Hogan Guards Wins Risk Management Solutions Award at 2022 AQAA

By Bliss Okperan The early morning fire that gutted a part of the Supreme Court complex in Abuja has been blamed on an electrical malfunction. The Director of Information of the apex court, Mr Festus Akande, said this on Monday morning when he appeared on Arise Television’s breakfast programme, The Morning Show. According to him, preliminary investigation showed that the fire was triggered by an electrical fault, playing down rumours that the Supreme Court was attacked by arsonists. Attention is on the apex court over the outcome of the presidential election held on Saturday, February 15, 2023. The Appeal Court

By Modupe Gbadeyanka A socio-political group known as Save Enugu Group has congratulated Governor Peter Mbah of Enugu State on his recent Supreme Court victory. The organisation described the victory as well-deserved, urging politicians in the state to join forces with the governor to move the state forward. Last Friday, the country’s apex court dismissed an appeal filed by the candidate of the All Progressives Congress (APC) in the governorship election in the state, Mr Uche Nnaji. The opposition party challenged the victory of Mr Mbah of the Peoples Democratic Party (PDP) in the March 18, 2023, gubernatorial poll, asking

By Precious Olisa Three persons have been confirmed dead due to the heavy downpour that happened in Genere, Rikkos, Bauchi Road and Eto-Baba communities of Jos North Local Government. It was said that the rain lasted for two days. The Zonal Coordinator of the National Emergency Management Agency (NEMA), Mr Eugene Nyenlong, who confirmed the incident, said his agency got a distress call that three persons had died as a result of the flood that occurred. “As I speak to you, we are moving to the scene with other stakeholders to have an on-the-spot assessment of the disaster and also

By Adedapo Adesanya The Group Managing Director (GMD) of the Nigerian National Petroleum Company (NNPC) Limited, Mr Mele Kyari, is not heading to the exit door despite speculations amid continued organisational changes to the management of the state oil company. In a statement on Monday night, it was stated that in “addition to the recent exit of three Executive Vice Presidents, other Management Staff with less than 15 months to statutory retirement will be exiting the company effective 19th September 2023.” What this means is that the exit is happening downward since three Executive Vice Presidents were changed over the

Dipo Olowookere The first trading day on the floor of the Nigerian Stock Exchange (NSE) after President Muhammadu Buhari was sworn in for a second term in office yesterday ended bearish. Business Post reports that the stock market depreciated by 0.17 percent on Thursday as investors embarked on profit-taking and wait to hear how the President intends to run his administration in the next four years. During his inauguration on Wednesday, President Buhari failed to deliver any speech. It was said that the speech is to be delivered on June 12, 2019, when the country will mark Democracy Day. At

By Dipo Olowookere The management of Dangote Cement Plc has disclosed that the success it achieved in the issuance of the N50 billion Series 1 and 2 Notes under its 150 billion Commercial Paper Programme was mainly because of its market-leading positions in Nigeria and across Sub-Saharan Africa, where demand for cement is growing rapidly. Group Chief Executive Officer of the company, Mr Joseph Makoju, made this disclosure in a statement issued by the cement manufacturer. On June 27, 2018, Dangote Cement Africa’s largest cement producer, announced its N50 billion Series 1 and 2 Notes to be listed on Nigeria’s

By Modupe Gbadeyanka All is now set for the launch of a bespoke women empowerment proposition of the Ecobank Group called Ellevate on Wednesday, July 7, 2021. The special guest of honour is the Managing Director, Development Bank of Nigeria, Mr Tony Okpanachi, while the panellists are the founder,  Health Africa, Fola Laoye; founder, Braveline Growth Partners, Taba  Peterside; and founder of Ruff n Tumble, Nike Ogunlesi. The event will be moderated by Tolulope Babajide, the Innovations and Partnerships Advisor on (Nigeria for Women Project), a World Bank-supported project. A statement from the lender disclosed the initiative, being launched in

By Adedapo Adesanya The last trading session of August 2022 on the floor of the NASD Over-the-Counter (OTC) Securities Exchange ended on a positive note on Wednesday with a 0.24 per cent growth. This boosted the market capitalisation of the OTC exchange by N2.4 billion to N1.007 trillion from N1.005 trillion and raised the NASD Unlisted Securities Index (NSI) improved by 1.83 basis points to end the day at 765.31 points in contrast to the previous day’s 763.49 points. Yesterday, Central Securities Clearing System (CSCS) Plc appreciated by 40 Kobo to settle at N14.40 per share compared to N14.00 per

By Dipo Olowookere Publicity Secretary of the All Progressives Grand Alliance (APGA) in Edo State, Mr Paul Okolie, has expelled from the party for defecting to the All Progressives Congress (APC). Mr Okolie was axed by APGA alongside other members over alleged anti-party activities. On Monday, the APGA spokesman in the state led 1,000 of his supporters, including executive members and chieftains of APGA, to the APC ahead of the rescheduled September 28, 2016 governorship election in Edo State. Addressing journalists in Benin City, Mr Okolie had noted that his decision to leave APGA was based on the conviction that

By Modupe Gbadeyanka Justice Abiola Adewemimo of the Benin Judicial Division of the National Industrial Court of Nigeria has ordered Fidson Healthcare Plc to pay the sum of N4 million to its former employee, Mr Obateru Olufemi Abidemi, for illegally withholding his first degree certificate despite asking for it to be returned to him. Business Post reports that Mr Abidemi worked with Fidson as a pharmacist for over two years and one of the conditions for getting the job in August 2007 was for him to deposit his Bachelor of Pharmacy degree certificate with the company. However, trouble started after

By Modupe Gbadeyanka The immediate past Managing Director and Regional Executive of Ecobank Nigeria, Mr Patrick Akinwuntan, has joined the Lagos Business School as an adjunct faculty. This information was disclosed by the Pan Atlantic University (PAU), a foremost private tertiary institution in the country, which operates the renowned business school. As an adjunct instructor, the retired banker will lecture students of the institution on a part-time and contractual basis. He is taking them on finance, his area of expertise. Before retiring in 2022, Mr Akinwuntan had a 26-year banking career at Ecobank and has the extensive board-level experience, including