News Archives

Former US first lady, Barbara Bush is dead

Apr 18, 2018 topnews

Barbara Bush, former US first lady is dead. She died on Tuesday at the age of 92, triggering an outpouring of praise for the matriarch of a Republican family once at the apex of American politics. “A former first lady of the United States of America and relentless proponent of family literacy, Barbara Pierce Bush passed away Tuesday, April 17, 2018 at the age of 92,” said a statement from the office of George H.W. Bush. They were married for 73 years. Barbara Bush has long been considered the rock at the center…

Death toll rises as flood takes over Dar es Salaam

Apr 17, 2018 topnews

Tanzania’s economic capital, Dar es Salaam has been taken over by flood due to days of torrential rains killing about fourteen, people police said Tuesday. “The balance sheet has worsened. This morning, we have reached 14 killed,” city police chief Lazaro Mambosasa told reporters. The number killed has been slowly rising as heavy rains have continued to hit the East African nation since the weekend. On Monday, Dar es Salaam regional commissioner Paul Makonda ordered primary schools closed for two days and advised families to leave inundated areas in a…

Buhari appoints Keyamo spokesman for 2019 campaign

Apr 17, 2018 topnews

Nigeria President, Muhammadu Buhari has appointed Festus Keyamo (SAN) as the Director, Strategic Communications for his 2019 presidential campaigns. By this appointment, Keyamo becomes the official spokesperson for Buhari’s campaign for the 2019 presidential poll. The letter informing him of the appointment was signed by the Minister of Transportation, Rotimi Amaechi, who also doubled as the Director General, President Muhammadu Buhari Campaign Organisation. The lawyer/human rights activist made this known via his verified Twitter handle on Tuesday. He wrote:”With this letter below👇, I have just been appointed the Director, Strategic Communications (Official Spokesperson)…

Zenith Bank begins payment of 270k dividend

Apr 17, 2018 topnews

Jim Ovia, the Chairman of Zenith Bank (Nigeria) Plc, has reiterated the company’s commitment to delivering superior returns to its valuable shareholders in Nigeria. Ovia gave the reassurance, as the Bank, at the weekend, began the payment of dividend to shareholders immediately after the approval of the proposal of the board to pay a final dividend of N2.45k per share to them as dividend for the 2017 financial year. He was speaking in Abuja at he weekend where approval was unanimously given to the proposal at the 27th Annual General Meeting of the Bank.…

Fake medical doctor who dropped out of primary school arrested in Lagos

Apr 17, 2018 topnews

A fake medical doctor, Abdulrahman Mohammed, who has allegedly practiced medicine for over four years in the Mushin area of Lagos state has been arrested. Commissioner of Police, Imohimi Edgal, who paraded the suspect, noted that he was arrested by operatives from the Area ‘D’ lCommand Mushin. He said the 39-year-old suspect who hails from Ran village in Gambaru Ngala Local Government Area of Borno State, was operating as a medical doctor at No. 3, Bemisniele Street, Idi-Araba, before he was arrested following a tip-off. He said the suspect claimed…

No state’ll access W/Bank facility if Kaduna does not get —El-Rufai

Apr 17, 2018 topnews

Nasir el-Rufai, Kaduna State Governor, has said he had been told by the World Bank that no state in the country would access its loan without Kaduna State being considered by the National Assembly. It would be recalled that the Senate, penultimate week, rejected the loan facility for Kaduna State following objections from the three senators from the state on the ground that Kaduna was already too heavily indebted. Apart from Kaduna, Abia, Ogun, and Lagos, among others, also applied for various sums from the World Bank for development purposes.…

Buhari Government Worst In Education Funding – ASUU

Apr 17, 2018 topnews

The Academic Staff Union of Universities (ASUU) has warned that the stifling of education funding under the Muhammadu Buhari government is preparing the country for a greater future doom. It stated that the nonchalant attitude of the Buhari-led government to education appears to be the worst in the history of Nigeria with about 7 percent allocation to Education. Chairman, University of Ibadan branch of ASUU, Dr. Deji Omole, who stated this on Monday in an interview with journalists, noted that the failure to vote enough money to public varsity education…

Guinness Nigeria Partners Wecyclers On Waste Management

Apr 17, 2018 topnews

Guinness Nigeria Plc has partnered with Wecyclers, a for-profit social enterprise that promotes environmental sustainability, socio-economic development, and community health, to support Guinness’ waste management agenda. The partnership is expected to, among other things, help support the implementation of Guinness Nigeria’s 4R waste management strategy, covering Reduction, Reuse, Recovery and Recycling, while addressing increasing local and global concerns about environmental issues of waste disposal. Managing Director/CEO, Guinness Nigeria Plc, Mr. Peter Ndegwa, stated that the partnership with Wecyclers was in line with the company’s commitment to reducing environmental impact across…

KONGA, YUDALA IN STRATEGIC MERGER TO RULE E-COMMERCE

Apr 16, 2018 topnews

Konga, Nigeria’s largest online mall and Yudala, Africa’s pioneer composite e-commerce company have officially announced a merger of their operations which will see them effectively become the biggest organized retail and e-commerce/marketplace outfit on the African continent. The business merger, which takes effect from Tuesday May 1st 2018, will see both companies operate under the KONGA brand name. The strategic decision will see both companies leverage the combined strengths of both platforms and is expected to further broaden the scope of organized retail and e-commerce in Nigeria and deliver more…

Coronation Merchant Bank Group records 66% growth in Gross Earnings for 2017 FY

Apr 16, 2018 topnews

Coronation Merchant Bank Limited (‘CORONATION MB); Nigeria’s leading merchant banking brand, announced its 2017 Full Year Results to stakeholders at its Annual General Meeting held in Lagos, in which the Bank posted a Profit Before Tax of N5.1billion. Speaking at the AGM, Abu Jimoh, Group Managing Director/CEO of Coronation Merchant Bank Limited said that, “despite the tough market conditions that characterized significant parts of the year, the underlying business fundamentals of the Bank remained strong as reflected in the Gross earnings growth of 66% to N25.5Bn in 2017. As we progress in…