Business

Whistle blowers pocket N375m

The Federal Ministry of Finance has confirmed release of N375.8 million to the first batch of 20 providers of information under the Whistleblower Policy. The payment, of various amounts totaling N375,875,000, relate to the recovery of N11,635,000,000 . The Minister for Finance, Mrs. Kemi Adeosun, said in a statement issued on Wednesday in Abuja: “This […]

Business

Dropped calls: Senate seeks operators sactions

The Senate on Tuesday passed a resolution, requesting the Nigerian Communications Commission (NCC) to sanction GSM service providers over incessant dropped calls and poor services being provided. The resolution was sequel to a motion sponsored by Senator Andy Uba (APC,  Anambra) on the unwholesome practices of telecommunications Network operators in the country. The Senate asked […]

Business

Uber fires 20 employees after harassment probe

Uber Technologies Inc said on Tuesday it fired 20 employees and was improving management training following an investigation by a law firm into sexual harassment allegations and other claims at the ride-hailing company. Uber fired the staff following a report by law firm Perkins Coie, which Uber hired to look into claims of harassment, discrimination, […]

Business

Mark Zuckerberg, Facebook founder meets Lola

Facebook founder Mark Zuckerberg, on Tuesday received Nigeria’s Lola Omolola, founder of a secret Facebook group called Female in Nigeria (FIN). The News Agency of Nigeria (NAN) reports that FIN was founded in 2015 by Omolola, a movement of women focused on building compassion and providing support for one another, with the goal of having […]

Business

Court insists EFCC must pay Nyako N12.5m

A Federal High Court in Abuja has ordered the Economic and Financial Crimes Commission (EFCC) to deposit a fine of N12.5m imposed on it for infringing the fundamental rights of Senator Abdulaziz Nyako with the Chief Registrar of the court. The money was imposed on the anti-graft agency as a fine for allegedly arresting and […]