News

With a record level of fuel flexibility at its Ewekoro I and Sagamu plants, the turnaround plan of Lafarge Africa Plc is yielding results. The cement manufacturer and building solutions provider announced in statement yesterday that its plants not only operate optimally but the company recorded a significant leap in profit after tax in the last quarter of 2016 On …

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Many women have been conditioned to believe that sex must be initiated by the man. Well, men are saying that’s not always true and that they actually feel immensely grateful when their partners initiate sex, because it makes them feel wanted and loved! So, how do you initiate sex with your partner? Try these ways… • Be demanding. Grab your …

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The Chairman, Tony Elumelu Foundation, Mr Tony Elumelu, on Wednesday unveiled 1,000 beneficiaries of the Tony Elumelu’s Entrepreneurs from various African countries. Elumelu said at the event that the fastest way to develop the African continent was by empowering the youths to become entrepreneurs. He said that Africa would develop faster if governments, individuals, and organisations invested in establishing the …

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The farmers’ resolve to use organic waste, gathered from refuse dumps, for their farming has resulted in a cleaner environment. Malam Ibrahim Mohammed, a Zaria-based farmer, said that the practice had also reduced the burden of routine refuse evacuation on the government. He recalled that in the past, the state and local governments used to engage contractors to clear or …

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Global rating agency Fitch, on Wednesday, said that Nigerian banks will face more challenges this year even after the difficulties of 2016. Fitch made this known in its Peer Review reports, where it said the outlook for 2017 wasn’t much brighter than 2016. According to the organisation, Nigerian banks struggled with declining operating profitability (excluding translation gains), sluggish credit growth, …

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Folake Sokoya Network on Police Reform in Nigeria NOPRIN, has petitioned the Divisional Police Officer, DPO, Imota police division over a complaint from one Mr. Felix Nwafor Okechukwu of no. 3, Okenwa Street, off Powerline, Ikorodu concerning alleged acts of fraud committed against him by one Deborah Akinnuyi of No. 4, Love Street, Adamo Ikorodu, Lagos State. Mr. Okechukwu, alleged that Mrs. Deborah …

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Tayo Olanipekun Lagos State Governor, Mr. Akinwunmi Ambode, on Wednesday, assured that his administration will complete the ongoing construction of Ajah Flyover by the end of May this year, just as he revealed the plans of government to remove three more roundabouts in the Lekki-Ajah corridor to ease vehicular movement. Governor Ambode, who spoke at Lagos House in Ikeja when …

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Folake sokoya Commissioner of police Lagos state command, Mr. Fatai Owoseni, has reiterated that the command will continue to abide by the creed of the Nigeria Police Force as set out by the Inspector General of Police. He stated this while briefing newsmen on the activities of the command yesterday at the police headquarters, Ikeja. According to him, a case …

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Shareholders of Zenith Bank Plc on Wednesday approved the board of directors’ request to step down their plan to raise fresh capital for the bank businesses. Speaking at the bank 26th Annual General Meeting (AGM) in Lagos, chairman of the bank Jim Ovia said the bank decided to suspend the idea because they believe the time is not right for …

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The senate has approved the request of the federal government to borrow $500 million out of the $1 billion Eurobond from the International Capital Market (ICM). The senate approved of the request after putting it to a voice vote at the committee of the whole on Wednesday. On February 22, Vice-President Yemi Osinbajo, then acting president, wrote to the national …

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