Aftermath of primaries: Oshiomhole alleges plot, gang up

The All Progressives Congress (APC) national chairman, Adams Oshiomhole, has alleged plans by some influential persons within the party, especially those who lost out in the recent primary elections, to pass vote of no confidence in him. He further lamented that the same elements were frustrating his plans to reposition the ruling party, noting that his transgression…

Verification: FG Allays Fears Of Omitted, Missing Names Of NAL Ex-workers

The federal government has noted the concerns and fears raised on omitted and missing names in the ongoing verification exercise of the liquidated Nigeria Airways Limited (NAL) former workers and has created a help desk to attend to them. The Minister of Finance, Mrs Zainab Shamsuna Ahmed, who stated this on Thursday while addressing the…

Kachikwu Inaugurates Nigerian Content R&D Council

The Minister of State for Petroleum Resources, Dr. Emmanuel Ibe Kachikwu, has inaugurated the Nigerian Content Research and Development Council (NCRDC). The Council is expected to advise the Nigerian Content Development and Monitoring Board (NCDMB) on matters relating to research, development and innovation strategy for the oil and gas industry. The Council’s terms of reference…

FG Borrows N300bn To Fund 2018 Budget

About N300 billion out of the N460 billion the federal government says has been released to finance capital portion of the 2018 budget was borrowed from the Nigerian domestic market, LEADERSHIP can report. Director-general of the Debt Management Office (DMO), Ms Patience Oniha made the disclosure in an exclusive interview with our reporter.  “Maybe almost…

Heritage Bank Wins ‘Most Supportive Bank Of The Year’ Award

Heritage Bank Plc has been adjudged the “Most Supportive Bank of the Year,” at the fourth edition of Green October Event 2018, organised by Alamode Magazine. The bank was recently adjudged “Best SME Bank Nigeria 2018” by Capital Finance International (CFI.co) and “Agriculture Bank of the Year 2018” by the Nigeria Agriculture Awards (MAA). It…

Equities Market Up 1.19% On Banking, Insurance Stocks W-o-W

The Nigerian equities market rose week-on-week (w-o-w) by 1.19 per cent last week as investors’ sentiment remained positive. The overall market performance measure, Nigerian Stock Exchange, All-Share Index (NSE ASI), gained by 384.71 points or 1.19 per cent to close at 32,841.69 points, while market capitalisation appreciated by N140 billion to close at N11.990 trillion….