The Chartered Institute of Bankers of Nigeria (CIBN) has called on banks’ managements to stop setting unreasonable targets for their staff. The Institute made the call in Abuja on Wednesday while presenting a research report with title ‘The Analysis of Human Capital Attrition in an Evolving Global Context: A Case Study of the Nigerian Banking Industry.’ The research was presented at the 15th Annual Banking and Finance Conference of the institute with title, ‘Repositioning the Financial Services Industry for an Evolving Glocal Context.’ Dr Grace Makinde, the Coordinator of the research, said undue targets given to bank staff by their…
Author: Newsdesk
Oyo state governor, Seyi Makinde of Oyo State on Wednesday insisted that Dr Iyorchia Ayu, the National Chairman of Peoples Democratic Party (PDP), must step down to allow Southerners in the top hierarchy of the party. Makinde made the position of South-West leaders of the party known at the zonal stakeholders’ meeting held at the Prof. Theophilus Ogunlesi Hall, University College Hospital (UCH), Ibadan. According to him, PDP is talking about unifying the country, talking toward the government of national unity. “Well, the issue is that we must practice what we preach. If we want to unify Nigeria, we must…
The Federal Executive Council (FEC) has approved the commencement of a process that will enhance the indigenisation of vaccine production in Nigeria. Minister of Health, Dr Osagie Ehanire, made this known when he briefed State House correspondents at the end of the Council’s meeting presided over by President Muhammadu Buhari, on Wednesday in Abuja. “The council considered a memorandum from the Ministry of Health today, which has to do with the first stage in indigenising vaccine production in Nigeria, the standard programme on immunization, not COVID-19 vaccine. “As you know, the government has a joint venture agreement and formed the…
The United States National Cryptocurrency Enforcement Team (NCET) says combating criminal misuse of digital assets is a top priority to the country. The Inaugural Director of the National Cryptocurrency Enforcement Team (NCET) at the U.S. Department of Justice (DOJ), Ms Eun Choi, said this on Wednesday. Choi, who spoke on the topic: “The Rise of Cybercrime and Cryptocurrency”, said law enforcement had to rely on the records of intermediaries in order to identify the true identity of those behind the addresses conducting those transactions. She said digital assets were used in these crimes, “because many of the features of these…
The Supreme Court, on Wednesday, declared Ifeanyi Chukwuma Odii as the validly elected candidate of the Peoples Democratic Party (PDP) for the 2023 Ebonyi governorship election. Justice Lawal Garba, in a lead judgment of a five-member panel, held that Sen. Joseph Obinna Ogba, who represents Ebonyi Central Senatorial Zone, lacked legal right to have filed an appeal in the court below. He said the Abuja Court of Appeal lacked the jurisdiction to have entertained the suit in the first instance since Ogba was not a party in the entire proceedings conducted by the trial court (a Federal High Court sitting in Abakaliki). The judge…
The Lagos Metropolitan Area Transport Authority (LAMATA) has handed over the reconstructed Mushin Public Primary School that was demolished to pave way for the Lagos Rail Mass Transit (LRMT) Red Line rail project. The Managing Director, LAMATA, Mrs Abimbola Akinajo, handed over the new edifice to the State Universal Basic Education Board (SUBEB) in Lagos on Wednesday. Akinajo, represented by the Director, Rail, LAMATA, Mr Olasunkanmi Okusaga, said that the building had 12 classrooms, four staff rooms, 14 toilets and four stores She said that the classrooms had been built to accommodate over 350 pupils. Akinajo said the projects that…
The National Human Rights Commission (NHRC), on Wednesday awarded N287 million in compensation to 74 beneficiaries of police brutality. The panel is investigating violations of human rights by the defunct Special Anti-Robbery Squad (SARS) and other police units. The panel was set up by the Federal Government in November 2020 following the “ENDSARS Protest” which was triggered by nationwide allegations of Police brutality. The first batch of N146 million compensation was awarded on December 23, 2021 to 26 persons Speaking, the chair, NHRC governing board, Dr Salamatu Suleiman, congratulated the petitioners for their faith in the human rights mechanism in…
Newly sworn-in Kenyan President William Ruto has appointed his predecessor Uhuru Kenyatta as peace envoy to Ethiopia and the Great Lakes region. Ruto said Kenyatta has agreed to continue chairing discussions on peace initiatives in the greater east Africa region. “I have committed that the government of Kenya and myself, in particular, will support those initiatives that will be chaired by President Uhuru Kenyatta,” Ruto said. Ruto was sworn in as the country’s fifth president at a ceremony in the capital, Nairobi on Tuesday. He took the oath of office in a peaceful handover ceremony attended by 20 African leaders…
By Tina George, Minna Youths under the All Progressive Congress (APC) in Niger state have been urged to reconcile their differences and work for the victory of the party in the 2023 general elections across the state. The youths were urged during a reconciliation and peace talk organized to bring together youths who were aggrieved over the outcome of the party primaries. The Convener of the reconciliation meeting, Dr Mustapha Jubril said that once the youths are reconciled, the future and victory of the APC in the forthcoming general elections are assured. “Youths are active in practising politics but as…
The panel of judges for the Nigeria Prize for Science said that two outstanding scientific works have won the Nigeria Liquefied Natural Gas Ltd. (NLNG) $100,000 prize. Prof. Barth Nnaji, a former Minister of Power and Chairperson of the Advisory Board for the prize made the announcement at a news conference in Lagos on Wednesday. The theme of the event organised by NLNG for the 2022 edition is: “Innovations in Sustainable Food Security”. The panel of judges for the Nigeria Prize for Science received 107 entries from scientists worldwide for the 2022 edition. A panel of judges led by Prof.…