‘Terrorist’ attack on Tanzanian church leaves two dead

‘Terrorist’ attack on Tanzanian church leaves two dead

Tanzania (AFP) – Two people were killed in Sunday’s attack during a mass at a Tanzanian church, officials said Monday, as President Jakaya Kikwete called the explosion an “act of terrorism”. Six people have been arrested, including four from Saudi Arabia, officials said. “This is an act of terrorism perpetrated by a cruel person or […]
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Milo Basketball: Benue, Kaduna teams reach semi/final

Milo Basketball: Benue, Kaduna teams reach semi/final

Players of Benue State and Kaduna proved their dominance by qualifying for the semi-final of the ongoing Nestle Milo Secondary School Basketball Championship at the Akure Township Stadium, Ondo State on Sunday.

We are licensed to do everything a bank can do in London – Otti

We are licensed to do everything a bank can do in London – Otti

On the 16th of April, Diamond Bank hosted investors at the Famous Merchant Taylor’s Hall in London. It was a gathering of prominent investors, friends and well wishers of the bank to celebrate its presence in the financial hub of London. The Managing Director Mr. Alex Otti, had a brief session with Nigerian journalists who were there. Exerpts:

NIMASA lifts blockade on NLNG shipping activities

NIMASA lifts blockade on NLNG shipping activities

LAGOS — The unprecedented blockade on Nigerian Liquefied Natural Gas Limited, NLNG’s shipping activities by the Nigerian Maritime Administration and Safety Agency, NIMASA, was lifted, Sunday.

Updates on Ministry of Trade and Investments

Updates on Ministry of Trade and Investments

In a few weeks time, the Jonathan administration would have completed its second year in office after the 2011 elections – although it will also mean that President Jonathan would have completed his third year as President. It is time to take stock; to ask what has been achieved and what remains to be done.

NSE raises N195.36bn from new issues in 2012

NSE raises N195.36bn from new issues in 2012

A total of N195.36 billion was raised from new issues on the Nigerian Stock Exchange, NSE during the year ended 31st December, 2012, translating into a two-year total of N2 trillion in the value of capital raised on the Exchange.

Will Nigeria fail again in 2030 to reduce extreme poverty?

Will Nigeria fail again in 2030 to reduce extreme poverty?

At the end of the 2013 Spring Meetings of World Bank Group/IMF, world financial leaders avowed to two specific global agenda. First, a historic opportunity to end extreme poverty within a generation, the global target of reducing extreme poverty rate, the number of people living on less than $1.25 a day to three per cent by 2030.

Sterling Bank gets shareholders nod to raise N56.2bn

Sterling Bank gets shareholders nod to raise N56.2bn

Shareholders of Sterling Bank Plc, at the 51 annual general meeting in Lagos, authorised the Board and management of the bank to raise fresh capital amounting to N56.2 billion from the capital market.