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Fidelis Soriwei, Friday Olokor and Ifeoluwa Ogunfuwa The Nigeria Labour Congress, the President, Institute of Productivity and Business Innovation Management, Mr. Remi Dairo; and the President, Committee for the Defence of Human Rights, Malachy Ugwummadu, have kicked against the plan of the Federal Government to borrow from the N5.8tn pension ...

The naira is expected to make a surprise recovery from today as Travelex, a global foreign exchange (forex) dealer, begins the sale of $15,000 weekly to each of the 3,000 Bureaux De Change (BDC) operators. Association of Bureau De Change Operators of Nigeria (ABCON) President Aminu Gwadabe, who broke the ...

The Economic and Financial Crimes Commission (EFCC) has interrogated directors of finance and account of 16 federal ministries. The anti-graft agency has also retrieved the ministries’ original copies of their budget proposals from 2012 to 2016 and as well as the versions approved by the National Assembly. The EFCC has ...

Sportinglife can report authoritatively that Kano Pillars coach Babaganaru Mohammed was forced to tender his resignation letter for failing to pick a continental ticket for the club, as agreed in the contract. According to the Chairman of the club Alhaji Kabiru Baita who spoke to SportingLife on telephone, he said the ...

Onyebuchi Ememanka, Aguda, Surulere, Lagos State: The story in a national newspaper that importation by the military authorities of military gear, including footwear, berets, cardigans, belts, head warmers, and branded stockings from foreign markets amounted to N4.9bn or $14.1m (at the exchange rate of N305 per dollar) is as disturbing ...

Chux Ohai Barrister Yusuf Ali, a Senior Advocate of Nigeria, is a man of many parts. Apart from immersing himself in his law practice, which is his first love, the man is passionate about reading and writing. He is also one of Nigeria’s newest authors and his book, titled Anatomy ...

Fourteen senators are calling on the Justice Department to open a criminal investigation of Wells Fargo executives after revelations that bank employees opened millions of fake bank and credit card accounts. A bank teller who steals bills from a cash drawer is likely to face charges, the senators said in ...

An industry group has estimated costs for decontamination work at the disaster-struck Fukushima nuclear plant and compensation for nuclear damage to be around ¥8 trillion ($77.10 billion) more than the current official projection, a source said Thursday. The Federation of Electric Power Companies of Japan, which consists of the country’s ...

The airline industry agreed Thursday on a framework for reducing its carbon footprint at a U.N. meeting in Montreal, the first time a commercial sector has voluntarily tackled climate change. Six years of negotiations culminated in the agreement at the International Civil Aviation Organization’s plenary session. Malaysia’s aviation chief, Azharuddin ...

An interactive toy that promoters hope will take the world by storm revealed its secret on Thursday after months of speculation. The egg-shaped product, named Umarete Woomo in Japan and Hatchimals in English, is developed by Canada-based Spin Master and hits the market Friday. It made its public appearance earlier ...