Subsidy removal: Uzodinma approves minimunm wage increment to N40,000
Hope Uzodinma, governor of Imo, has approved the increase of minimun wage of workers in the state to N40,000 to cushion effects of the removal of fuel subsidy. Uzodinma, while addressing members of the state executive council on Saturday, said the current economic situation caused by the removal of fuel subsidy is biting […]
‘GTBank locked me out for 24 hours’ — netizens react to app login issues
Guaranty Trust Bank (GTBank) has left its customers frustrated and helpless as a result of an inability to access the mobile app ‘GTWorld’. The development comes against the background of an update which was expected to improve the app’s features but instead led to login issues for customers. The bank had, on […]
Tinubu to African leaders: Coups threatening stability of our continent… we must stop them
President Bola Tinubu says the recent coups in Africa are threatening the peace and stability of the continent. Speaking on Saturday in Kenya at a high-level event organised by the United Nations Development Programme (UNDP), on the margins of the fifth mid-year African Union (AU) coordination meeting, Tinubu described the coups as ugly […]
Peter Obi: I didn’t grant media interview saying I’ll run for office in 2027
Peter Obi, presidential candidate of the Labour Party (LP) in the 2023 elections, has lamented over some “manipulated” reports attributed to him. In a post on Saturday on his official Twitter handle, Obi said he came across reports of interviews he never granted to any platform, one of which suggested that he was […]
Tony Elumelu to feature at Clinton Global Initiative meeting in New York
Former US president Bill Clinton, and Hillary Clinton, former US secretary of state, have announced the 2023 edition of the Clinton Global Initiative (CGI) meeting. The meeting will be held from September 18 to September 19 in New York City. Launched by the former president in 2005, CGI consists of a community […]
CBN fixes 12 years as maximum tenure for bank MDs
The Central Bank of Nigeria (CBN) has approved a new code of corporate governance which specified that the tenure of a bank’s managing director or chief executive officer (CEO) can only last for a maximum of 12 years. The CBN made the disclosure in a circular dated July 13, 2023, and signed by […]
Apongbon end of Eko bridge to be closed tomorrow for palliative works — days after reopening
The Lagos state government has announced plans to shut Eko bridge inwards Apongbon bridge on Sunday to allow for “immediate remedial palliative works”. Abdulhafiz Toriola, permanent secretary of the ministry of transportation, disclosed in a statement on Saturday that the closure will last for 24 hours. The development comes a week after […]
Tinubu departs Nigeria for AU mid-year meeting in Kenya
President Bola Tinubu has departed Nigeria for Nairobi, Kenya, to participate in the fifth mid-year coordination meeting (5thMYCM) of the African Union (AU), the regional economic communities (RECs), the regional mechanisms (RMs), and the AU member states. The president left Abuja through the presidential wing of Nnamdi Azikiwe International Airport, accompanied by Femi […]
Data shows south-east lost N4trn in 2 years due to sit-at-home order, says Ben Kalu
Benjamin Kalu, deputy speaker of the house of representatives, says “statistical data” indicates that the south-east geopolitical zone lost N4 trillion in two years due to the sit-at-home order. However, the lawmaker did not mention the body that released the data, nor the methodology used in arriving at such a figure. The […]
We’ll support Nigeria to deliver 2m digital jobs, says ILO
The International Labour Organisation (ILO) says it is committed to supporting the Tinubu-led administration to create over two million digital jobs to reduce unemployment. Vanessa Phala, ILO’s country director for Nigeria, Ghana, Liberia, and Sierra Leone, spoke during the commemoration of this year’s World Youth Skill Day in Abuja, themed: ‘Empowering Youth for […]