Business

Uber fires 20 employees after harassment probe

Uber Technologies Inc said on Tuesday it fired 20 employees and was improving management training following an investigation by a law firm into sexual harassment allegations and other claims at the ride-hailing company. Uber fired the staff following a report by law firm Perkins Coie, which Uber hired to look into claims of harassment, discrimination, […]

Business

Mark Zuckerberg, Facebook founder meets Lola

Facebook founder Mark Zuckerberg, on Tuesday received Nigeria’s Lola Omolola, founder of a secret Facebook group called Female in Nigeria (FIN). The News Agency of Nigeria (NAN) reports that FIN was founded in 2015 by Omolola, a movement of women focused on building compassion and providing support for one another, with the goal of having […]

Business

Court insists EFCC must pay Nyako N12.5m

A Federal High Court in Abuja has ordered the Economic and Financial Crimes Commission (EFCC) to deposit a fine of N12.5m imposed on it for infringing the fundamental rights of Senator Abdulaziz Nyako with the Chief Registrar of the court. The money was imposed on the anti-graft agency as a fine for allegedly arresting and […]

Business

FG targets N73bn from fuel tax

If the National Roads Fund Establishment Bill 2017, proposed by the Senate gets presidential accent, the Federal Government would be generating about N73 billion yearly, Daily Sun analysis has shown. Under the bill, the Senate is proposing a levy of N5 on every litre of petrol and diesel imported or refined in the country for […]

Business

Osinbajo wants banks punished for illicit funds

Acting President Yemi Osinbajo addresses the conference: Photo Sunday Aghaeze The Acting President, Prof.  Yemi Osinbajo, and an anti-corruption Chief, Mr Akere Muna, on Monday said banks and other financial institutions warehousing illicit funds should be made to face the consequences of the criminal conduct. Both said this in separate addresses at the “Conference on […]

Business

FCMB restates commitment to customer satisfaction

First City Monument Bank (FCMB) Limited has restated its commitment to ensure that it satisfies its numerous customers always. The bank’s Executive Director, Retail Banking, Mr. Olu Akanmu said this during a recent draw in the bank’s on-going reward scheme tagged: ‘FCMB Millionaire Promo Season 4.’ “Our customers are the reason why FCMB exists and […]

Business

Boeing conference to address infrastructure gaps

Hundreds of aviation stakeholders from within and outside the country will converge in Lagos today (Monday) for a conference being jointly put together by aircraft manufacturer, Boeing Company, Aviation and Aerospace Development Foundation (AADF) and Springfountain. The conference is aimed at harmonising thoughts towards addressing the gaps in aviation, aerospace education and infrastructure in Nigeria. […]