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Union Bank raises 50 billion capital to accelerate growth

Union Bank raises 50 billion capital to accelerate growth

Union Bank of Nigeria (UBN) Plc anticipates improved performance in its business as it begins to deploy about N50 billion new capital raised recently from its shareholders. Chief Executive Officer, Union Bank of Nigeria (UBN) Plc, Mr. Emeka Emuwa, said the net proceeds from the rights issue, which was oversubscribed by 20 per cent, would accelerate the pace of doing ...

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Federal Government urged to show commitment towards housing sector

Federal Government urged to show commitment towards housing sector

A housing expert, Mr Festus Adebayo has appealed to the Federal Government to show commitment and exercise strong political will in ensuring speedy growth in the housing sector in 2018. Adebayo, Managing Director of FESADEB Communications Ltd., convener of the annual Abuja International Housing Show, made the appeal on Wednesday in an interview with the News Agency of Nigeria (NAN), ...

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A portion of the Apapa-Wharf road to be opened to reduce traffic

A portion of the Apapa-Wharf road opened to reduce traffic

The Section 1 of the four kilometer Apapa-Wharf Road in Lagos State currently under reconstruction would be opened to traffic before January end. The Federal Controller of Works in Lagos, Mr Godwin Eke has said. Eke told the News Agency of Nigeria of Nigeria (NAN) in Lagos on Wednesday that the measure was to reduce gridlock and hardship to road ...

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Wike- Cultism and kidnapping will attract death sentence

cultism and kidnapping will attract death sentence-Wike

The Rivers State Governor, Nyesom Ezenwo Wike has declared that the State Government will amend the State Anti-kidnapping Law to prescribe death sentence for criminals involved in cultism, robbery and kidnapping. In a state broadcast on Monday on the killing of Johnson Igwedibia alias Don Wanny, Governor Wike stated that the Rivers State Government has zero tolerance for crime and ...

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“Give Buhari time, he will perform in two years”- Dr Frederick Fasehun

Federick Fasehun-"Give Buhari time, he will perform"

The founder and president of O’odua People’s Congress (OPC), a Yoruba Socio-Cultural group, Dr Frederick Fasehun on Tuesday said that President Muhammadu Buhari still has about two years to perform to canvass for re-election by Nigerians in 2019. He disclosed this at a news conference in Lagos on the state of the nation. Fasehun, who noted that the present administration ...

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6 Red Flags That Indicates You Are About To Be Defrauded

red flag

Times are hard and like they say, when the going gets tough, the tough gets going. Every day dubious and lazy men adopt new means of getting clients or defrauding people. These so-called clients are unsuspecting victims or what some persons would call ‘Maga’, who fall for the whims and caprices of the scammers. In this article, Ezra Akintonde Esq, ...

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Pregnant Woman and Okada rider crushed to death in Anambra

pregnant woman and okada rider crushed to death in Anambra

A 22-year old pregnant woman identified as Ifeyinwa Nwobodo and a commercial motorcyclist have been killed by a hit and run bus driver along Ekwulobia-Isuofia road in Anambra state. It was learnt that Ifeyinwa, from Ebonyi state, was on a motorcycle when she was knocked down by a bus driver who ran away, leaving her and the Okada rider lying ...

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Federal Government focuses more on road constructions in Lagos State

Federal Government focuses more on road constructions in Lagos State

The Federal Government on Tuesday in Lagos promised massive road repairs nationwide, after completing some ongoing projects in Lagos. The Federal Controller of Works in Lagos, Mr Godwin Eke, gave the assurance in an interview with newsmen in Lagos. He urged residents of Lagos, in particular and Nigerians, in general, to expect more as the government was commited to deploying ...

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