Senate confirms Yuguda as AMCON Board chairman

By Henry Umoru, Abuja The Senate on Thursday confirmed the appointment of Lamido Yuguda Abubakar as Chairman of the Board of the Asset Management Corporation of Nigeria (AMCON). The confirmation followed the consideration and adoption of the report of the Senate Committee on Banking, Insurance and Other Financial Institutions, chaired by Senator Adetokunbo Abiru (APC, […]
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Dangote Refinery raises $2.5bn via private equity placement to boost refining

By Peter Egwuatu Dangote Petroleum Refinery and Petrochemicals FZE (DPRP) has successfully completed a landmark Private Equity Placement that raised approximately US$2.5 billion in new equity, following a highly successful offering. The transaction, which is believed to be Africa’s largest publicly disclosed primary equity private placement, marks a significant milestone in the history of the […]

5th anniversary of Olu of Warri: Itsekiri Global Homecoming partners Overland Airways

..As Capt Boyo hails monarch By Matilda IkediobiAs activities marking the fifth coronation anniversary of the Olu of Warri, Ogiame Atuwatse III, gather momentum, the organisers of the Itsekiri Global Homecoming, IGHC, have announced Overland Airways as the official airline partner for the week long celebration. The Homecoming, scheduled to hold in Warri, Delta State, […]

NCAA threatens to suspend Royal Air Maroc operations over passenger complaints

By Dickson Omobola Nigeria Civil Aviation Authority, NCAA, Wednesday, threatened to stop Royal Air Maroc’s operations in Nigeria over what it described as incessant disregard of Nigerian passengers and violations of consumer protection regulations. Director of Public Affairs and Consumer Protection at the NCAA, Mr Michael Achimugu, accused the Moroccan carrier of poor passenger handling, […]

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