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nairametrics.com
now
NAFDAC seals 50 retail outlets in Kaduna over unhygienic sale of edible oil
Website Save my name, email, and website in this browser for the next time I comment. Δdocument.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Business News | Stock Market | Money Market | Cryptos | Financial Literacy | SME | © 2024 Nairametrics Login to your account below Fi...
nairametrics.com
now
Oando Plc posts N81.2 billion loss in FY 2022, cites challenges with militancy and pipeline vandalism
It’s 2023 FY results is also being expected as regulatory compliance efforts continues. According to the Company’s statement, in its downstream business, Oando sold approximately 21.8 million barrels of crude oil under various contracts with NNPC Ltd. In addressing the operational challenges faced during th...
nairametrics.com
now
UPS beats analysts'' expectations with earnings of $1.43 per share in Q1
According to Bloomberg report, UPS’ shares rose 1.4% before regular trading in New York. The stock fell 7.5% this year through Monday’s close. Tomé is trying to expand sales and profit amid soft demand for package delivery coming out of the pandemic. UPS last month said it expects consolidated revenue to climb as ...
Daily Post
now
2 Views
Gaps in girls'' education prompted formation of alternative high school – Oluremi Tinubu
The First Lady, Oluremi Tinubu, has described her support for the education of the girl child as a response to the yawning gap in girls’ education in Nigeria. She made this known while launching the Alternative High Schools for Girls on Tuesday in Osogbo, the Osun State Capital. The First Lady noted: “This ...
nairametrics.com
now
Official exchange rate falls 17.4% in 5 days, hit month to date low of N1300/$1
The exchange rate has now weakened by 17.5% in a matter of 5 days as concerns mount over the central bank’s ability to sustain the gains recorded in recent weeks. According to data from the FMDQ, the exchange rate closed at at N1,300.15/$1 on a total daily turnover of $133.65 million. Over the weekend, the Centra...
Guardian NG
now
7 Views
Kogi Assembly wants Yahaya Bello's name removed from EFCC wanted list
EFCC declared Bello alongside Ali Bello, Dauda Suleiman and Abdulsalam Hudu on 19-count charges bordering on money laundering to the tune of N80, 246, 470,089.88 A member of the House representing Ajaokuta State Constituency in the House, Jibrin Abu, raised the motion. The motion is titled “A call to end all false, f...
nairametrics.com
now
4 Views
Stocks Decline Amid Currency Fluctuations, Nestle Nigeria Reports Forex Losses
Stocks experienced another downward trend, with the All-Share Index dropping by 2.71% to close at 99,539.75 points, and market capitalization at 56.29 trillion Naira. Despite the market downturn, the general ASI is up 33% year-to-date, likely to dip below the inflation rate. Nestle Nigeria Plc reported that 94% of its ...
nairametrics.com
now
2 Views
ILO report: Over 70% of global workforce face ''˜cocktail'' of climate-related health hazards
It also discusses how various countries are updating or introducing new legislation, regulations, and guidelines, as well as enhancing climate mitigation strategies, such as improving energy efficiency in workplaces. According to the ILO’s findings, more than 2.4 billion workers, out of a total global workforce o...
nairametrics.com
now
2 Views
Power crisis: FG commences unbundling of 11 DisCos along state lines
Adelabu, who stated that the privatisation of these DisCos would not be reversed, stressed that the power firms would be broken into more efficient structures along state lines to be able to deliver on their mandates. He also revealed that over 100 projects of the Transmission Company of Nigeria (TCN) have not been com...
nairametrics.com
now
7 Views
ASR Africa kicks off the construction of a N250 million Abdul Samad Rabiu sport complex for the University of Jos
Speaking at the event, the Vice Chancellor of the University, Prof. Tanko Ishaya, praised the Chairman of ASR Africa, Abdul Samad Rabiu for the critical facility intervention. He mentioned that at the time of the institution’s nomination by ASR Africa for this laudable project, the university management was concerned...
nairametrics.com
now
7 Views
NESG, CWEIC laud the potential of LFZ to contribute to Nigeria''s GDP
Aduloju made this declaration while leading a delegation of Nigeria Economic Summit Group alongside the Commonwealth Enterprise and Investment Council (CWEIC) headed by its Chief Executive, Rosie Glazebrook, on a courtesy visit to Lagos Free Zone, Ibeju Lekki, on Friday, April 19, 2024. Aduloju explained that the integ...
nairametrics.com
now
7 Views
Leadway Pensure records 25% growth in revenue in 2023
Speaking on Leadway Pensure’s season of revenue and investment growth, Chief Executive Officer of Leadway Pensure, Mr. Lanre Idris, stated that this outstanding achievement further solidifies the company’s position as a value-driven, growth-oriented organisation with a unique drive thereby positioning PFA a...
