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losses

Schneider launches equipment that will help electricity distribution companies cut operational losses

<p class="">The new solutions are expected to save DisCos significant operational costs, time and money.</p> <h1>Energy management company, Schneider Electric, has launched new smart equipment to achieve a self-healing grid and ensure efficient use of power in Nigeria.</h1> <p class="">The Head of Offer, Strategy and Business Development at Schneider Electric, <strong>Ifeanyi Odoh, </strong>made this known […]

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Pandemic Brings Huge Losses To Nigeria’s Cinema Industry

2020 was meant to be the year of cinema blockbusters – from action thrillers to sci-fi. There was a forecast of huge turnovers from several box office hits. But for the intrusion of COVID-19, about five box office hits would have been witnessed by the end of the second quarter of this year. Before COVID-19, […]

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50 Cent losses lawsuit against Rick Ross over “In Da Club” remix

Curtis “50 Cent” Jackson has lost his lawsuit against rival rapper Rick Ross over an unauthorized sampling of his song “In Da Club.” In a $2 million trademark infringement lawsuit that has lasted 5 years, 50 Cent claimed that his rights to publicity were violated after Rick Ross used the song in his 2015 Renzel […]

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Nigeria stock market loses N70bn, amid losses by blue chips

<p class="">The nation’s bourse returned to negative territory on Tuesday with the market capitalisation shedding N70 billion due to losses by some blue chips.</p> <h1>The market capitalisation was down 0.54 per cent to close at N12.858 trillion compared with N12. 928 trillion on Monday.</h1> <p class="">Also, the All-Share Index (ASI) dipped 133.45 points or 0.54 […]

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Man City Star Mahrez losses 500k worth of possessions to burglars

Manchester City winger Riyad Mahrez has been revealed the latest Premier League star to fall victim to a terrifying home invasion, with burglars stealing £500,000 worth of valuables during a raid back in April. Tottenham Hotspur’s Dele Alli suffered minor facial injuries as he was held at knifepoint earlier this month, when armed robbers broke […]

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May Day: FG says there will be no job losses arising from COVID-19

<p class="">The Federal Government says it will work to ensure that there are no job losses arising from the extreme effects of the Coronavirus (COVID-19) pandemic on the economy.</p> <h1>The Minister of Labour, Dr. Chris Ngige, said this on Thursday in his May Day message released by his media aide, Mr Emmanuel Nzomiwu.</h1> <p class="">Ngige […]

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Boko Haram/ISWAP suffer losses as military kills 13 terrorists in Geidam battle

<p class="">The Nigerian Army troops of Operation Lafiya Dole have again subdued the Boko Haram/ISWAP terrorists in an attempt to attack Geidam in Yobe State on Monday afternoon.</p> <h1>Geidam town is the Headquarters of Geidam Local Government Area of the state.</h1> <p class="">The News Agency of Nigeria (NAN) reports that the operation was carried out […]

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Hajj 2019: Nigeria losses 9 pilgrims – NAHCON

<p class="">The number of Nigerian pilgrims that died while performing the 2019 Hajj in Saudi Arabia has risen to nine, the Chairman, Medical team of the National Commission of Nigeria (NAHCON), Dr Ibrahim Kana, has announced.</p> <h1>Kana made the announcement in Muna while briefing journalists on activities of the medical team of NAHCON for the pilgrims.</h1> <p […]

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Hajj: Nigeria losses 9 pilgrims in Saudi – NAHCON

The Commission identified cough and hypertension as some of the health challenges presented by patients. The post Hajj: Nigeria losses 9 pilgrims in Saudi – NAHCON appeared first on Premium Times Nigeria.

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Air Force losses 2 personnel in ambush by armed bandits

THE Nigerian Air Force,NAF,has lost two of its personnel, an officer and an aircraftman in an ambush laid against troops of 271 Detachment,Birnin Gwari,by armed bandits. Continue reading Air Force losses 2 personnel in ambush by armed bandits at Vanguard News.

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Three banks record losses in 10months, one fails liquidity ratio test

THREE of the 25 deposit making banks (DMBs) recorded losses in ten months, from January to October 2018, while one of them failed the liquidity ratio test of the Central Bank of Nigeria. Continue reading Three banks record losses in 10months, one fails liquidity ratio test at Vanguard News Nigeria.

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