Posted in Naija News

Minimum Wage: Organised labour to take final decision Thursday

The Organised Labour says it will meet on Thursday to take final decision on the new National Minimum Wage for workers, following the delay by the Federal Government to announce its figure. Mr Ayuba Wabba, President, Nigeria Labour Congress (NLC), made this known in an interview with the News Agency of…

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Posted in Naija News

40 percent of my cabinet will be women if elected – Atiku

Former Nigeria’s Vice President and presidential candidate of the Peoples Democratic Party, PDP, Atiku Abubakar on Wednesday made an undertaking to give 40 percent slot in his cabinet to women and youth if elected president next year. Abubakar, on his twitter handle @atiku, lamented that Nigeria, under President Muhammadu Buhari…

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Posted in NAIJA BIZ

Inflation: Financial analysts blame flooding, herdsmen attacks

Financial analysts on Wednesday blamed flooding and persistent herdsmen attacks for the steady rise in Nigeria’s headline inflation for two consecutive months. The analysts spoke in separate interviews with the News Agency of Nigeria (NAN) Lagos. They were reacting to the inflation figure for last month and the remarkable rise in food…

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Posted in NAIJA BIZ

YouTube experiences outage barely two weeks after Instagram

Google’s video sharing platform, YouTube in the early hours of Wednesday, experienced a major outage across the globe. Users could not access the website since Tuesday evening and the website inaccessibility extended to Wednesday morning. This happened barely two weeks after Instagram experienced a brief outage. YouTube’s help desk tweeted at 6.41…

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Posted in NAIJA BIZ

How farmers can benefit from this $1.5 million agric grant

Stakeholders in the Agric sector now have till November 16th, 2018 to take advantage of grant money (to the tune of $1.5 million) which has been made available by the Agriculture Fast Track Fund, AFTF. Agric business owners are eligible to apply for the grant, provided their applications meet some specified criteria…

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Posted in NAIJA BIZ

Guaranty Trust Bank releases Q3 2018 results

Guaranty Trust Bank has released its results for the nine months ended September 30, 2018. Here are key highlights of the results. Interest Income Interest income fell from N248 billion in 2017 to N237 billion in 2018. This represents a 4.4% drop year on year. Profit Before Tax Profit Before…

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Posted in Naija News

2019: APGA will suffer for injustice against me

Bianca Ojukwu, the widow of late Biafran warlord, Odumegwu Ojukwu, has said that the All Progressives Grand Alliance, APGA, is facing a crisis that would leave grave repercussions on the party going into the 2019 general elections. Ojukwu said this yesterday in a statement she personally signed. She stated that APGA…

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Posted in Naija News

Oyo 2019: 3 lawmakers join Ex-governor, Alao-Akala in ADC

Three members of the Oyo State House of Assembly on Tuesday announced their defections from their various political parties to join a former governor of the state, Chief Adebayo Alao-Akala in the African Democratic Congress (ADC). This was disclosed through a letter read by the Deputy Clerk of the House,…

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Posted in Naija News

Osun election: Senator Adeleke accuses police, APC of conniving to frustrate his petition

The governorship candidate of the Peoples Democratic Party, PDP, in Osun State, Senator Ademola Adeleke, has stated that the police was conniving with the ruling All Progressives Congress, APC, to stop him from retrieving what he described as his stolen mandate. Barely a day to the September election, Adeleke was summoned…

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Posted in Naija News

Senate moves against illicit, excessive bank charges, summons CBN Governor, Emefiele

Senate Thursday resolved to probe the alleged illicit and excessive charges by the commercial banks imposed on their customers. The upper chamber also mandated committees on banking, Insurance and other Financial Institutions and Finance to summon the Governor of the Central Bank, Godwin Emefiele to appear before it for explanation. It…

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Posted in NAIJA BIZ

Ezekwesili finally speaks on economic plans as presidential bid intensifies

As Nigeria’s 2019 presidential election date continues to draw nearer, the flagbearer of the Allied Congress Party of Nigeria (ACPN) Dr Oby Ezekwesili, has tabled her plans for revamping the struggling economy. Speaking at a stakeholders meeting Monday, Ezekwesili said there is an urgent need to overhaul the expensive cost…

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Posted in Health

NAFDAC bans Malco vitamin B complex injection in Nigeria

The National Agency for Food and Drug Administration and Control, NAFDAC, has banned the importation, sale and distribution of Malco Vitamin B Complex injection in Nigeria due to contamination. The drug is produced by Shreechem Pharmaceuticals PVT Ltd, India. The Director-General of the agency, Prof. Mojisola Adeyeye, announced the ban in…

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Posted in Naija News

Saraki reveals how he introduced ATM in Nigerian bank, laments excessive charges

Nigeria’s Senate President, Dr Bukola Saraki said, has said he introduced the use of Automated Teller Machine, otherwise known as ATM in Nigeria. He stated this on Wednesday while giving his remark on a motion, “Illicit and excessive charges by Nigerian Banks on customers account with particular focus on Automated…

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Posted in Naija News

Senate in rowdy session as Akpabio confronts former godson, Akpan during plenary

Former Governor of Akwa Ibom State, Senator Godswill Akpabio and his former political godson, Senator Albert Akpan representing Akwa Ibom North East engaged each other in war of words over the alarm raised through a point of order by Senator Akpan. Senator Akpan had raised a point of order where…

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Posted in Naija News

Labour warns Buhari govt over power sector

Some leaders of organised labour, on Wednesday, called on the Federal Government to declare a national emergency in the power sector to enhance production of goods and services in the country. The labour leaders made the call at the 40th anniversary and the 30th Education Conference of the National Union…

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Posted in Naija News

Atiku/Obi: Take a chill pill, don’t weaken PDP’s chances – Ben Bruce tells Gov. Umahi

The Senator representing Bayelsa East at the National Assembly, Ben Murray Bruce, has cautioned the Governor of Ebonyi State, David Umahi against creating tension in the Peoples Democratic Party, PDP. Ben Bruce said the party does not need anyone to jinx the effort of the presidential candidate of the party,…

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Posted in Naija News

Timi Frank talks tough over Fayose, warns ex-governor mustn’t die in EFCC custody

A former Deputy National Publicity Secretary of All Progressives Congress (APC), Comrade Timi Frank, has warned that no harm must befall the immediate past governor of Ekiti State, Ayodele Fayose, while being detained by the Economic and Financial Crimes Commission, EFCC. This was as Frank alleged that information available to…

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Posted in Naija News

Alleged forgery: Wike risks disqualification from 2019 guber as lawyer heads to court

The Rivers state Governor, Nyesom Wike risks disqualification from the 2019 governorship election in the state as an Abuja-based lawyer, Achi Wobodo, has charged the Governor to court over an alleged forgery. Wobodo, in suit no. FHC/ABJ/CS/1020/201, said the case was instituted pursuant to Section 182(1)(j) of the Constitution of…

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Posted in Naija News

Senate in rowdy session over alleged plot by APC to cause mayhem in Akwa Ibom

There was a rowdy session at the Senate on Wednesday as Senator Godswill Akpabio representing Akwa Ibom north west senatorial district rose to respond to the allegation that the All Progressives Congress, APC, was plotting to cause mayhem in the state during the 2019 general polls. Senator Bassey Akpan representing…

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Posted in Health

Is sleeping too much bad for your brain?

The largest sleep study ever concludes that sleeping too little or too much has a negative impact on our cognitive ability, but not on our short-term memory. As years of research mount up, we are steadily improving our understanding of sleep. However, despite making up around one third of our entire…

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