CBN suspends Ecobank, GTB, 12 others over SME forex abuse

The Central Bank of Nigeria (CBN), on Tuesday, banished 14 Money Deposit Banks from dealing in the Small and Medium Entreprises (SME) discount Forex window. 

The barred banks are First Bank, Keystone Bank, Main Street Bank, Ecobank, Stanbic IBTC, Citi Bank, Enterprise Bank and WEMA bank. 

Others are Guaranty Trust Bank, First City Monument bank, Union Bank, SunTrust Bank, Standard Chartered Bank and United Bank of Africa. 

The CBN representative, Mr Isaac Okorafor, in an announcement in Abuja, said they were banished, taking after tireless dissensions that some Deposit Money Banks (DMBs) intentionally baffle endeavors by

Britain set to fight human trafficking in Edo with ‎£5m

The British Government on Tuesday said it has put aside ‎£5m to bolster the battle against human trafficking in Nigeria. 

The British Deputy High Commissioner in Nigeria, Laure Beaufiks, made this known in Benin amid her visit to the Speaker of the Edo House of Assembly, Justin Okonoboh. 

"My Prime Minister, Theresa May, has put aside ‎£5m to bolster the battle against present day slavery in Nigeria." 

Beaufiks said that Britain would cooperate with the state government to handle the danger of human trafficking in the nation, specific in Edo. 

The British agent said she was in Edo to

Man dies after falling from NITEL mast in Osun

A 48-year-old man, Kabiru Salami, has lost his life in Ile-Ife, Osun, after he fell from NITEL mast while attempting to disconnect cable wires. 

The Police Public Relations Officer, Mrs Folashade Odoro, for the Police Command in the state said this in an announcement she issued in Osogbo on Tuesday. 

She additionally said that the incident occurred on Sunday at around 4.48p.m. 

"The deceased, working with Ismoly Multipurpose Company, Osogbo, was

EUPHORIA - The road side Church (season 2)

The long awaited gospel concert, the road side church (season 2) is here!!!

De'Glorious Ministers in conjunction with Rox Nation presents EUPHORIA 2017.

An gospel concert that is set to reveal the Awesome Glory of God through praise, worship, dance and drama.

Ministering: Micah Stampley, TimGodfrey, Mike & De'Glorious, Victor Atenaga, Lawrence & De'Convenant, Onos, Freke Umoh, etc

Date: 19th - 21st May, 2017.

Venue: King Square, Benin City.

The Wedding Concert - #TOBEL2017

The Wedding Concert, #TOBEL2017 has been the talk of many around Benin City.

The event was all about TOBE NOBERT and MIRABEL NOBERT who tied the knot on 29th April, 2017.

 TimGodfrey with Mr. & Mrs. Lawrence

 Clickmagic with the couple

 De'Glorious

Couple with Mr. & Mrs. Lawrence

The event which is still in the heart of many was graced by De'Glorious (gospel music crew), TimGodfrey, Sam and Song, D'Remarkables Drama Crew, Clickmagic Film Academy, Vibxx Dance Crew and many more.

Vibxx Dance Crew with TimGodfrey

MTN Nigeria sacks nearly 300 workers

South African telecoms firm, MTN, on Friday sacked 280 of its employees in Nigeria, in a major occupation cut that influenced around 15% of the organization's whole Nigerian workforce. 

Those influenced by the move incorporate around 200 perpetual employees and around 80 contract staff crosswise over different frameworks, extending from new graduates to senior supervisors, various sources said. 

A large number of those sacked put in up to 15 years with the organization having joined MTN as it opened its business in Nigeria in 2001. 

Source said affected workers were given a horrid severance of 75% of their gross monthly income increased by the quantity of years with the organization. 

"Given that the organization is around 16 years of age in Nigeria, the severance bundle brought torment and discontent among the affected staff," one source said. 

"With the result structure, senior managers with 15 years of administration were left

Ambode insists on eliminating Danfo buses in Lagos State

The Lagos State governor, Akinwunmi Ambode, on Monday the plan by his administration to eliminate the yellow commercial transports, famously known as Danfo, would make more jobs in the transportation sector.

The governor, who talked at the May Day Rally held at the Agege Stadium to honor the 2017 Workers Day Celebration, said the Bus Reform Initiative, aimed at presenting more than 5,000 air-conditioned buses to supplant the Danfo buses would open new vista of chances, while additionally reclassifying the methods for buses transportation in the State.

It was the first time through Mr. Ambode would go to the workers' rally since he moved toward becoming governor in 2015. A year ago, his absence incensed the