Home Topics IPO

IPO

Basel Roger Federer

Roger Federer backed sports shoe maker On preparing for IPO, Swiss paper says

Swiss sports shoe maker On, partly owned by tennis champion Roger Federer, is in the early stages of preparing for a stock exchange listing in summer or autumn of next year, newspaper NZZ am Sonntag reported.
Uber has confirmed that it’s buying on-demand delivery company Postmates in an all-stock deal valued at $2.65 billion.

Uber confirms $2.7 billion Postmates acquisition

Uber has confirmed that it’s buying on-demand delivery company Postmates in an all-stock deal valued at $2.65 billion. The announcement comes after a week of speculation which culminated in Bloomberg reporting earlier today that the deal was done, though neither company has responded to the claims until now.
The Nigeria Police Force says its investigation shows that Boko Haram, Ansaru and other terror groups are getting support from some Nigerians.

Family tackles police over death of man in detention

The family members of Godwin Chukwudi Julius, who died under detention by the Nigeria Police’s State Criminal Intelligence Investigation Department, SCIID, Panti, Lagos, are asking for an explanation on his death.

Actor stabs neighbour to death over electricity bill

A 30-year-old Nollywood actor, Temitayo Ogunbusola, has allegedly stabbed his neighbour, Oladotun Osho, to death following a disagreement over the payment of electricity bill.
Nyesom Wike

Rivers governor issues new directives to coronavirus taskforce

The Governor of Rivers State, Nyesom Wike, has directed officials of the Local Government Task Force to identify hotels operating during the lockdown for demolition, following the spread of the coronavirus disease in the country.
The University of Port Harcourt Teaching Hospital, UPTH, has commenced testing for COVID-19 in Rivers State.

UNIPORT teaching hospital commences testing for coronavirus

Speaking, Prof. Henry Ugboma, the Chief Medical Director of UPTH, stated that two Polymerase Chain Reaction, PCR, machine used for testing COVID 19 are in the facility ready, thanking the FG in collaboration with Shell SPDC for supporting the hospital with the medical equipment.
Rivers Governor, Nyesom Wike has ordered the closure of largest beef and livestock market in the State located in the Trans-Amadi area of Port Harcourt indefinitely.

Governor Wike: Senior police officer sabotaging lockdown in Rivers

Governor Nyesom Wike of Rivers State has accused a Deputy Commissioner of Police in the state of sabotaging the lockdown imposed on the state to check the spread of the coronavirus in the state by issuing illegal letters to companies to operate.

Kogi medical doctors reject salary cut

Members of the Kogi State Chapter of the Nigerian Medical Association (NMA) have vowed not to accept the proposed cutting of salaries of its members and other healthcare workers by the Kogi Government.
The Kayode Fayemi administration in Ekiti State says it has defrayed inherited debts to the tune of 31 billion naira since assumption of office.

Ekiti names chairman, corps commander, other board members for Amotekun

Ekiti State, Dr Kayode Fayemi, on Sunday, approved the appointment of members of the Governing Board of the Ekiti State Security Network Agency (Amotekun Corps).
The US Patent and Trademark Office (USPTO) has ruled that artificial intelligence systems cannot be credited as an inventor in a patent, the agency announced earlier this week.

US patent office rules that artificial intelligence cannot be a legal inventor

The US Patent and Trademark Office (USPTO) has ruled that artificial intelligence systems cannot be credited as an inventor in a patent, the agency announced earlier this week. The decision came in response to two patents — one for a food container and the other for a flashing light — that were created by an AI system called DABUS.
The Ekiti State Governor, Kayode Fayemi, on Tuesday, briefed Mr Buhari on the limitations of the distribution of palliatives to vulnerable persons to curb the economic impact of the coronavirus.

Ekiti may extend lockdown again over new coronavirus case – governor

Gov. Kayode Fayemi of Ekiti on Saturday said there may be another extension of the current lockdown following the discovery of a new case of COVID-19 in the state.

Lockdown: Christians in Kwara mark low key Easter

The celebration of the Easter by Christians in Kwara on Sunday was low-key amidst a total lockdown due to the state government’s efforts to curtail the spread of the coronavirus.
Egypt has postponed its plans to sell a minority stake in state-owned Banque du Caire in an initial public offering (IPO) starting mid-April due to the spread of the coronavirus, a local newspaper on Sunday quoted the bank chairman as saying.

Egypt postpones Banque du Caire stake sale due to coronavirus – chairman

Egypt has postponed its plans to sell a minority stake in state-owned Banque du Caire in an initial public offering (IPO) starting mid-April due to the spread of the coronavirus, a local newspaper on Sunday quoted the bank chairman as saying.
Governor Nyesom Wike acted illegally by suspending the chairman of Abua-Odua local Government Council, the Civil Rights Council said.

Rivers: Full congregation not allowed in churches on Easter Sunday

The Rivers State Government has reversed its decision to allow churches in the state hold services on Easter Sunday.
The Nigeria Police Force says its investigation shows that Boko Haram, Ansaru and other terror groups are getting support from some Nigerians.

Three policewomen detained for allegedly assisting rapist escape

A suspected rapist, simply identified as Kelechi, has escaped from police detention at Ajiwe Police Station, Lagos State.

Court remands OPC members in Osun for alleged torture

A Magistrate’s Court sitting in Osogbo, the Osun State capital on Monday ordered the remand of three members of Oodua People Congress, OPC, for alleged torture .
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.
Maryam Sanda

Husband killer Maryam Sanda appeals death sentence

The convict alleged that the death sentence handed to her by Justice Yusuf Halilu was ”tainted by bias and prejudices”, and that she wasn’t given a fair hearing. She then asked the Court of Appeal to set aside the verdict and acquit her.

Recent Stories

After three years in development, the Singapore blockchain payment project UBIN comes to fruition.

Singapore launches blockchain payment system

After three years in development, the Singapore blockchain payment project UBIN comes to fruition.
President of the Senate, Senator Ahmad Lawan, presiding over plenary on Tuesday at the National Assembly, Abuja.4

Senator Lawan: National Assembly will engage security agencies to prevent killings in Kaduna

President of the Senate, Ahmad Lawan, said that the National Assembly would engage security agencies to increase operations in hot-spot areas in Kaduna South Senatorial district to prevent killings of residents.
Iran’s Supreme Court on Tuesday confirmed the death sentences of three Iranian protesters accused of taking part in days of unrest in November, 2019.

Iran’s top court confirms death sentence for three demonstrators

Iran’s Supreme Court on Tuesday confirmed the death sentences of three Iranian protesters accused of taking part in days of unrest in November, 2019.
Sheffield United will not be distracted by talks of securing a top-four finish with their attention focused solely on Thursday’s Premier League clash against Leicester City, manager Chris Wilder said on Tuesday.

Sheffield United boss unconcerned by top-four talks

Sheffield United will not be distracted by talks of securing a top-four finish with their attention focused solely on Thursday’s Premier League clash against Leicester City, manager Chris Wilder said on Tuesday.
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.

20 Nigerian women’s clubs receive $194,030 FIFA fund

20 Nigerian Women’s Football League clubs will benefit from FIFA’s solidarity funds.