Dangote Petroleum Refinery set for landmark IPO following SEC approval
… Proposed 4.1bn share offer could raise approximately ₦2.15trnBy Udeme Akpan The Securities and Exchange Commission (SEC) has approved the commencement of the Initial Public Offering (IPO) of Dangote Petroleum Refinery and Petrochemicals FZE, paving the way for what could become one of the largest capital market transactions in Nigeria’s history. The approval was conveyed […]
Bank crisis: The road to hell (3)
By DELE SOBOWALE There are some commercial banks that have a negative net worth. What is CBN’s plan for them? Who is going to merge with a bank with a large negative net worth under your N25 billion scenario? Is this a disguised way of putting them out ofbusiness by December 31, 2005? Why would […]
Bank of Industry building: A year ago, Lagos made history!
IT will be exactly a year ago tomorrow, when the proactive administration of Governor Babatunde Raji Fashola scored another first, this time, a technological feat – the pulling down of the 22-storey Bank of Industry (BOI) building without any casualty, not even the slightest damage to surrounding structures.
Workers petition Minister over activities of Lee group
WORKERS in the nation’s Chemical and Leather industry, have petitioned the Minister of Labour and Productivity, Prince Adetokunbo Kayode, to look into unfair labour practices by Lee Group of Companies, accusing the group of unfair labour practices.
Sanusi’s priorities as CBN Governor are wrong, Junaid Mohammed
Junaid Mohammed, the current chairman of Peoples Salvation Party is a second republic MP who served as a minority leader of the House in 1979 to 1983. He is fiery and treats issues with utmost frankness it deserves. In this encounter with Saturday Vanguard, Junaid spoke on the policy of the new CBN Governor, amnesty […]
We want militants to get training in oil and gas — N-Delta Minister
As the Federal Government seeks ways of curbing the restiveness in the Niger-Delta region, Minister of States for Niger-Delta, Elder Godsday Orubebe, in this interview with Godfrey Bivbere, speaks on solutions to the problem, what his ministry is doing and the place of the Maritime Academy of Nigeria (MAN), Oron in this effort.
Excerpt:
