Metro

Glo Unveils GameBox With Over 400 Premium Games

Digital Transformation Leader, Globacom, is ushering its teeming subscribers into a new level of entertainment with the introduction of a mobile game application, christened Glo GameBox. Globacom in a press release from its head office in Lagos on Tuesday said, “Glo GameBox is bound to change the face of mobile gaming in Nigeria, as it presents unequalled game options and …

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Whistle Blowers’ Charged For Conspiracy To Rob Gov Dickson To Remain In Prison

By Amos Okioma, Bayelsa Five suspects who are being tried by Bayelsa Government for conspiracy to rob Governor Seriake Dickson of Bayelsa at his country home would remain in prison custody till January 31, 2019. The development followed an adjournment of the trial by Justice E.T Okara after cross examination of prosecution witness by the defense counsels, Julius Eyokoragha and Stanley Damabide. …

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DMO Unveils N100bn Sukuk2 Bond

PATIENCE ONIHA DG DMO

The Debt Management Office (DMO), has called for more private sector involvement in sovereign sukuk, to boost infrastructure development and support Federal Government’s efforts towards sustainable economy. With the success recorded on the first N100 billion Sukuk bond issued last year, the Federal Government, the DMO has unveiled the second N100 billion sovereign Sukuk, which offer is expected to close …

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EFCC Arrests Surety As Fidelity Bank MD Allegedly Jumps Bail

The Economic and Financial Crimes Commission (EFCC) has taken into custody the surety of the Managing Director of Fidelity Bank Plc, Nnamdi Okonkwo, after the suspect jumped the administrative bail granted him by the commission. According to the Premium Times report monitored by nationalwire, Chris Ezem, who stood as surety for the Fidelity Bank boss, was arrested by EFCC operatives …

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2018:FIRS To Hit N5.3tri Revenue

The Federal Inland Revenue Service (FIRS) is expected to generate N5.3trillion revenue by the end of this year. Already, as at the second week of this month, FIRS has generated N5 trillion. Executive Chairman, Mr. Tunde Fowler, in a statement explained that if the agency succeeds  in pooling the N5.3 trillion revenue, it will mark the highest revenue ever generated …

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NPA Boss Implores Fire Officers On Professionalism

The Managing Director of Nigerian Ports Authority (NPA), Hadiza Bala Usman has  called on Officers and Men of the Fire Service Department to rededicate themselves to the vision, mission and core values of the Authority by displaying professional ability and high sense of responsibility in the discharge of their duties. Bala Usman made the call while addressing graduands of Squad …

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BAYELSA: Speaker Hosts, Awards Clergy, As 2019 Gets Closer

By: Ariwera Ibibo-Howells The Speaker of the Bayelsa State House of Assembly and People Democratic Party (PDP) candidate for Southern Ijaw Federal constituency for the 2019 election, Rt.Hon Konbowei Benson on Monday hosted the cream de la cream of the Christendom in the state. Speaking at the event tagged “special Dinner” guest speaker and General Overseer, Royal House of Grace …

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Desarrollar Partners With Top Firms To Improve Real Estate Solutions

Desarrollar Limited a lifestyle and leading real estate solutions company in Lagos, Nigeria has partnered with Union Trustees Limited, First Bank Trustees Limited and Banwo & Ighodalo and The Lodt Legal Partners to improve real estate services and solutions. The partnership which was signed on Monday, in Lagos, will unveil Nigeria’s most secure and institutionalized real estate trust consortium aimed …

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SAHCO Explains 406.07m IPO To Capital Market Community

…Offer Opens Today Skyway Aviation Handling Company Plc (SAHCO), yesterday explained its Initial Public Offer of 406.07million ordinary shares of 50 kobo each at N4.65 to stakeholders on the floor of the Nigerian Stock Exchange. The offered shares is expected to raise the company’s capitalization to N6.29 billion. The IPO which sales commences today (December 12) is to close on …

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Nigeria Still Exposed to Economic Shocks, Moody’s Warns

Moodys-Investors-Service

One of the leading global rating agencies, Moody’s Investors Service, has said Nigeria’s credit profile, at ‘B2 stable’ is constrained by the country’s continued exposure to shocks because of government’s inability to expand non-oil revenue base sufficiently. The New York-based agency stated this in its annual credit analysis on Nigeria titled, ‘Government of Nigeria: B2 stable, Annual Credit Analysis,’ released …

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