London (CNN Business)Heineken is cutting 8,000 jobs and trying to "move beyond beer" after the pandemic hammered sales.
The brewer of Moretti and Amstel said in an earnings statement on Wednesday that it will slash almost 10% of its global workforce and seek savings of €2 billion ($2.4 billion) over two years as part of an overhaul designed to improve efficiency. The restructuring will cost about €420 million ($509 million) and reduce head office staff costs by 20%. Regional offices and local operations will also be impacted. Heineken (HEINY) reported a net loss of €204 million ($247.6 million) in 2020, compared with a profit of €2.2 billion ($2.7 billion) the previous year. Revenue tumbled 16.7% to €23.8 billion ($28.9 billion) amid closures of restaurants and bars in key markets, as well as other restrictions on social gatherings and alcohol sales. "The impact of the pandemic on our business was amplified by our on-trade [pubs, bars and restaurants] and geographic exposure," CEO Dolf van den Brink, who took charge in June last year, said in a statement. Heineken estimates that at the end of January less than 30% of bars and restaurants were operating in Europe, which is its biggest market. Many countries in the region reimposed lockdowns in December and have tightened restrictions since. Heineken said it has written off €191 million ($231.6 million) relating to various individual UK pubs.
slawormiir: Damnnn niggarrrr Isoright .... Why is she emphasizing on those apple products. .. She want make he dash am some apple product....or because say apple products plenty for he house that means he has alot of money to give away
. Nigerians think when you posses some apple gadgets that it is a sign of richness
EFCC Arrests 11 Suspected Internet Fraudsters in Osogbo
The Economic and Financial Crimes Commission, EFCC, Ibadan zonal office, on Friday, January 22, 2021 arrested eleven suspected fraudsters. They were apprehended by operatives of the Commission who, acting on intelligence, swooped on their hideouts in Osogbo, the Osun State capital.
The Commission recovered twelve cars which include three Toyota Highlander SUVs, one Mercedes Benz GLK 350 SUV, One Acura SUV, two Honda Crosstour, two Toyota Venza and three other Toyota brands. Also recovered are phones, laptops and other devices.
The suspects, who variously claimed to be students, artisans, farmers and businessmen, are currently undergoing interrogation to ascertain their level of involvement in the alleged crime.
They will be charged to court as soon as investigations are concluded.
A married man simply identified as Eyom has reportedly died in Ekori, Yakkur Local Government Area at the weekend during a sex romp with a married woman known as Grace Odi.
Reports reaching Vanguard from the area say Grace and her husband Mr Odi left their community, Assiga to the neighbouring Ekori for wedding ceremony but midway into the wedding, Grace gave her husband a flimsy excuse and went straight to meet her lover in a prearranged guest house- the venue for their illicit sex activity.
Midway into the sex romp, Eyom allegedly started jerking and foaming in the mouth and eventually gave up the ghost.
“He told some of his friends that he was going to give his girlfriend who is married a good time and so needed to increase his performance by taking some sex enhancing drugs”. A source in the area confided in Vanguard.
According to our source, the woman on noticing that the man had died dressed up and secretly left the place but the lifeless body of the man was later seen by the staff of the guest house who in turn alerted the owner of the guest house and the man’s identity revealed by community members who came to witness the scene.
“It was when his identity was revealed that some of his friends remembered what he told them and a search for his married girlfriend began and was eventually located at the wedding ceremony by staff of the guest house who booked them into the room” Our source revealed.
The police have since detained the woman for further investigation while the body of the man has been deposited at the Ugep General Hospital mortuary
Ms Irene Ugbo, the Cross River State Police Command spokesman says she is yet to be briefed on the incident.
Many are so blind to see and know what is playing out! They are not after Trump! They are after you! They are after the little s Freedom you feel you have The Antichrist and his Foot Soldiers are so desperate to Come in.. Trump has Fought an Extraordinary good Fight as a Human being..
There is No More Time!! There is No More time!!! Humble yourself before GOD and Accept JESUS Christ..
Nigerian, Oye Owolewa, has been elected to the United States Congress.
Owolewa from Kwara, who holds a doctor of philosophy (Ph.D.) degree in Pharmacy from the North-Eastern University, Boston, contested on the platform of the Democratic Party as a ‘shadow’ (non-voting) House of Representative member out of the District of Columbia (DC). SaharaReporters gathered the 31-year-old politician is the first Nigerian congressman in the country’s history.
Sharing the news on his Facebook page, he wrote, “Good morning. Looks like we did it! I want to thank everyone, from family and close friends to DC residents. Because of your contributions and sacrifices, I stand before you as America's first Nigerian-American congressman.
Governor obaseki builds new nysc orientation camp in Edo after 20 years of abandonment
Honourable barrister Damian lawani the Edo state commissioner for youth/chairman nysc state governing board led by Mr adebayo ojo, the state coordinator of nysc edo state and the Ncdc/who/min of health edo team on routine inspections of the nysc edo state new permanent orientation camp to asess the level of preparedness for the orientation course schedule to commence on th 10th November 2020
A Nigerian national was Thursday sentenced to 51 months in prison for his role in a conspiracy that laundered $1.7 million from US companies through a Business Email Compromise scheme otherwise known as Alibaba.
In addition to the jail term, US District Court in Austin Texas also mandated 33-year-old Nosa Onaghise to refund $1.6 million of the stolen money; pay $230,000 in fines; and forfeit $14,282.50 found in his account.
Onaghise will also be on supervised release for three years after completing his prison term.
Court records show Onaghise was indicted with four other Nigerians who are already serving terms in the US for stealing over $10 million between 2016 and 2019. The conspirators were able to take out $6 million out of the loot before US law enforcement stopped further transfers.
The other four co-conspirators are: Bamiyi Omale ( serving 135 months in jail); Chinonso Agbaji (78 months); Igho Calaba (30 months); and Chibuzor Uba (36 months).
Earlier in 2018, Onaghise had pleaded guilty to one count of passport fraud for attempting to use a fake passport to open several bank accounts in the U.S. in furtherance of the fraud scheme.
“Scammers and fraudsters beware! We will bring the full weight of federal law enforcement down on those who prey on the legitimate business community here in Austin and elsewhere in this district,” stated U.S. Attorney Sofer.
“The sentence and restitution order handed down today demonstrate the serious nature of these offenses - offenses that damage our economy and harm innocent victims. If you are engaged in this shameful and illegal activity, you can expect to go to federal prison.”
Alibaba involves scammers hacking into a product seller’s email to stalk transaction discussions between a buyer and the seller; and inserting their own bank account details when it is time for the buyer to make payment.
edo state covid 19 palliative have just been discovered
Army and police are deployed there already to prevent people from gaining entrance
But people insist they must open it
Okay..a report just reaching me now says the army and police could not prevent people from opening the ware house
As at this very moment the ware house is opened and people are packing food The place is at medical store road. Along Benin- lagos road..close to that psychiatric hospital