News

World Book Day: Heritage Bank Promotes Reading Culture in Schools

In its continuous drive to remain at the forefront of engendering educational learning amongst young Nigerians, Heritage Bank Plc joined in celebrating the “World Book Day” by means of implementing one of its literacy initiatives and donation of books to schools. The bank has decided to lend its support to the biggest celebration of its kind, designated by UNESCO as …

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Economy: NBS 2016 4Th Quarter Report Shows Sign of Recovery

The National Bureau of Statistics (NBS) on Tuesday released the 2016 4th Quarter Gross Domestic Product (GDP) Report which shows a significant improvement in the country’s economic fundamentals and promising signs that things are beginning to turn for the better. Although the numbers are still negative, indicators in the critical sectors show some encouraging improvements compared to those of the …

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National Stadium A National Disaster- Dalung

TAYO OLANIPEKUN   Minister of Youth and Sports, Solomon Dalung, has lamented the dilapidated condition of the National Stadium situated in Surulere, Lagos.   The Minister, who, on Wednesday embarked on an inspection tour of the facility alongside Lagos State Governor, Akinwunmi Ambode; Nigeria Football Federation President, Amaju Pinnick, and other top government functionaries, lamented the state of the stadium, …

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Dangote Foundation spends N200m to rehabilitate Kano Specialist Hospital

To complement its N7 billion Surgical and Diagnostic Centre (SDC) currently under construction, the Dangote Foundation has concluded the renovations of some sections of the Murtala Muhammed Specialists’ Hospital, Kano which gulped over N200 million. The 900 bed capacity hospital, reputed for highest number of in-patients in sub-Saharan Africa has been lacking facilities that may detract from the new SDC …

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EFCC, Court Order Heritage Bank To Freeze Geonel Integrated Services Accounts …as bank debunk’s insolvency claim

FRIDAY EKEOBA Heritage Bank Plc has said that its attention has been drawn to a report making the round that it should short-down operations owning to inability to meet its financial obligation to customers. The bank said that the allegation is not true as the Geonel Integrated Services Limited’s account, the company that made the alleged false claims, is currently …

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U.S to restrict entry to semi-skilled migrants

Trump

Tayo Olanipekun The United States of America will soon adopt an immigration system that favours only individuals with higher skills, to replace the current system it says is now “outdated and depresses wages as it benefits only the migrants with lower skills.” President Donald Trump said the country would adopt the merit-based immigration system the way Canada, New Zealand and …

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NCPC Seeks Stronger Partnership With Isreal On Agriculture

The Executive Secretary of the Nigeria Christian Pilgrim Commission (NCPC), Rev. Tor Uja, has said that the Commission is ready to partner with Israel to improve agriculture and reduce agricultural wastes in the country. He made this statement in his office in Abuja recently while playing host to the Israeli Ambassador to Nigeria, H.E Guy Feldman. The NCPC boss affirmed …

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FG To List $1 Bn Eurobond On NSE

FRIDAY EKEOBA The Federal Government will tomorrow (Thursday) list its $1 billion Eurobond issued under the domestic economy newly established Global Medium Term Note programme on the floor of the Nigerian Stock Exchange (NSE). The15-year domestic Sovereign Eurobond priced at par and at a coupon of 7.875% per annum is the first foreign currency denominated security to be listed and …

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Lagos Set To Take Over National Stadium, Says Ambode

Tayo Olanipekun The Lagos State Government has said it would  take over the 38,000 capacity National Stadium in Surulere, with the intention of turning it into a world class facility. This is to also further promote sporting activities and encourage family bonding in the state by embarking on a total turnaround of the massive edifice. Governor Akinwumi Ambode, who stated …

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