Nestle Nigeria Plc posts N351.8bn revenue in 2021
Nestle Nigeria Plc has recorded revenue of N351.8 billion as at the year ended Dec. 31, 2021. The company said this in a statement signed by Mrs. Victoria Uwadoka, Corporate Communications and Public Affairs Manager, on Wednesday in Lagos. The figure represents 22.6 per cent growth over the N287.08 billion posted in 2020. According to the beverage company, its gross profit for the...
NNPC, Dangote, Shell, ENI, Agip sign gas supply deal
The Nigerian National Petroleum Corporation Ltd (NNPC) has sealed a deal with partners on gas aggregation to increase local production of fertiliser in the country. The Gas Aggregation Agreement was signed in Abuja on the sideline of the ongoing fifth Nigeria International Energy Summit (NIES 2022) with the theme “Revitalising the Industry: Future Fuels and Energy Transition” on Wednesday. The partners...
FG okays Abba Kyari’s extradition to U.S. over $1.1m fraud
The Federal Government has approved the extradition to the United States of the detained former head of the Police Intelligence Response Team, Deputy Commissioner of Police (DCP) Abba Kyari. The request for his extradition was made by the Federal Bureau of Intelligence (FBI) of the United States over the $1.1 million Internet fraud perpetrated by Abass Ramon (aka Hushpuppi) and...
Udom Administration: Mexican cows without visa
By JOHNSON ETOP March 7, 2018: The day Akwa Ibomites heaved a sigh of relief as availability of meat and dairy products would no longer be a problem in the near future. The hope was built on the assertion by the Udom Emmanuel-led administration that 2,000 PREGNANT Mexican cows were in quarantine and would soon be enroute the state. Hear the...
Governors’ wives deny travelling to Dubai for Aisha Buhari’s birthday
The Nigeria Governors’ Wives Forum has denied travelling to Dubai, the United Arab Emirates to surprise Nigeria’s First Lady, Aisha Buhari, on the occasion of her birthday on February 17, 2022. A video of the governors' wives presenting a birthday cake to Aisha Buhari had gone viral on social media attracting wide condemnations from Nigerians. In the clip, Bisi Fayemi, the...
I have decided to sell Chelsea ― Abramovich
Roman Abramovich has confirmed he is selling Chelsea Football Club. Abramovich made this known in a statement on Wednesday. He had earlier on Saturday stated that he has handed over Chelsea to the trustees of the club’s charitable foundation. However, Abramovich, in a statement on Wednesday, said he would sell the club he bought in a £140m deal in 2003. He added that...
498 Russian soldiers killed as Ukraine delegation set for talks
Russia said Wednesday that 498 Russian soldiers had been killed in Ukraine, its first announced death toll since President Vladimir Putin launched an invasion of the country last week. “Four hundred and ninety-eight Russian servicemen have died in the line of duty,” defence ministry spokesman Igor Konashenkov said in a statement broadcast on state television, adding that “1,597 of our...
Governor AbdulRazak heads 8-member APC zoning committee
The governor of Kwara State, AbdulRahaman AbdulRazak, has been appointed as the chairman of the 8-member zoning committee for the All Progressives Congress (APC) National Convention slated for March 26, 2022. The latest development was disclosed in a statement signed by the National Secretary of the APC Caretaker/Extraordinary Convention Planning Committee (CECPC), Sen. John Akpanudodehe, on Wednesday. He stated that the...
Commission probes air fares hike by domestic airlines
The Federal Competition and Consumer Protection Commission (FCCPC) has said the Commission has commenced an investigation to unravel the circumstances surrounding the “coordinated” hike in air fares by some domestic airline operators in the country. Many Nigerians, who decried the hike in the air fares, had called for the intervention of the FCCPC to reduce the sudden hike by domestic...
EFCC: How four Fidelity Bank officials stole N874m in 3 days
The Economic and Financial Crimes Commission (EFCC) on Wednesday, presented its second prosecution witness, PW2, Peter Ige, an Information System Auditor with Fidelity Bank. The witness revealed how four officials of Fidelity Bank defrauded the bank and its customers of N874 million within three days. The quartet in the ongoing trial are Olusegun Babasola, Abisola Ahmed, Uchechukwu Uma, and Jude Aphaeus,...
