Diageo has sold off a major portion of its shares in Guinness Nigeria to Tolaram

Updating the Nigerian Exchange Group of recent development within the bank, Diageo’s Company’s Secretary, Abidemi Ademola, said the terms of an agreement for the acquisition of the shares by Tolaram was signed today, June 11, 2024. “Tolaram will acquire Diageo’s 58.02% shareholding in Guinness Nigeria, and enter into long-term license and royalty agreements for the…

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Chioma Akpotha, Terra Cube Ambassador, named USAID Goodwill Ambassador for Nutrition

Chioma Chukwuka Akpotha, a renowned Nollywood actress and proud ambassador of Terra Cube, has achieved yet another milestone in her illustrious career. The United States Agency for International Development (USAID) recently appointed her the Goodwill Ambassador for Nutrition in Nigeria. Terra Cube’s discerning approach to selecting ambassadors has been validated by Chioma’s appointment. Her deep-rooted…

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Diversion Of $29 million: First Bank Manager Allegedly On The Run

A member of staff at First Bank Nigeria Plc, one of Nigeria’s founding banks, is wanted for allegedly transferring $29 million (N829 billion) into personal accounts, one of which is his wife’s. Tijani Muiz Adeyinka was one of the employees escaping from the bank’s Iganmu branch. The bank is struggling to meet the recapitalization requirements…

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Pro-June 12: Create an avenue for national dialogue towards establishing a people’s constitution – Group

The June 12 Pro-Democracy Movement of Nigeria says President Bola Tinubu must facilitate a process of national dialogue and consultation that will give birth to a democratic people’s constitution. The convener of the movement, Mr Wale Okunniyi, disclosed this in an interview with the News Agency of Nigeria on Sunday, ahead of the commemoration of…

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Tompolo Urges Nigerian youths to support Tinubu

Former Niger Delta militant leader and founder of the Federal Government contracted private pipeline security organisation, Tantita Security Services Nigeria Limited, Government Ekpemupolo, popularly known as Tompolo, has charged Nigerian youths to partner with President Bola Tinubu in his efforts to salvage the country from “socioeconomic saboteurs.” Envoys from the All Progressives Congress Youth Wing…

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Standing up for Fair Pay: Labour Commits to Rejecting ₦100,000 ‘Starvation Wage’

Chris Onyeka, an Assistant General Secretary of the Nigeria Labour Congress (NLC), stated this on Channels Television’s The Morning Brief show on Monday. He insisted on ₦250,000, labour’s latest demand at the last meeting of the Tripartite Committee on Minimum Wage on Friday, as the living wage for an average Nigerian worker. He said labour…

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Ancelotti refutes claims that Real Madrid will not participate in the Club World Cup

“In my interview with Il Giornale, my words about the FIFA Club World Cup have not been interpreted in the way I intended,” Ancelotti posted on X. “Nothing could be further from my interest than to reject the possibility of playing in a tournament that I consider to be a great opportunity to continue fighting…

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