GSK’s Nigerian Unit Reports 66 Pct Drop In First-Half Profit

GSK’s Nigerian unit said on Tuesday its first-half pretax profit fell to 424.8 million naira ($2.14 million), down 66.05 percent from a year ago.


Honeywell Flourmills Says 2015 Profit Down 66 Pct

Honeywell Flourmills said on Tuesday its 2015 pretax profit fell to 1.43 billion naira ($7.19 million), down 66 percent from a year earlier.


Total Nigeria’s H1 Pretax Profit Rises

Total Nigeria, the local unit of France’s Total, reported a 7.6 percent rise in pre-tax profit to 3.68 billion naira ($19 million) compared with same period last year, it said on Tuesday.

MMA airport

Aviation Fuel Tanker Tumbles At Lagos Airport

A 33, 000 litres Jet A1 tanker with fuel Tuesday morning tumbled at the Murtala Mohammed Airport, MMA, Lagos road close to the access gate of the airport.


Why Reps Asked Buhari To Publish Jonathan’s Handover Note

The House of Representatives, Tuesday, asked President Muhammadu Buhari to publish the handover note of the former President Goodluck Jonathan for the people to have the first hand knowledge of performance of the past administration.


Obama Berates Sit-Tight African Leaders

President Barack Obama has chided African leaders who refuse to give up power in his first speech at the African Union headquarters by a US President.


Mikel Can Be Chelsea’s Captain — Mourinho

Chelsea manager Jose Mourinho has listed Super Eagles’s midfielder John Obi Mikel among the leaders in his squad, owing to the number of years he has spent at the Stamford Bridge.


Gbajabiamila Emerges House Majority Leader

Femi Gbajabiamilia – the lawmaker who was favourite of the All Progressives Congress (APC) to become speaker of the federal house of representatives but lost to Yakubu Dogara – has emerged the majority leader of the lower chamber.


Saraki, Ekweremadu Get Senate ‘Confidence Vote’

The senate on Tuesday passed a vote of confidence on its leadership, amid ongoing crisis over allegations that rules were forged to elect the senate president and his deputy.


Akpabio Emerges Senate Minority Leader

Godswill Akpabio, former governor of Akwa Ibom state and Peoples Democratic Party (PDP) senator (Akwa Ibom northwest), has been named the minority‎ leader of the senate.


Tinubu Seeks 100 Days Of Honeymoon For Buhari

A national leader of the All Progressives Congress, Asiwaju Bola Tinubu, on Tuesday, urged Nigerians who have been accusing President Muhammadu Buhari of being too slow to allow the President at least 100 days of honeymoon.


Marafa, Ashafa Seek To Stop Constitution Of Senate Committees

Five members of the the pro-Ahmed Lawan group in the Senate have asked a Federal High Court in Abuja to stop any move to constitute any standing or ad hoc committees of the Senate on the strength of the allegedly forged rules of the upper legislative chamber.


Fayose Approves N119m Car Loan For Ekiti Workers

Governor Ayodele Fayose of Ekiti State, has approved the disbursement of N119m as car loans to 623 workers in the state public service.


Gaddafi’s Son Sentenced To Death Over War Crimes

A court in Libya has sentenced Col Muammar Gaddafi’s son, Saif al-Islam, and eight others to death over war crimes linked to the 2011 revolution.


Nigeria’s Gas Reserves Life Index Stands At 79 Years, Says DPR

The Department of Petroleum Resources (DPR) has stated that Nigeria’s gas reserves of 188 trillion cubic feet (TCF) would be exhausted within 79 years from January 1, 2015.