News

International Breweries records N21.28 billion loss in three months

The second quarter of 2023 wasn’t a great period for International Breweries, as the brewer saw its loss increase significantly between April to June. In a financial statement obtained on Thursday disclosing the firm’s earnings in Q2 this year, International Breweries recorded a loss of N21.28 billion after tax. During the corresponding period in 2022, International Breweries posted a N384.96 …

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Price of diesel unchanged despite removal of VAT —Marketers

The cost of Automotive Gas Oil (AGO) popularly known as diesel has continued to hover around N990 and N1,100 despite the removal of Value Added Tax (VAT) on the product, oil marketers have said. Ripples Nigeria reports that the Federal Government had waved VAT on diesel for the next six months as part of a deal with organised labour to …

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Navy destroys suspected pirates’ camp in Bayelsa

The Nigerian Navy on Friday destroyed a suspected pirates’ hideout at Foropa community in southern Ijaw local government area of Bayelsa State. The Director of Naval Information, Commodore Adedotun Ayo-Vaughan, said in a statement on Sunday in Abuja that the operation was operated by men of the Nigerian Navy Ship, NNS SOROH. He added that the Naval Base in Yenagoa …

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ACJHR accuses Imo APC of blackmail, intimidation of election Tribunal members – Blueprint Newspapers Limited

The African Centre for Justice and Human Rights (ACJHR) has raised the alarm over alleged messages being shared on pro-Imo government and APC WhatsApp groups aimed at allegedly blackmailing, intimidating and tarnishing the image of the three different panels hearing the National and State Assembly Election Petitions in Imo State by loyalists and agents of Imo State government led by …

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Boat capsizes with 22 passengers in Niger -NSEMA

A boat with about 22 passengers on board from Kasabu village in Agwara local government area of Niger to Yauri in Kebbi has capsized. Alhaji Salihu Garba, overseeing Director General of the Niger State Emergency Management Agency (NSEMA), disclosed this to the News Agency of Nigeria (NAN) in Minna on Monday. He said that the agency received a report of …

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Rugby: Areh thumps up ValueJet’s contribution to grassroots development

President of Nigeria Rugby Football Federation (NRFF), Dr Ademola Are, has hailed the impact of ValueJet’s to rugby development and sports generally in the country. Dr Are who was speaking on the sideline of the just concluded National Youth Games in Asaba, where Delta state emerged winner in both the male and female events of rugby, said ValueJet’s contributions to …

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35 feared dead as explosion rocks Rivers

At least, 35 persons are feared dead following an explosion in an illegal oil refining site in Ibas community, Emuoha local government area of Rivers state. It was gathered that the incident occurred late Sunday night when some people in the community numbering over 40 were scooping petroleum product. A close source in the community, identified a Emmanuel, said the …

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Nigeria needs robust monitoring, evaluation framework for good governance – Akande  – Blueprint Newspapers Limited

A university don and immediate past chairman of the Nigeria Communications Commission (NCC), Prof Adeolu Akande, has advocated a robust monitoring and evaluation framework as a panacea for the enhancement of good governance in Nigeria.  Prof Akande made the call on Wednesday while delivering the Nigeria Union of Journalists (NUJ) Zone B lecture, titled “Enhancing Good Governance in a Beleaguered …

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Bayern come from behind to win at Monchengladbach

Bayern Munich rallied from a goal down to defeat Borussia Monchengladbach 2-1 and keep their perfect start to the Bundesliga season intact. With three minutes remaining in regulation, Mathys Tel scored to give Bayern their third victory in a row. Ko Itakura gave Monchengladbach the lead at the halfhour mark, but Leroy Sane tied the score on 58 minutes. Read …

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