archiveSeptember 10, 2017

Aliko Dangote, Africa’s richest man, is among those considering counter-offers for PPC Group Limited that could signal a bidding contest for South Africa’s largest cement maker, according to reports. Dangote Cement Plc sees a bid for the Johannesburg-based company as a way to accelerate expansion outside its home market of...

The 2017 Nigerian Independence Day parade in the USA would attract no fewer than 150,000 participants, the largest African parade in the U.S. The annual event holds every October in New York since 1991 and is also the largest gathering of Nigerians outside of their homeland. The organising committee of...

The President/Chief Executive of the Africa Finance Corporation (AFC), Mr. Andrew Alli and other leading experts in the financial sector are expected to proffer solution to the challenges of infrastructure financing in the country, at the 2017 annual conference of the Finance Correspondents Association of Nigeria (FICAN). Others expected at...

CORRUPTION - the monster that has consistently held down Nigeria’s development aspirations took the center stage in this week’s episode of Patito’s Gang broadcast on Channels Television Dstv network at 4:30pm on Saturday, September 9, 2017 with the repeat broadcast scheduled for Monday, September 11, 2017 at 8:30pm on the...

“Our country is gifted with some of the best in the world and that is the majority of Nigerians”. The Vice President, Prof. Yemi Osinbajo, SAN, GCON, has advised Nigerians to define themselves with the best that the nation has and not the worst. He gave the advice at a...

The Central Bank of Nigeria (CBN) has said that currency in circulation appreciated to N1.86 trillion in August 2017, 5.6 per cent increase over N1.76 trillion in July. The N1.86 trillion currency in circulation is the third lowest, after N1.76 trillion in July and N1.87 trillion in June as the...

In order to attract private capital to conflict zones like Nigeria to help some of the world’s neediest people, while giving investors a return on their money, the Red Cross has unveiled a funding model along that line. According to Reuters, the funding model called “Humanitarian Impact Bond” was set...

Trading in the shares of Access Bank Plc, Guaranty Trust Bank Plc, Zenith International Bank Plc (measured by volume) accounted for 320.549 million shares worth N6.909 billion in 2,643 deals, contributing 36.14 per cent and 39.59 per cent to the total equity turnover volume and value respectively for the week...