By Ayomide Otitoju Lafarge Plc., a leading cement manufacturer in Nigeria, has defied economic challenges in the first half of 2023 as profit before tax rose by 18% in H1 2023, despite the expiration of the Pioneer Status Incentive (PSI), which impacted the Profit After Tax (PAT) growth. The unaudited financial report showed that net…
The Deputy Minority Leader of the Senate, Olalere Oyewumi, says Osun State Governor, Ademola Adeleke, is in support of the ministerial nomination of his predecessor, Gboyega Oyetola.Oyewumi, a chieftain of the Peoples Democratic Party (PDP) representing Osun West Senatorial District in the 10th National Assembly, made this known on Friday when Oyetola, an All Progressives…
Banks have begun to increase interest rates on deposits in line with the sustained hike in the Monetary Policy Rate, MPR, by the Central Bank of Nigeria, CBN.At its last Monetary Policy Committee, MPC, meeting previous week, CBN raised MPR by another 25 basis points the sixth consecutive raise in the past one year, to…
First Bank of Nigeria Limited has announced the graduation of 20 successful participants in the fourth edition of its Senior Management Development Programme (SMDP). Before the 2023 graduation, the SMDP had produced 52 graduates. The Bank successfully graduated 23 participants in its inaugural edition, held in 2018; 17 in 2019 and 12 in 2020.The bank…
Saudi Arabia has kicked off a weekend summit in Jeddah, in which senior officials from some 40 countries – but not Russia – will aim to draft key principles on how to end Russia’s invasion of Ukraine. Ukrainian President Volodymyr Zelenskyy on Friday welcomed the wide range of countries represented in the talks that began…
Members of the Peoples Democratic Party (PDP)’s Governors’ Forum; the party’s National Working Committee (NWC); and its flag bearer for the 2023 poll, Atiku Abubakar; on Saturday, met at the Bauchi State Governor’s Lodge in Abuja for a stakeholders’ meeting.PDP’s Acting National Chairman, Umar Damagum; the Chairman of the party’s Board of Trustees, Adolphus Wabara;…
President Bola Tinubu has called on the people of Kogi West Senatorial District to maintain peace and unity ahead of the forthcoming gubernatorial elections in the State. Speaking at a meeting with leaders of Okun Development Association, led by Professor Micheal Ikupolati, at the Presidential Villa on Thursday, the President assured them of his commitment…
Accord Party has closed its case at the Rivers State Governorship Election Tribunal after fielding 10 witnesses.The party is challenging the emergence of Siminalayi Fubara as governor in the governorship election. At the resumed hearing, the tenth witness, who is a subpoenaed witness, Moses Salvation, a state collation officer, told the tribunal that different ballot…
By Ayomide Otitoju A new World Health Organization (WHO) report highlights that 5.6 billion people – 71% of the world’s population – are now protected with at least one best practice policy to help save lives from deadly tobacco – five times more than in 2007. In the last 15 years since WHO’s MPOWER tobacco…
