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Dangote, MTN emerge most admired African brands

For the third time in a row, Dangote Group has emerged as the most admired African brand, of African continent origin, by consumers, paired with t he telecommunication giant, MTN in a survey of 100 Africa best brands announced in a novel global virtual event that incorporated the market openings of Kenya, South Africa and Nigeria.

Two die, seven injured in Ogun accident

Two persons were on Friday confirmed dead, while seven others sustained injuries in an accident, involving a truck, three other vehicles and three motorcycles along Toll-Gate, Sango-Ota, in Ado Odo/Ota local government area of Ogun State.

Ogun PDP gets new executive committee

The crisis rocking the Peoples Democratic Party (PDP) in Ogun State, deepened on Friday, as the faction loyal to Senator Buruji Kashamu, inaugurated its new state executive members to steer the affairs of the party for the next four years.
Zimbabwean doctors have filed a lawsuit aimed at compelling the government to beef up coronavirus protection for public hospitals and healthcare workers.

Ogun doctors begin three-day warning strike amid coronavirus

The Association of Resident Doctors at the Olabisi Onabanjo University Teaching Hospital, Sagamu, Ogun State, says its members will commence a three-day warning strike on Monday.
Atiku Abubakar, presidential candidate of the Peoples Democratic Party (PDP), has again accused President Muhammadu Buhari of clamping down on the judiciary.

How to pull Nigeria from the brink

On Monday, April 27, 2020, British oil and gas giant, BP, became the latest in a growing number of energy firms to declare a massive quarterly loss. Their loss was in the region of $4.4 billion dollars. Bear in mind that this was a conglomerate that posted a $2.6 billion profit in the corresponding quarter of 2019.
The State Government in a statement signed by the Commissioner for the Environment and Water Resources, Mr Tunji Bello, asked all traders under Bridge including those not affected by the fire incident of last Sunday to move from the present location

Lagos: We’re committed to flattening the curve in coronavirus spread

Commissioner for the Environment and Water Resources Mr Tunji Bello stated this when he received donations of chemical materials from some organisations to disinfect more areas in the state against community transmission of COVID-19.
Donating the food items on behalf of the State Government, the Deputy Governor, Engr. Noimot Salako-Oyedele, said the security forces in the State are partners in the development agenda of the State.

Ogun extends stimulus package to security personnel

As part of efforts to appreciate the role being played by security personnel during the lockdown in Ogun State as well as mitigate its economic effects on their families, the State Government has donated some food items to officers across all security outfits operating in the State.
Dangote Cement

Dangote Cement woos investors with N100 billion issue

Dangote Cement Plc, Africa’s leading cement manufacturer, is seeking to raise up to N100 billion in fresh funds from the bond market, under its NGN300 billion Debt Issuance Programme.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

Nigerian equities market posts 0.10 per cent growth

The Nigerian equities market closed Thursday trading on upward trend, appreciating by 0.10 per cent, amid Dangote Cement gain.
Dangote Cement

Dangote Cement set to issue N300 billion bonds

The company, in a notice to the Nigerian Stock Exchange (NSE), on Monday, announced its inaugural issuance of bonds under its N300 billion shelf registration programme.
Dangote Cement

Lagos explosion: Dangote donates N100 million cement to victims for reconstruction

Dangote Cement Plc yesterday donated N100 million worth of cement to the Lagos State government, to support the ongoing reconstruction process at the Abule-Ado area of Amuwo-Odofin Local Government of the state, which was affected by a pipeline explosion last weekend.
Lagos State Commissioner for Health, Akin Abayomi, on Tuesday asked the passengers who were on the same plane with the lady to self-isolate as he released hotlines to call should they show any symptoms.

Lagos shuts 32 illegal pharmacies, patent medicine stores

Lagos State Taskforce on Counterfeit, Fake Drugs and Unwholesome Processed Foods has shut 32 pharmacies and patent medicine stores for offences bordering on illegal operation and operating beyond scope of practice.
Workers walk past a pile of limestone at the Dangote Cement mine in Obajana village in Nigeria's central state of Kogi November 8, 2010. REUTERS-Akintunde Akinleye-File Photo

Dangote Cement to start exports from Congo, Nigerian exports decline

Dangote Cement said on Wednesday it planned to start exports from its Congo Republic plants to neighbouring states, while its Nigerian exports fell 41% in 2019 when Nigeria’s government closed its borders.
Aliko Dangote, president of the Dangote Group and chief sponsor of the Dangote Foundation, says he wants to be like Bill Gates and try to give a chunk of his wealth to charity in the next few years.

