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Nestlé Nigeria, despite general economic downturn, announces equity on N1.2tn sales

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   By allcitynews.ng  Nestlé Nigeria has announced its full-year 2025 results, reporting N1.2tn in revenue compared to N958.8bn in the same period of 2024, even as it recorded a turnaround in its equity position from negative N92.3bn to a positive N12.9bn  despite the hard economic downturn. Just it disclosed that improved performance has positively impacted our equity position. This was disclosed in the audited financial results for 2025 filed with the Nigerian Exchange Limited on Wednesday, February 25. In the period under review, the company achieved a net profit of N105bn against a loss of N164.6bn in 2024. It also recorded the early repayment of $40m in forex-denominated debt. Export sales grew 56 per cent to N10.2bn from N6.6bn in 2024. Operating profit increased 34.3 per cent from N167.9bn to N225.4bn, and profit before tax rose to N166.8bn, reversing the N221.5bn loss in 2024. Commenting on the results, the Chief Executive Officer and Managing Director of Nes...

A Non-governmental Organisation, GTI Human Rights Activists condemns attempted assassination of Peter Obi, calls for thorough investigation

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By allcitynews.ng  Concerned by the reported news in circulation, a Non-Governmental Organisation, and Non-Partisan Organisation,  Guard Time Information (GTI), has strongly condemned the reported threat to the life of His Excellency, Peter Obi in Edo State. The organization in a statement by the  Chairman, Mr Bibi Oduku, noted that the body that has many legal practitioners is committed to the protection of democratic values, rule of law, and the fundamental rights of all Nigerians,  viewed any threat to the life of any political leader as a serious danger to our democracy and national peace. According to his statement, "We therefore call on the newly appointed Inspector General of Police of the Nigeria Police Force to immediately deploy intelligence units to thoroughly investigate the alleged threat and ensure that those responsible are identified and brought to justice without delay. Nigeria’s democracy must not be reduced to a battlefield of intimidation, harassm...

Barely eight months after serious warning against visiting Edo State without permission, Peter Obi narrowly escaped assassination attempt

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By allcitynews.ng Barely eight months after receiving serious warning against visiting the state without permission from the Edo State House Governor, Benin, the 2023 Presidential candidate under  the platform of  Labour Party,  Mr  Peter Obi escaped  assassination attempt on Tuesday, February 24 2026. It would be recalled that the Edo State Governor, Monday Okpebholo on July 18 2025 warned Peter Obi against visiting Edo without security clearance. Accusing Obi of coming into Edo  State without prior permission,  the governor said, "He said, “The man wey say he no get shishi, I am sending a direct message to him, there is a new sheriff in town. He cannot come to Edo State without telling me because his security will not be guaranteed. “Whatever happens to him in Edo State, he will take it.  His s ecurity won’t be guaranteed," the governor warned. His warning was based on the visit to  Benin, by Obi on July 7 when he donated N15m million...

Amidst rising Inflation, Lagos State Government Increases Bus Rapid Transit, BRT, fares by 13%

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  By allcitynews.ng  As rising inflation has continue to affect the pockets of individuals, corporate bodies and governments, Lagos State Government has  increase Bus Rapid Transit (BRT), fares by 13%  The government, through its Metropolitan Area Transport Authority (LAMATA), stated that the price hike aimed at regulating public transport operations over raised concerns in its costs driven by economic pressures, became necessary to ensure sustainability of the government’s transport system. LAMATA, on Tuesday, February 24 2026, informed that the measure which takes effect from March 2, will charge N1,140 on commuters plying Igando to Obalende. Mile 12 to Yaba, TBS, passengers will begin to pay N690, Igbogbo to Marina, Badagry en-route to Mile 2 commuters will pay N1,140. Ikorodu to Alausa passengers will be charged N800, Ikotun to Marina, N1,100, Ayobo to Obalende, N1,260, as well as Ikotun to Ikeja, 630. Lagos Releases New BRT Fares: Below are the newly approved fa...

Inspector-General of Police, Kayode Egbetokun resigns over family reasons, Tunji Disu takes over in acting capacity

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  By allcitynews.ng  President Bola Ahmed Tinubu has accepted the resignation of the Inspector-General of Police, Kayode Egbetokun, following the submission of a letter in which he cited pressing family considerations for his decision to step aside. According to the Special Adviser to the President (Information and Strategy), Bayo Onanuga, the President received Egbetokun’s resignation on Tuesday and expressed profound appreciation for his decades of distinguished service to the nation and the Nigeria Police Force. He commended the outgoing police chief for his dedication, professionalism and steadfast commitment to strengthening the country’s internal security architecture during his tenure. Egbetokun, who was appointed Inspector-General of Police in June 2023, was serving a four-year term scheduled to conclude in June 2027, in line with the amended provisions of the Police Act. In response to the development and amid prevailing security challenges across the country, Preside...

Nestlé MILO spreads tentacles to the Northern Nigeria with Ramadan 30-day gifting campaign

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    By allcitynews.ng  As part of efforts to deepen  its connection with consumers across, MILO has rolled out an ambitious 30-day gifting campaign across Northern Nigeria. The programme, said MILO, is meant as a way of touching thousands of lives and strengthening community bonds during the holy month. The initiative will see the distribution of over one million sampled cups of MILO, more than 1,000 cartons of the iconic beverage, alongside essential Iftar support items including prayer mats, prayer kettles, and plastic buckets to families across the region. Designed to make a meaningful impact, the donations will be channelled through 100 religious and community leaders overseeing mosques with an average congregation of 300 worshippers each, ensuring the items reach families who need them most. Speaking at the official launch, the Category Manager for Beverages, Gilbert Tweneboah-Koduah,  said the campaign reflects MILO’s commitment to its consumers beyond com...

Have you tried this wonderful, powerful gift of God called Date? make it part of your breakfast menu or snack

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  By allcitynews.ng  After hours of abstaining from food and drinks, one could consider using Date as part of the breakfast menu. Why? Date, as a popular type of fruit has been around for a long time. The origin of date can be traced back to almost 5320 BC. The fruit is a staple item for people in the Middle East and North Africa and is mainly cultivated in these regions.   Date is believed to be highly beneficial for the body due to its rich composition of macronutrients and many other healthy elements. To reap its health benefits, it should be included in your diet or simply chew whether breaking of fast or as snack  One can incorporate date into your routine diet or part of  your regular fruit intake, then you will have more reason to  praise God for  his wonderful gifts.  Date is basically tropical fruit that is grown on date palm trees. Scientifically known as Phoenix Dactylifera, it  is believed to be one of the healthiest fruits i...