archiveJuly 21, 2019

  The Presidency has dismissed Peoples Democratic Party’s allegation that the one billion dollars drawn from the Excess Crude Account was spent by the Muhammadu Buhari administration on the 2019 general elections. The Peoples Democratic Party (PDP) in a statement on Sunday asked Buhari to explain to Nigerians what his...

  Citigroup and Standard Bank are also working on the share sale Listing could value Helios’s Interswitch at up to $1.5 billion   Interswitch, a Nigeria-based payments firm, has hired advisers to resurrect plans for a stock-market listing in London and Lagos later this year, people familiar with the matter...

The African Development Bank (AfDB) has commended the commercial agriculture programme and the high tech medical initiatives of Afe Babalola University, Ado Ekiti (ABUAD). Senior Director, AfDB’s Country Department, Mr Ebrima Faal, gave the commendation in Ado Ekiti on Sunday during the bank’s facility tour of the institution. According to...

Says Oyo open to investors Oyo State Governor, Engineer Seyi Makinde has declared that critics of his style of open governance cannot distract his government from recording giant strides in the State. The governor, who made the declaration while speaking at the inauguration of the South West Chapter of the...

  A financial expert, Prof. Uche Uwaleke, has advised the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) to reduce the Monetary Policy Rate (MPR) by 50 basis points. Uwaleke gave the advice in an interview with the News Agency of Nigeria (NAN) on Sunday ahead of...

Gareth Bale’s tenure with Real Madrid could come to an end in a matter of days after manager Zinedine Zidane said the club were working on offloading the Welsh international. Bale, 30, has won four Champions League titles since joining Madrid from Tottenham Hotspur in 2013 for a then world...

Gov. Babajide Sanwo-Olu of Lagos State has promised to remobilise the contractor handling the Pen Cinema flyover in Agege area of the state back to site soon. Sanwo-Olu gave the assurance on Sunday in an interview with newsmen during an inspection of roads under rehabilitation by the Lagos State Public...

The Securities and Exchange Commission (SEC) has warned newly qualified authorised dealing clerks of the Nigerian Stock Exchange (NSE) that the Commission has zero tolerance for unethical practices in the capital market, noting that steps  were being taken to ensure more effective regulatory oversight as well as advance investor protection...

The Chairman, Independent Corrupt Practices and Other Related Offences Commission (ICPC), Prof. Bolaji Owasanoye, said the nation had spent about N2 trillion on constituency projects without commensurate development at the grassroots. The Commission’s spokesperson, Mrs Rasheedat Okoduwa, in a statement in Abuja on Sunday quoted the chairman as saying it...

The Deputy Senate Majority Leader, Ajayi Boroffice,  has said that the legislative arm was not happy with growing security challenges that are bedevilling the country. He spoke when he and other members of the National Assembly visited Pa Reuben Fasoranti at his residence in Akure to commiserate with him over...