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Buhari appoints Banire as AMCON Chairman

President Muhammadu Buhari has appointed Muiz Banire, a senior advocate of Nigeria (SAN), as chairman of the governing board of the Assets Management Corporation of Nigeria (AMCON). Banire is the former legal adviser of the ruling All Progressives Congress (APC). His appointment is subject to the confirmation by the senate. …

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Protesting workers shut ExxonMobil headquarters

The Lagos headquarters of ExxonMobil has been shut down by the company’s workers over the sacking of 860 spy police without entitlement. NAN reports that the workers alleged that the workers were sacked after being with the company for 22 years without regard for the rule of law. Rasak Obe, …

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Afreximbank director: Why Nigeria should participate in intra-Africa trade fair

Kanayo Awani, managing director of Intra-African Trade Initiative at the African Export-Import Bank (Afreximbank), says Nigeria stands a lot to gain by participating at a trade fair scheduled to take place in Egypt in December. Speaking with journalists in Abuja on Monday, Awani said the trade fair would be an avenue …

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‘Spray naira notes and go to jail’ — CBN warns Nigerians

The Central Bank of Nigeria says it is a crime to spray, sell or mutilate naira notes. Speaking in Ibadan on Saturday, Priscilla Eleje, acting director, currency operations department at the apex bank, said the offence is punishable by six months imprisonment or N50,000 fine. Eleje was represented at the public …

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Workers To Know New Minimum Wage In August, Says TUC

The President of the Trade Union Congress of Nigeria, Mr. Bobboi Kaigama, announced on Wednesday that a new amount agreed on by the Federal Government and labour to serve as Nigeria’s new minimum wage would be announced next month. Bobboi, who made the disclosure in an interview with the labour …

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Avoid Ponzi Schemes! SEC Warns Nigerians Again

NIGERIANS have again been advised to desist from investing their money in investments that offer unreasonable levels of returns at little risk to investors. This was stated by Ag. Director General of the Securities and Exchange Commission (SEC) Ms Mary Uduk during a Town Hall meeting on Current Initiatives by …

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Amasa Firdaus: God used me to break hijab barrier among lawyers

Amasa Firdaus, the law graduate at the centre of the hijab controversy, says she was used an an instrument by God. The University of Ilorin graduate was in December denied access to the call to bar ceremony which took place at the International Conference Centre, Abuja, for refusing to remove …

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Africa’s richest man, Aliko Dangote says he is ready to take a wife now

Africa’s richest man, Aliko Dangote, has revealed that he is ready to take a wife now. The 61 year old billionaire business mogul, made the revelation in a recent interview with Financial times.   According to the businessman who has been divorced twice, says his busy schedule has prevented him from …

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“No Tithes, No First Fruits” — Daddy Freeze Reacts To Mark Zuckerberg Being 3rd Richest Man in The World

Controversial OAP, Daddy Freeze has reacted to Mark Zuckerberg climbing the third position on the Richest Men in the World. According to Daddy Freeze, Mark paid no tithes or first fruit to achieve that. He wrote; “Third richest man in the world, no tithes, no first fruit, no seeds to Pentecostal principalities, no …

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Entrepreneur wins big, as foremost life insurance company, African Alliance Insurance, marks anniversary

Communications Executive, Ms. Victoria Ebije (representing the winner, Nnamani Emeka Henry), Mrs. Olabisi Adekola, Executive Director, Finance/HR/Admin & Mrs. Ayo Osisanya, Chief Risk/Compliance Officer. In celebration of the company’s 58th anniversary, African Alliance Insurance Plc, Nigeria’s foremost life insurance company, has rewarded Nnamani Emeka Henry, a poultry farmer, withN50, 000. Nnamani …

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