Nestle Nigeria grows revenue by 43% to N183.5bn in Q1’24

Nestle Nigeria Plc has posted a 43.4 percent Year-on-Year (YoY) increase in its revenue for the first quarter ended March 31, 2024 (Q1’24). Specifically, the company grew its revenue to N183.5 billion in Q1’24 from N128 billion in the corresponding period in 2023, Q1’23. Highlights of the company’s Q1’24 financial statement filed at the Nigerian Exchange Limited (NGX) […]

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Kwankwaso attempting to undermine political relevance of Ganduje in Kano – APC

The ruling All Progressives Congress has accused the National Leader of the New Nigeria People’s Party, Senator Rabiu Kwankwaso of deliberately attempting to undermine the political relevance of its National Chairman, Abdullahi Ganduje in Kano State. The National Legal Adviser of the APC, Prof Abdulkareem Kana stated this in an interview on Channels Television’s Politics […]

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JAMB releases additional 531 results

The Joint Admissions and Matriculation Board, JAMB, has announced release of additional 531 results of candidates who sat in the 2024 Unified Tertiary Matriculation Examination, UTME. The released results were among the over 64,000 results JAMB had withheld over suspected examination infractions This development has taken the total number of results released so far to […]

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Victor Wembanyama named NBA Rookie of the Year

San Antonio Spurs star Victor Wembanyama won the 2024 NBA Rookie of the Year award, the league announced on Monday, marking the first time a Frenchman has captured the honor. The 20-year-old center, a 7-foot-4 (2.24m) prodigy who was the top pick in last year’s NBA Draft, averaged 21.4 points, 10.6 rebounds, 3.9 assists, a league-high 3.6 blocked […]

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Police confirm one dead as kidnappers abduct travellers on Sagamu-Benin expressway

The police command in Ogun on Monday confirmed the abduction of travellers at Ilisan/Iperu axis on the Sagamu-Benin expressway. SP Omolola Odutola, the State Police Public Relations Officer (PPRO), who confirmed the incident to newsmen in Abeokuta, said that the abduction happened on Friday. Odutola, however, explained that the police could not specifically say the number […]

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FULL LIST: 16 banking transactions not affected by new CBN’s cybersecurity levy

The Central Bank of Nigeria (CBN) has ordered all banks to start charging a 0.5 per cent cybersecurity levy on all electronic transactions within the country excluding 16 listed banking deals. According to a circular signed by the Director, Payments System Management Department, Chibuzo Efobi; and the Director, Financial Policy and Regulation Department, Haruna Mustafa; […]

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