Femi Otedola, Nigerian billionaire, business tycoon and chairman of Geregu Power Plc has acquired an additional stake in FBN Holdings Plc, the parent company of First Bank, Nigeria’s oldest bank. It has been confirmed that Mr Femi Otedola had acquired…
United Bank for Africa acquired ownership of Abuja Electricity Distribution Company (AEDC). A new management team was appointed by the Bureau of Public Enterprises for the company, 24hours after the acquisition. The members of the interim management team include Bada…
The United Arab Emirates, UAE borrows a leaf from Kaduna State in Nigeria – slashes its official working week to four-and-a-half days and moves its weekend to Saturday and Sunday in a major shift aimed at improving competitiveness, officials said…
Mandatory Covid 19 vaccination is now standard for civil servants in Nigeria. Authorities in Nigeria have continued to receive mixed reactions over the announcement of compulsory Covid 19 vaccination of workers. Without proof of being vaccinated or proof of a…
Doctors and dentists in Benue State under the aegis of the National Association of Government General Medical and Dental practitioners (NAGGMDP) will go on an indefinite strike on Tuesday over payment arrears. The group, wrote a letter to Benue state…
Since June 2014, Africa’s richest man Aliko Dangote has been on track to end the year at the richest level, bolstered by his second consecutive year of income growth in his cement unit. The increase in the stock price of…
A dating site, Redeemers Connect, has been launched by The Redeemed Christian Church of God (RCCG), the city of David at Victoria Island, Lagos. The website offers a platform for preparing adults for courtship and marriage. See the link below.…
Christian Association of Nigeria, Kaduna State chapter on Tuesday has addressed Governor Nasir El-Rufai concerning the issue of the reduction of working days of public servants to a four-day workweek. The announcement was made on Monday by the Kaduna state…
Mrs Charity Maduka, the wife of the founder and CEO of the Coscharis Group, Dr Cosmas Maduka, is dead. She died on Saturday evening in Nnewi, in Anambra state. Her death was confirmed by her daughter, Charity. On the company’s…
A four-day working week had been announced on Monday by the Kaduna State Government. This transition will be starting from December 1, 2021. The aim of the transition is to allow civil servants to work from home one day a…
