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Nigerian Breweries Plc has announced the launch of its N599.1 billion Rights Issue, aimed at addressing overdue foreign exchange commitments and repositioning the company for improved performance. The brewing giant is offering 22.61 billion ordinary shares at N26.50 each to existing shareholders, allowing them to purchase 11 new shares for every five held as of…
2 hours ago
Gov. Abba Yusuf of Kano State has dissolved the caretaker chairmen of all 44 local government areas with immediate effect. This is contained in a statement issued by the Governor’s spokesperson, Sanusi Bature. The dissolution is coming a week after the state House of Assembly approved a two-month extension to their tenure, which was initially…
2 hours ago
In a bid to ease the suffering and care for the vulnerable in society, the Naval War College Nigeria has visited and donated food items and toiletries to an orphanage known as the Cross River State Children’s Home. The participants of the Naval Warfare Course 8, led by the Commandant, Naval War College Nigeria, Rear…
2 hours ago
The Minister of Marine and Blue Economy, Gboyega Oyetola, has said that Nigeria is going to leverage its vast marine resources to generate clean energy to boost power generation. The Minister, while speaking during a stakeholder sensitization workshop on Deep Seabed activities yesterday in Abuja, stated that with the transition from fossil fuels to a…
2 hours ago
Save the Children International (SCI), Nigeria, on Wednesday called for improved humanitarian assistance for children affected by the devastating flood in Maiduguri. The Country Director, SCI, Nigeria, Duncan Harvey, during a news conference in Abuja, said that there were more than 150,000 children in 26 camps, and many have been disconnected from their families. Harvey…