Daily Post
now
7 Views
Ibrahim, Omogoroye demand cancellation of APC primaries in Ondo
Senator Jimoh Ibrahim and Folakemi Omogoroye, who were among the 15 aspirants that contested the April 20 primaries of the All Progressives Congress, APC, in Ondo State, have denounced the alleged irregularities recorded during the exercise. The two aspirants, who called for the cancellation of the outcome of the exerc...
nairametrics.com
now
7 Views
MRS Oil Nigeria seeks shareholders'' approval to delist from NGX
The decision to exit from the NGX was contained in the notice of an Extraordinary General Meeting to be held in Lagos on May 21, 2024. The company will also seek shareholders’ approval for its Memorandum and Articles of Association (MemArts) to be modified to allow for a share buyback and share capital reduction. Thi...
nairametrics.com
now
7 Views
Bears dominate as stock tumble 353.51 points, shedding N200 billion in value
The All-Share Index fell by 353.51 points, ending at 99,311.54 points, indicative of a general pessimistic investor sentiment. There was also a downturn in market capitalization, which saw a reduction of about N200 billion, settling at N56.167 trillion from a previous N56.367 trillion. This downward trend was largely d...
nairametrics.com
now
2 Views
Microsoft, Coca-Cola sign $1.1 billion technology deal
The statement noted that the collaboration underscores Coca-Cola’s ongoing technology transformation, underpinned by the Microsoft Cloud as Coca-Cola’s globally preferred and strategic cloud and AI platform. Through the partnership, the companies will jointly experiment with groundbreaking new technology like Azure...
Sahara Reporters
now
7 Views
Open Letter To Health Minister, Prof. Muhammad Ali Pate On Nigeria''s Mental Health Crisis, By Halima Layeni
I pen this letter to you with a heavy heart, but also with a fervent hope for change. As the Minister for Health and Social Welfare, you shoulder the immense responsibility of safeguarding the well-being of every Nigerian. Yet, amidst the myriad challenges we face as a nation, one issue stands out as a glaring i...
Sahara Reporters
now
7 Views
The Bombs On Gaza And Biafra, By Cyril U. Orji
Sahara Reporters
4min
9 Views
When We Give Charity, We Subsidise Failure Of Nigerian Government And Discourage People From Holding Public Officials Accountable ''“Aisha Yesufu
She made the remarks during an exclusive interview with Rudolf Okonkwo on 90MinutesAfrica on Sunday. "We are playing the role of government by providing charity for people," the member of the Obi-Datti Presidential Campaign stated. She explained that the Nigerian government has said they can no longer continue subsidis...
Sahara Reporters
4min
9 Views
Dana Air Confirms 83 Passengers Evacuated From Ill-Fated Plane, Says It's Cooperating Fully With Investigation
The Nigerian Safety Investigation Bureau (NSIB) earlier said it had begun an investigation into the incident. A photograph of the aircraft obtained by SaharaReporters on Tuesday had captured the moment after the aircraft moved out of the runway. It was also gathered that although there was panic, the passengers w...
nairametrics.com
4min
9 Views
Dana Air flight skids off runway at Lagos airport, no injuries reported
Website Save my name, email, and website in this browser for the next time I comment. Δdocument.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Business News | Stock Market | Money Market | Cryptos | Financial Literacy | SME | © 2024 Nairametrics Login to your account below Fi...
Sahara Reporters
9min
9 Views
Yoruba People Who Thought Tinubu Meant It Was Their Turn When He Said ''˜Emilokan'' Now Understand He Doesn''t Represent Them ''”Sowore
Sowore made this known in his speech at a recent event organised by his supporters in New York, United States of America. He lamented that Nigerians had yet to rescue the country from the political class that contributed immensely to the current socio-economic challenges facing the country. Sowore added that the same p...
Sahara Reporters
9min
4 Views
Nigeria Police Dispatch ''˜Seasoned Officers'' To Investigate Cases Of Bullying At Abuja Lead British International School
An X user @mooyeeeeeee posted two videos on Monday where the victim she identified as Maryam Hassan was repeatedly assaulted by another female student, thereby seeking justice. The school in a statement issued on Tuesday said an investigation had begun into the cases of bullying of students by their colleagues. It also...
Sahara Reporters
9min
4 Views
Randy University Of Nigeria Professor Caught With His Pants Down Inside Office With Married Student, Arrested By Police
Prof. Mfonobong Udoudom, a senior lecturer at the University of Nigeria Nsukka (UNN) has been caught with his pants down his office with a married student. SaharaReporters learnt that Udoudom, a lecturer in the School of General Studies at UNN, was arrested by the police on Monday and has been in detention since...
