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    NDPC investigates e-commerce platform, Temu for alleged violation of Data Protection Act

    NDPC commences probe of alleged data breach at CAC

    Nigeria begins indigenous production of attack drones in partnership with local tech firm

    Nigeria commits $500,000 to AFRITAC West 2 Phase III

    SERAP urges INEC to account for alleged missing N55.9b meant to buy smart card readers, ballot papers, others

    INEC registers 3.7m in CVR phase II

    Police activates CCTV centre in Lagos to boost technology-driven policing

    Benue Police confirm escape of two from kidnappers in Wednesday bus attack

    Police activates CCTV centre in Lagos to boost technology-driven policing

    Police release bio-data of Nigerian accused of murder in UK

    ICRC charges Nigerians to embrace hope, shared responsibility in 2026

    ICRC boss says Tinubu’s PPP drive yielding major infrastructure gains

    Nigeria: NBS confirms further drop in food prices in September 2025

    World Food Programme confirms N7b on shock response, social protection in Nigeria in 2025

    Nigeria: What renewed hope leaders and ambassadors say at meeting with Tinubu

    Nigeria: What renewed hope leaders and ambassadors say at meeting with Tinubu

    Taxing, Borrowing the Future Without Building: What has Nigeria’s fiscal authority done for the real sector?

    Tinubu assents to 2026 Appropriation Bill, 2025 Budget extension

  • Entertainment
    CREATIVE SECTOR: Strong tech-driven growth

    CREATIVE SECTOR: Strong tech-driven growth

    Deejays disown report of Burna Boy’s music ban

    Deejays disown report of Burna Boy’s music ban

    David Offor, famous actor as Clarus in 1970s New Masquerade tv home series, passes away 

    David Offor, famous actor as Clarus in 1970s New Masquerade tv home series, passes away 

    Spotify streams fetch Nigerian artistes N60b in 2025

    Spotify streams fetch Nigerian artistes N60b in 2025

    Grammys 2026: South Africa’s Tyla edges Nigerian artistes with Best African Music Performance

    Grammys 2026: South Africa’s Tyla edges Nigerian artistes with Best African Music Performance

    Actors Guild of Nigeria lifts suspension of  Nollywood actress Halima Abubakar

    Actors Guild of Nigeria lifts suspension of  Nollywood actress Halima Abubakar

    NFC congratulates Funke Akindele as film ‘Behind The Scenes’ grosses over N2b at the box office

    NFVCB hails Funke Akindele on box office success of ‘Behind The Scene’

    NFC congratulates Funke Akindele as film ‘Behind The Scenes’ grosses over N2b at the box office

    NFC congratulates Funke Akindele as film ‘Behind The Scenes’ grosses over N2b at the box office

    Taxing, Borrowing the Future Without Building: What has Nigeria’s fiscal authority done for the real sector?

    Tinubu salutes Rema, Burna Boy, Shallipopi, others as Nigeria shines at 9th AFRIMA

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    Shell/NNPC, partners, delivers Geosciences Centre of Excellence at University of Lagos

    Shell/NNPC, partners, delivers Geosciences Centre of Excellence at University of Lagos

    JAMB says no barring of undergraduates from UTME

    JAMB to reschedule UTME for candidates whose centre suffered technical glitches in Abuja axis

    Oyetola commissions NIMASA–UNILAG Institute of Maritime Studies Building, reaffirms commitment to blue economy growth

    Oyetola commissions NIMASA–UNILAG Institute of Maritime Studies Building, reaffirms commitment to blue economy growth

    JAMB says no barring of undergraduates from UTME

    Nigeria: Police strengthen deployment nationwide ahead of JAMB examination

    NCDMB provides roadmap to $3.4trn continental market for energy sector through AfCFTA

    NCDMB, Seplat partner to deliver Centre of Excellence at DELSU

    PTDF conducts peer review of Annual Oil and Gas Research Grant Competition

    PTDF overseas scholarship attracts 2,102 PhD candidates in second phase interviews

