Flour Mills records 71.4% profit growth, proposes N2.62bn dividends
Flour Mills of Nigeria, FMN, Plc has reported Group profit after tax of N14.4 billion for its year ended March 31, 2016, representing 71.4 per cent growth over N8.4 billion posted in the year ended 2015. The company also recorded 49 per cent increase in its pre-tax profit to N11.5 billion from N7.7 billion a year earlier, while its revenue grew by 11 per cent from N308 billion to N342 billion during the year.
Nigeria finishes IAAF World U-20 Championships with no medal
Team Nigeria to the International Association of Athletics Federations (IAAF) World U-20 Championships which ended on Sunday did not win any medal. The News Agency of Nigeria (NAN) reports that Oluwatobiloba Amusan, a 110m Hurdles finalist, who was the only hope of securing a medal, finished the race in fifth position. She secured the position […]
Photos: FIFA President, Infantino in Nigeria
FIFA President Gianni Infantino, accompanied by Secretary General Fatma Samoura, on Sunday arrived in Abuja on a two-day visit. Read more at: https://newlive.vanguardngr.com/2016/07/breaking-pinnick-receives-fifa-president-nigeria/
Lagos targets N1trn yearly budget size by 2018
The Lagos State Government on Sunday announced its readiness to massively reduce dependence on federal allocation and increase the Internally Generated Revenue (IGR) to a target of N30billion monthly in 2017 and N50billion monthly in 2018 as well as a yearly budget size of N1 trillion by 2018.
Minister of Agriculture dismisses CJS’ N25b egg contract claims
The Minister of Agriculture, and Rural Development, Chief Audu Ogbeh, has dismissed claims that the federal government has sealed a N25 billion egg production contract with Tuns Farms Nigeria Limited.
Bankole laments Nigeria’s falling standard of Education
The former Speaker of the House of Representatives, Hon Dimeji Bankole has lamented the falling standard of education in the country, urging all tiers of government to look into the situation.
Tompolo the monster, Tompolo the plague
Once upon a time there was a man. This man lived happily in the creeks of Kurutie and Ogulagha. Smallish and fragile in physique, he had brought honour and fame to the sixteen clans of Ijaw and beyond though he was not a wrestler like Okonkwo of Umuofia in Chinua Achebe’s THINGS FALL APART, neither was he Idi Amin of Uganda.
Breaking: Pinnick receives FIFA President in Nigeria
The President of the international football governing body, the Federation of International Football Association, FIFIA, Gianni Infantino, was on Sunday, received at the Nnamdi Azikiwe International Airport, Abuja, by officials of the Nigeria Football Association, NFF led by Amaju Pinnick.
Photos: Ooni Adeyeye visits Ghana
Photos: Ooni Adeyeye visits Ghana
Ambode leaves Badagry after four-day working visit
For the second time in less than two weeks, Lagos State Governor, Mr. Akinwunmi Ambode at the weekend, spent his time in the historic town of Badagry brainstorming with cabinet members, permanent secretaries and heads of government agencies and parastatals on charting a way forward for the State.
Idah Rerun Poll: Bello congratulates Haruna Idoko on his election victory
Governor Yahaya Bello of Kogi State has congratulated the winner of the Idah State Constituency Supplementary poll held on Saturday July 23, 2016, Hon. Musa Idoko of the All Progressives Congress for a landslide victory, stating that the APC is stronger than it was in 2015 in the State.
