The Central Bank of Nigeria (CBN) has revoked the licence of Heritage Bank Plc with immediate effect. The CBN said the action became necessary due to the bank’s breach of Section 12 (1) of the Banks and Other Financial Act BOFIA, 2020. The apex bank also said the board and management of the bank have…
Donald Trump has warned that it could prove to be a “breaking point” for his supporters if he is sentenced to prison or house arrest following his historic criminal conviction. In an interview aired Sunday on Fox News, the former president and current Republican White House hopeful acknowledged the possibility that he could be handed…
Claudia Sheinbaum was elected Mexico’s first woman president by a landslide Sunday, making history in a country plagued by rampant criminal and gender-based violence. Flag-waving supporters sang and danced to mariachi music in Mexico City’s main square celebrating the ruling party candidate’s victory. “I want to thank millions of Mexican women and men who decided…
The Academic Staff Union of Universities has joined the ongoing strike by the organised labour comprising Nigeria Labour Congress and Trade Union Congress. This is coming after the Federal Government failed to meet the unions’ minimum wage demand. In a statement addressed to the branch chairpersons and zonal coordinators of ASUU on Monday, the association’s…
The Transmission Company of Nigeria has announced the complete shutdown of Nigeria’s power grid by labour unions as the strike by the Nigeria Labour Congress and Trade Union Congress begins. NLC and TUC commenced a nationwide industrial action on Monday in protest against the N60,000 minimum wage proposal of the Federal Government. Announcing the shutdown…
The Inspector-General of Police, IGP Kayode Egbetokun has urged Nigerians not give out their hard-earned money or properties regardless of intimidation by police officers. Egbetokun made this statement in Abuja at the force headquarters during a meeting with key officers responsible for the internal control mechanisms of the police. According to the IGP, his leadership…
Several people were killed in a suspected Israeli attack near Aleppo in north-western Syria, state media reported early Monday citing a military source. The area around Aleppo was targeted by airstrikes overnight, it said. The UK-based Syrian Observatory for Human Rights reported missiles had hit the positions of a pro-Iranian militia in the Hayan area…
Electricity workers have shut down the National Grid as the strike action called by the Nigerian Labour Congress and the Trade Union Congress began at midnight. Checks on grid data posted by the Independent System Operator showed that generation at midnight was 2,805.59 megawatts but dropped gradually to 28 MW at 6 a.m. on Monday…
Real Madrid withstood a Borussia Dortmund barrage to win the Champions League for the 15th time as Dani Carvajal and Vinicius Junior struck late in a 2-0 win at Wembley on Saturday. Defender Carvajal headed in from Toni Kroos’ corner on 74 minutes before Vinicius fired home to extend Madrid’s record as the most successful…
The Executive Governor of Osun State, Senator Ademola Adeleke has felicitated traditional rulers in the state and across the globe on the celebration of this year’s World Ifa Festival, underscoring the spiritual undertone of the festival to the Yoruba race. Governor Adeleke who congratulated the Ooni of Ife, His Imperial Majesty, Oba Enitan Adeyeye Ogunwusi,…
