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2 March

Alaafin Of Oyo Storms Lagos March 26 For the Kogberegbe Tunmigbe Show

By Adenike Fagbemi Popular TV series on Africa Magic Yoruba entitled Mr. & Mrs. Kogberegbe has announced a new date for its ‘Screen-2-Stage’ event tagged Tunmigbe meaning ‘Remarry Me!’ The event will be coming from the stable of Creative Village production with massive effort to make it now happen for March 26th, 2017 from 3pm with a red carpet session through to the main …

2 March

FG sells Treasury bills at yields below inflation

The Federal Government raised N310.14 billion ($985 million) at an auction of treasury bills on Wednesday at yields lower than the inflation rate, the central bank said on Thursday. The apex bank sold N222billion of one-year treasury bills at a yield of 18.49 percent, lower than inflation at 18.72 percent and compared with 18.44 percent at a previous auction. A …

2 March

MTN Swings to First Annual Loss in 20 years After Nigeria Fine

* MTN’s 2016 earnings hit by $1.1 bn Nigeria fine * Firm facing another probe by Nigerian lawmakers * Declares dividend despite loss, shares up 10 pct MTN Group swung to its first annual loss in two decades on Thursday, hit by a regulatory fine in Nigeria and unfavourable currency moves but its shares soared after it kept a dividend. …

2 March

GTBank hauls merit awards in Lagos

Guaranty Trust Bank has emerged the best winner in the 2017 Electronic Payment Incentive Scheme (EPIS) Awards organised by the CBN and Nigeria Inter-bank Settlement System (NIBSS). The GTB said in a statement on Thursday that the awards had reaffirmed its position as Nigeria’s leading financial institution on e-payments with its emergence as a multiple award winner at the EPIS awards. …

2 March

World Book Day: Heritage Bank Promotes Reading Culture in Schools

In its continuous drive to remain at the forefront of engendering educational learning amongst young Nigerians, Heritage Bank Plc joined in celebrating the “World Book Day” by means of implementing one of its literacy initiatives and donation of books to schools. The bank has decided to lend its support to the biggest celebration of its kind, designated by UNESCO as …

2 March

Economy: NBS 2016 4Th Quarter Report Shows Sign of Recovery

The National Bureau of Statistics (NBS) on Tuesday released the 2016 4th Quarter Gross Domestic Product (GDP) Report which shows a significant improvement in the country’s economic fundamentals and promising signs that things are beginning to turn for the better. Although the numbers are still negative, indicators in the critical sectors show some encouraging improvements compared to those of the …

2 March

National Stadium A National Disaster- Dalung

TAYO OLANIPEKUN Minister of Youth and Sports, Solomon Dalung, has lamented the dilapidated condition of the National Stadium situated in Surulere, Lagos. Advertisement The Minister, who, on Wednesday embarked on an inspection tour of the facility alongside Lagos State Governor, Akinwunmi Ambode; Nigeria Football Federation President, Amaju Pinnick, and other top government functionaries, lamented the state of the …

2 March

Dangote Foundation spends N200m to rehabilitate Kano Specialist Hospital

To complement its N7 billion Surgical and Diagnostic Centre (SDC) currently under construction, the Dangote Foundation has concluded the renovations of some sections of the Murtala Muhammed Specialists’ Hospital, Kano which gulped over N200 million. The 900 bed capacity hospital, reputed for highest number of in-patients in sub-Saharan Africa has been lacking facilities that may detract from the new SDC …

1 March

EFCC, Court Order Heritage Bank To Freeze Geonel Integrated Services Accounts …as bank debunk’s insolvency claim

FRIDAY EKEOBA Heritage Bank Plc has said that its attention has been drawn to a report making the round that it should short-down operations owning to inability to meet its financial obligation to customers. The bank said that the allegation is not true as the Geonel Integrated Services Limited’s account, the company that made the alleged false claims, is currently …

1 March

U.S to restrict entry to semi-skilled migrants

Tayo Olanipekun The United States of America will soon adopt an immigration system that favours only individuals with higher skills, to replace the current system it says is now “outdated and depresses wages as it benefits only the migrants with lower skills.” President Donald Trump said the country would adopt the merit-based immigration system the way Canada, New Zealand and …