Nestle Nigeria Plc has posted a 43.4 percent Year-on-Year (YoY) increase in its revenue for the first quarter ended March 31, 2024 (Q1’24). Specifically, the company grew its revenue to N183.5 billion in Q1’24 from N128 billion in the corresponding period in 2023, Q1’23. Highlights of the company’s Q1’24 financial statement filed at the Nigerian Exchange Limited (NGX) […]
Former Kaduna Central lawmaker, Senator Shehu Sani, has urged President Bola Tinubu not to allow the United States and French military bases in Nigeria. Sani made this appeal in a statement via his verified X handle on Tuesday. He stated, “The French forces and American troops evicted from Niger Republic must not be accommodated in […]
The ruling All Progressives Congress has accused the National Leader of the New Nigeria People’s Party, Senator Rabiu Kwankwaso of deliberately attempting to undermine the political relevance of its National Chairman, Abdullahi Ganduje in Kano State. The National Legal Adviser of the APC, Prof Abdulkareem Kana stated this in an interview on Channels Television’s Politics […]
Manchester United are at risk of failing to qualify for Europe next season after a dismal 4-0 thrashing at Crystal Palace left the Red Devils eighth in the Premier League. Michael Olise scored twice, either side of goals from the in-form Jean-Philippe Mateta and Tyrick Mitchell, as the Eagles’ resurgence since the appointment of Oliver Glasner as […]
The Joint Admissions and Matriculation Board, JAMB, has announced release of additional 531 results of candidates who sat in the 2024 Unified Tertiary Matriculation Examination, UTME. The released results were among the over 64,000 results JAMB had withheld over suspected examination infractions This development has taken the total number of results released so far to […]
San Antonio Spurs star Victor Wembanyama won the 2024 NBA Rookie of the Year award, the league announced on Monday, marking the first time a Frenchman has captured the honor. The 20-year-old center, a 7-foot-4 (2.24m) prodigy who was the top pick in last year’s NBA Draft, averaged 21.4 points, 10.6 rebounds, 3.9 assists, a league-high 3.6 blocked […]
The police command in Ogun on Monday confirmed the abduction of travellers at Ilisan/Iperu axis on the Sagamu-Benin expressway. SP Omolola Odutola, the State Police Public Relations Officer (PPRO), who confirmed the incident to newsmen in Abeokuta, said that the abduction happened on Friday. Odutola, however, explained that the police could not specifically say the number […]
The Central Bank of Nigeria (CBN) has ordered all banks to start charging a 0.5 per cent cybersecurity levy on all electronic transactions within the country excluding 16 listed banking deals. According to a circular signed by the Director, Payments System Management Department, Chibuzo Efobi; and the Director, Financial Policy and Regulation Department, Haruna Mustafa; […]
Nigeria Labour Congress, NLC, and its Trade Union Congress of Nigeria, TUC, counterpart, have given the Nigerian Electricity Regulatory Commission, NERC, till May 12 to withdraw the recent hike in electricity tariff or face unprecedented industrial action. The ultimatum was issued in a joint letter to the Chairman/Chief Executive Officer, CEO, dated May 3, 2024, and […]
ABUJA — Against the backdrop of continued shortages and queues at petrol stations, pump prices are now settling at higher ranges across independent marketers and some major marketers. Gaps between prices at major marketers’ filling stations and those of independent marketers are widening with major marketers maintaining relatively stable prices while independent marketers have adjusted their […]
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