FG suspends retrenchment by banks

The Nigerian Government on Friday directed all banks operating in the country to suspend staff retrenchment. The directed was announced in a statement issued in Abuja by Minister of Labour and Employment, Sen. Dr. Chris Nwabueze Ngige (OON). The statement reads: “Following the high spate of petitions and complaints from stakeholders in the Banking, Insurance […]


Apple services resume after hours of outage

Some Apple services including App Store resumed services after more than two hours outage, Apple Inc said Thursday. According to a Reuters report, the company said some other services related to iCloud and the iPhone maker’s Photos application continued to remain unavailable for some users. The issues appear to have started just before 4 p.m. […]


Volkswagen announces a decline in US sales

German auto company,  Volkswagen has announced a decline in its vehicle sales in the U.S. market. The company said on Wednesday that the sales figure in the first five months of 2016 dropped by 13% compared with the figures of 2015 within the same period. In the first five months of 2016, Volkswagen sold 125,205 vehicles, down […]


Whitney Houston Items up for grab

More than 100 items belonging to the late American music star, Whitney Houston, are up for grab, more than four years after her death. Her estate, according to media report is putting the items of the late superstar on the auction block. The items includes Houston awards, international passport, script from waiting to exhale and […]