The federal government is currently panicking because the Contributory Pension Scheme (CPS), currently put at over N5.9 trillion is be threatened as sacked workers are demanding the 25 per cent of their total contributions to it. Global News has learnt that the Nigerian Pension Act which allows a contributor to apply for a maximum of…
Ibrahim Magu, Acting Chairman of the Economic and Financial Crimes Commission, EFCC has been widely condemned for the recent controversial recruitment exercise he conducted for the anti-graft agency, and he is likely to be quizzed by the National Assembly. Magu came under intense public scrutiny after his recruitment result accommodated over 75 percent of northerners,…
President Muhammad Buhari has received concrete evidence that his Chief of Staff (CoS), Abba Kyari, took N500m from operators of MTN to help the telecommunications giant mitigate the fine imposed on it by the federal government, SaharaReporters has learned. Sources say the evidence was presented to President Buhari several times including during the Sallah holiday….
Tony O. Elumelu, Chairman of Heirs Holdings and UBA Plc. has advocated entrepreneurship as a veritable solution to achieving poverty reduction in the country. Elumelu who is also the Founder of The Tony Elumelu Foundation delivered a paper themed: “Entrepreneurship, Corporate Social Responsibility and Africapitalism: The Role of The Private Sector In Fighting Poverty in…
Nigerians, across the country, are no doubt facing difficult times owing to the current economic recession. Although the President Muhammadu Burari’s -led administration has been applauded for its fight against corruption, following several arrests of the acclaimed high and mighty, and subsequent refund of stolen funds, the management of the economy has not brought similar…
Leading African businessman and philanthropist, Tony O. Elumelu CON joined the First Lady of Nigeria, Mrs. Aisha Buhari and wife of the Vice President of Nigeria, Mrs. Dolapo Osinbajo at a forum and exhibition on Nigerian Women in Export which was held in Abuja. Themed ‘Achieving Zero Oil Growth Through Women Inclusiveness in Global Export…
Heavyweight boxing legend Muhammad Ali, an icon of the 20th Century whose fame transcended the sport during a remarkable career that spanned three decades, died Friday, his family said. The beloved 74-year-old sports hero, who had been battling Parkinson’s disease for decades, passed away in a hospital in Phoenix, Arizona, where he had been admitted…
Pan Africa financial services group, United Bank for Africa Plc has announced its unaudited results for the first quarter of 2016 showing gross earnings of N74 billion and profit before tax of N18 billion for the three months ended March 2016. The Group sustained its strong profitability, recording an annualized 20% return on average equity…
PDP wins eight state constituencies, one House seat, APC victorious in one constituency • Wike, Peterside’s security aides in shootout, one killed • Amaechi, governor clash over ‘abducted’ collation officer • Army explains arrest of SSG, police say four dead, 24 apprehended The Independent National Electoral Commission (INEC) has released the results of nine state…
Pan African financial services group, United Bank for Africa (UBA) Plc has earned the prestigious ISO/IEC 20000-1: 2011certification from the British Standards Institution (BSI). The certification which was awarded to UBA after a process and systems audit, recognizes businesses that are able to link and execute business and IT objectives effectively through the implementation and…
