The depositors of Heritage Bank have been assured by the Nigerian Deposit Insurance Corporation (NDIC) that it was already in the process of repaying their monies. Nation reported that the Central Bank of Nigeria (CBN) on Monday, June 4, revoked the banking licence of Heritage Bank. According to the CBN, the decision was due to…

Nollywood actress Toyin Abraham says she has decided to keep her political affiliations private in the future, adding that she has learnt her lesson following a social media exchange that occurred online on Tuesday. Abraham in a series of replies shed light on the promises made to her by President Bola Tinubu during the 2023…

President Bola Tinubu has approved the naming of the full-scope Arterial road N20 from Northern Parkway to the Outer Northern Expressway (otherwise called the Murtala Mohammed Expressway), as the Wole Soyinka Way. The president stated this during his address at the inauguration of the road in Abuja on Tuesday, June 4, where he described the…

The Police Service Commission has released the list of 10,000 successful applicants for recruitment into the Constable cadre of the Nigeria Police Force According to the spokesman of the PSC, The Commission on Tuesday received the report of the Police Recruitment Board, which showed that 9,000 applicants were approved for recruitment for General Duty while…

The Chairman of the Presidential Tax and Fiscal Policy Reforms Committee, Taiwo Oyedele, has announced that the proposed increase in Value Added Tax (VAT) from 7.5% to 10% will be implemented in phases. This decision aims to avoid a significant decline in government revenue and mitigate the sudden surge in prices of goods and services….

A landlord in Ogun State, Benjamin Apeh, has reportedly died following an argument with his tenant over unpaid house rent at Arigbagbu village, Sotubo in the Sagamu local government area of the state. This was contained in a statement issued by the Police Public Relations Officer, SP Omolola Odutola, on Tuesday. The matter was said…

The ongoing West African Senior Secondary Certificate Examination (WASSCE) went on smoothly on Monday despite the nationwide strike called by the Organised Labour. Candidates sat for French Language examination without disruption by the labour unions even with the participation of the members of the Nigeria Union of Teachers (NUT) in the industrial action. Earlier, the…

The population of Nigerian civil servants stands at 1.2million, according to the Honourable Minister of Information; that’s paltry out of our over 200m population. Hence the need for them to disrupt menacingly in their agitation for better pay? They keep asking for increased salaries to cushion the effects of the present economic hardship, accusing the…

This was one of the resolutions reached at the meeting between the federal government and organised labour, which included the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) The labour leader and government representatives met in Abuja on Monday, June 3, to address the rising issue of the national minimum wage following a…

The Minister of Labour and Employment, Nkeiruka Onyejeocha, has appealed to the Organised Labour to shelve its ongoing industrial action which has crippled economic activities in the country. Onyejeocha said the Federal Government is not the sole decider of a new minimum wage as it must be determined by state governments and the Organised Private…