NSE Members Assent To Demutualisation Resolutions

NSE Members Assent To Demutualisation Resolutions

Members of the Nigerian Stock Exchange (NSE) have passed requisite resolutions for the demutualisation of The Exchange .At a Court Ordered Meeting (COM) and an Extraordinary General Meeting (EGM) held on Tuesday, March 3, 2020 at The Grand Banquet Hall,...
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First Bank Photo News

First Bank Photo News

Rumen Radev, President of Bulgaria and Adesola Adeduntan, Chief Executive Officer, First Bank of Nigeria Limited during a courtesy visit by Dr. Adeduntan to the Bulgarian President at Sofia, Bulgaria.
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DPR  Seals Seven Cooking Gas Plants

DPR Seals Seven Cooking Gas Plants

The Department of Petroleum Resources (DPR) on Tuesday intensified efforts to curtail incidence of gas explosion in Lagos State with the closure of seven Liquefied Petroleum Gas (LPG) plants.The oil and gas industry regulator said the affected LPG (cooking gas...
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FirstBank Boss At FinTech Summit In Bulgaria, Explains Fresh Innovations, Empowerment

FirstBank Boss At FinTech Summit In Bulgaria, Explains Fresh Innovations, Empowerment

By Moses Ebosele, ebosele@hotmail.com The Chief Executive Officer, First Bank of Nigeria Limited, Dr. Adesola Adeduntan participated as a keynote speaker at the just concluded  Annual FinTech & InsureTech Summit held In Bulgaria.A statement issue...
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Coronavirus: Emirates Airline Asks Staff To Proceed On One Month Unpaid Leave

Coronavirus: Emirates Airline Asks Staff To Proceed On One Month Unpaid Leave

Major international airline, Emirates, is asking staff to take unpaid leave for up to a month at a time due to the rapidly spreading coronavirus that has led to flight cancellations around the world.Emirates has cancelled flights to Iran, Bahrain...
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Sanwo-Olu Commissions UBA Business Office

Sanwo-Olu Commissions UBA Business Office

The United Bank for Africa (UBA) has officially added a new touch point to its network. UBA operates in 20 African countries and in the United Kingdom, the USA and France.  The new branch in Afriland towers on the Lagos...
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Hyundai Delivers 275,044 Vehicles In February

Hyundai Delivers 275,044 Vehicles In February

For the Month of February, 2020, Hyundai Motor on Monday reported sales of 275,044 vehicles, 13% below 315,820 vehicles sold a year earlier,as the coronavirus outbreak hurt demand. South Korea’s Hyundai, which with affiliate Kia Motors is the world&#8217...
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Court Bars Hospitals From Demanding Compulsory Blood Donations From Pregnant Women

Court Bars Hospitals From Demanding Compulsory Blood Donations From Pregnant Women

An Ikeja High Court has ordered government hospitals in Lagos State to stop demanding compulsory blood donations from women seeking antenatal and maternity services.Justice Raliat Adebiyi, in the judgment delivered on Monday, also restrained government hospita...
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Navy Impounds 956 Bags Of Rice

Navy Impounds 956 Bags Of Rice

The Nigerian Navy, Forward Operating Base (FOB), Ibaka, in Mbo Local Government Area of Akwa Ibom, has arrested 10 suspects for allegedly  smuggling 956 bags of banned 50kg rice in the state.The Commanding Officer, Capt. Peter Yilme made the disclosure...
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Hyundai Unveils New Grand i10

Hyundai Unveils New Grand i10

Hyundai Motor has unveiled new 1.0-litre turbo GDi engine variant of Grand i10 Nios hatchback in the Indian market.  According to Hyundai, the Grand i10 Nios turbo is based on Sportz trim while the new BS-VI compliant 1.0-litre turbo-petrol engine...
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Dry Bulk Shipping CEO Steps Down

Dry Bulk Shipping CEO Steps Down

Torben Janholt,  Chief Executive Officer of the dry bulk shipping company Pioneer Marine Inc. is retiring from his role effective March 1, 2020. He has been a member of the Pioneer Marine board of directors since 2013. “I have decided...
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Diri: Expect My Cabinet In Three Months

Diri: Expect My Cabinet In Three Months

Governor  Douye Diri of Bayelsa says he will constitute his cabinet “in the next three months”. The News Agency of Nigeria (NAN), reports that Diri disclosed this at a Thanksgiving Service held at the King of Glory Chapel, Government House,...
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NSE Market Capitalisation Loses N308b

NSE Market Capitalisation Loses N308b

Trading on the Nigerian Stock Exchange (NSE) on Friday ended on panic mood, as the country recorded the first Coronavirus case after Egypt and Algeria. The News Agency of Nigeria (NAN) reports that the panic mood affected trading on the...
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Nigeria Confirms First Coronavirus Case

Nigeria Confirms First Coronavirus Case

Nigerian Federal Ministry of Health has confirmed  first case of Coronavirus after an Italian national tested positive to the virus. The case was confirmed on Thursday.“The case is an Italian citizen who entered Nigeria on the 25th of February from...
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