News

Okonjo-Iweala’s father bags Ghana’s highest honour

  The Obi of Ogwashiukwu and Trustee of the Nigerian Labour Congress, Professor Chukwuka Okonjo, has received the Ghanaian Civil National Award. The honuour conferred on the Obi on Saturday 29th October by the Government of Ghana, is the highest civil national award in the West African nation. The scholar was decorated with the award by the Ghanaian President, John Dramani …

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Court in Niger remands two Women in prison for allegedly dumping Day old Baby

Court in Niger remands two Women in prison for allegedly dumping Day old Baby ‎Olabode Adaramola ‎ ‎Court remands 2 women in prison for allegedly dumping day old baby A Minna Chief Magistrates’ Court has ordered the remand in prison custody of two women, Aisha Garba and Fatima Garba, for allegedly dumping a day old baby girl. The accused were …

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Sultan’s Ten years reign, a monumental success, says governor Sani Bello

Sultan’s Ten years reign, a monumental success, says governor Sani Bello Olabode Adaramola Niger state Governor, Alhaji Abubakar Sani Bello  has applaudede Sultan of Sokoto and President-General of the Nigeria Supreme Council for Islamic Affairs (NSCIA), His Eminence, Alhaji Sa’ad Abubakar III, for his significant contributions to the unity, peace, progress and development of the country in his first decade …

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Buhari congratulates Oluyinka Olutoye, US-based surgeon

President Muhammadu Buhari has congratulated Dr. Oluyinka Olutoye, the Nigerian medical doctor who operated on an unborn baby in the United States of America. Oluyinka Olutoye, a 1988 medical graduate of the University of Ife, Osun State successfully removed tumour from a baby in her mother’s womb, a feat which has brought honour to Nigeria. Senior Special Adviser to the …

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Q3: Diamond Bank Sustain low Earnings Performance …As Profit dips by N12bn

Q3: Diamond Bank Sustain low earnings performance …As Profit dips by N12bn Diamond Bank Plc, one of the tier two bank has sustained its low earnings performance as shown in its unaudited third quarter financial for the period ended September 30, 2016. Key highlight of the accounts shows that profit for the period went down by 78 percent from N15,967 …

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NSE Organises Capacity Building for Market Participants

NSE Organises Capacity Building for Market Participants The Nigerian Stock Exchange in partnership with the Exchange Traded Funds (ETFs) Issuers Vetiva Fund Managers Limited, Lotus Capital Limited and Stanbic IBTC Asset Management have concluded arrangement to organise its annual NSE Exchange Traded Funds Workshop on Monday. According to a statement from the NSE, the workshop is targeted at investor community, …

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Senate Rejects Buhari’s Plan to Borrow $30 billion

Senate rejects Buhari’s plan to borrow $30 billion The Senate on Tuesday rejected President Muhammadu Buhari’s plan to borrow $30 billion from external bodies for infrastructural development. The president had sent a request to the Senate recently seeking approval to borrow $30 billion to finance critical projects in the country. At its sitting on Tuesday in Abuja, Nigeria, the senators …

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Oando Eyes Profitability; Posts Increased Revenue of N330bn

  Oando Eyes Profitability; Posts Increased Revenue of N330bn Oando Plc, Nigeria’s leading indigenous energy group listed on both the Nigerian and Johannesburg Stock Exchange, has announced unaudited results for the nine months period ended 30 September, 2016. The company’s turnover increased by 26 per cent to N330 billion, compared to N262 billion in YTD September 2015, while Gross Profit decreased …

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Fidelity Bank nine months gross earnings hits declares N110.3bn

Fidelity Bank nine months gross earnings hits declares N110.3bn  Fidelity Bank Plc has announced N110.3 billion in its nine months ended September 30, 2016, indicating three per cent increase when compared to its previous N107 billion. Similarly, deposit increased by 3.4 per cent to N795.6 billion from N769.6 billion in 2015 Financial Year. According to the Managing Director/Chief Executive Officer, …

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