Barring last-minute changes, the Academic Staff Union of Universities (ASUU) may suspend its three-month-old strike on Thursday, February 7. Expectedly, the news will interest students who have spent the last three months at home due to the prolonged strike. Minister of Education, Mallam Adamu Adamu, confirmed to journalists last weekend, in Abuja, that the Federal […]
The cumulative transactions on the Investors and Exporters’ (I&E) foreign exchange window of the Central Bank of Nigeria’s (CBN) have risen to $48 billion since the apex bank created the market 21 months ago, investigation has revealed. The Director, Corporate Communications at the CBN, Mr. Isaac Okorafor, who confirmed this development in an interview with […]
Nigeria recorded its lowest economic confidence score in a year, after a fall in the final quarter of 2018, the latest edition of the Global Economic Conditions (GECS) from the Association of Chartered Certified Accountants (ACCA) and the Institute of Management Accountants (IMA) has revealed. According to the report, in the midst of a poor […]
The federal government has signed a memorandum of understanding (MoU) that will see that the Nigerian international passport will be produced locally. The agreement was signed between Iris Smart Technology Limited, an indigenous company, and Nigerian Security Printing and Minting Plc at the Ministry of Interior in Abuja. In his remarks at the ceremony, Abdulrahman […]
Crude oil prices pulled back from overnight highs and moved lower in midmorning US trading Tuesday as a multi-week rally began to show signs of fraying amid a lack of fresh drivers. ICE April Brent was down 50 cents at $62.01/b and NYMEX March WTI was 83 cents lower at $53.73/b. “The market tried to […]
Canada’s leading cryptocurrency exchange company has said it cannot repay $190m (£110m) to clients because its founder died with their passwords. Cryptocurrency bitcoin marks 10 years cryptocurrency Gerald Cotten, 30, founder of QuadrigaCX died “due to complications with Crohn’s disease” while travelling in India to open an orphanage in December, his wife Jennifer Robertson said. […]
By Foster Obi The Managing Director of the Nigerian Ports Authority (NPA) HadizaBala Usman was recently presented with an appreciation award by the Senior Staff Association of Statutory Corporations and Government Owned Companies (SSASCGOC), Maritime Branch for her support and exemplary contributions to human development in port services during their 40th Anniversary in Lagos. In […]
A Federal High Court sitting in Lagos, yesterday, convicted former Managing Director of the defunct Integrated Microfinance Bank Limited, Mr Simon Akinteye over $166.9 million fraud. Judicial symbol for justice Man to die for hacking neighbour to death over generator fumes The trial judge, Justice Cecilia Olatoregun, convicted the former bank’s boss after finding him […]
Audu Ogbeh, minister of agriculture and natural resources, says the federal government will place a final ban on the importation of tomato paste before the end of 2019. Speaking in Kano during a tour of the Dangote Tomato Processing Plant in Kadawa, Kano state, Ogbeh said the ban will encourage massive tomato production. According to […]