archiveMay 24, 2021

FMDQ Securities Exchange Ltd has announced the admission for listing the BUA Cement Plc N115 billion series 1 fixed rate senior unsecured bond under its N200 billion bond issuance programme. The issuance, the first by BUA Cement, becomes the largest corporate bond issued in the Nigerian Debt Capital Market (DCM)....

The All Progressives Congress (APC) leaders in South West Nigeria on Sunday met in Lagos to deliberate the way forward over the unabated kidnapping and festering banditry threatening the peace of the nation. The closed-door meeting which lasted about five hours was hosted by the Lagos State Governor, Mr Babajide...

 The Executive Governor of Kaduna State, Malam Nasir El-Rufai has enjoined tax practitioners to research into development of an effective taxation practice that would increase government revenue generation from taxes. Speaking at the opening of the 23rd Annual Tax Conference of the Chartered Institute of Taxation of Nigeria (CITN) in...

The Chairman of Audit Committee Institute (ACI), Christian Ekeigwe, has called for the establishment of Akintola Williams University of Africa. Ekeigwe who is a fellow of The Institute of Chartered Accountants of Nigeria (ICAN) and Certified Public Accountant (CPA, Massachusetts), described Mr. Akintola Williams as the father of the accountancy...

  The Nigeria Centre for Disease Control (NCDC), has recorded 40 new cases of COVID-19, bringing the total number of infections in the country to 166,019. The NCDC disclosed this on its official Twitter handle on Sunday. It stated that the 40 additional infections were from seven states – “Lagos...

The National Drug Law Enforcement Agency (NDLEA) has arrested a Brazil-based drug kingpin after its operatives intercepted 36 blocks of cocaine with a street value of over N8 billion at the Murtala Muhammed International Airport (MMIA), Ikeja, Lagos. The agency also seized the sum of $24,500 bribe offered by the...

The Nation­al Bureau of Statistics (NBS) has revealed that the nation’s Gross Domestic Products (GDP) grew by 0.51 per­cent year-on-year in the first quarter of 2021) despite of the slower pace of economic activities in the period. The NBS disclosed this in the Nigerian Gross Domestic Product (GDP) report for...

Experts have alleged that about N2 trillion is stolen every year in Nigeria by public and private officials, usually with the technical assistance of professionals. In a statement on Sunday, the Chairman, Human and Environmental Development Centre (HEDA) Resource Centre, Mr Olanrewaju Suraju, said that this was the view of...

Unknown gunmen have abducted a student of the Federal University of Agriculture, Abeokuta (FUNAAB), Toyinbo Olayinka and two others. Olayinka, a 400 – level student of Aquaculture and Fisheries Management, was kidnapped on Saturday from a private farm at Abule-Itoko on Abeokuta – Ibadan Road in Odeda Local Government Area...