News

Story by Folake Sokoya There was a mild drama at the Ogun State High Court 5 before Justice Akinyemi on Wednesday as the Senator representing Ogun East Senatorial district, Sen. Buruji Kashamu claimed before the judge that he spent only two years to graduate from primary school. Senator Kashamu had during cross examination in a libel suit AB/297/2016 which he …

Read More »

  Despite the drag in its performance, Guinness Nigeria Plc has assured investors that of a better-days ahead despite the current challenges that is facing the industry. Mr Peter Ndegwa Managing Director of the company disclosed this on Thursday in a statement made available to https://nationalwire.com.ng in Lagos. Ndegwa who was commenting on the company’s unaudited half year financial statement …

Read More »

  Story by Dayo Emmanuel Three finalists have been named for the 3rd edition of the Journalists For Christ (JFC) Innovative Young Journalist Award. The finalists are Esther Onyinyechi Mark, Content Development Editor, Edufrica and Scholars Hub Africa, Tayo Elegbede, multimedia journalist with TheNewsGuru.com and Ebenezar Wikina, Digital Communications/Research Officer at the Rivers State Government Sustainable Development Goals Office (RSSDGs). …

Read More »

The Federal Mortgage Bank of Nigeria (FMBN) says it has sought for legislative intervention for the upward review of its capital base to N500 billion as endorsed by the National Council on Housing to enable it meet its mandate and adequately provide the needed housing funds for Nigerians. Ag. MD/CEO FMBN, Mr. Richard Esin, who revealed this at a 3-day staff …

Read More »

[Left] Out-going Country Director (Nigeria), African Development Bank, Dr Ousmane Dore and President, Lagos Chamber of Commerce and Industry, LCCI, Chief Dr Mrs Nike Akande, during the Courtesy Visit of the Country Director to the LCCI on Wednesday at the Commerce House.

Read More »

An operator of the Lagos State Bus Rapid Transit (BRT) scheme, Primero Transport Services, has announced plans to increase its fares on all routes in February. The company’s Managing Director, Mr Fola Tinubu, made the disclosure in an interview in Ikorodu on Thursday. Tinubu said that the increase was as result of its increasing operational cost. The company has maintained …

Read More »

The Director –General of the Securities and Exchange Commission (SEC), Mounir Gwarzo has restated the commission’s resolve to promote the development of Commodity Exchanges in the country. Speaking when he received the New Exco of the Association of Stockbroking Houses of Nigeria(ASHON)  on  a courtesy call at the commission on recently, the Director General said the commission was willing to …

Read More »

The Nigerian Stock Exchange (NSE) has listed the Stanbic IBTC Asset Management Limited (SIAML) Pension ETF 40 as one of the Exchange Traded Fund that will be traded on the NSE floor. A total of 10,000,000 units of N100 each at par in SIAML Pension ETF 40 was listed. According to the promoter investors can only buy a minimum of …

Read More »

Citing the need to cut debt and make its biggest overseas acquisition profitable, India’s largest mobile-phone operator, Bharti Airtel Ltd. is considering mergers or stake sales at some of its Africa operations. The Chairman, Sunil Bharti Mittal, who stated this in an interview with Bloomberg, at the World Economic Forum in Davos, Switzerland, said some of the firm’s businesses in …

Read More »

As part of its Green Energy Project, the Bank of Industry at the weekend in Lagos launched its 1 billion naira solar energy fund to boost its off-grid electricity generation project. The fund would be made available to firms partnering with the bank in the development of solar energy services across the country. Addressing stakeholders at the event, acting managing …

Read More »