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Chinua Azubike

InfraCredit Receives AAA Rating From GCR, Agusto

Infrastructure Credit Guarantee Company Limited said it has received AAA credit rating from Agusto & Co and Global Credit Ratings. InfraCredit is a credit guarantee institution backed by the Africa Development Bank, the Nigeria Sovereign Investment Authority and some other financial institutions
July 23, 2021
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Oyo Seeks Regional Status for  Ibadan Airport

THE opposition-led Oyo State Government is asking the Muhammadu Buhari-led All Progressives Congress (APC) federal government to upgrade and grant regional status to the airport in Ibadan, the state capital. Governor Seyi Makinde, on Thursday, asked the Buhari government to take necessary
July 23, 2021
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NETCO Posts N3.37bn Profit, Declares N400m Dividend

The National Engineering and Technical Company (NETCO), a subsidiary of the Nigerian National Petroleum Corporation (NNPC), has reported a profit before tax of N3.37 billion for the year ended Dec. 31, 2020. Mr Adeyemi Adetunji, Chairman, Board of Directors, NETCO, made the
July 23, 2021
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NGX Opens Bullish, Gains N330bn After Sallah

The Nigerian Exchange (NGX) resumed from the Sallah holiday on Thursday bullish, with the market capitalisation appreciating by N330 billion. Analysts said the price appreciation was buoyed by buy-interest in all the major market sectors with the exception of the insurance sector.
July 23, 2021
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Igboho Remains In Beninese Cell As Court Adjourns Hearing

The embattled Yoruba Nation agitator, Sunday Adeyemo, popularly known as Sunday Igboho, has been returned to cell in Benin Republic. His return to the custody of Brigade Criminelle in Cotonou followed the decision of the Court D’Appeal to adjourn the hearing on
July 22, 2021
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At Last, Super Tucano ‘Fighter’ Arrives Nigeria

The Nigerian Air Force  (NAF) on Thursday took delivery of the first batch of six A-29 Super Tucano aircraft from the U.S. The Director of Public Relations and Information, NAF Headquarters, Air Commodore Edward Gabkwet, announced this in a statement in Abuja.
July 22, 2021
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Civil Servants Fail To Resume After Eid-el-Kabir Celebrations

Few civil servants resumed work at the Federal Secretariat in Abuja on Thursday after a two-day Eid-el-Kabir festivity. Our correspondent, who visited the Federal Secretariat, observed that virtually all the offices were empty and a few cars were parked at the parks
July 22, 2021
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