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Cutix Plc confirms insider purchase of 1,120,000 shares

WorldStage Newsonline– Cutix Plc, a Nigerian quoted firm which manufactures and markets electrical, automobile and telecommunication wires, cables and related products has confirmed a purchase of 1,120,000  shares of the company at N1.70 per share by Adtec Ltd, a company related to a substantial shareholder Dr Gilbert Obiajulu Uzodike.

POLITICS

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Ex- Polaris Bank boss says rescuing Skye Bank saved 8,000 jobs, N1trn customers’ funds

A former Managing Director, Polaris Bank, Mr Tokunbo Abiru, says the defunct Skye Bank could have claimed eight thousands jobs and one trillion naira customers’ funds, if not rescued when in distressed.

FOREIGN

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2020 World Tourism Day: Nigeria to leverage on tourism to boost grassroots devt.

WorldStage Newsonline–  Nigeria will leverage on tourism in its efforts to take development to the grassroots, the Minister of Information and Culture, Alhaji Lai Mohammed, has said in a statement to mark the 2020 World Tourism Day, which has the theme: ”Tourism and Rural Development.”