UBA’s $500M Eurobond oversubscribed 240% by global investors

UBA’s $500M Eurobond oversubscribed 240% by global investors

United Bank for Africa Plc (UBA) successfully raised $500 million, though a debut Eurobond, which was 240% over-subscribed.   According to UBA, the significant investor demand reflects the strong global investor appetite for UBA’s credit and support for the Group’s pan-African financial services strategy.  ...
read more
FRSC rescues 401,454 in six years, depoys 1,201 Breathalyzers

FRSC rescues 401,454 in six years, depoys 1,201 Breathalyzers

By Moses Ebosele (ebosele@hotmail.com) –    Between 2011 and 2016, the Federal Road Safety Corps (FRSC) rescued alive not less than 401,454 Nigerians from crash scenes across the country.    Speaking at the just concluded 2017 Nigeria Auto Journalist...
read more
Edo begins negotiation with representatives of Toyota, Yamaha, Mitsubishi, others

Edo begins negotiation with representatives of Toyota, Yamaha, Mitsubishi, others

Edo State Governor, Mr Godwin Obaseki, on Monday, met with executives representing Mitsubishi, Sojitz, Toyota, Sumitomo, Yamaha, Yokogawa, Panasonic and the Japanese Trade Organisation (JETRO) to plan potential investments in Edo state and assure them of avai...
read more
Rullion Capacity Builders holds Women Entrepreneurial Fair 2017 in Lagos

Rullion Capacity Builders holds Women Entrepreneurial Fair 2017 in Lagos

Rullion Capacity Builders Foundation, a non-profit organization, in furtherance of her vision to empower women and young people with the skills to own their own businesses will host a shopping fair on Monday, 26th of June, 2017 by 12 noon...
read more
2017 Budget, an important milestone in Nigeria’s economic recovery, growth, says Osinbajo

2017 Budget, an important milestone in Nigeria’s economic recovery, growth, says Osinbajo

“This is an important milestone in our economic recovery and Growth plan laid in April by President Muhammadu Buhari.    “I would like to express my appreciation to the Senate President, the Speaker of the House of Representatives, as well...
read more
Export of certified yams from Nigeria to U.S, U.K, begins June 29

Export of certified yams from Nigeria to U.S, U.K, begins June 29

Barring any last minute adjustment, Nigeria will formally export its first consignment of certified yams to the United Kingdom and United States of America on the 29th of June, 2017.   According to the Minister of Agriculture and Rural Development,...
read more
At NAJA’s forum, experts seek stricter enforcement of road safety rules, bailout for auto firms

At NAJA’s forum, experts seek stricter enforcement of road safety rules, bailout for auto firms

By Moses Ebosele –    To successfully curtail injuries, loss of lives and properties associated with road accidents in Nigeria, road safety experts have canvassed stricter enforcement of laid down rules and regulations.   Speaking at the 2017 Nigeria...
read more
China donates N60m to Future Assured, Aisha Buhari’s Project

China donates N60m to Future Assured, Aisha Buhari’s Project

In recognition of the effort of Wife of the President, Mrs. Aisha Muhammadu Buhari to improve the lives of women and children across the country, especially victims of insurgency in the North East and on the issue of youth education...
read more
FRSC begins Psychiatric test for traffic offenders July 1

FRSC begins Psychiatric test for traffic offenders July 1

Come July 1, 2017, the Federal Road Safety Corps (FRSC) will resume enforcement of psychiatric tests on traffic law offenders nationwide.   According to Bisi Kazeem, FRSC ‘s Corps Public Education Officer,  in a press statement in Abuja on Monday, Cor...
read more
Liberian-Flagged Ships 1st to Feature ClassNK e-Certificate

Liberian-Flagged Ships 1st to Feature ClassNK e-Certificate

The world’s first comprehensive electronic certificate service for classification and statutory certificates, which will first be available to Liberian-flagged vessels, will enter operation from June 15, classification society ClassNK said. The service, Cla...
read more
Heirs Holdings appoints Fadairo as Director of Marketing, Corporate Communications

Heirs Holdings appoints Fadairo as Director of Marketing, Corporate Communications

Heirs Holdings has announced the appointment of Pelumi Fadairo as Director of Marketing and Corporate Communications.  According to Heirs Holdings, Fadairo will be responsible for driving the Group’s strategic marketing objectives and co-ordinating brand m...
read more
NSE Photo News

NSE Photo News

L – R: Gilles Kolifrath, Partner, Kramer Levin Naftalis & Frankel,  ISDA Member; Irene Robinson-Ayanwale, Head, Legal Department, The Nigerian Stock Exchange (NSE); Abimbola Ogunbanjo, 1st Vice President, NSE; Marilyn Ramplin, Founder, Novia One Group, ...
read more
FG earmarks Ikorodu Terminal for agro-export, tasks NPA, Customs, NAFDAC, others on quality control

FG earmarks Ikorodu Terminal for agro-export, tasks NPA, Customs, NAFDAC, others on quality control

By Moses Ebosele –        Inline with the Presidential order on Ease of Doing business and dedication of Seaports for agro-export, the Federal Ministry of Agriculture and Rural Development (FMARD) has commenced discussions with the Nigerian Ports Aut...
read more
‘NLNG has no outstanding dividend payments to Government’

‘NLNG has no outstanding dividend payments to Government’

The Nigeria LNG Limited (NLNG), at the weekend explained that it has no outstanding dividend payments to Government and “continues to conduct its business in accordance with regulation and the laws of the Federal Republic of Nigeria”.    In a statement....
read more