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NDIC to Auction Assets of Defunct Heritage Bank Nationwide Starting December 4

The Nigeria Deposit Insurance Corporation (NDIC) has announced plans to auction assets of the defunct Heritage Bank, including landed properties and physical assets. Bashir Nuhu, NDIC’s Director of Communication & Public Affairs, revealed this in a statement on Monday. He recalled that on June 3, the Central Bank of Nigeria revoked Heritage Bank’s license due […]

Nigeria’s Petrol Landing Cost Drops to ₦971, But Pump Prices Remain High

The landing cost of Premium Motor Spirit (PMS), or petrol, in Nigeria has decreased to ₦971 per litre for November 2024, marking a 20.23% reduction from ₦1,219 per litre in August. This drop, as reported by the Major Energy Marketers Association of Nigeria, is attributed to shifts in the Naira-to-dollar exchange rate and global crude […]

NLC Orders Nationwide Strike in States Failing to Implement N70,000 Minimum Wage

The Nigeria Labour Congress (NLC) has directed its state councils to begin an indefinite strike on December 1, 2024, in any state where the N70,000 minimum wage is not fully implemented. This decision follows the NLC’s appeal to the Federal Government to review policies perceived as harmful to citizens, warning that such measures are pushing […]

Roma Sack Ivan Juric After Disappointing 12-Game Tenure as Managerial Turmoil Continues

Roma have officially announced the dismissal of head coach Ivan Juric following a disappointing 12-game tenure. Juric, the former Torino boss, took charge in September after Daniele de Rossi was sacked. Despite an initial positive start with two wins in his first three games, Juric’s performance soon waned, with only two more victories in his […]

Bruno Fernandes Shines in 250th Appearance for Manchester United in 3-0 Win

Manchester United captain Bruno Fernandes celebrated a milestone 250th appearance with two outstanding goals, leading his team to victory against Leicester at Old Trafford on Sunday, November 10, 2024. Pre-game, Fernandes was presented with a commemorative framed shirt. He quickly made his mark on the match, scoring his first goal in the 17th minute. Amad […]

Governor Fubara Calls Rivers State Political Crisis a Divine Path to Freedom and Growth

Rivers State Governor, Siminalayi Fubara, says the political crisis in the state is divinely orchestrated to allow God to perfect His purpose in granting the state political freedom and economic growth. Fubara stated this at the thanksgiving service to celebrate the appointment of His Royal Majesty, Eze Chike Worlu Wodo, as the Chairman of Rivers […]