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- April 4, 2025
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International Breweries’ loss extends to seventh year
International Breweries has seen its loss after tax extended to the seventh year, as it recorded an N113bn loss in the 2024 financial year. According to its audited financial report filed on the Nigerian Exchange Limited on Thursday, the brewer saw its loss worsen to N113.61bn from N70.03bn in 2023, marking a 62.25 per cent
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International Breweries has seen its loss after tax extended to the seventh year, as it recorded an N113bn loss in the 2024 financial year. According to its audited financial report filed on the Nigerian Exchange Limited on Thursday, the brewer saw its loss worsen to N113.61bn from N70.03bn in 2023, marking a 62.25 per cent
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- April 4, 2025
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Dead pregnant woman: Lagos hospital denies requesting N500,000 for treatment
The Lagos private hospital, As Salam Convalescent Centre, located in Iwerekun 1, Ibeju/Lekki, has denied claims that it demanded an upfront payment of N500,000 before offering treatment to a pregnant woman, Kemi, who later died from pregnancy complications. Kemi’s grieving husband, Akinbobola Folajimi, made the allegation in a viral video, accusing the hospital of refusing
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The Lagos private hospital, As Salam Convalescent Centre, located in Iwerekun 1, Ibeju/Lekki, has denied claims that it demanded an upfront payment of N500,000 before offering treatment to a pregnant woman, Kemi, who later died from pregnancy complications. Kemi’s grieving husband, Akinbobola Folajimi, made the allegation in a viral video, accusing the hospital of refusing
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- April 4, 2025
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Most 10-yr-olds in Africa can’t read, solve Maths – AU
Director of the African Union’s Department of Education, Science, Technology, and Innovation, Prof. Saidou Madougou, has said more than 90 per cent of 10-year-olds in the region struggle to read simple texts or perform basic math tasks. This, he said, is worrisome despite the increasing access of African children to education. Madougou expressed this worry
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Director of the African Union’s Department of Education, Science, Technology, and Innovation, Prof. Saidou Madougou, has said more than 90 per cent of 10-year-olds in the region struggle to read simple texts or perform basic math tasks. This, he said, is worrisome despite the increasing access of African children to education. Madougou expressed this worry
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- April 4, 2025
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Ex-WAEC registrar laments rising out-of-school children
Former Registrar of the West African Examination Council, Dr Iyi Uwadiae, has expressed worry over the rising rate of out-of-school children. Uwadiae, who expressed this worry during the 70th birthday dinner held in his honour by associates and friends in Lagos on Wednesday, stressed that parents must embrace the imperatives of going all out to
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Former Registrar of the West African Examination Council, Dr Iyi Uwadiae, has expressed worry over the rising rate of out-of-school children. Uwadiae, who expressed this worry during the 70th birthday dinner held in his honour by associates and friends in Lagos on Wednesday, stressed that parents must embrace the imperatives of going all out to
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- April 4, 2025
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Maximum tears: Lagos commuters groan as Independence Bridge closure bites hard
A severe gridlock that left commuters stranded for several hours following the closure of Independence Bridge in the Falomo area of Lagos State on Wednesday has left commuters with bitter tales, JOHNSON IDOWU and DAYO OYEWO write Commuters and motorists in Lagos endured hours of gridlock on Wednesday till the wee hours of Thursday following
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A severe gridlock that left commuters stranded for several hours following the closure of Independence Bridge in the Falomo area of Lagos State on Wednesday has left commuters with bitter tales, JOHNSON IDOWU and DAYO OYEWO write Commuters and motorists in Lagos endured hours of gridlock on Wednesday till the wee hours of Thursday following
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- April 4, 2025
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Manufacturers regaining confidence as forex stabilises – MAN
Manufacturers are optimistic about the stability of the sector following a challenging period of unsold inventory and economic uncertainty, according to the Chairman of the Manufacturers Association of Nigeria, Ogun State Chapter, George Onafowokan. The PUNCH reported in 2024 that the MAN Ogun State chairman lamented the unsold inventory of members rising to N350bn due
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Manufacturers are optimistic about the stability of the sector following a challenging period of unsold inventory and economic uncertainty, according to the Chairman of the Manufacturers Association of Nigeria, Ogun State Chapter, George Onafowokan. The PUNCH reported in 2024 that the MAN Ogun State chairman lamented the unsold inventory of members rising to N350bn due
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- April 4, 2025
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ITUC condemns Trump’s trade war
The International Trade Union Confederation has condemned the Trump administration’s new trade tariffs, warning that the policies could spark a global trade war, lead to job losses, and increase consumer prices. The tariffs, unveiled on April 2, mark an aggressive shift in United States trade policy, which ITUC argued prioritised national competition over international solidarity.
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The International Trade Union Confederation has condemned the Trump administration’s new trade tariffs, warning that the policies could spark a global trade war, lead to job losses, and increase consumer prices. The tariffs, unveiled on April 2, mark an aggressive shift in United States trade policy, which ITUC argued prioritised national competition over international solidarity.
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- April 4, 2025
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New 14% tariff against US-Nigeria’s AGOA duty-free trade – NACC president
Nigeria’s participation in the African Growth and Opportunity Act is under serious concern following the announcement of the newly imposed 14 per cent tariff by US President Donald Trump. This policy, which threatens to erode the advantages AGOA provides, raises concerns about the country’s trade diversification efforts. In this interview with DAMILOLA AINA, the President,
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Nigeria’s participation in the African Growth and Opportunity Act is under serious concern following the announcement of the newly imposed 14 per cent tariff by US President Donald Trump. This policy, which threatens to erode the advantages AGOA provides, raises concerns about the country’s trade diversification efforts. In this interview with DAMILOLA AINA, the President,
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- April 4, 2025
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FG unveils strategies to boost cocoa production
The Federal Government said on Thursday that it has mapped out strategies to revitalise and enhance the production of cocoa in all areas of its value chain. It said it took the step following a decline in the cocoa production in the country, a development it described as worrisome. The Permanent Secretary of the Federal
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The Federal Government said on Thursday that it has mapped out strategies to revitalise and enhance the production of cocoa in all areas of its value chain. It said it took the step following a decline in the cocoa production in the country, a development it described as worrisome. The Permanent Secretary of the Federal
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- April 4, 2025
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Ministers, colleagues mourn late Igbobi Hospital MD
The Minister of State for Health and Social Welfare, Dr Ishaq Salako and the Minister of Education, Dr Tunji Alausa, colleagues, medical students, family, and well-wishers gathered on Tuesday to mourn the passing of the Medical Director of National Orthopaedic Hospital, Igbobi, Lagos, Dr Mustapha Alimi. Alimi, who assumed office eight years ago, died last
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The Minister of State for Health and Social Welfare, Dr Ishaq Salako and the Minister of Education, Dr Tunji Alausa, colleagues, medical students, family, and well-wishers gathered on Tuesday to mourn the passing of the Medical Director of National Orthopaedic Hospital, Igbobi, Lagos, Dr Mustapha Alimi. Alimi, who assumed office eight years ago, died last
