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 …
Read More »NUBIFIE shuts down Heritage Bank head office over sack of 1000 workers
NUBIFIE shuts down Heritage Bank head office over sack of 1000 workers The National Union of Banks, Insurance and Financial Institutions Employees (NUBIFIE), has shut down Heritage Bank’s head office in Lagos following the sack of over 1000 personnel by the management of lender led by Mr. Akinola George-Taylor without following due …
Read More »Reps Blame Constitution Review For Another Botched Plenary, Shift Resumption To April 30
Front view of the House of Representative The House of Representatives has for the second time postponed its resumption of plenary from Tuesday, April 23 to Tuesday April 30, this is to allow member time to secure inputs from constituents on the ongoing constitution review. In a statement signed by …
Read More »Days Of ‘The End Justifies The Means’ Is Over In Governance – Fashola
Babatunde Fashola A former Minister for Works and Housing, Mr. Babatunde Fashola, has said that the days of “the end justifies the means” is no longer a standard practice in governance in this era. He noted that a leader must do the right thing even if the consequences do not …
Read More »Players’ Inexperience Responsible For Arsenal’s Champions League Exit – Arteta
Arsenal Players Disappointed After Losing To Bayern Munich Mikel Arteta has revealed that inexperience was the major reason Arsenal failed to advance in the Champions League. The Gunners suffered a 1-0 loss to Bayern Munich in Germany thanks to Joshua Kimmich’s header in the 65th minute to end their European …
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