interest

2023: Bode George Declares His Interest For Presidency Seat

Former deputy national chairman of the Peoples Democratic Party (PDP), Bode George, has indicated his interest in contesting for the presidency seat in 2023.

The Pathfinder Consortium, a group led by Uthman Shodipe-Dosunmu, George’s special adviser, made the announcement in a statement.

Bode George, however, didn’t state what platform he would be running under

Although last week, Walid Jibrin, chairman of the board of trustees (BoT) of PDP, said the party will soon commence the search for its 2019 presidential candidate.

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Shodipe-Dosunm said the group will …

Why Eco Is A Joke, Not In Nigeria’s Interest, By Experts

• Blame Nigeria For Dithering On Decision
• ‘Most ECOWAS Central Banks Have Not Audited Accounts In Four Years’

Economic experts have cautioned Nigerians holding the bated breath and anxiously waiting for the much-hyped Eco currency implementation this year 2020, as a common currency for the ECOWAS sub-region.

They have been advised to drop their apprehensions because the declaration by some ECOWAS countries remains a fluke and a joke, as conditions are not yet ripe for the implementation of the single currency for the region, at least not in the foreseeable two years.

They also warned that Nigeria hastily signing …

Border Closure For National, ECOWAS Interest – Omo-Agege

Border Closure For National, ECOWAS Interest – Omo-Agege

Deputy Senate President Ovie Omo-Agege on Friday in Abuja said that the recent closure of Nigeria’s land borders was of national interest and that of ECOWAS member states.
Omo-Agege made this known during a seminar organised by the Konrad Adenauer Stiftung (KAS), a German Foundation with the theme “The roles of Parliaments in Supranational communities”.

Omo-Agege who was represented by Mr Efe Duku, his Special Adviser on Legislative and Plenary Matters, said that the Parliament agreed with the decision of President Muhammadu Buhari on the land border closure.

The Deputy Senate President explained that the non-compliance with the provision of

Interest In Bellwethers Lift Stocks Index By ₦15 Billion

Interest In Bellwethers Lift Stocks Index By ₦15 Billion

Following investors renewed appetite in some bellwether stocks, the Nigerian equities market rebounded yesterday, as market capitalisation appreciated by ₦15 billion.

Specifically, at the close of transactions, the All -Share Index (ASI) rose by 32.11 points or 0.12 percent to 26,397.94 points. Accordingly, investors gained ₦15 billion in value as market capitalisation rose to ₦12.850 trillion.

The upturn was impacted by gains recorded in medium and large capitalised stocks, amongst which were; Dangote Cement, United Bank for Africa (UBA), FBN Holdings, UACN Property Development Company, and Omoluabi Mortgage Bank.

Analysts at Afrinvest Limited said: “Notwithstanding yesterday’s positive performance, we maintain

Airtel Africa receives pre-IPO interest worth $200m

Airtel Africa receives pre-IPO interest worth $200m

One of the bookrunners handling Airtel Africa Ltd.’s planned initial public offering on the London Stock Exchange said on Monday it had received indications of interest worth about $200 million from pre-IPO investors.

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Airtel Africa, a unit of India’s Bharti Airtel Ltd., last week set a price range of 80 to 100 pence per share for its IPO.

The firm is expected to raise 595 million pounds from the issuance of 595.2 million to 744 million new shares. (Reuters/NAN)…