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Beware of contaminated frozen vegetables, NAFDAC warns

Beware of contaminated frozen vegetables, NAFDAC warns

The Directorate of Food Safety and Applied Nutrition (FSAN) of the National Agency for Food and Drug Administration and Control, NAFDAC, has warned Nigerians to beware of consumption of contaminated PINGUIN brand of mixed vegetables,  shipped to Nigeria recently.

APC moves against Saraki’s men in govt

APC moves against Saraki’s men in govt

Indications emerged yesterday that the ruling All Progressives Congress, APC, is moving against loyalists of the Senate President, Dr. Bukola Saraki in government as Minister of Information and Culture, Alhaji Lai Mohammed, yesterday directed the Senate President’s loyalists in the various agencies of the Federal Government to resign from office or be sacked.

Shareholders differ on imposition of fine by regulators

Shareholders differ on imposition of fine by regulators

I think regulators are too harsh on companies with the numerous and high amount of fines they impose on companies. The money that companies pay as fine is shareholders own. So I feel regulators should be soft pedal on the fines they impose on companies. It is the employees that somehow flout some of these rules.

Oyegun planned to abort Buhari’s 2019 bid — Okorocha

Oyegun planned to abort Buhari’s 2019 bid — Okorocha

OWERRI—IMO State governor, Rochas Okorocha, yesterday, alleged that there was a plan to scuttle President Muhammadu Buhari’s 2019 re-election bid under the former National Chairman of the All Progressives Congress, APC, John Odigie-Oyegun.

11Plc shareholders get 800k dividend

11Plc shareholders get 800k dividend

SHAREHOLDERS of 11PLC (formerly Mobil Oil Nigeria Plc) have approved N2.6billion for payment as dividend translating to 800 kobo per share for its shareholders for the financial year ended December 31, 2017. However, the company‘s profit dropped marginally by 1.4 percent to N15.3 billion in 2017 from N15.5billion posted in 2016. However, financial sales revenue grew significantly to N125.26 billion in 2017, up by 33 percent from N94.11 billion recorded in 2016.

Positive corporate earnings to lift equity trading

Positive corporate earnings to lift equity trading

THE release of more half year, H1’18, positive corporate results will spike trading on the Nigerian Stock Exchange, NSE, this week as equity trading drew to a positive close, finishing 58 bases points, bps, higher last weekend, majorly supported by oil and gas stocks.

House of Reps gives NPDC two weeks to present operations

House of Reps gives NPDC two weeks to present operations

HOUSE of Representatives Committee on Petroleum Resources (Upstream) has given the management of Nigerian Petroleum Development Company, NPDC, two weeks to furnish the committee with all information on its operations.

25-year-old man commits suicide in Ondo

25-year-old man commits suicide in Ondo

Akure—DETECTIVES in Ondo State Police Command are battling to unravel the mystery behind the suicide of a 25-year-old, Ayo Paul, who reportedly hanged himself in his Aule area of Akure metropolis apartment.