    PTDF conducts peer review of Annual Oil and Gas Research Grant Competition

    PTDF: Stakeholders affirm transparency in Overseas Scholarship Scheme selection  

    EDUCATION: Between high digital ambition and foundational challenges

    EDUCATION: Between high digital ambition and foundational challenges

    Ogun gov pledges to return missionary schools to their owners

    Ogun gov pledges to return missionary schools to their owners

  • Health
    HEALTH: Between ambition and reality

    HEALTH: Between ambition and reality

    WHO confirms 88% drop in measles deaths as vaccination averts 58.7m deaths globally

    WHO forum unites 800 collaborating centres for stronger scientific cooperation

    Nigeria: FG tasks CBPP on vaccination efforts for total eradication of cattle pneumonia

    Nigeria: FG tasks CBPP on vaccination efforts for total eradication of cattle pneumonia

    Africa: CDC raises alarm of rising outbreaks of cholera, Mpox, Marburg

    Africa CDC drops warning of losing 40% of health funds to inefficiency

    Africa: CDC raises alarm of rising outbreaks of cholera, Mpox, Marburg

    Africa CDC reports 61,000 measles cases, 451 deaths across 19 countries in early 2026

    Shell/NNPC boost respiratory care in Nigeria with donation of key equipment to LUTH

    Shell/NNPC boost respiratory care in Nigeria with donation of key equipment to LUTH

    Nigeria adopts new frameworks to strengthen accountability, financing, governance, service delivery in health sector

    Nigeria: Report confirms decline in diagnostic accuracy among clinical health workers in public facilities to 46.1%

    Nigeria: Minister confirms 17% drop in maternal deaths in 172 LGAs

    Nigeria partners Airbus to procure emergency helicopters

    Nigeria adopts new frameworks to strengthen accountability, financing, governance, service delivery in health sector

    Nigeria: Resident doctors to resume nationwide strike Tuesday

    • Health and Fitness
  • Media
    NiRA blames foreign domains for multi-billion naira capital flight

    NiRA deploys domain extensions to bolster Nigeria’s internet security

    NiRA blames foreign domains for multi-billion naira capital flight

    NiRA blames foreign domains for multi-billion naira capital flight

    Dangote, Pope Leo XIV, Trump, Xi Jinping, others named in TIME 100 Most Influential People for 2026

    Dangote, Pope Leo XIV, Trump, Xi Jinping, others named in TIME 100 Most Influential People for 2026

    MTN gives 20 startups N5m each in Cloud Accelerators programme

    MTN Nigeria opens applications for 5th Media Innovation Programme

    MEDIA: Digital platforms reshaping consumption

    MEDIA: Digital platforms reshaping consumption

    Young Nigerians should drive positive change, not internet fraud – Olukoyede

    Nigeria: EFCC boss tasks media on reportage of anti-corruption fight

    Nigeria: FCCPC investigates possible exploitation in airfare price

    FCCPC and Digital Theft: Time to act

    Nigeria: Speaker Abbas inaugurates House committee to strengthen border security

    Nigeria: Speaker tasks media on maintaining journalism standard as FRCN clocks 75

    WorldStage Nigeria’s Macroeconomic Outlook 2026: Stakeholders demand policy consistency to anchor investor confidence for growth

    WorldStage president advocates executive order to compel Nigerian firms to commit 80% of advert budget to local media

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    Nigerian Breweries confirms brewers’ return to profitability in 2025

    Nigerian Breweries confirms brewers’ return to profitability in 2025

    Guinness Nigeria credits renewed confidence of investors in long-term prospects for ₦1trn market capitalisation

    Guinness Nigeria credits renewed confidence of investors in long-term prospects for ₦1trn market capitalisation

    EFCC arraigns CEO, company for multiple fraud in Kaduna

    EFCC arraigns man over alleged N64m fraud in Onitsha

    SERAP urges INEC to account for alleged missing N55.9b meant to buy smart card readers, ballot papers, others

    INEC completes 3,441,121 registrations in second phase of CVR

    Photo News: Tinubu  inaugurates Opebi-Ojota Link Bridge, Multi-Agency Complex, LAGIS

    Photo News: Tinubu  inaugurates Opebi-Ojota Link Bridge, Multi-Agency Complex, LAGIS

