According to the News Agency of Nigeria, the National Publicity Secretary of the Labour Party, Obiora Ifoh, made the call in an interview on Monday in reaction to the ongoing nationwide strike. The Labour Party has called on the workers’ unions to return to the negotiating table with the government …
Read More »Strike: Passengers Stranded As Labour Officials Ground Flight Operations At Lagos Airport
Strike: Passengers Stranded As Labour Officials Ground Flight Operations At Lagos Airport Flight operations have been grounded at the local terminal of the Murtala Mohammed International Airport, Lagos, due to the commencement of industrial action by organised labour. All access to the airport terminal has been barricaded by labour officials, …
Read More »Nigeria’s Central Bank Revokes Banking Licence Of Heritage Bank
The apex said the action was an exercise of its powers under Section 12 of the Banks and Other Financial Act (BOFIA) 2020 and was to promote a sound financial system in the country. The Central Bank of Nigeria has revoked the banking licence of Heritage Bank Plc with immediate …
Read More »Labour Drives Kaduna Polytechnic Students Out Of Campus, Locks School Gate Over Nationwide Strike
The students were driven out of the Unguwan Rimi Campus of the polytechnic on Monday morning by union officials who stormed the school. Kaduna State Polytechnic has been shut down by labour officials over the indefinite nationwide strike declared by the Nigeria Labour Congress (NLC) and the Trade Union Congress …
Read More »AIICO Insurance loses appeal against policy holder as court awards N500,000 cost
A Court of Appeal sitting in Abuja has dismissed AIICO Insurance Plc’s appeal against a policy holder, Mr. Gboyega Bello, and awarded N500,000 in his favour as a cost of legal process. The court upheld the judgment of the High Court of the Federal Capital Territory, given by Justice M.E. Anenih in …
Read More »Stanbic IBTC Bank Nigeria PMI®: Softest rise in selling prices for a year
May data pointed to a pick-up in growth in the Nigerian private sector, with both output and new orders increasing at sharper rates than in April. Rates of expansion remained slower than the respective series averages, however, as high prices continued to limit demand. That said, there were further signs …
Read More »ZENITH BANK RECOGNISED AS THE MOST SUSTAINABLE BANK IN NIGERIA FOR THE SECOND TIME IN THE INTERNATIONAL BANKER AWARDS 2024
Zenith Bank Plc has been named the “Most Sustainable Bank, Nigeria” in the International Banker 2024 Banking Awards, retaining the title for the second consecutive year. Commenting on the award, the Group Managing Director/Chief Executive Officer of Zenith Bank, Dame (Dr.) Adaora Umeoji, OON, said: “We are deeply honoured to …
Read More »Prophetic Invasion: Genesis Storms UK
All is now set for Prophet Ogundipe Oladele Israel’s ministerial visit to the city of London. The compassionate clergy, who is the Presiding Shepherd of Celestial Church Of Christ: Genesis Global, and Founder of the Israel Oladele Foundation, has been scheduled to take the gospel of Christ to the city, …
Read More »Fidelity Bank outperforms banks, stock market with 507% gain in 5 years
Investors in Fidelity Bank Plc have earned more than 507 per cent in capital gains over the past five years, ranking above all other major return benchmarks at the Nigerian stock market and the entire banking sector. Trading reports at the Nigerian stock market for the five-year period between May …
Read More »UBA Celebrates Africa Day in Style, Commits to Empowering Youths for Leadership Roles
Africa’s Global bank, United Bank for Africa (UBA) Plc, joined the rest of the world on Friday, May 24, 2024, to mark this year’s edition of the Africa Day. The celebration which went on concurrently across all of its subsidiaries in Africa …
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