‘UBA on the Right Track’: Alawuba Recounts Successes Following Bank’s Shareholders Meeting
He accorded the bank’s successes to improved customer relations.
In Landmark Deal, Otedola Sells Transcorp Stake to Elumelu
Sources indicate Elumelu bought Otedola out at a premium said to be between 4 to 6 times the current market price of the share.
Tony Elumelu’s Indirect Interest in Transcorp Increases to 25.58%
Femi Otedola, has also purchased additional shares of the company.
World Bank Projects 21% Fall in Global Commodity Prices in 2023, Sharpest Drop Since COVID-19
Food prices to remain near-record high, energy prices to dip by 26%.
AfDB, Japan International Cooperation Sign $350m Loan Agreement to Support Africa’s Private Sector
The loan comes under the Enhanced Private Sector Assistance (EPSA) initiative, which is a component of Japan’s Official Development Assistance to Africa.
Tony Elumelu: I Welcome Femi Otedola to Transcorp, I’m Happy To See Active Indigenous Investors
“When friends invest in your business, it’s a validation that they believe in your story and vision.”
World Bank Ranks South Africa, Egypt, Benin Republic, Others Ahead of Nigeria in Global Logistics Performance Index
The Nigeria Customs Service was also rated 90th among 139 countries, behind their South Africa and Beninoise counterparts ranked at 31st and 65th positions respectively.
Twitter Gives Fake Disney Account Verified Status
Twitter gave a fake Disney account verification status at the weekend.
Lagos Governor Sanwo-Olu Orders Demolition of 20 Buildings in Banana Island
He accused the federal government’s agencies of culpability in building collapses and Lagos State government officials of collusion.
EFCC Beams Searchlight on Developers, Says Many Estates in Lagos, Abuja Proceeds of Money Laundering
“The funds are illegally gotten either from the government or from an international crime that is used to launder through estate business.”
Air Peace Commences Direct Flights from Nigeria to Israel
“This is undoubtedly a big milestone as for the first time, a Nigerian airline is connecting both countries directly through scheduled commercial flights,” said Air Peace CEO Allen Onyema.
In New Twist, Nigeria Withdraws Immigration Case against Seplat’s CEO
Seplat said it would, “continue to engage with the Ministry of Interior to bring closure to the false allegations presented to the Ministry.”
Emefiele: How Nigeria Curbed Rice Importation, Funded Smallholder Farmers to Boost Yields
He explained that the introduction of the Anchor Borrowers’ Programme helped to revolutionise local rice production.
Twitter Begins Removing Blue Checks from Users Who Don’t Pay
Twitter had about 300,000 verified users under the original blue-check system — many of them journalists, athletes and public figures.
Nigeria: Poultry Farmers Beg FG, CBN to Save Their Business from Total Collapse
“We want the Federal Government to resuscitate the school feeding programme as eggs and chicken meat form the major component of the programme.”
Twitter Begins Removing Blue Checks from Users Who Don’t Pay
Twitter had about 300,000 verified users under the original blue-check system — many of them journalists, athletes and public figures.
Transcorp Acknowledges 5.52% Share Acquisition by Otedola
This comes on the heels of Otedola calling on the Nigerian Exchange to review some “questionable” steps taken by the company.
Nigeria: Monetary Allocation Among Government Tiers Drops By N8bn
According to the Federation Account Allocation Committee,this month’s allocated funds are less than the ones disbursed in February.
NLNG: With Decade of Gas Plan, Nigeria Can Catch Up with Industrialised Nations
It said the plan requires the FG to commit about $2bn initial funding annually.
