Tuesday , 30 April 2024

Author Archives: NewsThumb Magz

NSITF Saga : Comrade Frank Kokori shared emotional tears , says Ngige dropping Buhari’s name to oppress me

  Former General Secretary of the National Union of Petroleum and Natural Gas (NUPENG) Comrade Frank Kokori on Thursday shared emotional tears when Organised Labour stood solidly behind him to insist he be inaugurated as Chairman of the Board of the Nigeria Social Insurance Trust Fund (NSITF). This was after the Minister of Labour and Employment dropped his name and ... Read More »

Breaking : Minimum wage now N30,000 as Buhari assents to bill

President Muhammadu Buhari has signed into law the Minimum Wage Repeal and Re-Enactment Act, 2019 By this act, the new minimum wage is now N30,000. The President assented to the Act on Thursday in Abuja, mandating all employers of labour across the country to pay workers a minimum of N30,000 monthly wage. The National Assembly had submitted the minimum wage ... Read More »

GTBank Releases Q1 2019 Unaudited Results

…….. Reports Profit before Tax of ₦57.0Billion Guaranty Trust Bank plc has released its unaudited Financial Results for the quarter ended March 31, 2019 to the Nigerian and London Stock Exchanges. The Bank recorded positive performance across all financial metrics with gross earnings for the period growing by 1.2% to ₦110.3billion from ₦109.0billion posted in March 2018. Profit before tax ... Read More »

  The erstwhile Chief Justice of Nigeria, Walter Onnoghen, pleaded ‘No comment’ when the Code of Conduct Tribunal Chairman, Danladi Umar, asked him if he had anything to say before his conviction. The incident happened on Thursday (today) in Abuja as the CCT ruled in the six counts bordering on breach of Code of Conduct for Public Officers preferred against ... Read More »

N5B libel suit: DSS report on Magu inadmissible, court rules

An Ikeja High Court on Thursday rendered a copy of the Department of State Security (DSS) report to the Nigerian Senate on Mr Ibrahim Magu, the Acting Chairman of the Economic and Financial Crimes Commission (EFCC) inadmissible. The News Agency of Nigeria (NAN) reports that Justice Doris Okuwobi in a ruling during the ongoing N5billion libel suit filed by Magu ... Read More »

EcobankPay promotes African Culture Through Theater; Partners Terrakulture

  EcobankPay, the lifestyle digital payment and collections service of Ecobank Nigeria has entered into a partnership with TerraKulture, Nigeria’s foremost stage play and cultural show promoters with Bolanle-Austen Peters as lead. Through this partnership, Ecobank intends to support the promotion of African arts and culture starting from April 2019. For each festive season, there will be a theatrical production ... Read More »

EFCC officials apprehend Justice Ofili-Ajumogobia in court

There was mild drama at the premises of an Ikeja High Court as officials of the Economic and Financial Crimes Commission (EFCC) apprehended Justice Rita Ofili-Ajumogobia, a dismissed judge of the Federal High Court after corruption charges against her were struck out. The News Agency of Nigeria (NAN) reports that about 10 officials of the EFCC surrounded Ofili-Ajumogobia  as she ... Read More »

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