    Eterna launches ₦21.52bn rights issue

    Eterna’s 72% drop in cashflow constricts first dividend in 4 yrs

    • Politics
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  • World
    UN welcomes Strait of Hormuz reopening amid ceasefire

    UN welcomes Strait of Hormuz reopening amid ceasefire

    Global cooperation is showing resilience in the face of geopolitical headwinds – WEF

    World Economic Forum report charts key strategies and trade-offs for long-term growth

    Edun at a forum

    Nigeria: Wale Edun charges developing countries to adopt measures to mitigate global shock

    German Chancellor says end of Iranian leadership could be matter of days

    U.S. says Iran port blockade fully enforced, trade halted

    IMF boss says AI has potential to boost global growth  

    IMF lowers global growth forecasts amid Middle East war

    Sudan faces a deeper health crisis after three years of conflict – WHO

    Sudan faces a deeper health crisis after three years of conflict – WHO

    UN launches $33b aid appeal with urgent call for global solidarity

    UN allocates $48m for air service in Nigeria, Chad, DR Congo, Kenya, four others

    WHO confirms 88% drop in measles deaths as vaccination averts 58.7m deaths globally

    WHO forum unites 800 collaborating centres for stronger scientific cooperation

    WHO confirms 88% drop in measles deaths as vaccination averts 58.7m deaths globally

    WHO releases US$800,000 for Iran health response

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  • Sports
    SPORTS: Great leap with high budget

    SPORTS: Great leap with high budget

    CAF appoints Samson Adamu first Nigerian Acting Secretary-General

    Tinubu congratulates Adamu on appointment as acting CAF General Secretary

    Nigeria: Odegbami threatens to challenge NFF elections in court

    Nigeria: Odegbami threatens to challenge NFF elections in court

    CAF appoints Samson Adamu first Nigerian Acting Secretary-General

    CAF appoints Samson Adamu first Nigerian Acting Secretary-General

    Senegal beat Morocco to lift AFCON 2025

    African football in fresh crisis as court of arbitration freezes decision to strip Senegal of 2025 AFCON

    AFCON to now hold every 4 years

    Morocco welcomes CAF ruling that stripes Senegal of AFCON cup

    Nigeria: MKO Stadium picked as primary hub for 3rd National Para Games

    Nigeria: MKO Stadium picked as primary hub for 3rd National Para Games

    Tinubu condoles with family of ex- Super Eagles player Henry Nwosu who died at 62

    Tinubu condoles with family of ex- Super Eagles player Henry Nwosu who died at 62

    GTI chief foresees N200b investment in Nigeria’s premier league within five years

    GTI chief foresees N200b investment in Nigeria’s premier league within five years

  • Business

    Redeemer’s University Business School to raise men, women of integrity in the business world –  Adeboye

    Afreximbank wants Africa to raise factoring volumes to about €240b to support SME-led transformation

    Afreximbank earmarks US$10 billion intervention fund to shield African economies from global conflicts

    AIICO grows revenues by 27% to ₦137.7b in 2025

    AIICO Insurance to pay  7kobo dividend, yield drops 60%

    Ecobank Nigeria confirms early repayment of $300m eurobond

    Ecobank Nigeria assures customers of uninterrupted banking services

    Banks’ Insiders Take Position: Why You Should Worry

    Investors adopt cautious approach as Nigerian equities rally, gain N837b

    Julius Berger doubles earnings per share, to pay N4.25 final dividend

    Julius Berger doubles earnings per share, to pay N4.25 final dividend

    Consolidated Hallmark risks NGX deadline

    Consolidated Hallmark Insurance outperforms groups’ PAT

    DBI releases Nigeria Digital Economy Outlook 2026

    DBI releases Nigeria Digital Economy Outlook 2026

    GTCO gets permissions to raise N10b through private placement

    Post Recapitalisation: GTCO’s shareholders ‘ funds hits N3.4trillion, to pay N12.76 dividend

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  • NIGERIA
    NDPC investigates e-commerce platform, Temu for alleged violation of Data Protection Act

    NDPC commences probe of alleged data breach at CAC

    Nigeria begins indigenous production of attack drones in partnership with local tech firm

    Nigeria commits $500,000 to AFRITAC West 2 Phase III

    SERAP urges INEC to account for alleged missing N55.9b meant to buy smart card readers, ballot papers, others

