Ahead of the forthcoming judgment of the Kogi State Election Petition Tribunal, a civil rights movement under the aegis of Kogi Patriotic Front (KPF) has alleged that Governor Yahaya Bello, has given out N1.5 billion to the three justices to influence verdict to his favour. The group said, the deal was brokered by First Lady, […]
Month: June 2016
Why NASS members insist on constituency projects in the budget —Dogara
By Mayowa Okekale, Abuja Members of the National Assembly insist on zonal intervention or constituency projects because it is the only way to attract federal presence to their people, Speaker of the House of Representatives, Hon. Yakubu Dogara has said. The speaker maintained that if not for constituency projects, majority of federal constituencies would not […]
NECA to banks, ignore FG directive on suspension of retrenchment
By Amechi Obiakpu The Nigeria Employers’ Consultative Association (NECA), has said that it has written its members to ignore the ‘illegal’ directive by the Minister of Labour and Employment, Dr. Chris Ngige, to banks and financial institutions to suspend the retrenchment of staff in their employment. NECA said the labour law of the land does […]
Fraud: Judge orders property of ex-governor seized
The properties of a former state governor in the ruling party has been ordered seized. The order was given by a Mexican judge as part of an investigation into fraud and other crimes, says Reuters. Ernesto Canales, the anti-corruption czar in the opposition-controlled region of Nuevo Leon, said Friday that the order was against several […]
Contravention: Union Bank pays N46.28m fines in 2015
The shareholders’ funds of Union Bank of Nigeria (UBN) dipped by over N46 million following fines paid by the bank in 2015 for contravening CBN rules, its annual report showed. The figure contained in the bank’s annual reports and obtained by the News Agency of Nigeria (NAN) in Lagos on Friday showed that the bank […]
Reps de-list petroleum products from price control
The House of Representatives on Thursday de-listed petroleum products from list of commodities being regulated by Federal Government as enshrined in the Price Control Act. The House took the decision after considering the recommendations of its committee, which studied the bill to amend the Price Control Act, to provide for concessions and waivers, stiffer penalties […]
Nigeria ranks 16th in global cybercrimes
Nigeria has been ranked 16th in global cybercrimes. Check Point Software Technologies Ltd, a software monitoring group, made the announcement in its latest quarterly ranking. Mr Rick Rogers, the Area Manager of the group for East and West Africa, stated this in the 2016 first quarterly analysis of the global threat index released on Friday. He […]
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. […]