Financial institutions in Nigeria have been ordered to put a halt to the mass retrenchment exercise embarked upon by some of them lately. A statement issued on Friday by Minister of Labour and Employment, Chris Ngige, disclosed that this decision is coming due to issues in the industry. “Following spate of petitions and complaints from…
Embattled Senate President, Bukola Saraki, has withdrawn his application filed before an Appeal Court seeking to halt his trial at the Code of Conduct Tribunal, CCT, for alleged false declaration of assets. Saraki’s lead counsel, Kanu Agabi, disclosed on Monday that his client now wants an accelerated hearing on the ongoing trial. He said, “When…
With the current state of currency fluctuations and a Nigerian sugar industry that is still largely dependent on imported raw sugar, indications are that sugar refiners within Nigeria are set to discontinue credit facilities to their customers. This is expected to guard against any currency and transaction risks as well as prevent hedging. In the…
The campaign organisation of the governorship candidate of the Peoples Democratic Party, PDP, in Ogun State, Prince Gboyega Nasir Isiaka, has decried the removal of campaign posters of Isiaka on major streets of the state capaital, Abeokuta, allegedly by supporters of the state governor, Ibikunle Amosun. This call was contained in a press statement issued…