Just in: Organised labour suspends strike, citing FG’s firm commitment
The Nigerian organized labour, a consortium of leading labour unions including Nigeria Labour Congress (NLC), Trade Union Congress (TUC), United Labour Congress (ULC) and civil societies has called off the warning strike which started on last week Thursday. President of…
Osun State Rerun: Oyetola overtakes, wins Adeleke with 482 votes
… As CUPP reacts, says INEC, APC reenacting 1983 electoral crisis ahead of 2019 The Secretariat of the Coalition of United Political Parties is worried that the Independent National Electoral Commission (INEC) and the Nigerian security forces have turned themselves…
CBN gives rare graphic details to build up of latest MTN, banks sanctions
The Governor of Central Bank of Nigeria (CBN), Mr. Godwin Emefiele on Thursday opened up on salient issues that led to its directive on MTN Nigeria to return $8.1bn it repatriated in connivance with four banks without waiting the final…
After rigorous selection rounds, NITDA names 6 startups for GITEX 2018
The National Information Technology Development Agency (NITDA), on Thursday announced the names of successful technology startups that will make Nigeria’s delegation to this year’s Gulf Information Technology Exhibition (GITEX 2018). The tech-preneurs, who will be sponsored by NITDA, will showcase…
Skye Bank: Experts query meaning of investigating retained, failed board
…Polaris now upgraded from bridge to full-fledged bank Barely one week after the Central Bank of Nigeria (CBN) and Nigerian Deposit Insurance Corporation (NDIC) literally changed the logo and name of Skye Bank to Polaris Bank and injected Nigerian commonwealth…
Fidelity Bank beats hostile operating environment to up half year profit to N13bn
At the height of national economic fragility, leading retail banking giant, Fidelity Bank Plc has released its half year (H1) performance, posting a buoyant Profit After Tax (PAT) of N11.8 billion against N9.03 billion recorded same period in 2017. Further…
Air Peace boss, Onyema gives insights on flight delays, cancellation
…As cancelled flights hit 348, delayed rise to 19,323 in 6 months Leading indigenous investor in aviation and chairman of Air Peace Limited, Mr. Allen Onyema has revealed the core course of flights delays and cancellations at Nigerian airports. In…
Nigerians fed up with Fashola’s promises as electricity supply wobbles at 3,761MW
At the inauguration of the Federal Executive Council (FEC) in September 2015, six months after the coming in of President Muhammadu Buhari administration, Minister of Power, Works and Housing and immediate former governor of Lagos State, Babatunde Fashola assured Nigerians…
We remain an equal opportunities employer—Chevron Nigeria
Chevron Nigeria Limited (CNL), operator of the Nigerian National Petroleum Corporation /CNL Joint Venture, has further restated that whereas it will continue to remain an equal opportunities employer and does not undertake employment decisions on the basis of race, gender,…
‘If CBN can inject N786bn in one bank, it can save 154 MfBs with just N5bn each—Expert
Lagos development economist, Dr. Segun Arogundade, has described the insolvency and revocation of financial institutions’ including Micro Finance Banks, Finance Houses and Mortgage Banks as very wrong signals for small business operators including Micro Small and Medium Enterprises (MSMEs). In…
