Breaking News in Nigeria Today Tuesday 3rd May 2022
Here are some of the Breaking News in Nigeria Today Tuesday 3rd May 2022 on some of the nation newspapers .
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US top court leak suggests repeal of abortion law
The US Supreme Court could be about to overturn the nationwide legal right to abortion, according to an unprecedented leaked draft of a court document. In a 98-page draft opinion, Justice Samuel Alito writes that the 1973 Roe v Wade decision legalising abortion across the US is “egregiously wrong”. If the top US court
Ukraine Conflict: US First Lady to travel to Eastern Europe
…as foreign diplomats begin slow return to Kyiv US First Lady Jill Biden is set to travel to Romania and Slovakia later this week to meet Ukrainian refugees. She is due to spend Sunday – which is Mother’s Day in the US – with mothers and children displaced by the conflict to Slovakia, reports the
EPL: Rangnick hails improved Man Utd in win over Brentford
Manchester United interim manager Ralf Rangnick said he has yet to speak to his successor Erik Ten Hag about plans for next season but believes Monday’s performance in the 3-0 Premier League win over Brentford was a sign of their future potential. Goals from captain Bruno Fernandes, Cristiano Ronaldo and Raphael Varane sealed a
Ngige not booed at May Day -Labour Ministry
Regina Otokpa Abuja The Federal Ministry of Labour and Employment has debunked a media report stating that its Minister, Sen. Chris Ngige, was on Sunday booed by workers at the May Day celebration at Mobolaji Johnson Arena, Onikan, Lagos State. The Acting Head, Press and Public Relations of the Ministry, Patience Onuobia, in a
Workers’ Day: Ecobank Nigeria to host webinar on investment opportunities
Ecobank Nigeria has concluded arrangements to hold a consumer-focused and investment-oriented webinar titled: “Today’s Opportunities for Your Money; Making the Best of the Moment.” The webinar, slated for May 6, 2022, by 11am, is in commemoration of Workers’ day and it will feature a carefully selected panel of speakers, notably Jimi Ogbobine, Head of
Cadbury Nigeria reports N1.5bn PAT in Q1’22
Cadbury Nigeria Plc, a subsidiary of Mondel?z International, has reported profit of N1.542 billion for the first quarter of the year ended March 31, 2022. This represents a growth of over 500 per cent, when compared to N242 million realised in the same period in 2021. The company announced this in its unaudited financial result
Flour Mills acquires 72% stake in HFMP
Following receipt of all requisite regulatory approvals, Honeywell Flour Mills Plc (HFMP) has informed Nigerian Exchange Limited and the general public that Flour Mills of Nigeria Plc (FMN) has acquired a 71.69 per cent stake in HFMP from three entities related to Honeywell Group and the transaction has now been consummated. With this acquisition,
Nestlé Nigeria posts N110bn revenue in Q1’22
Nestlé Nigeria Plc has announced its financial results for the first quarter ended 31 March, 2022, recording revenue of N 110.2 billion against N87.3 billion during the same period in the previous year, a top-line growth of 26.3 per cent. Profit after tax for the period stood at N 18.0 billion as against N12.4 billion
Union Bank reports N42.9bn gross earnings in Q1’22
Union Bank of Nigeria Plc has released its unaudited financial statements for the quarter ended March 31, 2022, with gross earnings up 18 per cent to N42.9 billion as against N36.4 billion posted in Q1’21. This was driven by strong earning assets from on-lending to key sectors in the Nigerian economy. Net interest income
FLED Institute honours AMCON’s Corporate Communications Head, others
The Head of Corporate Communications Department at the Asset Management Corporation of Nigeria (AMCON), Mr Jude Nwauzor, was among new members inducted into the different membership categories of FLED International Leadership Institute (FLED Institute) last Thursday in Abuja. Since joining AMCON from Heritage Bank in 2016, Nwauzor has championed the introduction of some far-reaching
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