Home Topics Plc

Plc

Dr. Mohammad Mahmood Abubakar, the Minister of Environment, at World Press Conference in Abuja, said the measures were to avert further outbreak and spread of the epidemic in many states of the federation.

Nigeria affirms commitment to eradication of ozone depleting substances

The Federal Government has said that it is committed to phasing out Ozone Depleting Substance (ODS) to mitigate the impact of climate change and enhance growth and development of local manufacturing industries.
fffff

House of Reps member threatens AIT’s correspondent over report

A member of the Federal House of Representatives, Jarigbe Agom Jarigbe, has threatened to deal with AIT’s correspondent in Cross River State, Rasheed Olarenwaju, over the story of his disqualification for the Peoples Democratic Party, PDP, primaries for Cross River North Senatorial District reported by the journalist.

Banker in court over ‘N3.8 million theft’ in Lagos

A 34-year-old banker, Temidayo Fabumoye, on Friday appeared before an Igbosere Magistrates’ Court, Lagos, charged with stealing N3.8 million from his employer.

Primate Ayodele kicks against CAMA, indicts CAN leadership

The Leader of INRI Evangelical Spiritual Church, Oke-Afa, Lagos, Primate Elijah Ayodele, has condemned the inclusion of religious centres in list of bodies for control in the Companies and Allied Matters Act signed into law by President Muhammadu Buhari.

Nestlé Nigeria names new managing director

Mr Wassim Elhusseini has been appointed as the new Managing Director (MD) of Nestlé Nigeria Plc.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

Nigerian stock indices grow by 0.30 per cent on first trading day in May

The Nigerian Stock Exchange (NSE) resumed trading for the month of May with an increase of 0.30 per cent just as the country eases lockdown.
Chairman of DAAR Communications Plc, Raymond Dokpesi Jnr, has tested positive for coronavirus.

Raymond Dokpesi tests positive for coronavirus

Chairman of DAAR Communications Plc, Raymond Dokpesi Jnr, has tested positive for coronavirus.
Anglo-Dutch consumer giant Unilever reported Thursday a slight rise in first quarter sales and said the coronavirus has caused hygiene product sales to rocket while those of ice cream melted.

Unilever donates products to support fight against coronavirus

Speaking on this initiative, the Director, Corporate Affairs and Sustainable Business, Ghana and Nigeria, Mrs. Soromidayo George, commended the states and federal governments for leading effectively in the COVID-19 crisis and demonstrating capabilities to stem the spread of the virus with adequate preparation of the right infrastructure set up for affected people to be treated.

Development Bank donates N100 million to fight against coronavirus

Development Bank of Nigeria Plc, DBN, has announced a donation of N100 million towards the fight against the deadly coronavirus pandemic (COVID-19).
UBA - United Bank for Africa

UBA records double-digit earnings Q1 growth

The bank leveraged on modest growth in both interest and non-interest income as well as increased efficiency to deliver an impressive 8.5 percent year-on-year growth in profit before tax in the first three months of 2020, to N32.7 billion compared with N30.2 billion recorded in the first quarter of 2019.

Aggrieved shareholders write UK agency to stop sale of Nigerian bank subsidiary

Aggrieved Nigerian shareholders have approached the British Financial Conduct Authority to urgently stop the sale of Union Bank UK PLC, a subsidiary of Union Bank of Nigeria pending the conclusion of the investigation of how no fewer than 65,000 Nigerian shareholders of the bank were dispossessed of their shares.
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.
A Nigerian businessman and billionaire, Femi Otedola, has disclosed plans to shift his focus to power generation.

Coronavirus: Femi Otedola fulfills pledge of N1 billion donation

Days after pledging to support the fight against Coronavirus in Nigeria, Nigerian billionaire, philanthropist, and former chairman of Forte Oil PLC, Femi Otedola has redeemed his pledge.
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.
The management of Lagos Airport Hotel, Ikeja, has debunked claim by Lafarge Plc that the Italian who brought Coronavirus to Nigeria first slept at the hotel before coming to the company in Ogun State.

Italian hit by coronavirus didn’t lodge with us – Lagos hotel

The management of Lagos Airport Hotel, Ikeja, has debunked claim by Lafarge Plc that the Italian who brought Coronavirus to Nigeria first slept at the hotel before coming to the company in Ogun State.
Lafarge SA

Coronavirus: 11 more contacts quarantined as firm debunks closure of production line

Eleven more contacts of Coronavirus index case have been quarantined within the isolation facilities set up by Lafarge African PLC, Ewekoro Plant in Ewekoro Local Government area of Ogun State.
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.
Nigeria may face another $2.3bn fine in arbitration in France over an alleged breach of contract on Mambilla Hydroelectric project.

House of Reps: Mambilla hydropower project only on papers

The Chairman, House of Representatives, Committee on Power, Hon Magaji Da’u Aliyu, has said the over 40 years old Mambilla Hydro-Power project only existed on papers because there was nothing on ground to show that the project has commenced before the coming of this administration.

Recent Stories

Britain reopens visa application centers in Nigeria

The United Kingdom High Commission has announced that its center’s across the country has reopened.
Nigeria’s Private Sector led Coalition Against COVID-19, CACOVID, yesterday formally announced the flag-off of a nationwide distribution of multi-billion naira food palliative and other relief items to vulnerable Nigerians.

CACOVID: Looted palliatives awaiting distribution

Most of the looted palliatives in warehouses across the nation were awaiting distribution to over 2 million vulnerable households, the private sector-led Coalition Against COVID (CACOVID) has explained.
Two minors and four other suspects were paraded on Monday by police in Ekiti State in connection with arson attacks on three police stations in the State.

#EndSARS: Police parade two minors, four others for arson

Two minors and four other suspects were paraded on Monday by police in Ekiti State in connection with arson attacks on three police stations in the State.
ElLHr1xXIAAyqkS

#EndSARS: Ekiti panel receiving petitions ahead of November 2 sitting

The Ekiti State Judicial Panel of Inquiry on the Allegations of Human Rights Violations Against the Police, defunct SARS officers and other Persons has commenced its activities with a call on citizens of the State to start submitting petitions ahead of its November 2 inaugural sitting.
The Lekki Concession Company, LCC, has refuted claims that it removed the CCTV’s at Lekki tollgate few hours before the shooting of protesters on Tuesday.

Britain asks Nigerian government to investigate Lekki shooting, bring culprits to book

The British High Commission in Nigeria has asked the Federal Government of Nigeria led by President Muhammadu Buhari to investigate all killings and incidents associated with the #EndSARS protests.