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NGX Lists N4.075bn AVA Infrastructure Fund

THE Nigerian Exchange Ltd. (NGX) has listed N4.075 billion of AVA Infrastructure Series One Fund on its trading platform. Mr Godstime Iwenekhai, Head, Issuers Regulation Department of NGX, disclosed this in a statement on Saturday in Lagos. Iwenekhai said AVA Global Asset Managers Ltd’s., AVA Infrastructure Series 1 Fund of …

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Pan-African Group Advocates Visa-free Movement

THE Africans Rising Movement, has called on African Governments to work towards ensuring a Visa-Free Movement, one currency and one passport, to facilitate regional integration and development. Ms Ann Lorna, the Communications and Media Lead, Africans Rising, a Pan-African movement, made the call in a statement on Saturday in Abuja. …

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Navy Seeks Special Court For Maritime Cases

DG of VON, Malami Jibrin Baba-Ndace (2nd Left) with Representative of Chief of Naval Staff, Commodore Adams Aliyu (1st Left), during the visit on Friday in Abuja THE Nigerian Navy has advocated the establishment of Special Maritime Court to expedite adjudication on maritime cases. The Chief of Naval Staff, Vice …

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Man Dies In Lagos Tunnel After Five Days Of Search And Rescue

THE Lagos State Emergency Management Authority (LASEMA), has confirmed the death of a man trapped in an underground tunnel for five days around Onipan area of the state. The LASEMA Permanent secretary, Dr Olufemi Oke-Osanyintolu, confirmed this in a statement made available to the News Agency of Nigeria (NAN) on …

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NFVCB Calls For Accurate Data To Boost Film, TV Industry

DR Shaibu Husseini, Executive Director/CEO of the National Films and Videos Censors Board (NFVCB), has emphasised the need for a regulatory body to have access to accurate data to propel the film and TV industry to enviable heights. He spoke at a stakeholders meeting held at the NFVCB Lagos Zonal …

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NNPC, First E&P JV Empower NGOs With N53.4m

THE Nigerian National Petroleum Company Limited (NNPC Ltd.) and First Exploration & Production Limited (First E&P) Joint venture (JV) have donated N53 million to some NGOs in Nigeria. The NNPC Ltd. said the donation was part of its Corporate Social Responsibility (CSR) initiatives. Mr Bala Wunti, Chief Upstream Investment Officer …

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Court Jails Man For N7.6m Fraud In Gombe

GOMBE State High Court has convicted and sentenced one George Habu Nuhu to six months imprisonment for fraud. Nuhu was prosecuted by the Gombe Zonal Command of the Economic and Financial Crimes Commission, EFCC on a one-count charge of intent to defraud. The charge reads: “That you George Habu Nuhu …

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