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GT Bank announces results of $500 million Eurobond


GT Bank Plc has announced the results of its cash tender offer for the $500 million Eurobond at 7.50 per cent. The bank had on February 4 opened an international tender offer for the bond. It said that an aggregate principal amount of $126.59 million of the securities validly tendered on or prior to the expiration deadline and not validly withdrawn ...

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SNEPCo Promotes (M)Ethanol Clean Cookstoves In Drive For Safer Cooking Method In Nigeria

Director, Project Gaia International, USA, Mr. Harry Stokes; Managing Director, Project Gaia Prospects Limited, Mr. Joe Obueh; Managing Director, Shell Nigeria Exploration and Production Company, Mr. Bayo Ojulari; General Manager, External Relations, Shell, Mr. Igo Weli; and the General Manager, Production, Shell Nigeria, Mr. David Martin, at the signing of a partnership agreement for a pilot study on the use of (M)Ethanol clean cookstoves, at the SNEPCo office, Lagos… on Friday.

Shell Nigeria Exploration and Production Company (SNEPCo) has signed an agreement with Project Gaia Prospects Limited (PGPL) for the conduct of a pilot study on the use of Ethanol clean cookstoves, a cleaner and safer way of cooking. SNEPCo will provide 2,500 clean cookstoves and 15,000 canisters for distribution to households in Lagos while PGPL will ensure the supply of ...

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Adesina, Leo Stan Eke call for responsible online journalism


The Special Adviser to the President on Media and Publicity, Femi Adesina, and the Chairman of Zinox Group, Stan Leo Eke, have emphasised the need for responsible online journalism in the country. Adesina and Eke spoke on Thursday at the launch of the Guild of Corporate Online Publishers (GOCOP), a body formed by professional journalists with not less than 10 ...

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Ambode Swears In Steve Seyi Ayorinde, Others As Executive Members In Lagos

steve ayorinde swearing-in

Lagos state governor Akinwunmi Ambode today swore in his commissioners and special advisers into office at the Lagos state government secretariat Alausa Ikeja. The Commissioners appointed and their portfolios include, Gbolahan Lawal, Commissioner for Housing, Dr. Jide Idris, Commissioner for Health; Folarin Coker, Commissioner for Tourism, Arts and Culture, Seye Oladejo; Commissioner for Special Duties and Intergovernmental Relations;   Engr. ...

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SPDC’s healthcare drive in Bayelsa State reaches 5000 people

About 5000 people in Oloibiri area of Bayelsa State have benefitted from a health outreach organised by The Shell Petroleum Development Company of Nigeria Ltd (SPDC) Joint Venture in furtherance of its Health-in-Motion campaign. Working closely with the Bayelsa State Government, Ogbia Local Government Council and other partners, SPDC took the comprehensive health outreach to 18 communities giving the beneficiaries dental ...

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Unicef Tackles Child Malnutrition, Strategises @ Dialogue Meeting In Calabar


Everyday 2300 child under the age of five and 145 women of child bearing age died as a result of malnutrition. Though hardly you hear people says a child died as a result of child malnutrition but malnutrition is the bases of all child and mother relation death cases specifically, 55% of child mortality is associated with child malnutrition. Some ...

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Dangote Teaches Patriotism – Loses Nmillions, Yet Invests In World Largest Refinery

aliko dangote

Aliko Dangote, Africa’s richest man and the president of Dangote group, has urged Nigerians not to be deterred by the economic challenges of the moment, but to help the country in building its economy. Dangote, who described Nigeria as an enviable country in terms of resources, said the present economic challenge is just a phase in Nigeria’s journey to greatness. “I ...

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Shell Restates Commitment To Bonga South West/Aparo Project

The Shell Nigeria Exploration and Production Company Limited (SNEPCo) has restated its commitment to the implementation of the SNEPCO-operated Bonga South West/Aparo (BSWA) project, denying recent reports that it has stopped the development due to the slump in oil price. “We can confirm that we are currently progressing the tender for the Engineering, Procurement and Construction (EPC) contracts to support ...

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UBA’s Indelible Footprint At Youth Future Awards

Phillips Oduoza, UBA - MD

The future progress of Africa, as a continent, is in the hands of its youthful population, Phillips Oduoza, Group Managing Director and CEO of United Bank for Africa (UBA) Plc, has said. He was speaking during the Future Awards and Summit also popularly known as The Future Awards where hundreds of youths gathered last Sunday at the prestigious Intercontinental Hotel, ...

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Over 500, 000 Visitors Expected At The Port Harcourt Carnival 2014 – Dr Sam Dede, DG, RSTDA

  An estimated number of over Five Hundred Thousand carnival lovers and participants are expected in Port Harcourt, Rivers State, for the 2014 edition of Carniriv, the Port Harcourt Carnival, making it the biggest carnival brands in Africa. Speaking during an interaction with journalists in Port Harcourt, during the week, Director General of the Rivers State Tourism Development Agency, Dr. ...

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