Author: Samuel Akpenpuun

Against the backdrop of continuing interest in the ongoing trial of rogue online platform, Binance, and one of its Chief Executives, who illegally trade in cryptocurrency in Nigeria, the Minister of Information and National Orientation, Mohammed Idris, has said due processes are being applied in all stages of the trial by the laws of the Federal Republic of Nigeria. “At all stages, due process has been followed, and prosecutors are confident of their case, based on the facts and evidence gathered. Binance will have every opportunity to defend itself in court against these severe charges of financial crimes against the…

The meeting of the Tripartite Committee on Minimum Wage has resumed talks at the Nicon Luxury Hotel in Abuja on Wednesday, June 5, to continue discussions over a new minimum wage for workers in the nation. The federal government was represented by Wale Edun, the Minister of Finance; Atiku Bagudu, the Minister of Budget and National Planning; Nkeiruka Onyejeocha, the Minister of Labour; and representatives of the Secretary to the Government of the Federation, along with the Head of Service of the Federation. Joe Ajaero, the president of the Nigeria Labour Congress (NLC), and Festus Osifo, the President of the…

British banknotes bearing the image of King Charles III entered circulation for the first time on Wednesday, nearly two years after he succeeded his mother Queen Elizabeth II. The four banknotes with the king’s portrait on the front carry values of £5 ($6.4), £10, £20 and £50 and will be used alongside those bearing the image of Elizabeth, who died in September 2022. Coins bearing Charles’s head entered circulation in December 2022. The updates come as Britons increasingly use physical and online bank cards, rather than cash, to make payments. But Bank of England governor Andrew Bailey called it “a…

The House of Representatives has attacked organised labour, comprising the Nigeria Labour Congress and Trade Union Congress, for feeding the public about what it described as “fake earnings” of its members. It said that the attempt was made to stoke public resentment against the lawmakers and undermine the credibility of the legislature. It warned that such acts could stoke public resentment against lawmakers and undermine the legislature’s credibility, calling for the actors sabotaging the nation’s economy to be brought to justice. The House made this known in a statement signed by its spokesperson, Akin Rotimi, on Tuesday. The statement read,…

Political activist, Aisha Yesufu, has criticised the Nigerian Labour Congress (NLC) and the Trade Union Congress (TUC) for suspending the indefinite nationwide strike without securing tangible gains for workers. In a passionate video message, Yesufu expressed her dismay at the labour unions’ decision to suspend the strike, which had paralysed public offices and institutions across the country since Monday. She lamented that the strike’s disruption had yielded no meaningful outcome, leaving many Nigerians suffering. She stated: “Yes, you made everyone miss their flights, and people couldn’t travel. But what did you achieve?” Yesufu questioned. “You haven’t even reached a proper…

Former Chelsea and Tottenham Hotspur manager Antonio Conte has been appointed the new boss of Napoli on a three-year deal. The 54-year-old has not managed since he left Spurs by mutual consent in March 2023 after 16 months in charge. Despite a disappointing time in North London, Conte has had a decorated coaching career after winning the Premier League in his first season at Chelsea (2016-17) and the FA Cup in his second before being sacked in 2018. “Napoli is a place of global importance. I am happy and excited at the idea of sitting on the blue bench,” Conte…

Tottenham FC has confirmed that Eric Dier, Ivan Perisic, Ryan Sessegnon, and Japhet Tanganga will leave the club following the conclusion of their contracts. The English club thanked the four senior team players for their service and wished them the best in their future endeavours. In a Wednesday statement, the North London team also noted that four other players would no longer be in the club’s service. “We can confirm the departures of Eric Dier, Ivan Perisic, Ryan Sessegnon and Japhet Tanganga following the conclusion of their contracts. “We said farewell to both Eric and Ivan in January as they…

No fewer than 30 miners trapped at a mining site in Galkogo Community, in Shiroro Local Government Area of Niger State, are feared dead. Our Correspondent gathered that one of the mining pits belonging to African Mineral and Logistics Ltd, in the area collapsed on over 50 miners, who were working at the site, on Sunday night. Giving details of the on site collapse, a source who did not want his name to be mentioned said; “The pit caved in after a torrential rainfall on Sunday and several of the the Miners were buried underground. From what we gathered, the…

Kevin De Bruyne has said he’s “open” to a move to the Saudi Pro League (SPL) owing to the “incredible” financial gain that comes with a move to the Gulf nation. The Manchester City midfielder has one year left on his contract at the Etihad Stadium and has been linked with a move to Saudi Arabia. A source has told ESPN that De Bruyne’s representatives visited 10 Saudi clubs in three days in May and the Belgium international has admitted he’s tempted by the monetary incentives on offer in the country. “At my age you have to be open to…

The Nigeria Labour Congress(NLC) and Trade Union Congress(TUC) have agreed to suspend its nationwide strike to allow the Federal Government commit to a concrete and acceptable national minimum wage. The two labour centres took the decision at the end of an emergency National Executive Council meeting on Tuesday. The Federal Government team agreed to raise the N60, 000 minimum wage offer after a meeting with Labour on Tuesday. In a communique signed by Presidents of NLC, Comrade Joe Ajaero and Comrade Festus Osifo, labour said it suspended the nationwide strike in order to create the right ambience for negotiation to…