The Ondo State Police Command yesterday paraded 15 suspects for alleged involvement in armed robbery and rape. The suspects were paraded at the headquarters of the state Police Command in Akure, the state capital, by the state Commissioner of Police, Mr. Bolaji Salami. Of the suspects, 12 were arrested for alleged armed robbery while three others were arrested for allegedly gang-raping a lady, who they made drunk before allegedly committing the act. Salami said all the suspects have confessed to their crimes, which were committed between May and June 2021. In one of the incidents, Salami said one Oluwajuwon was arrested after robbing Oluwatotimi Tosin of his Bajaj motorcycle at FUTA North Gate on June 6, adding that nine motorcycles were recovered from the suspect. Salami added that the co...
Dangote Cement Plc has announced the successful issuance of N50 billion series 1 fixed rate senior unsecured bonds, under its new N300 billion multi-instrument issuance programme. In a statement on Tuesday, the cement producer said the bonds were issued on May 26, 2021 at coupon rates of 11.25 percent, 12.50 percent and 13.50 percent for the three, five and seven-year tranches respectively. The bonds will be listed on the Nigerian Exchange Limited and FMDQ Securities Exchange. Dangote Cement said that the proceeds of the bond issuance will be deployed for the company’s expansion projects, short-term debt refinancing and working capital requirements. “Aside from this first issuance of a traditional bond under the new Multi-Instruments Programme, Dangote Cement has registered a programme ena...