By Emeka Anaeto Nigerian money market interest rates are on the rise. This marks the end of the long (over a year) decline trend. But what next? Industry analysts at Coronation Merchant Bank, offer some insights, thus: ‘‘In our view the key determinants are how the 2021 budget deficit will be financed and how normal […]

By Emeka Anaeto Last week across the money market there was a consensus report of improvements in credit conditions through the fourth quarter of 2020. Market sources say that broad-based growth in secured, un-secured and corporate facilities indicate an improvement in macroeconomic conditions. This has been confirmed by the latest Survey of the Central Bank […]

Renowned financial technology and brokerage firm headquartered in the UK, TigerWit, has charged its 30 newly-trained retail traders to go into the largest financial market and become the next set of super traders.

By Chinedu Adonu Federal Road Safety Corps, FRSC, has urged motorists within Enugu State to refrain from over-speeding in 2021 to further reduce Road Traffic Crashes, RTCs, in the area and other states. FRSC Sector Commander in Enugu State, Mr Kalu Ogbonnaya, made the warning while speaking with newsmen in Enugu on Wednesday. Ogbonnaya noted […]

Two men, Adeweye Adelusi (20) and Agboola Damilola (23), were on Wednesday arraigned before an Ado-Ekiti Chief Magistrates’ Court over alleged self-kidnapping. The defendants, who have no fixed address, are facing a two-count charge of conspiracy and self-kidnapping. The prosecutor, Insp. Bamikole Olasunkanmi, told the court that the defendants committed the offences on Dec. 31, […]

By Ola Ajayi, Ibadan At least one person has been confirmed dead while four others sustained injuries when the elevator of the Cocoa House in Ibadan, the Oyo State capital collapsed during repairs. Vanguard gathered that the faulty elevator collapsed when some technicians were working on it to make it functional. When the elevator fell, […]

By Davies Iheamnachor – Port Harcourt There is palpable panic in Oduoha Community in Emohua Local Government Area of Rivers State following a gas pipeline explosion incident in the area. It was learned that a gas pipeline that runs through the community to a terminal in Bonny exploded in the early hours on Tuesday, creating […]

FIFTY-ONE years after the Nigerian-Biafran Civil War, eminent Nigerians drawn from all parts of the country will brainstorm on how to ensure that Nigeria does not return to such a deadly path again.

As the pandemic continues to discourage social gatherings, Ms Gladys Okatho, Head of Physical Education (P.E) at Greensprings School, Anthony Lagos, has called for the involvement of children in non-contact sports. She made this call recently while speaking on the effects of the pandemic on sports and Physical Education in Nigerian schools. In her opinion, […]

The Coalition of Northern East Elders for Peace and Development (CNEEPD) has accused the Human Rights Writers Association (HURIWA) of insensitivity to the plight of thousands of people in the region suffering the misfortune of worsening insecurity in the country.

C & I Leasing Plc on Wednesday expressed optimism that the emergence of Peace Mass Transit as the company’s majority shareholder would bring enhanced value creation for all its stakeholders.

By Adesina Wahab Barely three days after a former Vice Chancellor of the University of Lagos, Prof. Oyewusi Ibidapo-Obe, died of complications from COVID-19, another don in the university, Professor Duro Ajeyalemi, has died in a Lagos hospital. Ajeyalemi, 70, reportedly succumbed to death following complications from the disease. ALSO READ: Delta govt promises more attention […]

The Arise Foundation for Women, Youth and Family Development, in collaboration with Aderoju Ayoade Adekanmbi Foundation, has empowered over 100 youths with cash gifts and over 100 children with educational materials and uniforms in Lagos and Oyo states. The intervention, tagged “#EndSARS with cash funds to do business,” had over 100 youths that participated in […]

By Jimitota Onoyume, Warri Riverine communities in Delta state have been assured of more attention from the state government this year. Special Adviser to Governor Ifeanyi Okowa on Environment and Marine transport, Hon Daniel Yingi gave the assurance in Okpokunou town, Burutu local government area, adding that the people should continue to support the efforts […]

C&I Leasing Plc has announced that Peace Mass Transit has purchased 313,326,316 units of the Neoma Africa Fund L.L.C. (formerly Aureos Africa Fund, L.L.C.) unsecured variable coupon redeemable convertible loan stock in registered units of N4.75 each or its US$ equivalent in C&I Leasing Plc.