UK Conservative politician resigns after admitting watching porn in Parliament
A Member of Parliament in British Prime Minister Boris Johnson’s Conservative Party, Neil Parish, said Saturday he will resign after admitting twice watching pornography in the House of Commons. Parish told the BBC the first time he viewed the explicit material was an accident after searching online for farm vehicles.
FCMB’s shareholders approve N3.96bn dividend
Shareholders of FCMB Group Plc have approved a dividend payment of 20 kobo for the 2021 financial period. A statement said this was disclosed at the 9th annual general meeting of FCMB Group Plc, which was attended physically and virtually by shareholders in Lagos. It stated, “The directors of the
UN Chief, Guterres, to visit Nigeria after Russia-Ukraine negotiation trip
The United Nations Secretary-General, Antonio Guterres, is set to embark on a Ramadan solidarity visit to three West African nations. The visit to Nigeria, Senegal and Niger will begin on Saturday with Guterres expected to be in Nigeria on Tuesday. Deputy spokesperson, Farhan Haq, told reporters on Friday in New
FCT Minister allocates 1500sq meters of land to Muhammadu Buhari trust foundation in Abuja
The so-called anti-corruption fight of President Muhammadu Buhari’s administration has further been dragged into the mud after Minister of Federal Capital Territory FCT, Muhammed Bello, offered 15000 square meters of land to the President to build his Trust Foundation. The parcel of land located in the highbrow Maitama area of
Nigerian labour congress to hold workers day rally on tuesday, May 2
The Nigerian Labour Congress has resolved to shift the 2022 Workers Day Rally till May 2 should the Eid-El- Fitr, otherwise known as Ramadan Sallah, be announced for May 1 by the Supreme Council for Islamic Affairs of Nigeria. NLC said it resolved to toe the path because of the
Consumers in Calabar beg Master Bakers not to increase price of bread
Consumers of bread in parts of Cross River State have lamented the ever-increasing price of bread and have appealed to master bakers not to carry out their threat to further increase product prices. Adaeventsnews held random interviews with consumers, Saturday morning following a radio programme where a general manager of
Flour Mills gets approval to acquire majority stake in Honeywell
Flour Mills of Nigeria Plc. (FMN) has obtained regulatory approvals to acquire a 71.69% stake in Honeywell Flour Mills Plc (HFMP), formerly a portfolio company of Honeywell Group, and a 5.06% stake in HFMP held by First Bank of Nigeria Limited. The acquisition was approved by the Federal Competition and
Heifer International unveil $1million Pay-as-you-go tractor financing for agriculture
Heifer International has announced that it is investing $1 million in the tractor booking platform, Hello Tractor will provide loans for tractor purchases-loans that can be repaid from revenues earned by leasing them to local farmers. This move is a way of seeking innovative ways to generate agribusiness opportunities for
Energy-intensive firms to get electricity bill help
Ministers said an Energy Intensive Industries Compensation Scheme will be extended for a further three years and its budget will be more than doubled. The support comes as firms and households are being hit by higher energy bills, driven by soaring global wholesale gas prices. UK Steel said the extension
Amazon sell-off ends dismal month for US shares
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 index since the 2008 financial crisis, with a 13% fall. But the market downturn is not limited