    INEC registers 3.7m in CVR phase II

    Police activates CCTV centre in Lagos to boost technology-driven policing

    Benue Police confirm escape of two from kidnappers in Wednesday bus attack

    Police activates CCTV centre in Lagos to boost technology-driven policing

    Police release bio-data of Nigerian accused of murder in UK

    ICRC charges Nigerians to embrace hope, shared responsibility in 2026

    ICRC boss says Tinubu’s PPP drive yielding major infrastructure gains

    Nigeria: NBS confirms further drop in food prices in September 2025

    World Food Programme confirms N7b on shock response, social protection in Nigeria in 2025

    Nigeria: What renewed hope leaders and ambassadors say at meeting with Tinubu

    Nigeria: What renewed hope leaders and ambassadors say at meeting with Tinubu

    Taxing, Borrowing the Future Without Building: What has Nigeria’s fiscal authority done for the real sector?

    Tinubu assents to 2026 Appropriation Bill, 2025 Budget extension

  • Entertainment
    CREATIVE SECTOR: Strong tech-driven growth

    CREATIVE SECTOR: Strong tech-driven growth

    Deejays disown report of Burna Boy’s music ban

    Deejays disown report of Burna Boy’s music ban

    David Offor, famous actor as Clarus in 1970s New Masquerade tv home series, passes away 

    David Offor, famous actor as Clarus in 1970s New Masquerade tv home series, passes away 

    Spotify streams fetch Nigerian artistes N60b in 2025

    Spotify streams fetch Nigerian artistes N60b in 2025

    Grammys 2026: South Africa’s Tyla edges Nigerian artistes with Best African Music Performance

    Grammys 2026: South Africa’s Tyla edges Nigerian artistes with Best African Music Performance

    Actors Guild of Nigeria lifts suspension of  Nollywood actress Halima Abubakar

    Actors Guild of Nigeria lifts suspension of  Nollywood actress Halima Abubakar

    NFC congratulates Funke Akindele as film ‘Behind The Scenes’ grosses over N2b at the box office

    NFVCB hails Funke Akindele on box office success of ‘Behind The Scene’

    NFC congratulates Funke Akindele as film ‘Behind The Scenes’ grosses over N2b at the box office

    NFC congratulates Funke Akindele as film ‘Behind The Scenes’ grosses over N2b at the box office

    Taxing, Borrowing the Future Without Building: What has Nigeria’s fiscal authority done for the real sector?

    Tinubu salutes Rema, Burna Boy, Shallipopi, others as Nigeria shines at 9th AFRIMA

    • Life
    • Art & Culture
    • LIFE & CULTURE
  • Education
    Shell/NNPC, partners, delivers Geosciences Centre of Excellence at University of Lagos

    Shell/NNPC, partners, delivers Geosciences Centre of Excellence at University of Lagos

    JAMB says no barring of undergraduates from UTME

    JAMB to reschedule UTME for candidates whose centre suffered technical glitches in Abuja axis

    Oyetola commissions NIMASA–UNILAG Institute of Maritime Studies Building, reaffirms commitment to blue economy growth

    Oyetola commissions NIMASA–UNILAG Institute of Maritime Studies Building, reaffirms commitment to blue economy growth

    JAMB says no barring of undergraduates from UTME

    Nigeria: Police strengthen deployment nationwide ahead of JAMB examination

    NCDMB provides roadmap to $3.4trn continental market for energy sector through AfCFTA

    NCDMB, Seplat partner to deliver Centre of Excellence at DELSU

    PTDF conducts peer review of Annual Oil and Gas Research Grant Competition

    PTDF overseas scholarship attracts 2,102 PhD candidates in second phase interviews

    PTDF conducts peer review of Annual Oil and Gas Research Grant Competition

    PTDF: Stakeholders affirm transparency in Overseas Scholarship Scheme selection  

    EDUCATION: Between high digital ambition and foundational challenges

    EDUCATION: Between high digital ambition and foundational challenges

    Ogun gov pledges to return missionary schools to their owners

    Ogun gov pledges to return missionary schools to their owners

  • Health
    HEALTH: Between ambition and reality

    HEALTH: Between ambition and reality

    WHO confirms 88% drop in measles deaths as vaccination averts 58.7m deaths globally

