Portland Paints targets rights issue to raise additional capital
Portland Paints and Products Nigeria Plc (PPPNP) has said it will be embarking on rights issue to raise additional capital in pursuit of its plan to improve returns and address the high leverage position of the company and other business expansion plans. The company further noted it will focus on innovation and seek opportunities to introduce new products into its array of brands as it pursues increased profitability for its stakeholders.
Heritage Bank CEO to speak on innovation at CBN’s expo
Managing Director/Chief Executive, Heritage Bank Limited, Mr. Ifie Sekibo will speak on ‘Innovation in Financial Services Delivery’ at the annual Cashless Card Expo of Central Bank of Nigeria (CBN).
69 burnt to death in Onitsha petrol tanker accident
No fewer than 69 persons burnt to death Sunday evening when a trailer loaded with Premium Motor Spirit otherwise known as petrol that was descending from Army barracks side of Onitsha Enugu express way lost control and rammed into the Asaba Motor Park at Upper Iwekas Onitsha and exploded.
2016 Olympic football qualifiers: Cameroon out!
Cameroon became the first major casualty of the 2016 Olympic Games football qualifiers in Africa after being eliminated by Sierra Leone this weekend.
Kanu: Flying Eagles ‘ll do us proud
Former Super Eagles captain Nwankwo Kanu says the Flying Eagles will do the country proud in the ongoing FIFA U-20 World Cup in New Zealand and has urged Nigerians not to panic. Kanu said having followed the team right from their U17 days, he was sure they will make Nigerians smile. “This is a very […]
FIFA U20 World Cup: Mali get first win for Africa
The second day of action at the going FIFA U20 World Cup brought mix fortunes for Africa as Mali recorded the first win for the continent while Senegal recorded the first defeat.
Buhari’s body language shows readiness for positive change – Kaigama
The Catholic Archbishop Ignatius Kaigama has said that President Muhammadu Buhari’s body language so far shows that he is ready for the positive change Nigeria needed.
“PDP ’ll bounce back in 2019”
IMMEDIATE past Deputy Governor of Delta State, Prof Amos Utuama SAN, weekend, admitted the vulnerability of the People’s Democratic Party, PDP after its defeat in the last presidential election, expressing optimism that the party would bounce back in 2019.
EFCC arrests 6 CBN officials, 16 bankers over N8bn fraud
No fewer than six top officials of Nigeria’s Central Bank and 16 other workers of commercial banks in the country have been arrested by the Economic and Financial Crimes Commission, for a mega scam involving the sum of N8 billion.
Buhari’s assets declaration: We will respond later- PDP
NATIONAL leadership of the Peoples Democratic Party, PDP said Sunday that it would reply to President Muhamadu Buhari and Vice President Yemi Osinbajo on their declaration of assets.
I will not probe Elechi, says Gov. Umahi
The new governor of Ebonyi, Chief Dave Umahi, says he has no intention of probing his predecessor but vowed to recover all mismanaged funds in the state.
