News and Report

Guinness Nigeria incurs N49 billion in exchange rate loss

Guinness Nigeria Plc incurred a whopping N49 billion in exchange rate losses according to the information contained in its full-year…

Heritage Bank Crisis Deepens…. As depositors struggle to withdraw their money! …….. Bank Unable to pay depositors’ Funds!

The fortunes of the once bubbling Heritage Bank have continued to sink deeper and deeper, gradually moving from a state…

Job Racketeering: Muheeba Dakaka In Trouble As FCC Commissioners Accuse Her of Nepotism, Corruption

Some Commissioners of the Federal Character Commission (FCC) yesterday accused the Executive Chairman of the Commission, Muheeba Dankaka, of nepotism,…

Oil revenue dips amid fresh Niger Delta agitation…..

Despite huge investments in the oil sector, the country’s crude oil revenue has continued on a downward trajectory. This is…

Permanent Secretary Dragged To Court For Hiding Details Of Aviation Contracts Awarded Under Buhari Government

The Permanent Secretary, Federal Ministry of Aviation, Dr Emmanuel Meribole, has been dragged to an Abuja division of Federal High…

Cadbury Nigeria Plc incurs N20.9 billion in exchange rate loss

Cadbury Nigeria Plc recorded a loss before tax of N17.9 billion in the second quarter of 2023. This compares to…