Management of Dangote Sugar Refinery Plc has resolved to significantly reduce the importation of sugar into the country by 40 percent, thus paving the way for the employment of over 30,000 youths. President of Dangote Group, Aliko Dangote explained recently in a chat with newsmen that it was embarking on Phase II of its Sugar…
Month: August 2022
Guaranty Trust HoldCo is the Best Dividend Stock to Buy
Guaranty Trust Holding Company (GTCO) Plc is the best dividend paying company in Nigeria, as investors are getting back more for each Naira they invest in the equity position. The lender’s stock has a dividend yield of 17.18 percent, which is higher than United Bank for Africa’s, (14.18%); Zenith Bank, (14%); AXA Mansard, (13.89%); United Capital, (12.61%);…
GTCO Autism Conference Holds August 29th, 30th at MUSON Centre Lagos
The 12th edition of the annual GTCO Autism Conference themed “Creating a Community of Awe-Tism Advocates” will hold on Monday and Tuesday, August 29th and 30th, 2022, at MUSON Center, Onikan, Lagos. The annual Autism Conference is a pivotal component of GTCO’s Orange Ribbon initiative and serves as a key advocacy platform for people living…
NDLEA Arrests Abuja Businessman over Online Sales of Illicit Drugs
Operatives of the National Drug Law Enforcement Agency, NDLEA, have arrested the MD/CEO of Marvelrock Pharmaceuticals and Stores Limited, Mr. Orakwe Chibuike Celestine, for engaging in sales of illicit and controlled drugs on popular e-commerce platform, Jiji.ng. A graduate of Business Administration from the University of Abuja, Orakwe registered the pharmaceutical company on 16th December…
Sanwo-Olu Sets December Deadline For Relocation of Oko Baba Saw millers
Governor Babajide Sanwo-Olu has assured the timber traders that the planned relocation of saw millers of Oko Baba in Ebute Metta, Lagos Mainland, to a proposed permanent site in Agbowa, will come to an end in December. The Governor gave the assurance on Tuesday during his tour of Agbowa-Ikosi Timberville in Ikosi-Ejirin Local Council Development…
Seven Months of Rewarding Customers in the Stanbic IBTC Reward4Saving Promo Draws
In a bid to keep inspiring Nigerians to develop a healthy savings culture, Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings, held its seventh Reward4Saving promo draw at its head office on Monday, 08 July 2022. The July draw is the fourth of the second season of the promo and the seventh since inception.…
Reddington Hospital Launches Body Care Plastic Surgery Clinic
Ahead of an official launch, The Reddington Hospital Group has announced that it has established a Bodycare Plastic Surgery Clinic at the Hospital in Victoria Island, Lagos. The new centre is the result of collaboration between The Reddington Hospital Group and Abuja Plastics, a renowned plastic surgery centre in Nigeria. This collaboration, combining an internationally…
Old English Supermarket Opens New Outlet in Surulere
With four branches already booming and servicing its teeming customers, novel Superstore, Old English Supermarket has opened another outlet. This is to further realise its aim of becoming the superstore of choice of millions of upwardly mobile Nigerians. Old English Supermarket founded a couple of years ago, is a rare combination of visionary enterprise, diligent…
NDLEA Uncovers 442 Parcels of Crystal Meth in Heads of Smoked Fish at Lagos Airport
Operatives of the National Drug Law Enforcement Agency, NDLEA, have uncovered no fewer than Four Hundred and Forty Two (442) parcels of Crystal Methamphetamine concealed in heads of fishes packed in cartons for export to Dubai, the United Arab Emirates through the SAHCO shed of the Murtala Muhammed International Airport, Ikeja Lagos. The agency’s Director,…
Lagos Lifts Suspension of Planning Approvals in Banana Island, Osborne Foreshore Schemes
The Lagos State Government has lifted the suspension order on granting Planning Permits for land extension into the lagoon at Banana Island and Osborne Foreshore Schemes. A statement signed by the Commissioner for Physical Planning and Urban Development, Dr. Idris Salako said the lifting of the suspension was predicated on the projection of the new…