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NASENI, Nasarawa State, Firm Partner to Establish Tractor Manufacturing Plant in North-Central Geo-political Zone; Gov. Sule Visits NASENI to Discuss Project

by Olusegun Edwards
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The National Agency for Science and Engineering Infrastructure (NASENI), is set to collaborate with Nasarawa state government and Bobtrack Tractors, a division of Saint Bob Motors Limited to start the manufacturing and assembling of tractors in the north-central geo-political zone. The facilities and infrastructure available at one of NASENI’s Institutes, Agricultural Machinery and Equipment Development […]

Again, Dangote Reduces Diesel, Aviation Fuel Prices Further to N940, N980 Respectively

by Olusegun Edwards
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Dangote Petroleum Refinery has again announced a further reduction in the prices of both diesel and aviation fuel to N940, N980 per litre respectively. This is coming in the wake of its widely celebrated price reduction to N1,000 barely two weeks ago. The price change of N940 applies to customers buying five million litres and […]

FirstBank Holdings Names Olusegun Alebiosu Acting Chief Executive of FBN, Replaces Adeduntan

by Olusegun Edwards
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The Board of FBN Holdings Plc, yesterday, announced the appointment of Mr. Olusegun Alebiosu as acting Chief Executive, First Bank of Nigeria Limited (FirstBank), its flagship subsidiary. The appointment came on the heels of the recent resignation of the bank’s Managing Director/Chief Executive, Dr. Adesola Adeduntan. In a statement to the Nigerian Stock Exchange, the […]

ETI Says Successful Repayment of $500m Eurobond Completed

by Olusegun Edwards
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Ecobank Transnational Incorporated (ETI) announced on the Nigerian Exchange Limited (NGX) that it has successfully repaid its $500 million 5-year Eurobond that matured on April 18, 2024. The Eurobond, which was issued in April 2019 was listed on the London Stock Exchange with a coupon rate of 9.5per cent. The bond garnered support from diverse […]

Access Bank to Reward Customers With N200m, 3 SUVs in Promo

by Olusegun Edwards
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Access Bank has announced the unveiling of the sixteenth season of DiamondXtra, a savings and reward account program, in Lagos. This season of the special interest-yielding hybrid account, which permits deposits of both cash and third-party cheques, has been enhanced with exciting prizes for customers. Participants stand the chance to win prizes totaling N200 million, […]

Transcorp Power Posts 775% PBT Jump in Q1 2024 Along Impressive Revenue Growth

by Olusegun Edwards
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Transcorp Power Plc (Transcorp Power), one of the electricity generating subsidiaries of Nigeria’s leading, listed conglomerate, Transnational Corporation Plc (Transcorp Group), has demonstrated impressive financial performance in its released Q1 2024 unaudited financial statements, for the period ended March 31, 2024. The Company recorded N67.86 billion in gross earnings, compared to N21.04 billion reported in […]

Court Grants Nigerian’s Plea to Amend $150m Suit Versus Google, GoDaddy.Com

by Olusegun Edwards
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A Nigerian Federal High Court, sitting in Abuja has granted an application by a Nigerian, Mr Chianugo Peter, to amend his originating processes filed to seek $150 million in compensation from Google and GoDaddy.com. Justice Obiora Egwuatu granted the application after lawyer to Google LLC, Oluwaseyi Ogundiran of Aluko & Oyebode Law Firm, did not […]

Ecobank Partners Nigeria Chess Federation, Set to Host Competition

by Olusegun Edwards
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Ecobank Nigeria Limited, a subsidiary of the Ecobank Group, has entered a strategic partnership with the Nigeria Chess Federation (NCF) to host the 2024 National Schools’ Team Chess Competition. Ecobank in a statement said the competition is scheduled to hold between in May 2024, is open to students from primary, Secondary and Tertiary education level […]

29 Suspected Yoruba Nation Agitators Remanded By Court

by Olusegun Edwards
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A Chief Magistrates’ Court in Iyaganku Ibadan, the Oyo State capital, has ordered the remand of 29 suspected Yoruba Nation agitators for invading the premises of the state Secretariat in Ibadan on Saturday. The defendants were arraigned on Wednesday for their various involvements in the failed invasion of the secretariat and the Governor’s Office. Some […]

Oyo LG Poll: Makinde, Rates PDP Better Than APC, LP, NNPP

by Olusegun Edwards
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With the local government election scheduled to hold on the April 27th in Oyo State, Governor Seyi Makinde has said that the Peoples Democratic Party (PDP) remains the best option among other political parties in the state. He declared that PDP “is better and people-oriented” than the APC, Labour Party, NNPP and others. Makinde said […]

FG Sacks Advertising Body Over Approval of ‘All Eyes on The Judiciary’ Billboards

by Olusegun Edwards
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The Federal Government has sacked the Advertising Standard Panel (ASP) for approving the trending ‘All Eyes on The Judiciary’ billboards. The Director-General of the Advertising Regulatory Council of Nigeria (ARCON), Dr. Olalekan Fadolapo, confirmed the dissolution of the panel in a statement on Tuesday, 15th August 2023. The sacking of the board followed the position […]

BridgeGap Introduces Innovative App, 56 Bridge, to Ease Recruitment Processes, Improve Efficiency

by Olusegun Edwards
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In line with its vision of streamlining human resource functions and processes in the workplace, BridgeGap has launched 56 Bridge, a recruitment app which will revolutionise job applications, improve efficiency and reduce bottlenecks in the recruitment process for organizations. The 56 Bridge app, which was launched in Lagos on Tuesday, August 9th, 2022, is primed […]

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