Home » Business » Page 1136

Business

WazupnaijaNaija Entertainment  blogs & ForumsBusiness

NASU: Decision to reduce civil servants salaries ’provocative’

File Photo The Non-Academic Staff Union of Educational and Associated Institutions (NASU) says plan by the Federal Government to slash salaries of Federal civil servants is “provocative’’. NASU made this known in a statement by its General Secretary, Mr Peters Adeyemi on Sunday in Abuja. It will be recalled that Mrs Zainab Ahmed, the Minister of Finance, had given the hint on May 4, at the National Policy Dialogue on Corruption and Cost of Governance in Nigeria, organised by the Independent Corrupt Practices and Other Related Offences Commission (ICPC) in Abuja. Ahmed said during the dialogue that the review of salaries of civil servants and some federal agencies were part of measures to reduce cost of governance. She said the National Salaries, Incomes and Wages Commission (NSIWC) had bee...

Lockdown mentality still holding the economy back, banking official says

A variety of theories have been put forth as to why April’s numbers were not better, including the idea that people were fine with sitting home and collecting enhanced unemployment benefits, as well as concerns about continued Covid risks, a lack of decent child care and fear of using crowded public transportation. Kashkari saw merit in all those arguments, given the unique circumstances of the pandemic. “It wasn’t simply the lockdowns from the government that put a damper on the economy,” he said. “It was each of us, each of your viewers, each family taking actions to protect themselves. Yesterday, for the first time in over a year, I got back on an airplane because my wife and I had been vaccinated and we felt comfortable. But it’s going to take time for that psychology to change.” He ad...

UEFA ‘seriously considering’ switching Champions League final to Wembley

Europe’s governing body, UEFA, are reported to be ‘seriously considering’ switching the upcoming Champions League final to Wembley, the clash set to be an all-English affair. At present, the final is set to be played in Turkey’s capital Istanbul, at Ataturk Olympic Stadium, the arena having already missed out on hosting the showpiece last season due to the Covid-19 pandemic, the last phase of the knockout stage having been moved to Portugal. However, despite missing out on hosting last year’s final, they could well be set to suffer the same fate this term, amid calls to move the final to England, after both Manchester City and Chelsea progressed from their semi-final encounters with Paris Saint-Germain and Real Madrid, respectively. With an all-English final on the way, it seemingly makes ...

Elon Musk says he is first SNL host with Asperger’s syndrome

Elon Musk kicked off his “Saturday Night Live” debut by declaring himself to be the first person with Asperger’s syndrome to host the US comedy sketch show. “Or at least, the first person to admit it,” he said. In his opening monologue, the eccentric tech entrepreneur behind Tesla and SpaceX offered an explanation for some of his past eyebrow-raising behavior. “Look, I know I say or post strange things but that’s just how my brain works. To anyone I’ve offended I just want to say, I reinvented electric cars and I’m sending people to Mars in a rocket ship,” he said. “Did you think I was also going to be a chill, normal dude?” Musk has previously drawn criticism for moves like publicly mocking the US Securities and Exchange Commission and calling a cave diver who rescued boys trapped in Thai...

‘Boko Haram members’ arrested in Kano mosque

Armed security men on Saturday night raided a mosque in Filin Lazio, Hotoro, in Kano metropolitan area, arresting an unspecified number of worshippers. Eyewitnesses told newsmen that the operation, led the military, occurred at about when the Muslim faithful were breaking their Ramadan fast. Sources indicate that the operation was targeted at suspected Boko Haram members who are believed to have gathereed at the said mosque. The arrest, which took members of the immediate area by surprise, automatically resulted into a scare as many residents left the vicinity in order not to run into harm as a result of the operation Nigerian Army spokesman in Kano State Captain Irabor told Daily Sun by phone that the army are working on a public statement on the operation. Get more stories like this on T...

