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Weak purchasing power, uncompetitive returns crash FGN Bond by 50%

Weak purchasing power, uncompetitive returns crash FGN Bond by 50%

The Federal Government’s plan of wooing retail investors in the capit market through FGN Savings Bond seems not to be materialising as both value and volume of subscription to the investment window plunged 50 per cent and 62.4 per cent respectively in the year ended December 2018.

Kidnap victim narrates ordeal

Kidnap victim narrates ordeal

Ibadan—A woman, Mrs Folarin Roseleen, has narrated how she and her daughter, Moyinoluwa Folarin, escaped from their abductors without paying any ransom after being waylaid along Ife-Ibadan Expressway.

Credit to economy falls by N720bn in May

Credit to economy falls by N720bn in May

Credit to the economy fell by N720 billion to N32.9 trillion in May reflecting the rationale behind the recent directive of the Central Bank of Nigeria (CBN) that banks should give out 60 percent of their deposits as loans.

Three Crowns Milk provides low cholestoral milk-based breakfast to 8,000 consumers

Three Crowns Milk provides low cholestoral milk-based breakfast to 8,000 consumers

By Akeem Salau LAGOS—Three Crowns Milk, one of Nigeria’s leading dairy brands, provided low cholesterol milk-based breakfast to over 8,000 consumers, especially mothers,across various locations to care for their hearts and physical well-being.Endorsed by the Nigerian Heart Foundation  as the nation’s only heart-friendly milk low in cholesterol, Three Crowns made by FrieslandCampina WAMCO tagged its […]

16 arrested in Imo over fake driver’s licence

16 arrested in Imo over fake driver’s licence

Owerri—Sixteen people— 11 females, five males— have been arrested by Imo State Police Command operatives for their involvement in the issuance of fake driver’s licences.

RUGA: Coalition tasks Ohanaeze, northern groups to repent of ethnic bigotry

RUGA: Coalition tasks Ohanaeze, northern groups to repent of ethnic bigotry

The One Nigeria Coalition has advised apex Igbo socio- cultural, Ohanaeze Ndigbo and Northern Youths Coalition to first turn over a new leaf from its bigotry stance before even attempting to address issues of national interest. The Coalition’s charge comes in the light of the recent outburst by both groups over the Federal Government’s proposed […]