Lagos State Government on Monday announced the closure of the N85, 140,000,000 Series 2 Bond Issuance geared towards improving the physical and social infrastructure in the State. Commissioner for Finance, Mr. Akinyemi Ashade in a statement, said the Bond was issued in two tranches of N46,370,000,000 16.75 percent Tranche 1 maturing August 2024 and the N38,770,000,000 17.25 percent Tranche 2 …

Read More »

The Academic Staff Union of Universities has commenced an indefinite nationwide industrial action. The National President of the union, Dr. Biodun Ogunyemi, announced this on Monday during a meeting of the National Executive Council of ASUU in Abuja. He said during the strike, there shall be no teaching, no examination and no attendance of statutory meetings of any kind in …

Read More »

Not less than 14 states now benefit from the school feeding programme set up by the President Muhammadu Buhari administration.    A statement issued by the spokesperson to Acting President, Yemi Osinbajo, Laolu Akande,  explained that the Presidency  is now close to its target of feeding three million primary school children in 2017, under the National Homegrown School Feeding Programme. …

Read More »

The Director General of the Debt Management Office (DMO), Ms. Patience Oniha, at the weekend in Lagos s solicited the support of the media in informing Nigerians on the management of the country’s debt stock and government’s drive towards infrastructural development. Speaking during a meeting with Editors in Lagos, Oniha, said DMO will continue to be in the forefront of …

Read More »

Transaction on the floor of the Nigerian Stock Exchange (NSE) Friday, witnessed a turnaround from the decrease on Thursday as key market indicators regains its momentums with 0.25 increase, bringing the year to date return to 42.14 percent. However, Unilever Nigeria Plc that is currently seeking over N58 Billion from existing shareholders through right issue, topped the gainers table for …

Read More »

Statistician general of the federation, Yemi Kale has said that there is a likelihood that Nigeria’s economic recession ended in the second quarter of 2017. in an interview with Bloomberg, Kale made it clear that he was not sure because all the numbers had not been collated. “Intuitively, we might be getting out of recession in the second quarter, but …

Read More »

  Nigeria’s leading petroleum product marketing company, Conoil Plc, has assured its shareholders of its unwavering commitment to continue to deliver a healthy performance that is consistent with its vision by delivering exceptional service to its customers and adding value to its shareholders’ investment. At its 47th annual general meeting held on Friday in Uyo, Akwa Ibom State, the frontline …

Read More »

Police came to the rescue of a Suspected ritualist being served jungle justice at Ile Zik, Ikeja, Lagos on Thursday. Photo: Abiodun Omotosho Advertisement

Read More »

The Independent National Electoral Commission (INEC) says it has ordered the removal of the names of 190 non-Nigerians from the country’s Voter’s Register as part of measures to clean up the register. The commission disclosed this in a statement by its Director of Voter Education and Publicity, Mr. Oluwole Osaze-Uzzi, in Abuja, yesterday. The Nigerian Immigration Service (NIS), recently retrieved several …

Read More »

The Lagos State Government yesterday said it will be raising N50 billion from investors to enable it achieve cleaner environment through effective waste management system. Briefing investors on the bond issuance, the state’s Commissioner, Ministry of Environment, Babatunde Adejare said the Lagos State Waste Management Authority (LAWMA) currently operates operates in partnership with private sector participants for collection of wastes within …

Read More »