America’s three largest pharmacies have been found to be liable for helping fuel a painkiller crisis in two Ohio counties, in a landmark case. A federal court found that actions by Walgreens Boots Alliance, CVS, and Walmart helped create an oversupply of addictive opioid pills. The scale of compensation, to be paid to the two […]
Month: November 2021
Real Estate experts task FG on policies to curb capital flight
Mr Temitope Runsewe, Managing Director, Dutum Company Ltd., on Tuesday, appealed to the Federal Government to create an enabling environment for local real estate investors to compete favourably to stop capital flight. Runsewe made the call during the ongoing two-day combined Physical and Virtual 7th West Africa Property Investment (WAPI) Summit tagged “Property Markets Redefined” […]
FG shuts down Santa Babara oilfields after ‘unfortunate’ spill
The Federal Government on Tuesday ordered the shut down of the Santa Barbara oil fields in Nembe Local Government Area of Bayelsa State over what it described as an “unfortunate oil spillage.” The spill occurred on November 5 within the proximity of Opu Nembe Community at Well 1, Well Head located at the Southern Field […]
Trump says Rittenhouse visited him at Mar-a-Lago
Former President Donald Trump said he was recently visited at his Palm Beach, Florida, resort by Kyle Rittenhouse, the teenager who was acquitted last week on all charges after fatally shooting two people and wounding a third during protests in Kenosha, Wisconsin, last summer. “He called. He wanted to know if he could come over, […]
Airbus A340 plane lands on Antarctica for first time
For the first time in history, an Airbus A340 plane has landed on Antarctica. Hi Fly, a boutique aviation company, was behind the flight. The company specializes in wet leases, which means they hire out both aircraft and air crew and are responsible for handling insurance, maintenance and other logistics. Hi Fly 801 took off […]
Flour Mills, Honeywell Group sign N80bn business combination deal
Flour Mills of Nigeria Plc (FMN) and Honeywell Group Ltd. (HGL) said they have signed an agreement for a proposed business combination valued N80 billion. Both companies said this in a statement posted on the website of the Nigerian Exchange Ltd. (NGX) on Monday. “FMN and HGL today announced that they have signed an agreement […]
Coke at 70: Osinbajo commends Coca-Cola’s commitment to Nigeria
Nigeria’s Vice President, Prof Yemi Osinbajo, has commended the commitment of Coca-Cola group to Nigeria’s economy. Osinbajo gave the commendation in Lagos on Monday during the 70th Anniversary Gala Dinner of the Coca-Cola System in Nigeria. He said that the company had made repeated investments in Nigeria in the building of production facilities across the […]
ECOWAS Court key to saving 5.5m displaced W/Africans – UNHCR
The United Nations High Commission for Refugees (UNHCR) has charged the ECOWAS Court of Justice to save 5.5 million possible displaced persons in West Africa. Regional Director of UNHCR West & Central Africa, Ms. Millicent Mutuli, said the Court, through its advocacy, held the key to curbing the rising spate of displacement and statelessness in […]
Experts: US boycott of Beijing Olympics would dash Seoul’s hopes for diplomacy
A U.S. diplomatic boycott of the Beijing Olympics would deal a blow to Seoul’s attempts to resume diplomacy with North Korea, experts said. Last week, U.S. President Joe Biden said that his administration was “considering” a diplomatic boycott of the 2022 Winter Olympics in February. Such a boycott would mean the U.S. would not send […]