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Nestle Trains 139 Graduate Engineers, Employs 131

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Nestle Nigeria Plc says that it has trained one hundred and thirty-nine (139) engineering graduates and given jobs to 131 of them.

The training was done at the company’s Technical Trainee Centers in Agbara , Ogun State, and Abaji in Abuja.

In a statement, the company said that the Nestlé Technical Training Center (TTC) is a multi-skill engineering training program which runs for a period of 18 months.

It said the total number of those who have so far completed the programme in our Technical Trainee Centers in Agbara and Abaji factories from 2013 till date is one hundred and thirty-nine (139).

To reduce unemployment, a total of one hundred and thirty-one (131) graduates were given employment by our company.

The other eight (8) graduates are in full time employment with other organizations.

The Company has in-house training facilities, complemented, when and where necessary, with external and overseas training for its employees.

This has broadened opportunities for career development within the organisation.

The content of the course is based on the syllabus of City and Guilds of London Technicians Examinations Certificates in Engineering, one of the world’s leading vocational education organizations.

The cost of the training for the eight (8) sets of graduates was fully paid by our Company.
To empower the trainees with relevant skills, the top five (5) students in the scheme were taken to Switzerland for further training within the Group’s factories.

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Business

BUA Group Denies Reports of Bid to Acquire Stake in Kano Pillars Football Club

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BUA Group has firmly dismissed online reports claiming that the conglomerate and its Chairman, Abdul Samad Rabiu, submitted a bid to acquire a 70% stake in Kano Pillars Football Club.

In a press statement issued on Tuesday, the company described the publication as inaccurate and misleading.

PRESS STATEMENT

Re: False Claims of Bid to Acquire Stake in Kano Pillars Football Club

Our attention has been drawn to an online publication suggesting that BUA Group and its Chairman, Abdul Samad Rabiu, have submitted a bid to acquire a 70% stake in Kano Pillars Football Club.

We would like to clarify that this report is inaccurate and does not reflect any position, action, or communication from BUA Group or Abdul Samad Rabiu. No such bid has been made, and there has been no engagement with any party on this matter.

We kindly request that this report be disregarded, and we encourage the public and members of the press to rely only on official statements issued through BUA Group’s verified channels for accurate information regarding our activities.

We appreciate the continued interest in BUA Group and thank the public for their understanding.

BUA Group reiterated its commitment to transparency and urged stakeholders to verify information through its official communication channels.

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Nigeria’s oil minister orders marketers to reduce fuel price

“While we believe that market forces will eventually restore equilibrium, the regulator also has a statutory responsibility to ensure that deregulation does not become an avenue for profiteering. This must be done in line with the extant provisions of the Petroleum Industry Act,”said Lokpobiri.

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The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, at the NMDPRA General Counsel and Legal Advisers Forum, directed petroleum marketers to reduce fuel price .

At the two-day forum themed: “Beyond Compliance: Driving Regulatory Certainty and Investment Confidence in Nigeria’s Petroleum Sector, Lokpobiri noted that refiners and marketers have continued to sell petrol at elevated pump prices despite the significant decline in crude oil prices from a peak of $120 per barrel to about $72 per barrel last week.

He said: “Following de-escalation of tensions between Iran and the United States, we expected to see a commensurate downward adjustment in the prices of PMS and other petroleum products.However, that has not yet happened.”

“While we believe that market forces will eventually restore equilibrium, the regulator also has a statutory responsibility to ensure that deregulation does not become an avenue for profiteering. This must be done in line with the extant provisions of the Petroleum Industry Act,”said Lokpobiri.

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Naira Exchange Rates Tuesday, 30 June 2026

BLACK MARKET RATES
US DOLLAR (USD) ₦1, 390
GREAT BRITISH POUND (GBP) ₦1,855
EURO (EUR) ₦1, 585

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BLACK MARKET RATES

US DOLLAR (USD) Buy ₦1, 390 Sell ₦1, 395

GREAT BRITISH POUND (GBP) Buy ₦1,855 Sell: ₦1,870

EURO (EUR) Buy ₦1, 585 Sell ₦1,605

CANADIAN DOLLAR (CAD) Buy ₦1,030 Sell ₦1,100

SOUTH AFRICAN RAND (ZAR) Buy ₦75 Sell ₦90

UAE DIRHAM Buy ₦350 Sell ₦370

CHINESE YUAN Buy ₦180 Sell ₦200

GHANA CEDI (GHS) Buy ₦95 Sell ₦110

WEST AFRICAN CFA Buy ₦2, 380 Sell ₦2, 460

CENTRAL AFRICAN CFA Buy ₦2, 220 Sell 2,300

AUSTRALIAN DOLLAR Buy ₦800 Sell ₦900

OFFICIAL CBN EXCHANGE RATES

US DOLLAR (USD) ₦1,383. 63

GREAT BRITISH POUND (GBP) ₦1,831.64

EURO (EUR) ₦1,578. 03

SWISS FRANC (CHF) ₦1,710.71

JAPANESE YEN (JPN) ₦8.55

CHINESE YUAN (CNY) ₦203. 65

WEST AFRICAN CFA (XOF) ₦2.40

WEST AFRICAN UNIT ACCOUNT (WAUA) ₦1,872. 07

SAUDI RIYAL (SAR) ₦368.43

SOUTH AFRICAN RAND (ZAR) ₦84.24

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