GSK: Experts fear more coys may exit Nigeria

GSK: Experts fear more coys may exit Nigeria

Operators have expressed fears of more foreign companies leaving the country, following the recent announcement of GlaxoSmithKline Consumer Nigeria Plc to shut down its operations in the Nigeria. GSK, a company into research that developed and manufactured innovative pharmaceutical medicines, vaccines and consumer healthcare products, said its parent company, GSK Plc UK, revealed its intention to cease commercialisation of its prescription medicines and vaccines through its Nigerian subsidiary. It would […]

August 9, 2023 15

POLITICS

Obaseki dismisses impeachment plot, says Shaibu planning APC defection

The Edo State Governor, Godwin Obaseki, on Monday, stated that there was no plan to impeach his deputy, Philip Shaibu. The governor, however, noted that the move by Shaibu seeking a court order to stop his purported impeachment was preemptive ahead of his alleged plan to defect to the All Progressives Congress. The governor, while briefing journalists in Benin City during a visit by the Edo North leaders, alleged that […]

August 8, 2023 79

POLITICS

Niger coup plotters name economist as new prime minister

Nearly two weeks after the military took over power in Niger, the coup plotters have named former economy minister Ali Mahaman Lamine Zeine as the country’s new prime minister. A spokesman for the military junta made the announcement on television late on Monday night. Lamine Zeine was formerly the minister of economy and finance for several years in the cabinet of then-president Mamadou Tandja, who was ousted in 2010, and […]

August 8, 2023 95

NEWS

Eagles FM Abuja wraps up The Abuja Quizard show in Grand Style

On July 27, 2023, the Eagles FM highly anticipated secondary school quiz program, 'The Quizard Show,' culminated in a thrilling grand finale at Station's office in Abuja.The show, which spanned 13 exciting weeks, showcased the brilliance and knowledge of young minds from various secondary schools in Abuja. With captivating questions and intense rounds, the Quizard Show became a favorite among students, teachers, and parents alike. Throughout its run, the program […]

August 1, 2023 130

SPORTS

Falcons to receive $60,000 for last 16 slot

Each Super Falcons player will earn $60,000 match bonus if the former African champions reach the Round of 16 at the ongoing 2023 Women’s World Cup. Randy Waldrum’s side needs a point from their last group game against debutants, Republic of Ireland, on Monday (today) to confirm their place in the knockout round. Each member of the 23-woman squad is already guaranteed $30,000 for participating in the group stage. A place […]

July 31, 2023 22

SPORTS

Napoli reject Al-Hilal’s €130m bid for Osimhen

Napoli president Aurelio De Laurentiis has turned down a lucrative €130m bid from Al-Hilal for Nigerian striker, Victor Osimhen. The Saudi side, backed by sovereign wealth fund PIF, approached Napoli with a substantial offer in an attempt to secure the services of the Nigerian forward. This move comes after their initial interest in Paris Saint-Germain’s Kylian Mbappe was met with a cold response, leading them to explore other options. Osimhen, who […]

July 31, 2023 17

BUSINESS

Wema Bank’s profit rises by 97 per cent to N10.48bn

Wema Bank said its profit after tax rose by 97 per cent in the first half of 2023 financial period to N10.48bn from N5.30bn in H1, 2022. It disclosed this in its unaudited financial statements for the period ended June 2023, filed on the Nigerian Exchange Limited. The bank achieved improved performance including gross earnings of N89.09bn, a year-on-year increase of 49 per cent (H1, 2022: N59.59bn). Interest income went […]

July 31, 2023 10

BUSINESS

Equity investors record N8bn gain in one week

The bullish trading experienced in recent times on the Nigerian Exchange Limited slowed this past week, recording a gain of N8bn for investors. With market capitalisation ending at N35.994tn previous Friday, trading activities kicked off on a positive note on the NGX, appreciating to N35.539tn on Monday. It went higher to N35.932tn on Tuesday, but suffered a continuous decline in the next three trading sessions, following the announcement of an […]

July 31, 2023 20

NEWS

DG not involved in any fraud, says PenCom

The National Pension Commission has dismissed documents in circulation purporting that its Director-General, Mrs. Aisha Dahir-Umar, spent millions of dollars on travel during the COVID-19 pandemic. In a statement, PenCom described said the accusation against the director-general was a figment of the imagination of its promoters. It maintained that Dahir-Umar could not get the ‘humongous estacodes’ even if she spent two years outside the country. PenCom said, “Management would like […]

July 31, 2023 14

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