Posted in Naija News

Saraki is corrupt, his investigation not personal – Magu

Mr Ibrahim Magu, Acting Chairman, Economic and Financial Crimes Commission (EFCC), on Tuesday said the ongoing investigation of the President of the Senate, Dr Bukola…

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Posted in NAIJA BIZ

May & Baker’s top-line dips following food business disposal

Revenue from Continued Operations Dips: Following the divestment of its foods business which, on average, accounts for 23.36% of its revenue, May & Baker Nigeria Plc recorded a…

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Posted in NAIJA BIZ

Microsoft unveils technology development centres in 2 African countries

American technology giant, Microsoft Corporation, has unveiled its first Africa Development Centre (ADC), with two offices in Nairobi, Kenya, and Lagos, Nigeria. The ADC is worth $100 million:…

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Posted in NAIJA BIZ

Quick Take: Key takeaways from MTN Nigeria’s Analyst Presentation

MTN Nigeria held an Analyst conference yesterday ahead of its planned listing byintroduction on the Nigerian Stock Exchange (NSE). While we anticipated that there would be discussions on…

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Posted in NAIJA BIZ

Caramelo Bar’s owner laments over N500m loss following demolition

Mr Maxwell Eze, the owner of exquisite Abuja-based nightclub, Caramelo Bar, has expressed his dismay after government officials destroyed his N500 million bar. According to a…

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Posted in NAIJA BIZ

Morgan Stanley removes four stocks from its Nigerian indices

Morgan Stanley Capital International (MSCI) recently released its Semi Annual Half year Index review, which will take effect on the 28th of May, 2019.  Changes made: For its Nigerian Index,…

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Posted in NAIJA BIZ

International Breweries appoints a new Non-Executive Director

International Breweries Plc has announced the appointment of Olutoyin Modupe Odulate as its Non-Executive Director. Odulate’s appointment was disclosed via a statement signed by International Breweries‘Company Secretary/General Counsel, Muyiwa Ayojimi….

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Posted in NAIJA BIZ

Local contractors get $368m contracts from Dangote refinery

Dangote Refinery & Petrochemical has given 120 local contractors about $368 million worth of contracts on its site. This stands as its own input to deepen…

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Posted in NAIJA BIZ

Alert: MTN’s 20.3bn Shares to start trading this week

Nigeria’s telecom giant, MTN Nigeria, is set to be officially introduced on the Nigerian Stock Exchange come Thursday, May 16th, as all relevant processes have been completed. Sources within…

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Posted in NAIJA BIZ

Neimeth Pharmaceuticals records high Topline, as earnings stay downbeat

Impressive Second Quarter Masks Poor Q1 Performance: Neimeth International Pharmaceuticals Plc closed its books for the quarter with an impressive half-year financial scorecard, showing the highest revenue…

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Posted in NAIJA BIZ

BoI’s disbursements to businesses increased by 130% in FY 2018

The Bank of Industry (BoI), reportedly disbursed a total of N259.6 billion to support Nigeria’s industrialisation between January and December 2018. The N259.6 billion represents an increase…

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Posted in NAIJA BIZ

FG assures no infrastructure was mortgaged in the China loan agreement

The Federal Government has dismissed the fears of many Nigerians over the possibility of China taking over some infrastructure in the country if the country…

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Posted in Naija News

US Embassy in Nigeria stops Dropbox, explains new interview process

The US Embassy on Tuesday announced the indefinite suspension of interview waivers for renewals, otherwise known as the “Dropbox” process. A statement on its website…

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Posted in Naija News

How killings in Ilaje forced me to build World Class Jetty – Ambode

Lagos State Governor, Akinwunmi Ambode has narrated how insecurity and killings at Ilaje community in Bariga, Lagos, forced him to build a world class Jetty…

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Posted in Naija News

Outrage as Onitsha Pastor body slams disabled woman

These are certainly the last days and end of time as Onitsha-based cleric, Prophet Chukwuemeka Ohanaemere aka Odumeje, body slammed a physically challenged woman on…

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Posted in Naija News

Benin youths protest alleged demand for parallel kingdom

Edo State Deputy Governor, Mr. Philip Shaibu, has said that the state government will continue to defend and protect the cultural heritage of Benin kingdom….

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Posted in Foreign hub

Marry 5 wives or be jailed, Swaziland King orders country men

The King of Swaziland, King Mswati III has made a declaration in the country that from June 2019, men will be required to marry at…

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Posted in Entertainment

Tiwa Savage Shares New Photos Of Herself And JamJam Rocking Fendi

Tiwa Savage has taken her music career to a whole new level this 2019 by being a new Star Radler Ambassador and by being signed…

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Posted in Entertainment

Bettie Jenifer’s Killer: We Underrated Their Threats – Family Speaks

Bettie Jenifer’s killer was reportedly underrated by the family of the late wife of Ghanaian actor Chris Attoh, a family source has revealed. According to a…

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Posted in Entertainment

See The Face Of The Drug Lord Chris Attoh’s Wife Was Also Married To

 The face of the drug lord Chris Attoh’s wife, Bettie Jenifer was also married to alongside the actor has been uncovered just after the news…

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