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STATE  2013 2014 2015 Abia 1080 1080 1080 Adamawa 2580 2580 2580 Akwa-Ibom 1568 1568 1568 Anambra 804 804 804 Bauchi 1468 1468 1468 Bayelsa 200 200 200 Benue 1408 1408 1408 Borno 3422 3422 3422 Cross Rivers 1228 1228 1228 Delta 1098 1098 1098 Ebonyi 588 588 588 Edo 2092 2092 2092 Ekiti 200 […]

Punch China offers $6bn infrastructure loan to Nigeria:China has offered Nigeria a loan worth $6bn to fund infrastructure projects in Africa’s biggest economy. Fuel queues fail to disappear:Queues by motorists and other fuel users at filling stations failed to disappear in major cities across the country on Tuesday. Power, telecom firms must go public – […]

OFFENCES                  2013                  2014      2015 AS AT Q2  M  F  M  F  M  F  Debt 618 28 884 50 147 5 Arson 685 14 777 31 221 6 Affray 1,000 12 844 20 550 46 Assualt 8,301 681 7,128 529 3,044 263 Murder 6,852 320 8,153 407 2,547 111 Treason 387 44 349 […]Read More

On 24 March 2016, Seplat Petroleum Development Company Plc (“Seplat” or the “Company”), announced its intention to pay a 2015 final dividend of 4 US cents per share. For shareholders the default currency for the dividend will depend on whether the shareholder has a Nigerian Certificate for Capital Importation (“CCI”) and is determined as follows: […]Read More

The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has maintained that the agricultural sector would not survive on high commercial interest rates from banks. Emefiele was speaking at the Nigerian Agri-Finance Conference, themed: “Catalysing the Diversification of the Nigeria Economy through Effective Agricultural Finance” held in Abuja. Represented by CBN Deputy Governor, […]

Securities and Exchange Commission (SEC) has said it was able to recover about 1,662 share certificates from the Alliance Capital Management Company Limited (ACMCL),due to 250 complaints against the ACMCL between June 2007 and March 2010. According to the commission preliminary investigation was conducted and lead to the ouster of the Managing Director of the […]

Press Release: Vantage Capital (www.VantageCapital.co.za), Africa’s largest mezzanine fund manager, announced today that it has provided $20 million (R294 million) of funding to Landmark Africa (www.LandmarkAfrica.com), one of Nigeria’s leading property developers. Landmark has developed or managed over 130,000 m2 of prime real estate across the continent. The real estate company is headquartered in Lagos, with offices […]Read More

The Executive Secretary of NEITI, Waziri Adio who was recently appointed by President Buhari has publicly declared his assets. He declared his assets after issuing a press release to several news outlets including Nairametrics. Here is a summary of his assets as at today. Cash in Nigerian Banks: • As at 30 March 2016, I […]

State Banks’ Credit on State Basis in 2015 (N’ Million)  Banks’ Deposit on State Basis in 2015 (N’ Million)  Abia                                  72,377.98                         243,982.79 Federal Capital Territory                               402,119.36                      2,304,278.67 Adamawa                                  45,615.13                           78,417.90 Akwa Ibom                                  56,100.81                         214,153.91 Anambra                                  39,635.02                         371,051.96 Bauchi                                  31,094.77                           48,930.23 Bayelsa                                  26,168.41 […]Read More

Those who pull the strings are apt to push racial division and general chaos, as the economic avalanche falls in on the population at large. As SHTFPlan.com’s Mac Slavo notes, uncertain about why finances and money become so difficult, most will fall into the trap of faction-vs-faction on the streets, as the elite helicopter away […]

Air Peace has been named Airline Partner for the Oganiru Enugu State Investment Summit that started on Tuesday April 12 and will end on Thursday April 14. The summit is holding at the Michael Okpara Square, Independence Layout, Enugu, and is themed “Beyond Oil: Fostering Inclusive Economic Growth and Sustainable Development”. The Oganiru Enugu State […]

President Xi Jinpeng in company of President Buhari exchange compliments with Nigerian delegation which includes L-R: Minister of Power, Works & Housing Babatunde Raji Fashola (SAN), Minister of Transport ,Rotimi Amaechi, Minister of Science and Tecnology ,Ogbonnaya Onu, Governor of Benue State ,Dr. Samuel Ortom, Governor of Yobe State ,Alhaji Ibrahim Geidam, Governor of Oyo […]