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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 […]
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Nigerian Navy confab holds in Uyo

By Kingsley Omonobi Abuja – The Nigerian Navy said yesterday that it would hold its 2009 Chief of Naval Staff Annual Conference in Uyo, Akwa Ibom State with experts from several African countries, including Navies of South Africa and Ghana invited to deliberate on how to rise up to the challenges posed by sea piracy […]

Ebonyi LCDA to build secretariat

Abakaliki – Even with the Federal Government against the Lagos state government over Lagos creation of development councils, the Onicha-West Development Council in Ebonyi state, has listed provision of befitting council secretariat for staff accommodation as its core priority. Coordinator of the Development Centre, Mr. Chukwuemeka Mgbeke, who spoke yesterday, when he conducted newsmen round […]

Jigawa to set up Cassava processing firm

By Aliyu Dangida Dutse – Jigawa state government has announced its plan to set up a Cassava processing company in Gwaram Local Government Area of the state in order to improve the trade and industry base of the state. This was reavealed by the state Commissioner for Information, Youth, Culture and Sports, Alhaji Aminu Mohammed. […]

Kidnapping: How my abductors planned the Awka bank robbery, by Okeke, GUO boss

By Vincent Ujumadu Awka -  Chief Godwin Okeke, chairman of G.U.O Group of Companies who was kidnapped on  Sunday and released by his captors on Monday evening has said that it was the same people who kidnapped him that robbed a bank in Awka on Monday during which two people were feared dead and property […]

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