IPO: University students hail Dangote Foundation’s free share initiative
…Foundation engages campus journalists on IPO By Udeme Akpan University students across Nigeria have welcomed the Aliko Dangote Foundation’s Student Share Grant Initiative, describing it as an opportunity to participate in wealth creation and gain practical investment experience through the ongoing Initial Public Offering, IPO, of Dangote Petroleum Refinery and Petrochemicals FZE, DPRP. As part […]
Rabiu faults CBN on N3.3bn debt
Chairman of IRS Airlines, Alhaji Rabiu I. Rabiu, yesterday dismissed claims by the Central Bank (CBN) that his airline was owing Universal Trust Bank N3.3 billion, saying the only facility it took from the bank and which the airline had been servicing was not more than N1.05 billion.
Police arrest 4 members of kidnap gang
The Police in Lagos have smashed a kidnap syndicate, arresting four of its members responsible for the kidnap of a 14-year-old boy last month in Ikotun-Egbe area of Lagos.
No court order stopping govt from shanties’ demolition, says Amaechi
Governor Rotimi Amaechi of Rivers State has said that there was no court order or injunction barring him and the state government from going ahead with the planned demolition of shanties and slums in Port Harcourt waterfronts.
Court restrains Globacom, Igbini from trespassing on land
A High court sitting at Ughelli, Delta State has restrained Globalcom Nigeria limited and one Chief Peter Igbini from further trespassing on a portion of land belonging to one Chief E.K. Stanley Onosigho, pending the hearing and determination of the substantive Suit No. UHC/36/2009.
FG sets 8-yr tenure for permsecs, directors
The Federal Government has set a four-year tenure renewable only once for permanent secretaries in the federal civil service. An authoritative source said yesterday in Abuja that President Umaru Yar’Adua had already approved the new regime.
