NDIC begins verification of customers of Heritage Bank for repayment of deposits
The Nigeria Deposit Insurance Corporation (NDIC) has said that it has started the liquidation process of Heritage Bank Plc following the revocation of its banking license by the Central Bank of Nigeria (CBN). Its Director of Communication & Public Affairs, Bashir Nuhu, in a statement yesterday noted that the corporation is currently verifying to pay […]
Minister of Information appeals to Labour to call off strike
The Minister of Information and National Orientation, Mohammed Idris, appealed to Organised Labour to call off the ongoing strike and return to the negotiation table in the best interest of the country. Idris, made this appeal on behalf of the Federal government, accompanied by the Minister of State for Labour, Hon Nkeiruka Onyejeocha and the […]
FG commits to minimum wage above ₦60,000
Federal Government says President Bola Tinubu is committed to a national minimum wage above ₦60,000, as the nationwide strike by the Organised Labour over a new minimum wage for workers paralyse economic activities in Nigeria. The Secretary to the Government of the Federation, George Akume, who announced this after a marathon meeting with labour leaders […]
ANC party loses Absolute Majority in South African election
South Africa’s ruling party, the African National Congress says it would enter talks with other parties to form a new government, after losing its three-decade-old absolute majority in the last election. With 99.91 percent of the votes from Wednesday’s election counted, President Cyril Ramaphosa’s had only 40.2 percent, a slump from the 57.5 percent it […]
Lagos ends 25% fare discount on state-owned transport services
The Lagos Metropolitan Area Transport Authority (LAMATA) says the 25 per cent discount on fares for regulated public bus, ferry and train services has ended. Recall that Governor Babajide Sanwo-Olu, on February 23, announced a 25 per cent discount on the fares to mitigate the impact of the removal of petrol subsidy on Lagos residents. […]
IATA clears Nigeria from the list of indebted countries
The International Air Transport Association (IATA) has declared Nigeria free from the list of indebted countries with trapped funds to foreign airlines. According to IATA, Nigeria has paid 98 percent of the trapped funds to foreign airlines, adding that remaining $19 million is due to the Central Bank’s ongoing verification of outstanding forward claims filed […]
President Tinubu condemns killing of Soldiers in Abia
President Bola Tinubu has condemned, the killing of five Soldiers and six civilians in Abia state last Thursday, by suspected members of the Indigenous People of Biafra. President Tinubu, in a statement he signed, assured that the federal government will come down heavily against those who have made it a habit to needlessly attack the […]
WAEC appeals to Organised Labour to consider students writing WASSCE
The West African Examinations Council (WAEC) has appealed to organised labour to consider students sitting for the West African Senior Secondary Certificate Examination, as it plans an indefinite strike from today Monday, June 3. The Head of National Office of WAEC, Dr Amos Dangut, who made the appeal yesterday said that the council shared in […]
Organized Labour insist on Planned Nationwide Strike
The leadership of the National Assembly and representatives of the Federal Government on Sunday evening, met with the leadership of the organised labour to avert the planned nationwide strike scheduled for today Monday, June 3. At the meeting, Senate President, Godswill Akpabio, who said the demands of labour are justifiable, however, appealed to Organised Labour […]
Netflix brings back the story of Òlòtūré
Netflix has brought back the story of Òlòtūré (a 2019 movie) with a new sequel series, titled: Òlòtūré: The Journey, which is set to be released on the streaming platform on June 28. The Nollywood series follows a young journalist working undercover as a sex worker in Nigeria to expose corruption. On her journey, she […]
