Saturday, February 17, 2018

Oluseyi Awojulugbe

    Report: Dangote to raise $1bn on London Stock Exchange

Report: Dangote to raise $1bn on London Stock Exchange

Plans are underway for Dangote Cement Plc to raise $1 billion from a share sale on the London Stock Exchange, a report by Bloomberg has claimed.Bloomberg reports that the company, which is owned by Aliko Dangote, has approached investment banks to discuss a possible listing."The Nigerian company, controlled by Aliko Dangote, has approached investment bankers to discuss a potential UK [...]

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    Harrysong signs Lami Phillips to Alterplate Music

Harrysong signs Lami Phillips to Alterplate Music

Lami Phillips, Nigerian soul singer, is now an artiste on Alterplate Music, record label owned by Harrysong, former Five Star Music artiste.Harrysong announced the signing in a post on his Instagram page on Friday. [...]

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    FG floats $2.5bn Eurobond, says debt level will not be affected

FG floats $2.5bn Eurobond, says debt level will not be affected

The federal government through the Debt Management Office (DMO) has floated a $2.5 billion Eurobond, making the fifth issuance in the country's history.According to a statement by Salisu Na'inna Dambatta, director of information at the ministry of finance, said it will be divided into two notes with different maturity periods."The notes comprise a $1.25 billion 12-year series and a $1.25 billion [...]

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    UNIBEN recalls rusticated students

UNIBEN recalls rusticated students

The management of University of Benin has recalled the five students it rusticated after 'appeal from the students and intervention from stakeholders'.According to a statement signed by M.O. Osasuyi, the university said the students can now register for the 2017/2018 academic session. [...]

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    WATCH: Kevin Hart wins race against Usain Bolt

WATCH: Kevin Hart wins race against Usain Bolt

Kevin Hart, Hollywood actor popular for his humor and short stature, beat Usain Bolt, who is currently regarded as the fastest man in the world, in a race— only after having a 30m head start.The comedian cum actor shared the video in a post on his Instagram page. [...]

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    BBNaija: Cee-C, Lolu escape disqualification, may be paired till end of the show

BBNaija: Cee-C, Lolu escape disqualification, may be paired till end of the show

Cynthia and Lolu, housemates in the ongoing edition of Big Brother Naija, narrowly escaped disqualification on Friday after breaking house rules.The duo had been partners for the bonding task, which housemates had to carry out in celebration of Valentine's Day. [...]

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    Diamond Platnumz, wife split on Valentine’s Day

Diamond Platnumz, wife split on Valentine’s Day

Ironic to its what is known for, February 14 will now also be remembered as the day Diamond Platnumz, Tanzanian artiste, and Zari Hassan, his wife parted ways.Hassan was formerly married to Ivan Semwanga, now deceased Ugandan tycoon, whom she had three children with. [...]

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    Scientists find new tool to fight cancer

Scientists find new tool to fight cancer

Small molecules that specifically restrain a selenium-containing enzyme in the human body may be a tool to fight cancer, a study published in a US medical journal said.The study published in Science Translational Medicine said researchers at Karolinska Institute in Sweden treated cancer in mice with these molecules and observed rapid tumor-killing effects. [...]

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    Dangote: We’ll surprise Nigerians by delivering Apapa road before schedule

Dangote: We’ll surprise Nigerians by delivering Apapa road before schedule

Aliko Dangote, president of the Dangote Group, says the Apapa Wharf road being constructed by his company will be completed in a few months time and "Nigerians would be surprised to see the project delivered even before scheduled".According to a statement signed by Francis Awowole-Browne, a media relations officer with the company, Dangote made this assurance when he visited the [...]

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    Enugu to increase allowance of corps members

Enugu to increase allowance of corps members

The Enugu state government has promised to increase the state allowance of corps members serving in primary healthcare facilities centres.Ogbuagu Anikwe, commissioner for information, made this known on Wednesday while briefing journalists on the outcome of the state executive council meeting. [...]

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    Nigerian student develops technology to detect eye damage

Nigerian student develops technology to detect eye damage

Bashir Dodo, a 29-year-old Nigerian doctoral student in Brunel University’s department of Computer Science in London, has developed a technique for identifying and diagnosing damage to the human retina.The retina is the third layer of the eye, it receives light that the lens has focused, converts the light into neural signals, and sends these signals on to the brain for [...]

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    Hours after release, Praiz’s new EP enters iTunes chart

Hours after release, Praiz’s new EP enters iTunes chart

Barely eight hours after Praiz released his new extended playlist (EP) titled ‘2 Minutes’, the EP is now ranked amongst iTunes top 200 R&B releases.According to a post on his Instagram page, the newly released EP ranked 11 on the iTunes Top 200 Releases United Kingdom R&B/Soul Chart [...]

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    By 2022, US may cut back crude oil import from Nigeria

By 2022, US may cut back crude oil import from Nigeria

The US may drastically reduce its import of crude oil from Nigeria by 2022.According to the US Energy Information Administration (EIA), the country is projected to become a net energy exporter in four years.In the newly released Annual Energy Outlook 2018, EIA said the transition from net energy importer to net energy exporter will not take place until 2050 in [...]

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    NPA gives NAFDAC, SON 24 hours to vacate ports

NPA gives NAFDAC, SON 24 hours to vacate ports

The Nigerian Ports Authority (NPA) has given some agencies a 24-hour ultimatum to vacate seaports.Among the affected agencies are National Agency for Food, Drug Administration and Control (NAFDAC) and Standard Organisation of Nigeria (SON).According to a statement signed by Abdullahi Goje, general manager, corporate and strategic communications of NPA, the directive is in line with a new order issued to [...]

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    14 Nigerian songs to help you get in Valentine spirit

14 Nigerian songs to help you get in Valentine spirit

Valentine’s Day is just around the corner and just like food and gifts, music is an important part of the celebration.No matter what plans you have for your loved one, music is what you need to set the mood right. If you are single, there’s no harm in enjoying good music and feeling good. [...]

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    AMCON takes over Daily Times Plc

AMCON takes over Daily Times Plc

The Asset Management Corporation of Nigeria (AMCON) has taken over the assets of Daily Times Nigeria  Plc, a media establishment.According to a statement signed by Jude Nwauzor, AMCON spokesman, Gbenga Fakoya took over the assets on behalf of AMCON on Monday.The federal government owned 96.05 percent shares of Daily Times before it was sold to Folio Communications Limited  in 2004 [...]

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Exchange Rates

Feb 16, 2018USDGBPEUR
INTERBANK360.45487.18428.32
LAGOS364497448
KANO364495430
PH363498435
ABUJA365497434
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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