    WHO forum unites 800 collaborating centres for stronger scientific cooperation

    Nigeria: FG tasks CBPP on vaccination efforts for total eradication of cattle pneumonia

    Nigeria: FG tasks CBPP on vaccination efforts for total eradication of cattle pneumonia

    Africa: CDC raises alarm of rising outbreaks of cholera, Mpox, Marburg

    Africa CDC drops warning of losing 40% of health funds to inefficiency

    Africa: CDC raises alarm of rising outbreaks of cholera, Mpox, Marburg

    Africa CDC reports 61,000 measles cases, 451 deaths across 19 countries in early 2026

    Shell/NNPC boost respiratory care in Nigeria with donation of key equipment to LUTH

    Shell/NNPC boost respiratory care in Nigeria with donation of key equipment to LUTH

    Nigeria adopts new frameworks to strengthen accountability, financing, governance, service delivery in health sector

    Nigeria: Report confirms decline in diagnostic accuracy among clinical health workers in public facilities to 46.1%

    Nigeria: Minister confirms 17% drop in maternal deaths in 172 LGAs

    Nigeria partners Airbus to procure emergency helicopters

    Nigeria adopts new frameworks to strengthen accountability, financing, governance, service delivery in health sector

    Nigeria: Resident doctors to resume nationwide strike Tuesday

    • Health and Fitness
  • Media
    NiRA blames foreign domains for multi-billion naira capital flight

    NiRA deploys domain extensions to bolster Nigeria’s internet security

    NiRA blames foreign domains for multi-billion naira capital flight

    NiRA blames foreign domains for multi-billion naira capital flight

    Dangote, Pope Leo XIV, Trump, Xi Jinping, others named in TIME 100 Most Influential People for 2026

    Dangote, Pope Leo XIV, Trump, Xi Jinping, others named in TIME 100 Most Influential People for 2026

    MTN gives 20 startups N5m each in Cloud Accelerators programme

    MTN Nigeria opens applications for 5th Media Innovation Programme

    MEDIA: Digital platforms reshaping consumption

    MEDIA: Digital platforms reshaping consumption

    Young Nigerians should drive positive change, not internet fraud – Olukoyede

    Nigeria: EFCC boss tasks media on reportage of anti-corruption fight

    Nigeria: FCCPC investigates possible exploitation in airfare price

    FCCPC and Digital Theft: Time to act

    Nigeria: Speaker Abbas inaugurates House committee to strengthen border security

    Nigeria: Speaker tasks media on maintaining journalism standard as FRCN clocks 75

    WorldStage Nigeria’s Macroeconomic Outlook 2026: Stakeholders demand policy consistency to anchor investor confidence for growth

    WorldStage president advocates executive order to compel Nigerian firms to commit 80% of advert budget to local media

    • CSR
    • Jobs
    • Labour
    • Law
  • News
    Nigerian Breweries confirms brewers’ return to profitability in 2025

    Nigerian Breweries confirms brewers’ return to profitability in 2025

    Guinness Nigeria credits renewed confidence of investors in long-term prospects for ₦1trn market capitalisation

    Guinness Nigeria credits renewed confidence of investors in long-term prospects for ₦1trn market capitalisation

    EFCC arraigns CEO, company for multiple fraud in Kaduna

    EFCC arraigns man over alleged N64m fraud in Onitsha

    SERAP urges INEC to account for alleged missing N55.9b meant to buy smart card readers, ballot papers, others

    INEC completes 3,441,121 registrations in second phase of CVR

    Photo News: Tinubu  inaugurates Opebi-Ojota Link Bridge, Multi-Agency Complex, LAGIS

    Photo News: Tinubu  inaugurates Opebi-Ojota Link Bridge, Multi-Agency Complex, LAGIS

    Eterna launches ₦21.52bn rights issue

    Eterna’s 72% drop in cashflow constricts first dividend in 4 yrs

    • Politics
    • Opinion
  • World
    UN welcomes Strait of Hormuz reopening amid ceasefire

