NDDC targets completion of hostel projects for universities

The Interim Administrator of the Niger Delta Development Commission, NDDC, Mr. Efiong Akwa, says that the Commission will focus on completing on-going projects, particularly the university hostels in the nine Niger Delta states. The NDDC...

Meristem Unveils Economic Outlook Report, Bullish on Stock Market

Meristem Securities Limited has predicted that the Nigerian equities market will sustain its positive momentum through the better part of the year. The equities market posted a record gain of 50.03 per cent in 2020...

Wike pledges N500m to rebuild Sokoto market

FRANK ERNEST Gov. Nyesom Wike of Rivers on Wednesday donated N500 million to support the Sokoto State Government in rebuilding the Sokoto Central Market ravaged by fire on Tuesday morning.   Wike who visited the scene of...

Equity market sustains bearish run, sheds N16 bn

Transactions on the floor of Nigerian Stock Exchange (NSE) closed lower Tuesday, shedding N16 billion.   Specifically, Market Capitalisation of listed equities declined by 0.10 per cent to N21.474 trillion from N21.490 trillion reported the previous...

Access Bank to support international expansion drive with HoldCo – Wigwe

Access Bank Plc said on Tuesday that its transition to Holding Company (Holdco) would offer continent-wide opportunities and support international expansion drive. The bank’s Group Managing Director/ Chief Executive Officer, Mr Herbert Wigwe, said this...

Board of Zenith to discuss results, final dividend Thursday , January 28

The Board of Directors of Zenith Bank Plc will on Thursday meet to discuss the audited financial statements for the year ended December 31, 2020.   It is also expected that board will consider a final...

FBNQuest Funds invests over N20bn in 70 firms

FBNQuest Funds, the merchant banking and asset management arm of FBN Holdings Plc, on Wednesday said that it had invested over N20 billion in private equity since 2003. The company’s Vice President, Alternative Investments, Mr...

FG releases N10bn for domestic vaccines production

The Ministry of Finance has released N10 billion to support domestic vaccines production to tackle COVID-19 pandemic in the country. The Minister of Health, Dr Osagie Ehanire, made the disclosure at the Presidential Task Force...

Enugu DisCo set to invest N1.6bn on network expansion

  The Enugu Electricity Distribution Company (EEDC) said it will spend N1.6 billion on 30 electricity network expansion projects within the South-East.   The Head of Corporate Communications, EEDC, Mr Emeka Ezeh, said this in a statement...

Lagos- Ibadan Expressway gridlock: FG to arrange another multiple stakeholders’ meeting

    THE Coordinating Director, Highway Construction and Rehabilitation in Nigeria, Mr. Funsho  Adebiyi  has re-emphasised Federal government’s commitment to taming the incessant gridlock and truck menace on the Lagos-Ibadan Expressway.   Adebiyi during an inspection tour of...
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