Standard Chartered completes N12bn IFC’s Naija bond

Standard Chartered completes N12bn IFC’s Naija bond

Standard Chartered Bank, weekend announced that it has successfully completed a NGN 12.0 billion (USD76 million equivalent) Senior Unsecured Fixed Rate Notes issuance( Naija Bond) due 2018 for the International Finance Corporation (“IFC”).
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Business will be tough this year – Unilever MD

Business will be tough this year – Unilever MD

The Managing Director of Unilever Nigeria Plc, Mr. Thabo Mabe, has predicted a tougher business environment in 2013. He made this predication at the 2012 Customers Forum of the company in Lagos, where the company honoured its distributors.

God’s will against Governor Judas

God’s will against Governor Judas

The awesome power and bearing of the Nigerian Governors’ Forum, NGF had in the recent past raised concern among some stakeholders in the polity. Now an internal discord driven by external power peddlers is about bringing the once powerful body to its knees.

Stockbrokers’ indebtedness to banks falls by 47.55%

Stockbrokers’ indebtedness to banks falls by 47.55%

By NKIRUKA NNOROM Stockbrokers’indebtedness to commercial banks reduced significantly to N53.41 billion during the second quarter ended 30th September, 2012. This represents 47.55 percent reduction over N101.83 billion owed by stockbrokers in the same period of 2011. Data obtained from the Securities and Exchange Commission showed that the figure was based on second quarter returns […]

Fitch withdraws Kwara’s rating, upgrades Lagos

Fitch withdraws Kwara’s rating, upgrades Lagos

Global rating agency, Fitch Rating, last week withdrew its rating of Kwara State, canceling its rating of the state’s N17 billion bond programme. The rating agency, however, upgraded the rating of Lagos State, raising it to positive from stable.

Imo to set land registration fee at N1,000

Imo to set land registration fee at N1,000

Imo State government is working on a policy that will require land owners in the state to pay only N1,000 to register their land and obtain Certificates of Occupancy.

Coup plot foiled in Benin

Coup plot foiled in Benin

Benin said Sunday that authorities have thwarted an attempt to oust President Thomas Boni Yayi and install a military regime in the west African nation.

Nigerian farmers are disconnected from government policies – Asenuga

Nigerian farmers are disconnected from government policies – Asenuga

He is passionate about agriculture, which he sees as a way of life. He grew up to know his father as a successful farmer, after his graduation from the University of Benin with a degree in Engineering he decided to join his father’s farm after a spell in the oil and gas sector.

Why FG should outlaw Ohanaeze, OPC, ACF, SSPA, others

Why FG should outlaw Ohanaeze, OPC, ACF, SSPA, others

The current issue that Nigeria is either becoming a failed state or is a failed state is a direct working by some individuals to cause diversionary chaos in the country in order to loot the nation’s wealth. What makes such diversionary tactics to work is their ability to misinform Nigerians that are willing to listen and adhere to their advice.

Queen Elizabeth hospitalised!

Queen Elizabeth hospitalised!

Britain’s Queen Elizabeth II, suffering from gastroenteritis, was admitted to hospital on Sunday, a Buckingham Palace spokesman told AFP.

Assad defiant as foes advance in north Syria

Assad defiant as foes advance in north Syria

President Bashar al-Assad has insisted he will not step down and blasted Britain’s support for his foes, as opposition chief Ahmed Moaz al-Khatib visited north Syria Sunday and hundreds were reported killed in a battle.

20 Boko Haram Islamists killed in Borno

20 Boko Haram Islamists killed in Borno

The military said Sunday that it killed 20 Boko Haram Islamists while repelling an attack by the extremist group in the embattled northeastern state of Borno

Boko Haram: Shekau denies ceasefire, dialogue with FG

Boko Haram: Shekau denies ceasefire, dialogue with FG

…Denies Sheikh Abdulazeez, threatens more attacks in Yobe, Borno, Bauchi, others…
The leader of Islamist sect, Boko Haram, Abubakar Shekau, has denied the purported cease fire and dialogue with the federal government of Nigeria by his group.

Shell decries oil theft, threatens shutdown

Shell decries oil theft, threatens shutdown

SHELL   has decried the rising incident of crude oil theft on its facilities in the Niger Delta region, saying it could force the company to shut down operations.