backward Integration
L-R: Chief Kola Jamodu, Chairman, Nigerian Breweries; Senator Ibikunle Amosun, Executive Governor, Ogun State and Chief Abraham Akanle, representative of former President Olusegun Obasanjo at the...
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