Oil, Electricity Workers To Begin Strike On Monday

THE Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has directed its members to comply with the directive of organized Labour to begin an indefinite nationwide strike on Monday, June 3, 2024. NUPENG General Secretary Afolabi Olawale made this known in a statement on Saturday, June 1. Olawale said …

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Ibadan DisCo Sacks Achife, Appoints Agoha As MD

THE management of Ibadan Electricity Distribution Company (IBEDC) has sacked Kingsley Achife as the company’s Managing Director. The IBEDC also announced the appointment of Francis Agoha as the acting managing director of the company, effective May 31, 2024. The latest development was contained in an internal memo dated May 31. …

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Oando’s Revenue Hits N3.4trn

Oando Plc has posted a revenue of N3.4 trillion in its 2023 full-year-end unaudited financials. The figure represents an increase of 71 percent when compared to N1.9 trillion posted in 2022. Oando disclosed this via a statement issued by the company’s Group Chief Executive Officer, Wale Tinubu, on Saturday, June …

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Transfer: Man United Targets Xavi To Replace Ten Haag As Coach

MANCHESTER United have approached former Barcelona coach Xavi Hernandez about becoming the club’s new manager, according to reports in Spain. United are also considering a move for Ousmane Diomande with Sporting prepared to compromise on their asking price in order to attract summer bids. Chelsea are reportedly at odds with …

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305 Directors Fail FG’s Exams In Four Years – Reports

NO fewer than 305 directors have failed the written examination for appointment into the offices of permanent secretaries of the Federal Civil Service in the last four years, according to a report by Saturday PUNCH. Recall that no fewer than 9,000 civil servants who sat the 2022 FCS Promotion examinations …

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Labour’s N494,000 Wage Demand’ll Destabilise Economy – FG

THE Federal Government says the N494,000 new minimum wage being demanded by organized Labour, which cumulatively amounts to the sum of N9.5 trillion bill, is capable of destabilising the economy and jeopardizing the welfare of Nigerians. The Minister of Information and National Orientation, Mohammed Idris, stated this at a press …

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Binance’s Ex-CEO Begins Prison Sentence In California

Binance’s billionaire founder Changpeng Zhao has reported to a low-security federal prison in Lompoc, California. CNBC reached out to Zhao’s defense team at Latham & Watkins to confirm that the former crypto chief is now in custody. Zhao was sentenced to four months in prison in April after pleading guilty …

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