UBA America, the United States subsidiary of United Bank for Africa (UBA) Plc hosted diplomats, government officials and business leaders to a networking reception in partnership with the esteemed Business Council for International Understanding (BCIU) and the U.S. Department of States in Washington DC on Monday . The event which was held on …
Read More »INTERVIEW: My goal is to rekindle the culture and passion for grassroot sports development in Surulere LGA- Segun David
In this interview, Segun David, the Senior Special Assistant on Sport to the Executive Chairman, Surulere Local Government spoke about various issues concerning sports development in Surulere Local Government Area and the untapped sports industry. He also shared plans to help unearth talents in the Surelere Local Government Area. Excerpts… What is …
Read More »Workers Union Shutdown Headquarters In Lagos As Heritage Bank Crisis Deepens
The National Union of Banks, Insurance and Financial Institutions Employees (NUBIFIE) has taken decisive action against Heritage Bank by shutting down its head office in Lagos. This move comes in response to the bank’s management’s recent mass sacking of over 1000 personnel without following due process. NUBIFIE vowed to …
Read More »JUST IN: EFCC declares Yahaya Bello wanted over alleged N80.2b fraud
The Economic and Financial Crimes Commission, EFCC, has declared a former governor of Kogi State, Yahaya Bello, wanted for offences relating to economic and financial crimes. THE WITNESS reports that this was contained in a notice posted on the commission’s official Facebook page on Thursday. “Former Kogi State Governor, Yahaya Bello, …
Read More »N106billion Net Lost: Nigerian Breweries Announces Downsize Workforce Over Cost Savings
Nigerian Breweries says some employees will be affected by the company’s cost savings measures adopted to improve its finances. Cost savings measures were adopted by Nigerian Breweries following the N106 billion net loss reported in 2023. During a media briefing in Lagos on April 17, the company said the workforce …
Read More »NOUN graduates to participate in NYSC scheme, law school – Tinubu
Tinubu President Bola Tinubu has directed the Ministry of Education to include graduates of the National Open University, NOUN, in the National Youth Service Corps scheme. Tinubu also resolved the longstanding admittance of NOUN Law graduates to participate in Law School in the country for equal opportunities. He made the disclosure during …
Read More »Atiku’s Loss, Wike’s Gain As PDP Caucus Tells Damagum To Continue As Chairman
Atiku Abubakar, PDP presidential candidate Intense efforts by Atiku Abubakar, the 2023 presidential candidate of the Peoples Democratic Party (PDP) and his associates including Senator Dino Melaye and the G60 Reps caucus of the party to cause removal of the party’s acting National Chairman, Illya Umar Damagum, have failed. Rather, …
Read More »U.S. Bars Four Ex-Malawi Officials From Entry Over Corruption, To Also Disallow Their Spouses
It said the decision was based on their involvement in significant corruption. The United States has barred four former officials of the Malawi government from entry, the State Department said on Wednesday. It said the decision was based on their involvement in significant corruption. The Department of State announced on …
Read More »Depleting External Reserve Not Due To Defending Naira But For Debt Repayment, Says Nigeria’s Central Bank
A Bloomberg report this week said Nigeria was burning through its foreign exchange reserves at a rate not seen in four years, raising concerns that the central bank was depleting its dollar holdings to support the naira after pledging it would allow the currency to float more freely. The Governor …
Read More »Ebonyi denies borrowing from World Bank, IMF
Ebonyi State governor, Francis Nwifuru The Ebonyi State Government has denied that it borrowed from the World Bank and the International Monetary Fund contrary to a report by the Debt Management Office. The DMO had reported that the Ebonyi State under the current administration led by Governor Francis Nwifuru, was …
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