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 ...
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 ...
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, ...
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. ...
Weeks-in-week-out, this year Regional Conventions of Jehovah’s Witnesses across the Country, have been attracting unprecedented attendance. With the theme:- Keep Seeking First God’s Kingdom! The Convention series began last weeks of September in Nigeria and billed for Twelve weekends in most locations. At Ota, Lekki, Daluwon, Badagry, Fatumo – Ibadan, and other Cities where it had started – average 6,000 ...
President Goodluck Jonathan in Abuja said that the Federal Government would establish a wholesale Development Finance Institution to provide long-term funds for industrial development. Jonathan stated this at the launch of the disbursement of the Central Bank of Nigeria’s N220 billion funds for the development of micro, small and medium enterprises in the country. The fund’s disbursement was the highpoint ...
L –R: Executive Director, Diamond Bank PLC, Mr. Victor Ezenwoko; Company Secretary and Legal Adviser, Diamond Bank PLC, Ms Nkechi Nwosu; Chairman, Diamond Bank PLC, Obi of Onitsha and the Celebrant, HRM Nnaemeka Achebe; wife of the celebrant Igwenwanyi Achebe; Deputy Managing Director, Diamond Bank PLC, Mrs. Caroline Anyanwu; wife of the GMD/CEO, Diamond Bank PLC, Mrs. Priscilla Otti; and non-Executive Director, ...
On Saturday, 22nd February, a groom called off his wedding after the Redeemed Christian Church of God RCCG that was supposed to wed them conducted a pregnancy test and it came out positive. After keeping guests waiting for about two hours the groom came out and announced to the astonished guests that he was no longer interested in the marriage. ...
Winners in the ongoing Hollandia Yoghurt Refresh ‘n’ Win Promotion have applauded Chi Limited, maker of the yoghurt drink, for keeping to its promise of rewarding consumers who participate in the promo with various mouth-watering prizes worth millions in Naira. The promo which started in December 2013, and will end on 28 February 2014, is aimed at promoting and deepening ...
Ladi Balogun led FCMB, caused a stir in commercial loan market days back. The bank dazzled with whopping loan deal. Commerzbank Aktiengesellschaft and Standard Chartered Bank, acting as Initial Mandated Lead Arrangers and Book-runners, have disclosed the successful signing of a US$ 150,000,000 Senior Unsecured Term Loan Facility for First City Monument Bank (FCMB) Limited. The agreement was signed recently and represents First City Monument Bank’s largest ...