Month: May 2022

2023: Igbo Traders Endorse Sanwo-Olu for Second Term

An amalgamation of Igbo traders across 58 major markets in Lagos State, on Thursday, passed a vote of confidence on the leadership of Governor Babajide Sanwo-Olu, endorsing the Governor’s second term bid. The traders, under the aegis of Ndigboamaka Progressive Markets Association, said although Sanwo-Olu had not formally informed them of his second term bid,…

Transcorp Plc Delivers Solid Q1 Performance as Profit Leaps by 147%

Firing on all cylinders, Transnational Corporation Plc, (Transcorp Group) has reported significant and impressive returns in all its major financial indices for the first quarter ended March 31, 2022. Its unaudited results filed with the Nigeria Exchange Limited, showed that the conglomerate with interests in the power, hospitality, and energy sectors recorded a profit after…

Prolonged ASUU Strike Is A Ticking Time Bomb – Lagos First Lady

  Lagos State First Lady, Dr. Ibijoke Sanwo-Olu, has made a passionate appeal to all stakeholders in the education sector to work towards resolving the prolonged strike embarked upon by the Academic Staff Union of Universities (ASUU), describing the situation as a ticking time bomb that must be urgently addressed. She made the appeal on…

2023: Wike Vows to Form Government Of National Unity

Presidential aspirant of the Peoples Democratic Party (PDP) and governor of Rivers State, Nyesom Ezenwo Wike says he will form a government of national unity if elected President of the Federal Republic of Nigeria. Wike gave the assurance when he met with leaders and delegates of the PDP in Lokoja, capital city of Kogi State…

Lagos Is Financially Credible – Sanwo-Olu

Lagos State Governor, Mr. Babajide Sanwo-Olu said the State is a financially credible government to financial institutions, noting that Lagos State Government has never defaulted in terms of repayment and other responsibilities. Sanwo-Olu made the statement on Wednesday when the management of Parallex Bank Limited led by its Managing Director, Olufemi Bakre, paid him a…

Q1: Dangote Cement Ramps-Up Production at Okpella Plant as Earnings per Share Hit ₦6.18

Africa’s biggest cement manufacturer, Dangote Cement, has ramped up production at its newest plant, in Okpella Edo State even as its earnings per share rose by 16.8 percent to N6.18 in the three months ended March 31, 2022. Ramping up production at the Okpella plant is part of efforts to increase cement supply in Nigeria…

NDLEA Uncovers N22b Worth of Tramadol Imported By Drug Baron Linked To Kyari

The National Drug Law Enforcement Agency, NDLEA has said that ongoing investigation of a billionaire drug baron, Chief Afam Mallinson Ukatu, has led to the discovery of how the suspect imported into Nigeria in a single month, October 2019, two containers containing 1,284 cartons of Tramadol with market value of over N22billion. The Agency stated…

Unity Bank, RESWAYE Clean Lagos Beach to Mark World Earth Day

In commemoration of this year’s World Earth Day, Unity Bank Plc in partnership with 3 non-government organisations – Recycling Scheme for Women and Youth Empowerment, RESWAYE, MEDIC and KBG – has conducted a beach cleaning exercise as part of its commitments to promoting environmental sustainability. No fewer than 200 members of staff, as well as…