archiveAugust 2019

Dangote Petrol Chemical Refinery currently under construction in Lekki Area of Lagos will not be ready until the end of 2020, an executive director with the group company has said. The plant, considered to be Africa’s largest oil refinery was initially expected to start production by early next year, but...

  The Nigerian bourse recorded marginal growth on Thursday after two consecutive days downward trading with the market indices appreciating by 0.05 per cent. Specifically, the All-Share Index rose by 12.79 points or 0.05 per cent to close at 27,424.92 against 27,412.13 achieved on Wednesday due to MTN Nigeria Communications...

Italian clubside Inter Milan have signed on Manchester United’s Belgium striker Romelu Lukaku, the Serie A club announced on Thursday. Local media in Italy reported that the deal was worth 80 million euros (89.61 million dollars). “Inter is not for everyone, that’s why I’m here,” Lukaku, who was wearing the...

Dr Obikwe Kizito, Consultant Paediatrician based in Abuja, has called on nursing mothers to disregard the erroneous belief that breastfeeding causes breasts to sag, saying breastfeeding is the foundation of life. Kizito told the News Agency of Nigeria (NAN) on Thursday in Abuja that the misinformation had become a common...

  MTN, Africa’s largest mobile network by subscribers, said on Thursday that it plans to redeem its Nigeria preference shares for $315 million as part of divestment programme across Africa and middle-East.after reporting a 9.3 per cent drop in earnings. The MTN Group has also raised $140.24 million from asset...

  Access Bank, through its W Initiative has partnered with the Federal Ministry of Women Affairs on the 50 Million Women Speak Project with ECOWAS designed to empower women in business across Africa on skills required to build sustainable businesses. The W Initiative is the home of everything Access Bank...

About  3,804 card carrying members of the All Progressives Congress (APC) in Zamfara State, including a former deputy governor, Alhaji Mutari Anka, former speaker of the state House of Assembly, Bature Sambo, a former commissioner, Alhaji Gurbin Bore, have all decamped to the Peoples Democratic Party  (PDP). Others who decamped...

The World Bank has revealed that it has so far spent around $11billion over the years on projects across the country. Country Director of the World Bank in Nigeria Mr Rachid Benmessaoudade made this disclosure in Abuja on Thursday at the maiden edition of the Nigeria Portfolio Performance Award. He...

Publisher of Sun Newspaper, Orji Kalu, has removed the Managing Director of the company, Mr Eric Osagie, replacing him with Mr Onuoha Ukeh. Ukeh, was until his latest appointment, editor of the daily title of the tabloid after initially serving as its Saturday editor. According to insider sources, Osagie, who...

…as Institute hails gov’s focus on productive, service sectors The Edo State Governor, Mr. Godwin Obaseki, has said that the state government will partner with the Chartered Institute of Taxation of Nigeria (CITN) to drive advocacy campaigns so as to widen the tax net in the state. Obaseki said this...