Ebonyi governor: I believe in united Nigeria, not secession

Gov. David Umahi of Ebonyi on Saturday declared his belief in a united Nigeria and condemned calls for secession by some groups in the country. Umahi said this in Abakaliki during the conclusion of the 8-day prayer and fasting session organised by the Christian Association of Nigeria (CAN), Ebonyi Chapter, over the security situation in the state. The governor said he believed in a country where oneness, freedom, equity, justice, fairness among other virtues prevailed. “I do not believe in second-class citizenship where a section of the country is being seen to be superior to others. “We are all created by God and no one should talk of disintegrating the country,” he said. He admitted that most of the secessionist groups’ agitations were genuine, noting that they could however be addressed...

Rivers governor: We can’t succumb to secessionist agenda

The Governor of Rivers State, Chief Nyesom Wike, has declared that his state will not be cowed into secessionist agenda. This is just as Wike condemned the killings of seven police officers in the state. The governor in a statement by his Special Assistant on Media, Kelvin Ebiri, after an emergency meeting of the Security Council at the Government House, Port Harcourt on Saturday called for calm in the state. Wike, who presided over the meeting, condemned the attacks by the unidentified armed assailants on some police formations. He reiterated that no amount of intimidation or cruel resort to barbaric attacks will make the State succumb to the secessionist agenda of those who are bent on plunging Nigeria into another unwarranted crisis. However, Wike, on behalf of the Government of Rivers ...

Minister: Diaspora voting to start soon

The Minister of State for Foreign Affairs, Zubairu Dada, has assured Nigerians abroad that Diaspora voting may be realised soon. He said Nigerians abroad are part of the county and as such should be allowed to exercise their franchise. The minister disclosed that the Independent National Electoral Commission and the National Assembly were currently working to make this materialise. Dada spoke during the Diaspora Quarterly lecture series of the Nigerians in Diaspora Commission which was monitored online by our correspondent on Saturday. The minister expressed the hope that participating in elections by Nigerians in Diaspora would soon be a reality as done in other climes. He said, “NIDCOM is working closely with relevant committees of the National Assembly and relevant stakeholders, particu...

Neymar: I am happy and proud to remain at PSG

Neymar has signed a contract extension with Paris St-Germain, keeping Brazil forward at the French giants until 30 June 2025. The 29-year-old said “happiness” was the main factor in signing a new deal. Neymar, who joined PSG in a world-record £200m deal in 2017, had been linked with a move away, including a return to Barcelona. “I have grown as a person here, as a human being and as a player, too,” he told the PSG website. Neymar was in the final year of his contract, having signed a five-year deal on his initial arrival. He has scored 85 goals and registered 51 assists in 112 games for PSG. However, he has had a difficult relationship with the club’s fans at times and was booed after expressing a desire to move back to Barcelona in 2019. Neymar said he had undergone a “very positive evolu...

‘Jugular’ of the U.S. fuel pipeline system shuts down after cyberattack

A shutdown that lasts more than a few days could send gasoline prices in the Southeastern U.S. spiking above $3 a gallon, market analysts said. That could deepen the political risks the incident poses for Biden, stealing momentum from his efforts to center the nation’s energy agenda on promoting cleaner sources and confronting climate change. That means much depends on how quickly Colonial can restart the pipelines — which depends in large part on whether the company’s cyber consultants can determine that it’s safe to do so. “They’ll learn that in the first 24 to 72 hours,” said Rob Lee, CEO of the cybersecurity firm Dragos and an expert in the risks to industrial computer systems. He added that if the attack was limited to Colonial’s business computer s...

AKA: I’m not a suspect in my fiancée’s murder investigation

Superstar South African rapper, Kiernan Forbes, has stated that he is not a suspect in the ongoing investigation into the death of his fiancée, Nellie Tembe, by the South African Police. Fondly referred to as Anele, it was reported that the rapper’s fiancée fell from one of the upper floors of the hotel to the intersection of Loop and Bloom streets in the Cape Town central business districts. AKA and Anele had gotten engaged in February this year. In March, he paid ‘lobola’ to her family, describing her as ‘the love of his life’ when he announced their engagement on social media. The rap artiste revealed that some people whom he and his late fiancée trusted with their deepest troubles now use them as weapons against him. He said, “It is a sad day when I find myself having to speak to the n...