The Naira on Monday depreciated against the dollar at the Investors and Exporters window, exchanging at N436.50. The figure represents a depreciation of 0.06 per cent compared with N436.25 to the dollar at the close of business on Sept. 16. The open indicative rate closed at N434.38 to the dollar on Monday. An exchange rate […]
The Federal Government says it will adjust workers salaries to meet the current realities in the economy of the country. Sen. Chris Ngige, the Minister of Labour and Employment said this at the public presentation of the NLC of 40 publication titled, “Contemporary History of Working Class Struggles’’ on Monday in Abuja. Ngige said that […]
Almost five years after she took her own life, the inquest into the death of teenager Molly Russell is due to begin. Molly, 14, killed herself in 2017 after viewing material about self-harm, suicide and depression, on social media sites such as Instagram and Pinterest. Her father Ian, a campaigner for online safety, hopes it […]
Amid harsh operating environment, Prudential Zenith Life Insurance Limited (PZL) has recorded a Profit After Tax (PAT) of ₦1.13 billion against ₦646 million achieved in the corresponding period in 2020. Specifically, the firm’s audited financial results for the year ended 31st December 2021 showed 75 per cent rise in PAT to ₦1.13 billion compared to […]
The National Industrial Court has fixed Wednesday, September 21 to rule on the application for an interlocutory injunction filed by the Federal Government against the Academic Staff Union of Universities (ASUU). Justice Peter Hamman fixed the date on Monday after the lead counsel to the Federal Government, Mr James Igwe, argued his application seeking an […]
Kings and queens, presidents, prime ministers, celebrities and friends from across the globe were among the 2,000 guests at the Queen’s funeral service at Westminster Abbey. Here’s who was in the abbey, and where they were seated. Closest to the Queen’s coffin were her four children and their spouses. King Charles III and his wife […]
Dearth of last mile infrastructure in Nigeria appears to be stalling full utilisation of the various submarine cable systems, which have berthed at the nation’s shores. Last-mile infrastructure means broadband facilities that serve as the final leg connecting the service provider’s network to end-user’s on-premises telecommunications equipment. This challenge remains a source of worry to […]
German car making giant Volkswagen (VW) has said it is aiming for a valuation of up to €75bn ($75bn; £65.8bn) for Porsche when the luxury brand is floated on the stock market. Trading in the shares is due to start in Frankfurt on 29 September. A prospectus will be published on Monday, after which investors […]
An Ikeja Special Offences Court on Monday sentenced kidnap kingpin, Chukwudimeme Onwuamadike, alias Evans to 21 years imprisonment for kidnapping a businessman Slyvanus Ahamonou and collecting 420,000 dollars as ransom from his family. The News Agency of Nigeria (NAN) reports that Evans accomplice, Victor Aduba, an ex-soldier was also sentenced to 21 years imprisonment on […]
At a community radio station in the heart of Johannesburg’s bustling Hillbrow neighbourhood, MJ Mojalefa is hosting a phone-in following the death of Queen Elizabeth II. The 22-year-old DJ wants his large youth audience to share their thoughts on the legacy of the British empire, which once included South Africa. “We were colonised by the […]