Losses In Banking Stocks Push Indices Down By N76b

Losses In Banking Stocks Push Indices Down By N76b

The equity market on Monday extended a negative position as it recorded N76 billion in losses, following sell-offs in Tier-one banking stocks. The market capitalisation lost N76 billion or 0.09 per cent to close at N29.517 trillion compared to N29.543...
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NDLEA Impounds 63 Bags Of Cannabis, 12,000 Tramadol, Others

NDLEA Impounds 63 Bags Of Cannabis, 12,000 Tramadol, Others

The National Drug Law Enforcement Agency (NDLEA) has intercepted 63 bags of cannabis sativa, weighing 600 kilogrammes and stored in a house at Okpe village in Akoko-Edo Local Government Area (LGA) of  Edo State. A statement issued on Sunday by NDLEA....
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Oba Of Benin Suspends Enojie Over Alleged Planned Revolt 

Oba Of Benin Suspends Enojie Over Alleged Planned Revolt 

The Oba of Benin, Ewuare II, on Sunday endorsed the suspension of Prof. Gregory Akenzua as the Enogie (Duke) of Evbuobanosa Dukedom in Orhionmwon Local Government Area of Edo State. A statement issued by Mr Osaigbovo Iguobaro, Chief Press Secretary...
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Bureau Rates NIMASA High On Corporate Governance

Bureau Rates NIMASA High On Corporate Governance

The Bureau of Public Service Reforms, (BPSR) has described the Nigerian Maritime Administration and Safety Agency, NIMASA, as a “Silver Level” Organisation classed as Level 2, with a performance level of 74 per cent. The bureau said that it implied...
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FG Approves Amendment Of 2022/2023 Deep Offshore Oil Block Bid Round

FG Approves Amendment Of 2022/2023 Deep Offshore Oil Block Bid Round

President Muhammadu Buhari has approved the amendment of the 2022/2023 Deep Offshore oil block mini-bid process to accommodate concerns raised by potential local and international investors. The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) explain...
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Adeleke Assures Of Osun Airport Speedy Completion

Adeleke Assures Of Osun Airport Speedy Completion

Osun STATE Governor, Sen. Demola Adeleke, assured in Abuja on Saturday that the MKO Abiola Airport in Ido- Osun, would be completed speedily as all hurdles impeding its completion would soon be removed. Adeleke gave the assurance when he visited...
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NPA At Enugu Trade Fair, Explains Lekki Seaport Potentials, Job Opportunities

NPA At Enugu Trade Fair, Explains Lekki Seaport Potentials, Job Opportunities

The Lekki multi-purpose seaport is expected to generate more than 170,000 direct and indirect jobs for Nigerians, the Nigerian Ports Authority (NPA),  has reiterated. The Lekki Deep Seaport was commissioned for operations by President Muhammadu Buhari on ...
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Lagos Inaugurates Oba Sekumade Road

Lagos Inaugurates Oba Sekumade Road

Lagos State Governor, Babajide Sanwo-Olu on Friday inaugurated the 2.5 kilometres reconstructed Oba Sekumade Road, Ipakodo, in Ikorodu Local Government Area. The governor also inaugurated the strategic sectional reconstructed TOS Benson Road, Ipakodo, in the a...
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Union Bank, CIG Motors Seal Auto Finance Partnership

Union Bank, CIG Motors Seal Auto Finance Partnership

Union Bank of Nigeria has signed a commercial partnership agreement with Choice International Group (CIG) Motors Limited, a member of CIG Group of Companies, to provide auto financing services to the Bank’s customers.  The deal, signed at Union Bank’s...
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Royal Queens Hold Inaugural Conference

Royal Queens Hold Inaugural Conference

For the first time in Nigeria, about 120 Royal Queens converged at the Ile Oduduwa, the Palace of the Ooni of Ife, Osun State on March 30, 2023 to commemorate Black Women’s History Month. The conference, organised by Olori Ronke...
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Coscharis Renault Delights Golfers At Uche Okpuno 1st Memorial Pro-Am Tournament

Coscharis Renault Delights Golfers At Uche Okpuno 1st Memorial Pro-Am Tournament

Coscharis Motors, the exclusive representative of the iconic French automobile brand, Renault vehicles in Nigeria gave members and friends of the late Golf buff, Chief Luke Uche Okpuno a memorable experience of the French brand during the recently held memoria...
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Experts Explore 25 Tomato, Pepper Seed Varieties In Nigeria

Agricultural experts at Prime Agro Seed in collaboration with Netherland-based agro solutions firm, PROFYTA, have commenced trial of 25 tomato and pepper seed varieties as part of measures to boost production.  Speaking at a seed exhibition event on Frida...
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Edo Refinery Targets $125m Per Annum From Export

Edo Refinery Targets $125m Per Annum From Export

The Edo Refinery and Petrochemical Company (ERPC) Limited, operators of the 6000bpd Modular Refinery in Ologbo, Ikpoba Okha Local Government Area, is making about $125m per annum from the export of naphtha, one of the products from its plant. The...
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Okomu Oil Task Communities On Project Maintenance 

Okomu Oil Task Communities On Project Maintenance 

By Moses Ebosele, ebosele@hotmail.com — Okomu Oil Palm Company Plc has trained executive members of neighbouring communities on how to manage projects situated in their respective communities effectively. The Acting Managing Director of the Company, Mr ...
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