The Naira on Friday remained stable at the parallel market, exchanging at N350 to the Dollar. The Nigerian currency maintained same value since Wednesday. However, the Naira weakened further against the Pound Sterling as it traded at N500 to the Pound, from N390 since Wednesday, while the Euro remained stable at N385. Meanwhile, the Central […]
Chris Giwa and four others have been handed a five-year ban from all football activities by the Confederation of African Football, CAF. The ban confirms the same five-year ban placed on them by the Amaju Pinnick- led Nigeria Football Federation. The four others affected by the continental ban are Muazu Suleyman, Yahaya Adama, Sani Fema […]
Dana Air pilots yesterday embarked on strike, leaving the airline’s passengers across the country stranded for several hours. The strike was for reasons not unconnected with the allegedly unpaid salaries and welfare issues. The protest brought normal Dana Air scheduled flight operations to a halt nationwide. Alleged failure of the operator to properly inform the […]
Ugandan High Court convicted seven people on terrorism and murder charges for their role in the July 2010 bombings in the capital Kampala that left 76 people dead and scores of others injured. The court found Isa Luyima, Hussein Hassan Agad alias Hussein Agade, Idris Magondu, Suleiman Njoroge, Hassan Haruna Luyima, Muhammed Ali Muhammed, and […]
The Bayelsa State government has uncovered payroll fraud in the State Universal Basic Education Board (SUBEB), with the discovery of over 765 illegally employed teachers in the eight LGAs, including 50 dead persons in Ogbia Local Government Education Authority (LGEA). The discovery cuts across the eight local government areas with Ogbia Local Government Education Authority, […]
The Economic and Financial Crimes Commission (EFCC) on Thursday re arraigned an alleged fraudster, Fred Ajudua, before Justice K.A Jose of the Lagos State High Court sitting in Ikeja on a 28-count charge of offences bordering on conspiracy and obtaining by false pretence. The offense is contrary to Section 1 (3) of the Advance Fee […]
Software giant, Microsoft announced Wednesday it would lay off 1,850 people from its smartphone business. This, according to the Redmond-based company is to enable it streamline its IT. Microsoft said it would write down $950 million, of which $200 million would go to severance payments, in the fourth quarter this fiscal. The job cut, according […]
After a successful first season, popular children series, ‘Kids Say the Darndest Things’, is back for a second season. Powered by Cliqlite from Etisalat Nigeria, Kids say the Darndest Things is a platform dedicated to test the intelligence of children. Head, Events & Sponsorships, Etisalat Nigeria, Modupe Thani, said in a statement that the company’s […]
Fidelity Bank Plc, one of Nigeria’s top banks in terms of capital adequacy ratio (CAR) has handed over the keys and title deeds of a gorgeous 4-bedroom duplex to Mrs. Clara Ego Ibedu, who emerged star prize winner in the sixth draw of the Save 4 Shelter Savings promo. Built with a stylish and tranquil […]
Nigeria’s gross revenue crashed to N213.817 billion in the month of April 2016, a communique released by the Federation Accounts Allocation Committee (FAAC) and signed by the Accountant-General of the Federation, Alhaji Ahmed Idris, disclosed. The communique released Wednesday in Abuja indicated that the revenue for the month was lower than the N232.619 billion received […]