Rivers State chapter of the All Progressives Congress, APC, has reacted to the press statement issued by the Rivers PDP titled, ‘Dakuku’s Attack on Odili, Height Of Frustration, Rascality’. The party, in a statement issued by Eze Chukwuemeka Eze, SSA on Media and Public Affairs to the Chairman of APC in Rivers State, noted that…
Year: 2016
Nigerian Breweries Posts N293b Revenue in 2015
***Proposes highest ever dividend The Board of Directors of Nigerian Breweries Plc has announced a 10.3 per cent increase in revenue from N266 billion recorded in 2014 to N293 billion in the 2015 financial year. The 2015 audited results filed with The Nigerian Stock Exchange show that the Company’s shareholders would enjoy a total dividend…
GTBank Announces Expiration, Final Tender Results of Offer to Purchase 2016 Notes
Guaranty Trust Bank plc, GTBank, has announced the expiration and final tender results of the any and all cash tender offer with respect to the U.S.$500,000,000 7.50 per cent notes due 2016, which Securities were issued by its wholly owned subsidiary, GTB Finance B.V. and unconditionally and irrevocably guaranteed by the Bank. As the Expiration…
I Can Never Leave PDP For APC—Aluko
Former Secretary of the Peoples Democratic Party, PDP, in Ekiti State, Tope Aluko, has stressed that he has no intention of joining the All Progressives Congress, APC, as being speculated in some quarters. Aluko, in an interview with SaharaReporters, disclosed that joining the APC is not in his plans, adding that the former governor of…
Drama As 2015 Budget Presented As 2016 During Defence
Members of the House of Representatives’ Committee on Capital Market chaired by Tajudeen Yusuf were shocked on Thursday to discover that the Investment and Securities Tribunal, IST, presented same copy of its 2015 budget in 2016. This detection caused the defence exercise to be halted. But the IST Chairman, Ngozi Chianakwalam, refused to speak with…
Tompolo Declared Wanted By EFCC
Former Niger Delta militant leader, Government Ekpemupolo, well-known as Tompolo, has been declared wanted by the Economic and Financial Crimes Commission, EFCC. This followed his failure to present himself to the Nigerian government for prosecution. A bench warrant was first issued on him by the court, but the government could not get him. This forced…
Arase Eyes Better Responsive, Accountable Policing
Inspector General of Police, Solomon Arase, has called on his men to ensure they work harder to make the society a better place. The Nigeria’s chief cop gave this charge at a workshop organised by the office of the Vice-President, Federal Republic of Nigeria and the Nigeria Police Force in collaboration with the Munk School…
2016 Budget: N398m For Computers Ridiculous—Lai Mohammed
Minister of Information and Culture, Lai Mohammed has expressed disgust over the proposed procurement of computers for the News Agency of Nigeria, and the Film and Video Censors Board at the sum of N398 million. Mohammed, while defending his ministry’s budget before the Senate Committe on Information, noted that the said amount is strange to…
MTN Lands In Another Trouble
Problems battling with telecoms giant in Nigeria, MTN Communications Limited seem to be compounding by the day. While the company is still struggling to pay its fine slammed on it by the Federal Government of Nigeria, and as well as a lawsuit instituted against it by rival organisation, Etisalat over the sale of Visafone, MTN…
Duke, Others Decry Cancer Deaths In Women
The Chairman, Child Survival and Development Organisation of Nigeria, Mrs. Onari Duke, has decried the number of Nigerian women and children dying of cancer. Duke, who spoke at a dinner organised by CS-DON, as part of activities to mark the World Cancer Day in Lagos, urged stakeholders to take collective responsibility towards creating awareness and…