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Dangote Cement, Sub-Saharan Africa’s largest cement producer has raised N116 billion in the largest corporate bond issuance in the Nigerian capital market.
The company disclosed this is in a statement made available on the website of the Nigerian Exchange Ltd. (NGX).
Dangote Cement stated that...
Nigeria brewries is seeing a record gain in this year 2022 and it is a good news for investors.
Nigerians can drink: Nigerian Breweries report over 40% gain in April
of April despite inflationary and disposable income concerns plaguing the Nigerian economy.
The rally seen in April helped...
Russia President Vladimir Vladimirovich Putin is losing the war in Ukraine and winning at the same time, today reports reached us that Russia nearly lost its top military commander while at war with Ukraine.
Valery Gerasimov, Russia’s top military commander has reportedly been injured and...
Nigeria’s pension fund assets increased by N453.8 billion in the first quarter of 2022 to stand at N13.88 trillion as of the end of March 2022, representing the highest level on record.
The industry’s assets under management increased by 3.38% in the review period from N13.4 billion as of...
FIGHT INFLATION? Central banks the worlds over are obsessed about inflation and, therefore, devote a significant amount of resources at their disposal to fight inflation. Hence, the primary 3 objective of monetary policy is to ensure price stability. The focus on price stability derives from the...
1. WHAT IS INFLATION AND WHY MUST THE CENTRAL BANK FIGHT HARD TO SUBDUE THIS MONSTER? HOW DOES INFLATION AFFECT THE ORDINARY MAN A. WHAT IS INFLATION Inflation is one of the most frequently used terms in economic discussions, yet the concept is variously misconstrued. There are various schools...
Latest Treasury Bill Yields.
They are going up but inflation is eating up any returns. Inflation is here and we have the new numbers that the Central Bank is proposing for treasury bill investors. With inflation, this is really a loss.
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Watching football in Nigeria and officiating a match there is even more dangerous. They beat up the referee in this match. The NFF needs to start securing Nigerian referees. They can kill them if care is not taken.
By Omeiza Ajayi, Abuja
The ruling All Progressives Congress APC has reacted to the request by the Nigeria Drug Law Enforcement Agency NDLEA that aspirants for various elective offices ahead of its forthcoming primary elections be made to undergo a drug test.
National Publicity Secretary of the...
Youth Pastor with the Redeemed Christian Church of God (RCCG) Dr. Oche Otorkpa has called on the church to sack the Head of Politics and Governance of the church, pastor Timothy Olaniyan over a comment he made about the Vice-president, Yemi Osinbajo.
The statement currently making the rounds and...
Nigeria paint manufacturing industry is wack. Every Tom Dick and Alice that can mix chemicals and have some fund are into paint making. Most brands in the market I dare say are not even registered with SON or MAN.
If you have seen Meyer brand of paint in your neighbourhood Pls indicate (Or are...
MEYER PAINT
The paint firm began the 2022 financial year on the low end to record 15.14 per cent decline in profit after tax to N4.817 million for the first quarter ended March 31, 2022 as against N5.677 million recorded in 2021. Profit before tax dropped by 11.99 per cent to N7.137 million in...
Punch reported that the meeting took place on Sunday May 1, and also had Banji Akintoye, leader of Ilana Omo Odua, in attendance.
Soyinka repeatedly spoke up for Igboho while he was in prison, saying the activist committed no known crime against Nigeria but instead, a criminal act was...
The Nigeria Security and Civil Defence Corps (NSCDC) in Jigawa State has declared a 2-year-old girl, Zainab Tasiu Ahmad, missing.
Spokesperson of the corps in the state, CSC Adamu Shehu, made this known in a statement on Monday, May 2. Read below..
"Zainab Tasiu Ahmad, a two year old...
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