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Nigerian Breweries grows nine-month profit by 24%

Nigerian Breweries grows nine-month profit by 24%

Stanley Opara

Nigerian Breweries Plc has reported about 24 per cent appreciation in its profit before tax for the nine-month ended September 30, 2017.

The brewer’s PBT rose from N27.8bn to N34.4bn while profit after tax also improved to close at N23.9bn from the N20.1bn posted in the same period in 2016.

The board of directors of the firm, in its filing with the Nigerian Stock Exchange, announced…

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Grenadines unveils investment in The Oceanna hotel rooms

Grenadines unveils investment in The Oceanna hotel rooms

Maureen Ihua-Maduenyi

Grenadines Homes, a member of The Palton Morgan Holdings, says it has come up with a unique concept that blends luxury with high returns on investment through The Oceanna, its iconic development in Lagos.

The Group Managing Director, Palton Morgan Holdings, Adeyinka Adesope, said that the concept hotel had potential for high returns on investment and safety.

“The Oceanna…

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Eight ways to avoid bad credit

Eight ways to avoid bad credit

Nike Popoola

We all start out with no credit, a clean slate in a way. Every credit move you make from the time you open your first account will either move you towards good credit or bad credit. Most people can avoid bad credit by simply making the right choices with credit and other financial accounts, according to http://www.thebalance.com.

 Pay your bills on time each month

This is the number…

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Ondo okays tuition for secondary school pupils, parents kick

Ondo okays tuition for secondary school pupils, parents kick

The Ondo State Government says it will no longer pay school fees of secondary school pupils in the state, saying that parents should henceforth take up the responsibilities of the schoolchildren.

It, however, said it would keep funding pupils in primary schools, adding that tertiary institutions in the state would have their tuition reviewed.

This was contained in a communique issued on Sunday at…

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PDP chair: S’West group rejects George, others backs Secondus

PDP chair: S’West group rejects George, others backs Secondus

Olufemi Atoyebi and Godwin Isenyo

A former National Vice-Chairman (South) of the Peoples Democratic Party, Chief Bode George, said on Sunday that he was in the race for the party national chairmanship to correct the immunity experienced in the past by the party.

George stated this when he met members and leadership of the party in continuation of his nationwide consultation at the North-West…

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N500bn running cost: Court grants application against N’Assembly

N500bn running cost: Court grants application against N’Assembly

  Oladimeji Ramon

The Federal High Court in Lagos has granted leave to Socio-Economic Rights and Accountability Project to proceed against the leadership of the National Assembly in its quest to ascertain the exact earnings of the national lawmakers.

The group is also demanding accountability on the spending of the N500bn budgeted as running cost for the National Assembly between 2006 and 2016.

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S’East govs want Enugu airport, federal roads fixed

S’East govs want Enugu airport, federal roads fixed

Ihuoma Chiedozie, Enugu

Governors of the South-East states, at a meeting in Enugu on Sunday evening, called on the Federal Government to take advantage of the dry season to rehabilitate dilapidated infrastructure in the geopolitical zone.

The governors specifically demanded urgent action on the Akanu Ibiam International Airport, Enugu, and federal roads in the South-East.

“Further to our meeting…

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Aare Ona Kakanfo: Alaafin to install Gani Adams January 13

Aare Ona Kakanfo: Alaafin to install Gani Adams January 13

Olufemi Atoyebi and Friday Olokor

The installation of the National Coordinator of the Oodua Peoples Congress, Otunba Gani Adams, as the 15th Aare Ona Kakanfo of Yoruba land has been fixed for January 13, 2018.

The announcement was contained in a statement issued by Adams’ Director of Media and Communication, Femi Adepoju, on Sunday.

Adepoju said, “The palace of the Alaafin of Oyo, Iku Baba Yeye…

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Osinbajo seeks support for child adoption

Osinbajo seeks support for child adoption

Oluwatosin Omojuyigbe

Wife of the Vice-President, Mrs. Oludolapo Osinbajo, had advocated the need to speak out against the stigma attached to child adoption.

