Dayo Emmanuel

Nigeria football clubs to go public third quarter of 2017

Nigerian football league clubs are set to list on the on the NASD OTC Securities Exchange latest by the third quarter of 2017, Bola Ajomale, Managing Director/CEO of NASD OTC Securities Exchange disclosed this in Lagos. Ajomale said: “We are opening up an opportunity for the clubs to access private funding as required and use such funds in improving the …

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SON Technical Committee Meeting on Cables…Pix

From Left: Technical Manager, Nigerchin Electrical Development Company Limited, Mr. Pradeep Sharma; Group Head, Electrical Electronics Group, Standard Organisation of Nigeria (SON), Engr. Richard Adewunmi; representative of Director General SON, Engr. Timothy Abner; Chairman, SON Technical Committee on Cables, Professor Ephraim Aniebona and Executive Director, Coleman Technical Industries Limited, Mr. Michael Onafowokan, during the SON Technical Committee meeting on Cables, …

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Bumper Harvest: Kano Establishes Warehouse for Wheat

Kano State government has revealed that it has introduced measures to save wheat farmers in the state against possible glut of the produce in the grain markets and also to save them from the activities of middlemen. This was disclosed by Kano State Governor, Dr. Abdullahi Umar Ganduje, during the the official launching of the commencement of 2017 wheat harvest …

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Abuja, C/River Top States with Highest Bus Fares in Feb – NBS

Abuja and Cross River States have been ranked top as the states with the highest bus journey fares in Nigeria in February. The Transport Fare Watch Report for February released on Wednesday by the National Bureau of Statistics (NBS) showed that it costs N257.50 and N223.33 for intra-city bus journeys in Abuja and Cross Rivers States. Advertisement The report indicated …

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Nigeria Football Clubs to go Public Third quarter of 2017

Nigerian football league clubs are set to list on the on the NASD OTC Securities Exchange latest by the third quarter of 2017. Bola Ajomale, Managing Director/CEO of NASD OTC Securities Exchange disclosed this in Lagos. Ajomale said: “We are opening up an opportunity for the clubs to access private funding as required and use such funds in improving the …

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Consumers Spending on Telecom Services to hit N3.5 tr December

Over 150 million telecoms consumers in the country will spend close to N3.5 trillion on telecoms services by the end of this year, all things being equal, the Nigerian Communications Commission has. This will include spending on calls, data services and mobile devices, according to the regulator. On Wednesday, the NCC Executive Vice Chairman Prof Umar Danbatta disclosed that N3.3 …

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Guinness Nigeria offers 5 for 11 shares in N39.7 bn Rights Issue

Guinness Nigeria Plc would be raising N39.7 billion in new equity funds from shareholders in the book of the company as at the close of business yesterday. Details shows that the board of directors of Guinness Nigeria, through its stockbroker, Stanbic IBTC Stockbrokers Limited, filed application for regulatory approval for the supplementary new issue. According to the regulatory filing, Guinness …

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Time To Prioritise Gas in Nigeria, Says NLNG Chief

The Managing Director and Chief Executive Officer of Nigeria Liquefied Natural Gas Limited (NLNG), Tony Attah, has said time has come for the country to use gas as catalyst for industrial and economic transformation and become a great gas producing country. Attah stated this when the Minister of Information and Culture, Alhaji Lai Mohammed, paid a courtesy visit to the …

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Minister Urges Banks to Increase Agric Funding

The Minister for Agriculture and Rural Development, Chief Audu Ogbeh, has urged the Organised Private Sector (OPS), especially Nigerian banks, to increase funding in agriculture and make the country food self-sufficient. The Minister, who identified lack of capital and research as a major hindrance to job creation and development in the sector, also stressed the need for banks to support …

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Petrol price still high in Yobe at N177 per litre

Despite efforts by the Nigerian National Petroleum Corporation (NNPC) to crash prices through massive importation supported by output increase from the local refineries, prices of fuels have remained high across the country. High cost of petroleum products will impoverish Nigerians the more and cut deeper into the already pressured disposable income given the very high inflation rate and economic downturn …

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