The Joint Admissions and Matriculation Board (JAMB), on Saturday, directed all candidates sitting for its 2022 examination to begin printing of their notification slips for the exercise. The board gave the directive in a statement, signed by its Head, Public Affairs and Protocol, Dr Fabian Benjamin, in Abuja. JAMB said that all candidates,who registered for […]
Month: April 2022
FMN gets approval to acquire 76% stake in Honeywell
Flour Mills of Nigeria Plc (FMN) has obtained the required regulatory approvals to acquire 71.69 per cent stake in Honeywell Flour Mills Plc (HFMP), formerly a portfolio company of Honeywell Group. The company made this known in a statement by its Corporate Communications Officer, Mrs Modupe Thani, on Saturday. The company also acquired a 5.06 […]
Amazon sell-off ends dismal month for US shares
US markets ended April in a deep funk, as investors turned their backs on once-favoured technology companies amid concerns about the economy. A sell-off in Amazon shares, after the firm reported a fall in online sales, helped drive the Nasdaq index down more than 4% on Friday. April was the worst month for the tech-heavy […]
Drug integrity test on aspirants: IPAC rejects NDLEA’s proposal
The Inter-Party Advisory Council (IPAC) has rejected the proposal that political parties should make drug integrity test part of its screening requirements for aspirants seeking elective offices in 2023 general election. National Chairman, IPAC, Yabagi Sani, stated this in a statement in Abuja. The News Agency of Nigeria (NAN) reports that the National Drug Law […]
What’s behind American support for Ukraine?
As the Russian invasion continues into its third month, Americans are displaying an outpouring of sympathy for Ukrainians and support for Washington’s robust assistance to Kyiv. Polls show strong bipartisan support for the $33 billion in supplemental funding that U.S. President Joe Biden requested from Congress this week, in addition to a $13.6 billion package […]
Elon Musk sells almost $4bn worth of Tesla shares
Tesla chief executive Elon Musk has sold almost $4bn (£3.2bn) worth of shares in the electric car maker, just days after he agreed to buy Twitter. The sale has led to speculation that it will help to finance his planned $44bn buyout of the social media platform. Twitter’s board agreed on Monday to accept a […]
Nigeria needs over 100,000MWs to end power crisis – Nnaji
A former Minister of Power, Prof. Barth Nnaji, says Nigeria needs over 100, 000 megawatts of power to address the persistent power problem in the country. Nnaji said this while addressing newsmen on Friday in Enugu on the state of the power sector in the country. He attributed the problem in the sector to the […]
Africa faces infrastructure financing gap of $108bn annually – Adesina
The African Development Bank (AfDB), says that Africa is currently facing an infrastructure financing gap of between 68 billion dollars to 108 billion dollars annually. According to the Bank, this is spite of collective efforts to close the margin. The Bank said this in a statement obtained from its website by the News Agency of […]
Zelensky, Putin invited to G20 summit – Indonesian Leader
Ukrainian President Volodymyr Zelensky has been invited to the G20 summit in November, which will also be attended by Russian President Vladimir Putin, the president of host nation Indonesia said Friday. “I have invited President Zelenskyy to attend the G20 summit,” said Joko Widodo, suggesting a compromise had been reached following Western pressure to bar […]