Sahara Reporters
14min
13 Views
Google Fires ''˜At Least 20 More Workers'' Who Protested Its Deal With Israel Amid Gaza War
According to the group, the total number of terminated staff members is more than 50. It’s the latest sign of internal turmoil at the tech giant centred on “Project Nimbusâ€. The project is a $1.2 billion contract signed in 2021 for Google and Amazon to provide the Israeli government with cloud computing and artif...
Sahara Reporters
14min
9 Views
U.S. Judge Tells Trump''s Lawyer In Hush Money Trial ''˜He''s Losing All Credibility'' As Prosecutors Want Ex-President Fined For Violating Gag Order
This comes as the judge considered whether the former president should be punished for violating a gag order that prevents him from publicly criticising witnesses and others involved in the case. Prosecutors asked Justice Juan Merchan to fine Trump $10,000 for violating the order, Reuters reports. But the defence lawye...
Sahara Reporters
14min
9 Views
NEITI Guidelines Committee Failed To Deliver Credible Outcome Because It Lacks Independence, Says PWYP
Online Nigeria
19min
2 Views
Van Persie Close To Being Appointed Head Coach Of Eredivisie Club
Sahara Reporters
24min
9 Views
Nigerian Senate Summons Power Minister, Others For Investigative Hearing On April 29
Adelabu said that the importance of power to economic growth and industrial development of any nation cannot be overemphasized as no sector can perform optimally without a stable, effective, functional and cost-effective power supply. The minister stated this when he received the Senate Committee on Power led by its Ch...
Daily Post
25min
9 Views
We''re investigating ex-Aviation Minister Hadi Sirika – EFCC
The chairman of the Economic and Financial Crimes Commission, EFCC, Ola Olukoyede, has confirmed the probe of former Minister of Aviation, Hadi Sirika. This followed reports that EFCC had arrested Sirika over an $8 billion contract fraud. However, Olukoyede said EFCC was also investigating other people in the aviation ...
The Sun
26min
4 Views
Energy crisis: NERC begs NASS to unbundle TCN
Daily Post
30min
4 Views
Tinubu committed to uplifting Nigerians out of poverty – VP Shettima
Vice President Kashim Shettima has said the administration of President Bola Tinubu has never hidden its commitment to improving the quality of life of the average Nigerian to uplift them from poverty. This, he said, is demonstrated in some of the policies and programmes planned by the government, even as he said the R...
The Sun
31min
10 Views
Unlawful detention, deportation: Rights activist takes Ghanaian govt to ECOWAS court
By Sunday Ani A human rights activist and journalist, Shallie Abbuisi, has filed a writ against the Ghanaian government at the Economic Community of West African States (ECOWAS) Court of Justice for what she termed unlawful arrest, detention and deportation by the Ghana Immigration Service. Abbuisi, who is the spokespe...
The Sun
31min
9 Views
NSIB commences investigation into runway excursion involving Dana Air
By Chinelo Obogo The Nigerian Safety Investigation Bureau (NSIB) has commenced an investigation into the runway excursion incident that occurred on Tuesday, April 23, involving a Dana Air’s McDonnell Douglas MD-82 aircraft at the domestic wing of the Murtala Muhammed International Airport, Lagos. NSIB said the incide...
The Sun
36min
10 Views
Purported suspension: APC state chairmen pass confidence vote on Ganduje
The Sun
36min
10 Views
Lagos commercial drivers protest lock up of garage
nairametrics.com
36min
7 Views
Nigeria spends $3.5 billion on debt service in 2023, up 55% YoY
The data is contained in the central bank’s latest Quarterly Statistical Bulletin. This $3.5 billion spent represents a 55% increase from the $2.6 billion incurred in 2022 as debt service related payments for the country’s external debts. Data from the Debt Management Office indicates Nigeria has a total ex...
Guardian NG
38min
9 Views
United Capital declares N10.8bn dividend at 11th Annual General Meeting
The meeting commenced with a statement by Prof. Chika Mordi, Chairman of the Board of Directors, United Capital Plc, highlighting the consistent impressive financial performancedelivered by the group“Despite the macroeconomic turbulence in 2023, United Capital Plc reported an outstanding financial performance. [Our] ...
Sahara Reporters
43min
9 Views
Lead British School Saga: Amnesty International Calls For Zero-Tolerance Policy To Bullying In Nigerian Schools, Remembers Late Assault Victims, Oromoni And Yahaya
Amnesty said the culture of abuse and bullying which is gradually becoming a recurring issue in Nigerian schools is a danger to society – both in short and long term. SaharaReporters earlier reported that the government had shut down the school for three days following the outrage that trailed Namtira’s physical as...
Daily Post
44min
4 Views
Group knocks IGP for opposing establishment of state police
The Igbo Renaissance Forum, IRF, has expressed deep disappointment regarding the recent opposition against the establishment of state police by Kayode Egbetokun, the Inspector General of Police. The forum said the IGP’s stance reflects a deep-seated reluctance to embrace necessary change in Nigeria’s polici...
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