Nissan shares plunge after profit warning

Nissan tumbled more than 10 percent on Thursday after the Japanese automaker issued a profit warning, citing “intense sales competition”, especially in the United States. The company and its domestic rivals are also struggling to stand their ground in China’s market as fast-growing electric vehicle firms backed by Beijing race ahead. Net profit in the […]

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Why candidates with high UTME scores fail to secure admission

The media space was awash last week with revelations during the yearly Joint Admission and Matriculation Board (JAMB) National Policy meeting where the requisite scores for admission are agreed upon. The process usually starts with all institutions submitting their required scores, after which the heads of the institutions, which include vice chancellors, rectors, provosts, registrars […]

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Reconsider 70% forex windfall tax, stakeholders tell FG

Opposition to the imposition of a 70 per cent foreign exchange windfall tax on commercial banks rose yesterday with stakeholders asking the federal government to reconsider the tax. They asked President Bola Ahmed Tinubu not to assent the amended Financial Bill passed by both the Senate and House of Representatives. It was reported that the […]

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Nationwide protest: SGF, ministers hold emergency meeting today

The Federal Government has scheduled an emergency meeting for Wednesday (today) morning in response to a planned nationwide protest slated for August 1. This comes after President Bola Tinubu pleaded with the organisers to shelve the protests and give his administration more time to execute people-oriented programmes. A circular shared on Tuesday by sources with […]

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JUST IN: Plane crashes on takeoff in Nepal with 19 aboard

A passenger plane carrying 19 people crashed during takeoff in Nepal’s capital Kathmandu on Wednesday morning, with fire crews working to douse the flaming wreckage. The Saurya Airlines plane crashed at around 11:15 am (0530 GMT), Nepal’s military said in a statement. “Rescue work is going on” with the army’s quick response team lending assistance, […]

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