The Nigerian Senate on Tuesday canvassed application of death penalty to rapists as part of measures to curb the crime. Besides resolving on death penalty for offenders, the lawmakers underscored the necessity to review relevant laws as well as open…
NSE Admits Airtel Africa At N363 Per Share
The Nigerian Stock Exchange (NSE) has announced the Cross Border Secondary Listing of 3,758,151,504 ordinary shares of Airtel Africa Plc. The shares were listed on Tuesday at an offer price of N363 per ordinary share on the Main Board of…
Nigeria Explains Dispute With Switzerland Over Detained Ship
The Federal Government says it has successfully defended its rights in the dispute between the country and Switzerland in an International Tribunal for the Law of the Sea (ITLOS). Adetayo Apata, the Solicitor General of the Federation (SGF) and Permanent…
Fidelity Private Bank Wins At PWM Global Wealth Tech Awards
Fidelity Bank won the ‘Best Digital Networking Bank For Entrepreneurs, Africa 2019’ at 2019 PWM Wealth Tech Awards held in London, United Kingdom (UK) recently. Organized by Professional Wealth Management (PWM), a Financial Times Publication, the awards celebrate excellence in…
Bank Backs AfCFTA With $1b
The African Export-Import Bank (Afreximbank) says it is providing one billion dollars grant to African countries to support the implementation of the Agreement for the African Continental Free Trade Area (AfCFTA). In a statement by Afreximbank’s spokesman, Mr Obi Emekekwue,…
Coscharis Welcomes New 7 Series
The all new BMW 7 series is has arrived in Nigeria courtesy Coscharis Motors. The BMW brand flagship comes with a more distinctive, luxurious and outstanding dynamics. It stands out with its prestigious, elegant appearance, superlative comfort and exceptionally sporty…
SEC Tasks Stockbrokers on Professionalism, Capital Market Growth
The Securities and Exchange Commission ( SEC) has urged members of the chartered Institute of Stockbrokers, CIS to continue to uphold the tenets of the noble profession and strive to contribute to the growth of their respective organizations, and the…
Anambra Implores FG On Death of Ndubuisi-Chukwu In South Africa
Governor of Anambra State, Willie Obiano has urged the Federal Government to investigate the alleged murder of Mrs Obianuju Ndubuisi-Chukwu’s in Johannesburg. Mr Don Adinuba, Anambra State Commissioner for Information and Public Enlightenment, in a statement advised the Federal Government…
Photo News
L – R (A) shows Mr. Bola Adeeko, Head, Shared Services Division, The Nigerian Stock Exchange (NSE); Ms. Tinuade Awe, Executive Director, Regulation, NSE; Mr. Oscar N. Onyema, OON, Chief Executive Officer, NSE; Ms. Mary Uduk, Acting Director General, Securities…
Group Tasks National Assembly On Nigerian Railway’s 1955 Legal Status
By Moses Ebosele, ebosele@hotmail.com – A continental railway advocacy group, African Railway Roundtable has challenged the new leadership of Nigeria’s National Assembly to immediately revive and accelerate passage of the bill which seeks to amend the 1955 law establishing and…
NNPC Inspects Drilling Operations In Kolmani
President Muhammadu Buhari is committed to growing Nigeria’s hydrocarbon reserves through the exploration of the various inland basins spread across the country, Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru has said. A press release by…
Uber Set For Benin City Launch
Barring last-minute changes, global ride sharing giant, Uber, will launch operations in Benin City this month, further swelling the ranks of global ride sharing companies operating in the city. This comes after weeks of engagements between government and Uber officials…
Edo Probes Multi-Billion Naira Hospital Contract
Indications emerged at the weekend that Edo State Governor, Godwin Obaseki may probe controversial multi-billion Naira Central Hospital contract awarded by the previous administration. The State Government explained that the administration is “under pressure to set up a Commission…
Shipping Firm Attains First Simultaneous Bunkering Operations
Containerships, a subsidiary of the CMA CGM Group, has performed its first simultaneous operations (SIMOPS) bunkering. The operations allows for the concomitant bunkering of liquefied natural gas (LNG) and execution of loading and unloading procedures. The SIMOPS bunkering was undertaken…