Osinbajo said this at the First Annual Conference of Heritage Adoption Support and Advocacy Group in Lagos with the theme, ‘The Power of Adoption.’

She said, “Identifying the problem (stigma attached to adoption) is great but not enough,…

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INTERPOL yet to get fresh request for Maina’s arrest –Source

INTERPOL yet to get fresh request for Maina’s arrest –Source

Adelani Adepegba and Eniola Akinkuotu, Abuja

The Federal Government has yet to send fresh request to the International Police to assist it in tracking and arresting the fleeing ex-Chairman of the Presidential Task Force on Pension Reforms, Abdulrasheed Maina, PUNCH investigation has revealed.

Maina had been invited by the Economic and Financial Crimes Commission to explain his role in an alleged…

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Dasuki resists appearing in court for Metuh’s trial

Dasuki resists appearing in court for Metuh’s trial

Ade Adesomoju, Abuja

The detained former National Security Adviser,  Sambo Dasuki, is still not disposed to appearing before the Federal High Court in Abuja  to testify in defence of a former National Publicity Secretary of the Peoples Democratic Party, Olisa Metuh, despite the witness summons of the court ordering him to appear in that regard on Tuesday (tomorrow).

It was learnt from court…

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Reps’ N6.1bn exotic cars malfunction

Reps’ N6.1bn exotic cars malfunction

John Ameh, Abuja

Some of the exotic cars delivered to the members of the House of Representatives have developed faults barely 90 days after the automobiles arrived in Abuja, The PUNCH gathered on Sunday.

The majority of the lawmakers, 240 out of the total of 360, took delivery of the Peugeot 508 cars between June and July this year.

The cars, which lawmakers prefer to call “committee or utility…

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DNA reveals suspected rapist as father of baby

DNA reveals suspected rapist as father of baby

Olaide Oyelude, Katsina

A DNA paternity test carried out on a baby who was born after her mother was allegedly raped by two men, has revealed the real father of the child.

According to the First Information Report filed by the police on the incident, the DNA test identified Babangida Awaisu as the father of the baby that resulted from the sexual assault on one Bilikisu by both Awaisu and one…

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Groups allege plot by Fulani herdsmen to attack Benue

Groups allege plot by Fulani herdsmen to attack Benue

Umar Muhammed, Lafia

Some ethnic groups in Benue State have accused the Miyetti Allah Cattle Breeders Association of Nigeria of plotting to attack residents of the state.

Various socio-cultural organisations in Benue State, including Mdzough U Tiv Forum, Idoma National Forum and Omi Ny Igede Forum, made the allegation on Sunday in Nasarawa State during a visit to the Emir of Lafia, Alhaji…

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38-year-old dies after birth of quadruplets

38-year-old dies after birth of quadruplets

Olaide Oyelude, Katsina

A 38-year-old woman, Gaje Zubairu, who was delivered of quadruplets at the General Hospital, Malumfashi, Katsina State, last Wednesday through caesarian operation, died Sunday morning.

The hospital’s Chief Medical Director, Dr. AbdulHamed Abdullahi, confirmed the development to Northern City News, but provided no details on the circumstances surrounding the death.

He told…

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Monkeypox outbreak affecting sale of bush meat – Official

Monkeypox outbreak affecting sale of bush meat – Official

The outbreak of monkeypox has affected the sale of ‘bush meat’ in the country, a farmer has said.

The President of Grass Cutters Farmers Association of Nigeria, GRAFAN, Chinedu Eluwa, told the News Agency of Nigeria in Lagos on Sunday that people have become cautious of what they eat, especially the source of protein that accompanies their food and this has affected the sale of the grass cutters…

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How we handled $227,000 Nigeria Women Journalists NAWOJ fund – President

How we handled $227,000 Nigeria Women Journalists NAWOJ fund – President

The National President of the Nigeria Association of Women Journalists, NAWOJ, Ifeyinwa Omowole, has described as untrue the allegation of misappropriating the housing fund of the association.

Mrs. Omowole in statement issued on Sunday said that the report which alleged that $227,000 meant for housing units for members of the association had been embezzled was false.

Saturday Punch had reported…