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Biting Economy: Unilever reports 72.95% decline in pre-tax profit…Reports N3.2bn loss

The economic downturn in Nigeria is already affecting blue chip companies as Unilever Nigeria Plc released its 2023 second quarter unaudited results showing pre-tax profits fell 72.95% to N169.9 million. The company reported an operating loss of N3.2 billion in the quarter under review as costs escalated beyond revenues. Operating costs of industrial concerns have […]

Customs Intercepts Dangerous Arms, Ammunition

By Asuquo Nuwak In pursuant of the mantra of renewed hope of the current administration’s vision, the Nigeria Customs Service under the leadership of Acting Comptroller-General of Customs, CGC Bashir Adewale Adeniji, made significant impact in the area of anti-smuggling operations which has resulted in the interception of various prohibited items ranging from dangerous arms […]

UNILAG Hikes Tuition Fees From N19,000 To N100,000

The management of the University of Lagos (UNILAG), has increased the tuition fees for its undergraduate students. This was revealed in a statement released by the Senior Staff Association of Nigerian Universities (SSANU) UNILAG branch, following a meeting with the top management staff. According to the statement, the management of the institution has increased the […]

Customs CG tasks border communities on security, promises fewer checkpoints, review of policies on borders

The Acting Comptroller General of Nigeria Customs Service, Bashir Wale Adeniyi MFR has tasked border communities to help enhance national security by giving information and intelligence that will rid the border areas of criminals to the security agencies. The comptroller general stated that when there is security in the border areas there will be no […]

I did not know INEC has lawyer – PDP’s subpoenaed witness tells Ogun Tribunal …claims to represent electoral umpire

A subpoenaed witness called by the Peoples Democratic Party (PDP) Eze Desmond, from GRA Road, Sagamu, who claimed to be an ad-hoc staff of the Independent National Electoral Commission (INEC) has declared that he was not aware that the commission has a lawyer. Desmond made this declaration when being cross-examined by the counsel of Governor […]