The Asset Management Corporation of Nigeria (AMCON) has taken over Best Western Hotels in Ikeja and Victoria Island, Lagos over a N27 billion debts, following a court order. According to reports, the order mandated AMCON to seal up and take…
The Central Bank of Nigeria on Monday threatened to sanction any Deposit Money Bank in breach of its earlier instructions to open teller points for retail foreign exchange transactions in all locations. The apex bank’s acting Director, Corporate Communications, Mr…
Zannah Mustapha, a lawyer in Borno State who negotiated the release of Chibok girls from Boko Haram captivity, has won $150, 000 UN prize for providing an education to children caught up in conflict in the northeast part of the…
Reports from Abuja Monday night said ASUU has announced the suspension of its month-old strike. ASUU President,Prof Biodun Ogunyemi, who made the announcement however said the suspension is conditional depending on government’s response. Lecturers in government owned universities are expected…
According to RECODE ,When Hulu’s “The Handmaid’s Tale” won an Emmy last night for outstanding television drama, it wasn’t just a win for Hulu, which distributes the show, but a win for streaming TV more broadly. Streaming services Netflix, Amazon and Hulu have…
South Africa’s Revenue Service (SARS) will launch legal proceedings against KPMG due to reputational damage caused by the auditor releasing details of a confidential report it produced for the tax agency, commissioner Tom Moyane said on Monday. Moyane told a…
The Nigeria Custom Service, Seme Command, said it collected N701 million as revenue for the month of August. A statement released in Badagry on Monday by the command’s Public Relations Officer (PRO), Mr Selchang Taupyen, said that the command succeeded…
Snapchat has blocked Qatari broadcaster Al Jazeera from its app in Saudi Arabia at the request of Saudi authorities, the image sharing service said Monday, as tensions simmer between the Gulf states. Saudi authorities have accused Al Jazeera of acting…
Oxfam in Nigeria Food Security Ambassador and ace musician Sound Sultan has launched a #United4Food campaign in collaboration with The Human and Environmental Development Agenda (HEDA Resource Centre). The project is part of a global food security campaign by Oxfam,…
The Economic and Financial Crimes Commission (EFCC) has traced about $1.5billion, believed to be proceeds of crime to a Swiss account, as part of investigations involving former Minister of Petroleum, Diezani Alison-Madueke. The anti-graft agency has allegedly linked the loot…
