The Queen’s coffin and what will be buried with her

The Queen Elizabeth II funeral has commenced with a lie in state at Westminster Abbey as mourners seated for th state burial. Her Majesty died on Thursday 8 September, aged 96. The Queen will eventually be reunited with her parents, sister and the late Duke of Edinburgh, her husband of nearly 74 years, in her final resting place […]
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AFRH gives hope to couples with fertility challenges

By Japhet Davidson The Association of Fertility and Reproductive Health (AFRH) has assured couples with fertility challenges of its readiness to provide the needed services to end their fertility problems. The body stated this during a press conference to herald  their 12th Annual International Conference slated for Lagos . The conference with the theme: Maximising ART […]

Banking stocks drag equities to negative close

As investors lost N119bn By Nkiruka Nnorom Bearish sentiments continued to pervade activities in the Nigerian Exchange Limited (NGX) following sell-off in the shares of banking stocks, resulting in N119 billion losses to investors during the week. Specifically, sell-off in banking stocks including Access Corporation formerly Access Bank Plc, (-6.2%),  United Bank for Africa (UBA) Plc […]

Electricity: Azura pays FG 40% of $30m monthly invoice —MD

•Blames poor distribution network for low power supply By Obas Esiedesa  ABUJA- THE Managing Director of Azura-Edo Power Plant, Mr. Edu Okeke, has disclosed that 40 percent of the company’s monthly invoice of about $30 million to the Nigerian Bulk Electricity Trading Plc, NBET, goes back to the Federal Government as payment for gas supply […]

Airport concession: Unpatriotic Nigerians at work again

“We have met the enemy and they are [our own people]” – O H Perry, 1785-1819, Vanguard Book of Quotations, P. 48 The Minister of Aviation, Hadi Sirika, is increasingly creating an image of a man who can have big dreams for Nigeria; but, who ends up with nightmares. As one of his strongest supporters on […]

Shareholders in CWG to get dividends next year

By Nkiruka Nnorom CWG Plc has indicated its readiness to commence dividend payment at the end of 2022 financial years after years of non-dividend payment given the positive momentum being witnessed in the company as well as strategic innovations already put in place by the current management to boost the company’s earnings. The company’s Group […]

NGX Group unfolds dividend policy

By Peter Egwuatu Nigerian Exchange Group Plc (NGX) has released its dividend policy in ensuring that shareholders received returns on their investment.   The policy document which was approved by the Group’s Board of Directors and published on the company’s website was, according to the group, formulated in accordance with the laws of the Federal Republic of […]

Tinubu appoints Gov Bello as youth coordinator for campaign council

By Gabriel Ewepu Governor Yahaya Bello of Kogi State has been appointed as the National Youth Coordinator of the Tinubu-Shettima Presidential Campaign Council. This came as farmers under the auspices of Asiwaju/Shettima Farmers’ Group, commenced mobilisation of farmers and votes in all 774 local government areas and the 36 states including the Federal Capital Territory, FCT, […]

Businesses heading for total collapse, NECA raises alarm

lSays over 50 taxes weighing businesses down, warns against further borrowing lAs FIRS calls for harmonised tax  systemlEconomy facing many vulnerabilities — Muda Yusuf The Nigeria Employers’ Consultative Association, NECA, has hinted that most businesses in Nigeria are now on the brink of collapse under the pressures from the economic policy environment. In a statement […]

Fitch upgrades First Bank to ‘B’, outlook stable

By Babajide Komolafe, Economy Editor Fitch Ratings has upgraded the Long-Term Issuer Default Ratings (IDRs) of FirstBank Limited and that of its parent company, First Bank Holdings Plc to ‘B’ from ‘B-’, citing key performance indices including improved capitalization, asset quality and healthy profitability. In a statement announcing the new ratings, Fitch said: Fitch Ratings […]

Peter Obi: As tough as nails (2)

By Chuks Iloegbunam   From Friday, the piece continues, today, the narrative of the drama that unfolded following news of the impeachment of Governor Peter Obi of Anambra State AS Channels Television showed a few weeks later, the House reconvened in Awka under heavy security cover and the Speaker, Mike Balonwu, moved the motion. In one […]

Nnaji Foundation provides Int’l courts to revamp Nigeria Basketball

By Dennis Agbo The Nnaji Family Foundation has commissioned a twin International basketball courts at Agbani, Enugu state, with a pledged of immediate replication of same in the remaining states of the south east. The foundation said that it’s target is to rivatalize basketball in Nigeria with an academy that will produce Nigeria basketball players […]

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