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Business

liquid government bonds market

Nigeria to Auction N450bn Bonds Today, Introduces New 3-Year Tenor

March 18, 2024
By Aduragbemi Omiyale Sovereign bonds worth N450 billion will be auctioned at the primary market on Monday, March 18, 2024, by the Debt Management Office (DMO) on behalf of the Nigerian government. The debt office is offering the paper for sale today in three tenors, with two re-opening and one being a new maturity, with each valued at N150 billion.
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NNPC Contract Approval Threshold

Tinubu Raises NNPC Contract Approval Threshold to $10m

March 18, 2024
By Adedapo Adesanya President Bola Tinubu has raised the contract approval threshold for the Nigerian National Petroleum Company (NNPC) Limited to a minimum of $10 million or its equivalent in Naira. In an executive order issued in Abuja, the President also directed that the approval period for every of the contract stages should not exceed 15 days. The order also
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dangote consumer is king

Consumers Must Know Key Information About Products, Services—Dangote

March 18, 2024
By Aduragbemi Omiyale Manufacturers and others have been charged to focus on consumers’ rights, as they are entitled to know all the key information on the products and services they are paying for. This was the submission of the Group Executive Director for Commercial Operations at Dangote Industries Limited (DIL), Ms Fatima Aliko Dangote. The daughter of Africa’s richest man,
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NGX investors

In Five Days, Investors Transact 1.773 billion Shares Worth N52.867bn in 44,713 Deals

March 18, 2024
By Dipo Olowookere In one week, 1.773 billion shares worth N52.867 billion were transacted by investors in 44,713 deals on the floor of the Nigerian Exchange (NGX) Limited versus the 2.157 billion shares valued at N108.824 billion traded a week earlier in 51,556 deals. Transcorp, GTCO, and Access Holdings accounted for 677.439 million shares worth N17.287 billion in 7,789 deals,
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NASD Exchange bullish

NASD Exchange Loses 4.4% in 11th Trading Week of 2024

March 18, 2024
By Adedapo Adesanya The 11th trading week of 2024 at the NASD Over-the-Counter (OTC) Securities Exchange ended on a bad note after a week-on-week loss of 4.4 per cent, the third consecutive week. Recall that the first eight trading weeks of the year were bullish at the alternative stock market, but things turned the other direction from Week 9 and
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Politics

Lagos-Calabar Coastal Highway

SERAP to Sue Umahi Over Lagos-Calabar Coastal Highway Project

May 2, 2024
By Adedapo Adesanya The Socio-Economic Rights and Accountability Project (SERAP) has threatened to sue the Minister of Works, Mr Dave Umahi, regarding the Lagos-Calabar Coastal Highway project, which has spurred much outrage. According to a post on X, formerly known as Twitter, SERAP charged Mr Umahi to disclose if the federal government carried out an environmental and social impact assessment on
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Travel

Latest

6 Ways To Save Money At Lagos Hotels

By Nkem Ndem Lagos City can feel extremely expensive, at least compared to anywhere else in Nigeria. When vacationing in the city, it is easy to overspend and forget about your budget, especially if you are staying in any of the many
August 13, 2016

AHF Africa Seeks End To New HIV Infections

AIDS Healthcare Foundation (AHF) Africa Bureau has charged the global community to speed up interventions in order halt the spate of new HIV infections and AIDS related deaths among young people. The charge was made in commemoration of the 2016 International Youth
August 12, 2016

Hilton Hotels & Resorts Opens In Edinburgh

On Friday, August 12, 2016, Hilton Hotels & Resorts announced the official opening of Hilton Edinburgh Carlton, marking the 16th property in the Hilton Worldwide portfolio of brands in Scotland and the eighth Hilton Hotels & Resorts hotel in the country. More
August 12, 2016

3 Life Truths Nigerians Need To Accept

By Nkem Ndem Nigerians in today’s times are different from those that existed in the past and that is understandable as the society seem to have changed with the times. Aside from the fact that government officials are rarely within the coveted
August 12, 2016

Top 6 Useful Apps For Avid Readers

By Adeniyi Ogunfowoke Technology is changing almost everything around us including our reading habits. In the past when there were no apps, book lovers had to visit bookstores to buy books authored by their favourite writers. This is no longer the case
August 12, 2016

Old Mutual Seals $700m Investment Deals In Nigeria

The dwindling Nigerian economy is expected to receive a huge boost with the pumping of about $700 million into it. It is no longer a secret that the economy is struggling and businesses in Nigeria finding it very hard to survive, including
August 12, 2016

Buhari Congratulates Oyegun On 77th Birthday

President Muhammadu Buhari has felicitated with the National Chairman of All Progressives Congress, APC, Chief John Odigie Oyegun as he marks his 77th birthday on August 12, 2016. Buhari, in a statement signed by one of his media aides, Femi Adesina, joined
August 12, 2016

6000 Kids For Cowbell Summer Camp

The 2016 Cowbell Chocolate summer camp is expected to have not less than 6,000 children participating, the organisers have said. The kids are drawn from several schools across the country. At the six-day summer camp tagged ‘Chocademy’, opens in Makurdi, Benue State
August 12, 2016

Protesters Block Chevron Depot In Delta

On Thursday, August 11, 2016, some villagers staged a demonstration outside a Chevron facility in Delta State. The protesters demanded for better attention from the company as well as placements in Chevron. During the protest, personnel of the Nigerian military were deployed
August 11, 2016

Buhari Makes Case For ‘Endangered’ Lake Chad

  An appeal has been made to rich countries in the world to do something urgent to save the Lake Chad from extinction, arising from effects of climate change. President Muhammadu Buhari made this plea when he received the Director-General of UNESCO,
August 11, 2016
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