Nigeria, India working to strengthen defence ties—Minister
The Minister of State for Defence, Dr Muhammed Bello Matawalle, has reiterated Nigeria’s commitment to strengthen bilateral ties with the Government of India in the area of Defence Cooperation. Matawalle stated this when he received the Permanent Secretary, Ministry of…
NASCON Allied Industries declares dividend, bonus as Profit grows by 151%
Nigeria’s Leading food seasoning manufacturer, NASCON Allied Industries has gained more market share even as its profit after tax (PAT) rose by 151 percent to N13. 73 billion for the financial year ended December 31, 2023. A review of the…
Area 2 Command Onne Gets CGC Commendation on Revenue, others
The Nigeria Customs Service, Area II Command, Onne Port, Rivers State has recorded an unprecedented, historical milestone in the area of revenue generation. An overwhelming daily revenue collection of ₦22,184,899,508.00 in a single day was recorded as against over two…
Defence Ministers Harps on Harmony With NASS
The Minister of Defence, Mohammed Badaru Abubakar and his counterpart, the Minister of State for Defence, Dr. Bello Muhammed Matawalle have harped on the harmonious working relationship with Nigerian National Assembly as exemplified in the oversight function of the House…
Dangote Sugar Refinery Plc reports loss per share of NGN6.07
Dangote Sugar Refinery Plc (DANGSUGAR) released its 2023FY audited financials over the weekend, reporting a loss per share of NGN6.07 (2022FY EPS: NGN4.51). The loss for the year was triggered by mounting pressure from COGS (+14.1% y/y) and OPEX (+26.0%…
How Priests Cleansed ASPMDA, ushered Emechebe, Exco into offices
Following the restoration of Hon. Ngozi Emechebe administration in ASPMDA on Friday, March 1, 2024 by the IGP Special Squad, ASPMDA oragnised Special Praise and Worship Session yesterday, Monday, March 4, 2024 to thank God and rededicate the entire plaza…
Ajaero returns Tinubu’s Jab, says “Were not after your job”
In an official response to the recent statements attributed to President Bola Ahmed Tinubu during the commissioning of the Lagos Red-Line Railway Project on the Nigeria Labour Congress (NLC), the President of NLC, Comrade Joe Ajaer has replied Mr. President,…
IGP restores Emechebe Administration in ASPMDA after 45 days lock-out
After 45 days of lock-out of office, it was jubilation on Friday, March 1, 2024 at the largest auto market in Africa, the Auto Spare Parts and Machinery Dealers Association (ASPMDA), Lagos International Trade Fair complex as the Special envoy…
2023: Dangote Cement jumps shareholder’s dividend by 50%, to N30 per share
…sales from African subsidiaries rose by 12.7% Pursuant to the promise of Chairman, Dangote Cement, Aliko Dangote at the company’s 2022 Annual General Meeting (AGM), of an enhanced return on Investments to all the shareholders and other stakeholders in Dangote…
Nigeria to be self-reliant in defence equipments production soon—Minister
The Minister of Defence, Muhammed Badaru Abubakar, has said that the new Defence Industries Corporation of Nigeria (DICON) bill signed into law by President Bola Ahmed Tinubu would stimulate the economy thereby making Nigeria to be self-reliance in the manufacturing…
