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Business

February, 2021

  • 11 February

    Heineken to cut 8,000 jobs, move ‘beyond beer’ to offset COVID-19 losses

    The brewer, which is pushing to dominate the Nigerian market, will cut personnel expenses by about 350 million euros. The company is seeking to restore operating margins to pre-pandemic levels after a sharp decline in profit because of coronavirus restrictions. The world’s second-largest brewer, which makes Europe’s top selling lager Heineken as well as Tiger and Sol, said it would ...

  • 11 February

    Real Reasons FG Is Replacing BVN, Others With NIN

    The Minister of Communications and Digital Economy, Dr Isa Ali Ibrahim Pantami, recently disclosed that the federal gover’vAside from BVN, there are other key data systems in Nigeria. Some of these are the Drivers Licence, issued by the Federal Road Safety Corps (FRSC), the Tax Identification Number (TIN) and the International Passport Number. Others include professional licences like medical practice ...

  • 11 February

    Amokachi confesses: I lied to play for Everton in 1995 FA Cup semi-final

    Daniel Amokachi, former Super Eagles forward, has recounted how he told a lie to force himself into a match without his coach’s consent during the 1995 FA Cup semi-final clash between Everton and Tottenham. Everton had looked comfortable going 2-0 up, courtesy goals from Matt Jackson (35) and Graham Stuart (55) but a controversial penalty, which was converted by Jurgen ...

  • 11 February

    BEWARE!.. False claim circulates online that NIMC has approved NIN self-registration

    A Post circulating on WhatsApp claims that the National Identity Management Commission (NIMC) has approved a website for online National Identification Number (NIN) self-registration. The NIMC is a Nigerian government agency that operates and regulates matters of national identity in the country. The post, retrieved from a WhatsApp group on February 8, 2021, asks people to avoid unnecessary crowd at ...

  • 11 February

    Again, Emirates Airlines suspends flights from Nigeria

    Emirates Airlines has suspended flights from Nigeria to Dubai for two weeks, until February 28 2021. It said travellers from both Abuja and Lagos would not be accepted for travel prior to the date, according to a statement issued by the airline on Wednesday. Also, the carrier warned that passengers who have been to or connected through Nigeria in the ...

  • 11 February

    National Theatre to be Renovated for N21Billion – Lai Mohammed

    “I sought and obtained an approval to execute a memorandum of understanding between the Federal Ministry of Information, the Central Bank of Nigeria (CBN) and the Bankers Committee worth N21 billion for the renovation of the National Theatre Iganmu, Lagos. This is a landmark approval because it has paved the way for investment in the creative industry as part of ...

  • 10 February

    Man arrested for throwing sick baby into Lagoon !

    Fatai Yussuf, has been remanded in a custodial centre in Lagos over alleged killing of his six-week-old daughter whom he threw into a lagoon because she was sick. The Chief Magistrate, P.E. Nwaka, gave the remand order at a Magistrates’ Court in Yaba, Lagos on Wednesday. Mr Yussuf is facing a count charge of murder, but his plea was not ...

  • 10 February

    What you need to know on the markets this week: the future of Ethereum

    The army of Reddit day traders appears to be moving on, having pumped up everything from cryptocurrencies, to tiny biotech stocks in the last week, now that their firing up of GameStop, AMC, Nokia and co seems to have mostly run its course. This coming week, we’ll be looking at the future of Ethereum , the pickup in consumer inflation ...

  • 10 February

    70yr old man living with HIV defiles 6-yr-old girl, arrested

    Mr Akeh Nicodemus has revealed how he lured 6-year-old girl into his house in Naka, Gwer West Local Government Area of Benue state and raped her. According to his confession before the police, he called her and gave her garri to drink, then perfected his evil act on the innocent girl. When the girl’s parents came looking for her in ...

  • 10 February

    Dwarf Actor, Victor Nwaogu Shares Pre-Wedding Photos

    Diminutive Nigerian actor cum On-Air personality, Victor Nwaogu who is also known as Nkubi is set to tie the knot. The renowned actor made this known in a recent social media post he made on his verified social media handle on Instagram. Sharing some photos with his soon-to-be wife, he wrote; “It is Official. D NWAOGU’S (MY 4FT LIFE WITH ...