The Cinema Exhibitors Association of Nigeria (CEAN), the country’s premier Film Trade Association Body, has announced good news for cinema lovers on the occasion of the International Cinema Day. Opeyemi Ajayi, the chairman of the Cinema Exhibitors Association of Nigeria (CEAN), said in a statement on Tuesday in Lagos that cinema lovers would enjoy discounted […]
Supporters of Orlando Pirates has cautioned the team after their loss to Mamelodi Sundowns over the weekend. The defensive set up by the coach was particularly poor which led to the defeat to Mamelodi Sundowns. With Bucs preparing to take on Swallows in their next match, former Pirates striker James Mothibi has cautioned against playing […]
The premature loss has been narrowed down by South African company, Tongaat Hulett in an effort to cut cost due to the impact of the coronavirus. This initiative would ensure cash flow. Money produced from activities during the period flooded to R1.3 billion ($86.54 million) from a surge of 615 million rand in the year-back […]
A South African company bin the name of Absa Group has declared that the company wouldn’t bee paying fund in an attempt to save cash due to the impact of the Covid-19. Profit before one-time things and bookkeeping changes will presumably decay in excess of 40% from a year sooner, Johannesburg-based Absa said in an […]
South Africa national team Head Coach Molefi Ntseki stated the early damage to Lyle Foster and compelled substitution ‘messed up everything’ after the 2-1 loss to Zambia on Sunday. Bafana led for 78 minutes solely for the 2012 Africa Cup of Nations champions to rating two quickfire goals and ensure it was a candy return […]
JSE-listed funding maintaining agency Rand Merchant Investment (RMI) stated on Friday that its headline profits fell with the aid of nearly 50percent for the yr to end June, generally due to the big provisions raised in Discovery and Momentum Metropolitan Holdings for the anticipated consequences of Covid-19. This comes after Discovery made provision of R3.4billion […]
City Lodge Hotels parked its remaining dividend charge for the yr ended in June as it fluttered to a R486.6million loss on Covid-19 monetary fallout on its hotels. The crew stated the day gone by that it was once not planning to pay dividends in the short term, given the affect of Covid-19 on its […]
State-owned fingers organization Denel recorded any other loss of R1.7billion for the 2019/20 monetary year due to a significant decline in revenue collection. This emerged when the Department of Public Enterprises seemed before the portfolio committee on public firms on Wednesday to short the committee on development made in addressing governance challenges facing state-owned entities. […]
Brewing and beverage business enterprise Distell said on Monday the alcohol industry had already lost 118,000 jobs. Whilst nearly 800 small and medium sized liquor manufacturers confronted financial ruin as a end result of the South African government’s ban on sales to strive and incorporate Covid-19. SAB abandons R5bn of capital investment The country’s largest […]
Julius Berger Nigeria Plc has said a loss of N1.931 billion for the six month ended June 30, 2020, compared with a income of N2.835 billion in the corresponding period of 2019. Details of the unaudited results made available at the Nigerian Stock Exchange (NSE) confirmed that the building firm recorded a income of N102.055 […]
Kenya Airways has lost an estimated $100 million in revenue as a result of the coronavirus pandemic and related lockdowns, CEO Allan Kilavuka told reporters on Friday. “We don’t have the full picture of how much we have lost but our estimate is since January to date we have probably lost in terms of revenue […]
A former presidential candidate of the Allied Congress Party of Nigeria in the 2019 election and ex-Minister of Education, Obiageli Ezekwesili, has lost her mother, Mrs Cecilia Nwayiaka Ujubuonu. She was said to have died of cancer-related sickness in Abuja on Sunday. A statement on Monday by Ezekwesili’s spokesman, Ozioma Ubabukoh, said Ujubuonu died in […]
Billions shillings of taxpayer’ money is going down the drain in the controversial Sh63 billion leased medical equipment services (MES) programme, a new report shows. The report says some of the equipment that cost billions of shillings is still gathering dust while others are yet to be supplied despite the government having paid for them. […]
Alhaji Ibrahim Dauda, the nephew of President Muhammadu Buhari, is dead. The Senior Special Assistant on Media and Publicity to the President, Garba Shehu, who disclosed this in a statement, said Duada died in Daura, Katsina State, following a prolonged illness. According to the statement, the president was totally devastated by the death of his […]
The company added that these losses were a serious blow to the national economy. In January, the NOC announced an emergency due to its inability to ship oil from Libyan ports. According to the NOC, the shipping was stopped after a relevant order of the Libyan National Army’s (LNA) commander Field Marshal Khalifa Haftar. In […]
Legendary Super Eagles defender Taribo West claims that some of his teammates at France 1998 World Cup sneaked women into their hotel rooms before their round of 16 tie against Denmark. According to West, who is now a pastor, this is the reason why the players put up a woeful performance as they were walloped […]
Former Nigerian international Taye Taiwo has announced the death of his father, Pa Salisu Taiwo. Taye Taiwo made this announcement on his social media page as he shared a picture of his father with some crying and heartbreak emoji. Taiwo who is a defender at Finland’s RoPS Rovaniemi captioned the picture, “RIP in peace my […]
Nairobi nominated MCA Habiba Hussein has lost her seat after missing plenary sittings for two years. Speaking after she declared the seat vacant, Nairobi Speaker Beatrice Elachi said Habiba has not been attending assembly meetings, committee meetings, and sessions. The MCA who was nominated to the Assembly by the ruling party Jubilee has never been […]