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Elon Musk is facing a lawsuit from Twitter's former top brass, who say he owes them more than $128m (£100m) in unpaid severance. The four executives, including former chief Parag Agrawal, said Mr Musk fired them as he took over Twitter, now X, "without reason, then made up fake cause" to avoid handing over the money. They said the move was part of a "larger pattern" of refusing to pay […]
In line with the Civil Service Commission Act, CSCA of 2018, the Federal Capital Territory Administration says all is set to appoint nine Permanent Secretaries for the nine Secretariats of FCTA. FCT Minister, Mr Nyesom Wike made this known while fielding questions from journalists, after inspecting some road projects in Abuja He noted that President Bola Tinubu had approved the implementation, towards the fulfillment of the renewed hope agenda. Wike […]
Deputy Speaker of the House of Representatives, Mr. Benjamin Okezie Kalu says the ongoing constitution review exercise by the 10th National Assembly will address the issue of gender imbalance. The Deputy Speaker who is also the Chairman, House Committee on Constitution Review stated this at the ongoing Roundtable on Women Inclusion in Politics, organized by the Policy and Legal Advocacy Center (PLAC), Yiaga Africa, Nigeria Women Trust Fund, ElectHer and […]
The FCT Administration is to establish police posts across all government warehouses in the territory. FCT Minister of State, Dr. Mariya Mahmoud who stated this during a visit to the scene of the Gwagwa-Tasha warehouse looting, described the act as a criminal act. Mahmoud called it an unfortunate incident, that should not be dismissed on the basis of hunger. She frowned at the manner the hoodlums carted away all the […]
In recent times, the West African sub-region has been struggling with significant economic and financial challenges, including high fiscal deficits, rising public debt levels, low growth rates, persistent external Imbalances and weak domestic resource mobilisation capacity. Against this Backdrop, the Director General, West African Institute for Financial and Economic Management, WAIFEM, Dr Baba Musa said improving debt management strategies and practices to ensure Debt sustainability and long-term economic growth has […]
The House of Representatives Committee on Financial Crimes has recommended the arrest of Binance executives, after they failed to attend an ongoing investigative hearing. The executives were expected to address concerns regarding allegations of financing terrorism, money laundering, tax evasion, and other financial crimes. Despite sending legal representation, the committee insisted that the executives themselves must appear. Binance's lawyer, Senator Ihenyen cited concerns due to recent arrests of company executives. […]
The Minister of State for Youth Development, Mr. Ayodele Olawande, has commended the Nigeria Deposit Insurance Corporation, NDIC, for its significant achievements in safeguarding depositors from the adverse impacts of bank failures. He praised NDIC for consistently supporting the Central Bank of Nigeria in overseeing the banking sector and contributing to the stability of the nation’s financial system. The Minister gave the commendation during a courtesy visit to the Management […]
The government of Haiti declared a 72-hour state of emergency on Sunday after armed gangs stormed a major Port-au-Prince prison, leading to the killing of at least 12 people and the escape of around 4,000 inmates. Gang leaders say they want to force the resignation of Prime Minister Ariel Henry, who is currently abroad. The groups aiming to oust him control around 80% of Port-au-Prince. Violent gang wars have killed […]
The Speaker of the House of Representatives, Dr. Abbas Tajudeen, has expressed sadness over the death of two comic actors, Tolani Quadri Oyebamiji, popularly known as Sisi Quadri, and John Ikechukwu Okafor, popularly known as Mr. Ibu. Dr. Abbas, in his condolence message to the families of the deceased and their colleagues in Nollywood, says the actors used their God-given talents to put smiles on many faces. The Speaker notes […]
