In its commitment toward mitigating disaster risk in Nigeria, the National Emergency Management Agency NEMA is seeking for support and stronger collaboration with National Information Technology Development Agency (NITDA) on the use of ICT Infrastructure and Digital platform with a view to ensuring timely and lifesaving search and rescue operations. This was discussed on Saturday…
Africa’s largest cement producer, Dangote Cement has announced resilient results for the six months ended 30th June 2021 as Group sales volumes hit 15.3Mt. According to the company’s unaudited results for the period under review, Nigerian operations accounted for a sales volume of 9.87 Mt while pan African operations contributed the balance of 5.5Mt. The…
Nigeria’s retail lender, Unity Bank Plc has declared half-year result posting gross earnings of 23.6 billion Naira, which is a 3% increase compared with the corresponding period of 2020. A review of the unaudited half year result (H1’2021) released to the Nigerian Stock Exchange, the Agric-focused lender showed notable improvement across key financial matrices.…
The Science Granting Councils Initiative in sub-Saharan Africa (SGCI) has announced that the Nigeria Tertiary Education Trust Fund (TETFund) has joined the initiative to advance research excellence in sub-Saharan Africa. “TETFund is an agency set up by the Federal Government of Nigeria to provide supplementary support to all levels of public tertiary institutions. Its Research…
The Economic and Financial Crimes Commission, EFCC, has recovered N5.4billion for the National Health Insurance Scheme, NHIS. Professor Muhammad Nasir Sambo, Executive Secretary, NHIS, disclosed this on Thursday July 29, 2021 when he led the management of the agency on a courtesy visit to the headquarters of the EFCC, Jabi, Abuja. “In total, the EFCC…
Transnational Corporation of Nigeria Plc (Transcorp) has released its unaudited results for the half-year ended June 2021, recording significant improvement across its major income lines. The Conglomerate with strategic investments in the Power, Hospitality, and Energy sectors, recorded a profit after tax of N6.5bn, rising by 713% up from N0.8bn recorded in June of the…
Former Vice President Atiku Abubakar on Friday, called on the federal government to address the looming food crisis before it becomes a calamity. Atiku in a statement on his social media page said the warning given by the Food and Agriculture Organisation of the United Nations on Wednesday, of a looming acute food crisis in…
The Inspector General of Police has ordered an internal review of the allegations against Abba Kyari, a highly celebrated police officer. The United State of America’s Federal Bureau of Investigation (FBI) investigators found Kyari, a deputy commissioner of police indicted in the investigation of alleged fraudster, Ramon Abbas, popularly called Hushpuppi and has ordered for…
Leading stakeholders in Nigeria’s manufacturing and waste management sectors have applauded the Nigerian Bottling Company Limited (NBC), a leading consumer packaged goods company and a member of the Coca-Cola Hellenic Bottling Company (CCHBC), for its innovative initiatives aimed at optimising plastic packaging and waste management in the country. Speaking during the annual NBC Stakeholders Forum…
Ramon Abbas, popularly known as Hushpuppi, in a plea agreement pleading guilty to charges of money laundering, wire fraud and others, has indicted a highly decorated Deputy Commissioner of Police in Nigeria, Abba Kyari. Hushpuppi allegedly paid Abba Kyari to arrest and jail an estranged ‘co-conspirator,’ Chibuzo Vincent after a dispute among members of the…