BUA Foods grows profit to N112bn BUA Foods has improved profit after tax by 22.72 per cent to N112.1bn in 2023 from the N91.3bn reported in the prior year. According to its annual report and financial statements for the year ended December 2023 filed with the Nigerian Exchange Limited,[Read More…]
LASG, FAAN sign MoU on 28km road project The Lagos State Government, through the Office of Public-Private Partnerships and the State Ministry of Works and Infrastructure, has signed a Memorandum of Understanding with the Federal Airport Authority of Nigeria to build a 28km toll road. The new road[Read More…]
Tinubu jets off to Senegal for Bassirou Faye’s Inauguration as new president President Bola Tinubu will on Tuesday depart Abuja for Dakar, capital of Senegal to attend the inauguration of Senegal’s President-elect, Bassirou Diomaye Faye. A statement on Monday, Ajuri Ngelale, presidential spokesperson, said the president’s visit is[Read More…]
NCC extends NIN-SIM deadline to July 31 The Nigerian Communications Commission (NCC) has extended the deadline for the disconnection of unlinked lines from April 15 to July 31, for subscribers with more than four SIM cards. According to source from the Telecommunication sector the deadline for those with less than[Read More…]
Blackout looms as national grid collapses the second time in 2024 The country has again suffered another nationwide blackout – the second time in three months in 2024. The national electricity grid, centrally managed from Osogbo, Osun state, suffered a collapse at 4:30 pm on Thursday, leaving millions[Read More…]
‘Budget Padding’, Ningi gives Akpabio seven days to revoke suspension Senator representing Bauchi central, Abdul Ningi, has given Godswill Akpabio, senate president, a seven-day ultimatum to lift his suspension from the upper legislative chamber. In a letter dated March 27 and addressed to Akpabio through Femi Falana, his counsel,[Read More…]
FAAN shuts KFC at Lagos Airport over discrimination against Gbenga Daniel’s son The Federal Airports Authority of Nigeria (FAAN) has shut down a fast food chain KFC outlet at the Murtala Muhammed International Airport (MMIA) in Lagos over discriminatory practices. It was closed down with immediate effect from Thursday, March[Read More…]
Binance Executive Sues Ribadu, EFCC Detained Binance executive, Tigran Gambaryan, has sued Nuhu Ribadu, the national security adviser (NSA) and the Economic Financial Crimes Commission (EFCC) over alleged violation of his fundamental rights. According to NAN on Thursday, Gambaryan, in the originating motion dated and filed March 18[Read More…]
INEC rejects Labour Party’s National Convention The Independent National Electoral Commission (INEC) has disowned Wednesday’s Labour Party (LP) National Convention in Anambra. Rotimi Oyekanmi, the chief press secretary to INEC Chairman Mahmood Yakubu, said this when he spoke with the News Agency of Nigeria (NAN) in Abuja on Thursday.[Read More…]
Abure re-elected Labour Party chair Mr Julius Abure has been re-elected as the National Chairman of the Labour Party for a second term by a unanimous affirmation of delegates. The Chairman of the National Convention and Deputy Governor of Abia State, Mr. Ikechukwu Emetu declared him the winner during[Read More…]