    UN welcomes Strait of Hormuz reopening amid ceasefire

    Global cooperation is showing resilience in the face of geopolitical headwinds – WEF

    World Economic Forum report charts key strategies and trade-offs for long-term growth

    Edun at a forum

    Nigeria: Wale Edun charges developing countries to adopt measures to mitigate global shock

    German Chancellor says end of Iranian leadership could be matter of days

    U.S. says Iran port blockade fully enforced, trade halted

    IMF boss says AI has potential to boost global growth  

    IMF lowers global growth forecasts amid Middle East war

    Sudan faces a deeper health crisis after three years of conflict – WHO

    Sudan faces a deeper health crisis after three years of conflict – WHO

    UN launches $33b aid appeal with urgent call for global solidarity

    UN allocates $48m for air service in Nigeria, Chad, DR Congo, Kenya, four others

    WHO confirms 88% drop in measles deaths as vaccination averts 58.7m deaths globally

    WHO forum unites 800 collaborating centres for stronger scientific cooperation

    WHO confirms 88% drop in measles deaths as vaccination averts 58.7m deaths globally

    WHO releases US$800,000 for Iran health response

    • Africa
    • America
    • Asia
    • Europe
  • Sports
    SPORTS: Great leap with high budget

    SPORTS: Great leap with high budget

    CAF appoints Samson Adamu first Nigerian Acting Secretary-General

    Tinubu congratulates Adamu on appointment as acting CAF General Secretary

    Nigeria: Odegbami threatens to challenge NFF elections in court

    Nigeria: Odegbami threatens to challenge NFF elections in court

    CAF appoints Samson Adamu first Nigerian Acting Secretary-General

    CAF appoints Samson Adamu first Nigerian Acting Secretary-General

    Senegal beat Morocco to lift AFCON 2025

    African football in fresh crisis as court of arbitration freezes decision to strip Senegal of 2025 AFCON

    AFCON to now hold every 4 years

    Morocco welcomes CAF ruling that stripes Senegal of AFCON cup

    Nigeria: MKO Stadium picked as primary hub for 3rd National Para Games

    Nigeria: MKO Stadium picked as primary hub for 3rd National Para Games

    Tinubu condoles with family of ex- Super Eagles player Henry Nwosu who died at 62

    Tinubu condoles with family of ex- Super Eagles player Henry Nwosu who died at 62

    GTI chief foresees N200b investment in Nigeria’s premier league within five years

    GTI chief foresees N200b investment in Nigeria’s premier league within five years

  • Business

    Redeemer’s University Business School to raise men, women of integrity in the business world –  Adeboye

    Afreximbank wants Africa to raise factoring volumes to about €240b to support SME-led transformation

    Afreximbank earmarks US$10 billion intervention fund to shield African economies from global conflicts

    AIICO grows revenues by 27% to ₦137.7b in 2025

    AIICO Insurance to pay  7kobo dividend, yield drops 60%

    Ecobank Nigeria confirms early repayment of $300m eurobond

    Ecobank Nigeria assures customers of uninterrupted banking services

    Banks’ Insiders Take Position: Why You Should Worry

    Investors adopt cautious approach as Nigerian equities rally, gain N837b

    Julius Berger doubles earnings per share, to pay N4.25 final dividend

    Julius Berger doubles earnings per share, to pay N4.25 final dividend

    Consolidated Hallmark risks NGX deadline

    Consolidated Hallmark Insurance outperforms groups’ PAT

    DBI releases Nigeria Digital Economy Outlook 2026

    DBI releases Nigeria Digital Economy Outlook 2026

    GTCO gets permissions to raise N10b through private placement

    Post Recapitalisation: GTCO’s shareholders ‘ funds hits N3.4trillion, to pay N12.76 dividend

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Nascon Allied Industries records 25.02% drop in profit to N1.2b in Q1 2024

by Worldstage News
May 1, 2024
in Industry
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WorldStage Newsonline– Nascon Allied Industries Plc has released its unaudited financial statements for the period ended 31 March 2024 with a 25.02% drop in profit to N1.232 billion from N1.643 billion in Q1 2023.

Revenue for the quarter however rose to N23.618 billion from N16.901 billion in Q1 2024.

Tags: Nascon Allied Industries Plc
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