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Telkom Appoints Former Samsung Africa CEO to Board

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IGP sues Sahara Reporters, publisher over tenure extension bribe report

The Inspector-General of Police, Mohammed Adamu, has instructed his team of lawyers to commence legal action against the publisher of Sahara Reporters, Omoyele Sowore, over a report by the medium wherein the IGP was alleged to have expended N2 billion on his purported quest to get a one-year tenure extension at the helms of the Nigeria Police Force, spokesman, Frank Mba said on Monday. Adamu was due to retire from the service on February 1 but his tenure has now been extended by President Muhammadu Buhari, albeit under controversial circumstances. Mba, in a statement in Abuja said the three-month extension of tenure of the Inspector General of Police (I-G), Mohammed Adamu, is strictly the prerogative of the President which needed no bribe to effect. He said the reports in some sections of ...

Bible Society appoints new CEO-designate

The Bible Society of Nigeria (BSN) on has announced the appointment of Pastor Samuel Sanusi as its new General Secretary/ Chief Executive Officer-Designate. BSN Manager, Media and Public Relations, Mr Benjamin Mordi, disclosed in a statement on Saturday in Lagos. Newsmen report that Bible Society of Nigeria is a not-for-profit interdenominational Christian organisation. It translates the Bible into local languages, publishes, distributes, raises funds for the Bible work and organises life-transforming programmes. So far, it has translated the full Bible into 26 Nigerian Languages, while translation revision is on-going in 10 Nigerian Languages. According to him, Sanusi will be taking over from the incumbent General Secretary/CEO, Dr Dare Ajiboye, who will be retiring in June 2021. He said ...

Gold rises on renewed US stimulus hope, dollar falls

Spot gold rose 0.3 percent to $1,910.56 an ounce at 3:37pm, New York time, after falling as much as 0.5 percent. Gold rose on renewed optimism for a preelection aid package in the U.S., while the dollar fell to a one-week low. House Speaker Nancy Pelosi said a bill for a compromise stimulus package is being written as she awaits a key phone call with Treasury Secretary Steven Mnuchin. Senate Majority Leader Mitch McConnell said his chamber would take up a comprehensive coronavirus package if an accord is struck. The Bloomberg Dollar Spot Index headed for the third straight decline. Pelosi said in a Bloomberg Television interview that while there are areas where more work is required to get a compromise, she was pleased with the Trump administration’s latest position on coronavirus testing ...

NNPC explains parameters for employment, career progression

The Nigerian National Petroleum Corporation (NNPC) has explained the parametres for employment as well as career progression in the corporation, using the recently concluded Graduate Trainee employment process as well as top Management promotion exercise executed by the corporation as an illustration. The National Oil company says unblemished academic competence, logical thinking, ability to engage meaningfully in problem solving in addition to federal character are key to becoming an employee of the corporation. To progress in the Management cadre, professional competence, accountability and transparency as well as ensuring national spread in top management positions are critical factors that are not negotiable. Explaining the parametres, NNPC Group General Manager, Group Public Affairs D...