Dangote supports Nigeria’s border closure policy

Dangote Cement Plc will soon boost its export sales as it prepares to inaugurate its Apapa, Lagos, export terminal. This will be followed by Onne, Rivers State, export terminal. The company disclosed this while commenting on its future plans following the release of its 2019 financial results.
L-R: Deputy Company Secretary, Dangote Cement Plc, Edward Imoedemhe; Chairman, Dangote Cement Plc, Aliko Dangote; Group Managing Director/CEO, Dangote Cement Plc, Engr. Joseph Makoju; and Non-Executive Director, Dangote Cement Plc, Olakunle Alake at the Dangote Cement Plc Extra-Ordinary General Meeting held in Lagos on Wednesday, January 22, 2020

Dangote Cement praised by shareholders on buyback plans

Desire of the Management of Dangote Cement to ‘buy back’ 10 per cent of its entire issued shares from shareholders was unanimously granted on Wednesday as the company’s shareholders’ voted in support of the ‘share buy back’ plans. Dangote Cement, which currently has 17.04 billion fully paid up ordinary shares of 50 kobo each, would be buying back 1.70 billion shares.
Nigerian Stock Exchange NSE

Profit taking drags down equity performance by 1.2 percent

The equities market today (Tuesday) recorded the first profit taking after a long streak gain this month leading to a decline in a major performance index as the Nigerian Stock Exchange, NSE All Share Index declined by 1.2 percent or 118 bases points, bps.
Dangote Group founder Aliko Dangote

Aliko Dangote: Why I’m not buying Arsenal now

Africa’s richest man Aliko Dangote has given some insights into why he is yet to meet his words with actions regarding his widely reported planned takeover of Premier League club, Arsenal.
Nigerian Stock Exchange NSE

Trading moderates on NSE, indices appreciate marginally by 0.07 percent

Transactions on the Nigerian Stock Exchange (NSE) moderated on Friday with the market indicators improving marginally by 0.07 per cent.

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Respite has come the way of the Nigeria Football Federation (NFF), as they are in the coming days to receive $500,000 (about 200 million Naira) from FIFA as a palliative for the Coronavirus Pandemic.

FIFA, WHO, EU launch campaign to help domestic violence victims amid coronavirus lockdown

FIFA, the World Health Organization (WHO) and the European Commission have announced the #SafeHome campaign designed to support women and children at risk of domestic violence during the coronavirus pandemic.
Meng Wanzhou

Canadian court disappoints Huawei over CFO’s case

A Canadian court ruled against Huawei’s chief financial officer, Meng Wanzhou, on Wednesday in her extradition case to the US on fraud charges.
The Nigerian Air Force (NAF) says its Air Task Force (ATF) for Operation DIRAN MIKIYA has neutralised no fewer than 10 bandits at Sububu Forest area in Zamfara .

Military airstrike kills 30 bandits in Zamfara

The Defence Headquarters says the Air Component of Operation Hadarin Daji has killed no fewer than 30 bandits and destroyed their logistics store in air strikes conducted on Tuesday in Doumborou Forest area of Zamfara.
Lagos State Commissioner for Health, Prof. Akin Abayomi, disclosed this during an inter-ministerial media update on COVID-19 on Thursday in Ikeja.

Lagos conducts assessment to revitalise 329 primary healthcare

As part of efforts geared towards the revitalisation of Primary Healthcare, the Lagos State Government has carried out a comprehensive assessment of no fewer than 329 Primary healthcare centres in the State.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

Trading resumes after Eid-el-Fitr celebration with 0.07% growth

The Nigerian Stock Exchange (NSE) reopened trading on Wednesday after the public holidays to mark the Eid-el-Fitr celebration with a marginal growth of 0.07 per cent.