300 staff sacked in one night by First Bank

First Bank of Nigeria Limited (FBN) indiscriminately sacked over 300 of its core staff IN ONE NIGHT, against industry best practices.

First Bank of Nigeria Limited (FBN) indiscriminately sacked over 300 of its core staff IN ONE NIGHT, against industry best practices. The bank has been grappling with the backlash of sacking over 1,000 contract staff through text messages. A recent report by The NEXT EDITION newspaper had uncovered a muddled disengagement of staff across the […]

Delta Line sold to God is Good Motors: Delta Govt

The Delta State Government has signed a Memorandum of Understanding for God is Good Motors Limited to manage Delta Transport Company Limited

Delta Line sold to God is Good Motors: Delta Govt

The Delta State Government has signed a Memorandum of Understanding for God is Good Motors Limited to manage Delta Transport Company Limited with Governor Ifeanyi Okowa expressing confidence that Deltans will have better benefits from the partnership. Speaking shortly after the MoU was signed yesterday at Government House, Asaba, Okowa disclosed that since inception of […]

Naira on a downward slide against dollar

The Nigerian currency lost N2 to the US dollar at the parallel market on Thursday, the News Agency of Nigeria (NAN) reports.

Naira on a downward slide against dollar

The Nigerian currency lost N2 to the US dollar at the parallel market on Thursday, the News Agency of Nigeria (NAN) reports. It exchanged for N369 to the dollar, weaker than N367 posted on Wednesday, while the Pound Sterling and the Euro closed to the Naira at N478 and N437 respectively. At the Bureau de Change (BDC), […]

Meet the 27 year-old selling cows online

The value of a cow varies across the world. To the Maasai of Kenya cattle, are everything (food, material, culture, ritual). For Hindus, they are revered and worshipped, while in rural South Sudan they are used as currency and objects of beauty.

Meet the 27 year-old selling cows online

The value of a cow varies across the world. To the Maasai of Kenya cattle, are everything (food, material, culture, ritual). For Hindus, they are revered and worshipped, while in rural South Sudan they are used as currency and objects of beauty. Victor Sylvester Otieno is the 27 year-old hoping the disrupt the eCommerce sector in […]

The Power Of Social Media For A Business

Entrepreneurs, young and old, are all jumping their presence online every day. Every other investor or entrepreneur one meets in a seminar or conference hands over his business card, which details the said person’s social media handle.

The Power Of Social Media For A Business

Entrepreneurs, young and old, are all jumping their presence online every day. Every other investor or entrepreneur one meets in a seminar or conference hands over his business card, which details the said person’s social media handle. From LinkedIn to Twitter and Facebook, not one is considered any less important from the other. Right said […]

First Bank engages in Mass sack

Nigeria’s premier financial institution, First Bank of Nigeria Limited, with its contractor, Whyte Cleon, has sacked over 1,000 workers via text messages and phone calls.

First Bank engages in Mass sack

Nigeria’s premier financial institution, First Bank of Nigeria Limited, with its contractor, Whyte Cleon, has sacked over 1,000 workers via text messages and phone calls. An investigation by THE NEXT EDITION newspaper revealed that the bank has been silently sacking staff across the country through short message service (SMS). popularly called text messages, and telephone […]

Lagos doing wonders; to commence Eid-Kabir sales of Lake Rice

The Lagos State Government is set to commence sales of Lake Rice from Thursday, August 24, 2017 in various centres across the state to ensure that there is adequate supply for Muslim faithful during the forthcoming Eid-Kabir celebration.

Lagos doing wonders; to commence Eid-Kabir sales of Lake Rice

The Lagos State Government is set to commence sales of Lake Rice from Thursday, August 24, 2017 in various centres across the state to ensure that there is adequate supply for Muslim faithful during the forthcoming Eid-Kabir celebration. The State Commissioner of Agriculture, Mr. Oluwatoyin Suarau, disclosed this today at Alausa, Ikeja. He stated that […]

Nigeria’s Economy Shaky, Few Hours After Buhari’s Speech

Many Businessmen, who spoke on Monday, described the President’s speech as “empty”, stating that Buhari’s refusal to address the issue of the economy in his speech, is a bad signal that the economy may return to its despicable state.

Nigeria’s Economy Shaky, Few Hours After Buhari’s Speech

Nigerians have reacted with mixed feelings to President Muhammadu Buhari’s address to the nation on Monday, two days after he returned from a medical vacation in the United Kingdom, UK. The speech which lasted only for 6 minutes, failed to address issues bordering on the Nigerian economy, which many have said was on the state […]

Nigeria down to two exchange rates — ‘naira devaluation imminent upon president’s return’

Nigeria is finally down to what seems likes just two exchange rates; one is the official central bank rate of 305 per dollar, while the other is between 360 to 365 at the interbank and parallel market.

Nigeria down to two exchange rates — ‘naira devaluation imminent upon president’s return’

Nigeria is finally down to what seems likes just two exchange rates; one is the official central bank rate of 305 per dollar, while the other is between 360 to 365 at the interbank and parallel market. Monetary policy officials unified some of their multiple exchange rates as they directed currency dealers to quote naira […]

Nigerian banks on weekly sack of staff – NBS

The National Bureau of Statistics (NBS) says its latest data analysis on banks in Nigeria revealed that 8,663 people lost their jobs in the first half of 2017.

Nigerian banks on weekly sack of staff – NBS

The National Bureau of Statistics (NBS) says its latest data analysis on banks in Nigeria revealed that 8,663 people lost their jobs in the first half of 2017. The figure means that an average of 340 people were sacked every week from January to June 2017. The NBS statistics is contained in a report on […]

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