archiveOctober 2019

African mobile networks operator Helios Towers Ltd. priced its initial public offering at 115-145 pence per share on Wednesday, a source familiar with the matter told Reuters, implying a total valuation of $1.42 billion to $1.79 billion. The London Stock Exchange Group offices are seen in the City of London,...

President Muhammadu Buhari will depart  Abuja  today on a three-day state visit to the Republic of South Africa, following an invitation by President Cyril Ramaphosa, to discuss welfare of Nigerians, and find common grounds for building harmonious relations with their hosts. The visit comes against the background of recent xenophobic...

      Ethiopian Airlines’ operating revenue jumped nearly 30% in the year to July 31, a senior government official said on Tuesday, helped by a surge in passenger numbers. Operating revenue jumped by 28.6 per cent year on year to 114.6 billion birr ($3.9 billion), said Wondafrash Assefa, head...

A month after the Central Bank of Nigeria (CBN) directed all commercial banks in the country to ensure that their loan book should be 60 per cent of total deposit; the apex bank has increased the ratio to 65 percent In a letter sent to all deposit money banks, the...

  Federal Ministry of Communications (FMC), has frowned at wrongful profiling of young persons operating computing devices, urging for restraint. The spokesperson for the communications minister, Uwa Suleiman, in a statement on Tuesday, conveyed the ministry’s disapproval over “widespread harassment of young Nigerians with personal computers, tablets or phablets in...

  The Christ Embassy church says it will soon launch its pidgin version of the Holy Bible to further propagate the words of God. Pastor Eddie Owase, Head of the Warri Ministry Centre of the Christ Embassy, disclosed this on Tuesday night in Warri as part of activities by the...

  The World Bank has appointed Mr Shubham Chaudhuri as the new Country Director for Nigeria, succeeding Mr Rachid Benmessaoud who completed his term recently. A statement issued by the World Bank’s Senior Communications Officer, Nigeria, on Wednesday in Abuja, said Chaudhuri assumed office on Tuesday. It said that Chaudhuri,...

The Presidency has disowned a support group’s commentary, advocating for constitutional amendment to give room for presidential third term limit to enable President Muhammadu Buhari to extend his tenure beyond 2023. A statement by Malam Garba Shehu, the President’s Senior Special Assistant on Media and Publicity, late Tuesday night in...

    Anxiety in Kano and Sokoto states is palpable as election petitions tribunals will today deliver judgments in the cases challenging the election of Governors Abdullahi Umar Ganduje and Aminu Waziri Tambuwal, respectively. Daily Trust reports that the apprehension in the two states is because of the complexities of...

After successful first term implementation SIP schemes now moving to full fledge ministry status as part of sustainability process Wide commendation for impact by Action Aid (Nigeria), ANEEJ, NESG Global awards include African Bankers’ Awards’ financial Inclusion Award 2019 for GEEP scheme WEF Public Social Entrepreneur award African Leadership Institute...