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South Africa’s top trade union tells Zuma to go

South Africa’s powerful trade union federation Cosatu, a key coalition partner of the ruling ANC, on Tuesday called for embattled President Jacob Zuma to resign following a deeply unpopular cabinet reshuffle.Union general secretary Bheki Ntshalintshali said it was time for Zuma to “step down” after his purge last week of …

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CBN disburses $240 million forex to BDCs, others today

The Central Bank of Nigeria (CBN) resumes this week’s foreign exchange market intervention today with a disbursement of $240 million. Of the sum, $90 million is for invisibles – business/personal travel allowances, medical, school fees, among others, while $150 million goes to interbank wholesale auction window targeted at real sector …

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100,000 athletes, 27 countries for Lagos marathon today

At least 100,000 athletes from 27 countries, including Nigeria, will take part in today’s marathon race in Lagos. The sports contest, now in its second edition and sponsored by Access Bank Plc., will take place between 7am and 2pm with participants running through major routes across the city. Scheduled to …

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