Author: straightnewsng.com

Polaris Bank PLc, Nigeria’s leading retail bank, has launched a digital bank called VULTe. In his welcome address at the well-attended unveiling ceremony which held in Eko Hotel, M.K Ahmad (OON), Lagos, the bank Chairman, stated that the corporate goal of Polaris is to offer customers and non-customers of the bank, a 24-hour seamless service using VULTe. “This is a milestone in our pursuit of a strong and digitally-led retail brand. When we started the Polaris journey almost three years ago, we were very clear on the type of bank we must build and the direction we must go. This…

The eldest sister of the slain Akwa Ibom job seeker, Miss Ifiok Umoren, has carpeted the police in the state for arresting three but failed to parade the third suspect alleged to be instrumental to the death of her sibling. The Akwa Ibom State Police Command had on Friday last week paraded two suspects who were Uduak Akpan and his father, Mr Frank Akpan over their alleged involvement in the   murder case of Iniubong Umoren at the police headquarters, Ikot Akpan Abia, Uyo. But, Ifiok was worried that Emem Emmanuel who began the process of luring her sister through his…

Controversy seems to dog the death of Lagos chef, Mrs Peju Ugboma, who died at a Lagos hospital following a surgical operation. Ugboma, 41, who is famous for her Lagos Menu “I luv desserts,” was reported to have died on April 25 at the Premier Specialist Hospital in Victoria Island, Lagos, after undergoing an elective hysterectomy surgery. At least, 3,000 people signed an online petition urging the Lagos State Government and the Ministry of Health to investigate the death of Ugboma. The Lagos State Government, in its official Twitter account, directed the Health Facility Monitoring and Accreditation Agency to conduct…

The Nigerian Senate, Wednesday, urged the federal government to halt the deployment of 5th generation (5G) network in Nigeria for now. This followed the consideration and adoption of the report of the joint Senate Committee on Communications, Science and Technology, ICT, Cyber Crime and Primary Healthcare and Communicable Diseases on the “Status of 5G Network in Nigeria and its impact on Nigerian citizens.” The committee recommended that Nigeria should still observe the trend of 5G deployment around the globe and engage in extensive sensitization of the public through all channels before the commencement of commercial deployments in the country, according…

Bitcoin plunged below $39,000 for the first time in more than three months Wednesday after China said cryptocurrencies would not be allowed in transactions and warned investors against speculative trading in them. The comments sent the unit diving more than 10 percent and dealt it another blow soon after being battered by comments from tycoon Elon Musk and his Tesla car company. Trading in cryptocurrencies has been banned in China since 2019 to prevent money laundering as leaders try to stop people from shifting cash overseas. The country had been home to around 90 percent of the global trade in…

British inflation has soared to the highest level since the early stages of the pandemic, official data showed Wednesday, stoking fears of a global inflationary spike as economies reopen. The Consumer Prices Index rate hit 1.5 percent in April, attaining the highest point since March 2020 when the COVID-19 crisis erupted, the Office for National Statistics said in a statement. The upswing, which compared with 0.7 percent in March 2021, was fuelled by rising clothing and energy costs and came as the UK economy embarked on a phased reopening. “Inflation rose in April, mainly due to prices rising this year…

Nigeria Union of Petroleum and Natural Gas Workers, NUPENG, has threatened to embark on a nationwide strike over attack on leaders of the Nigeria Labour Congress, NLC. NLC President, Ayuba Wabba and other Labour leaders were attacked during Tuesday’s peaceful protest in Kaduna State as part of the ongoing five-day strike to force the state government to rescind alleged anti-workers policies including the recent mass sack of workers. The thugs had attacked the labour leaders after Governor Nasir el-Rufai left the Power Holding Company of Nigeria, PHCN, adjacent where the workers assembled, with heavily armed security personnel. The armed thugs…

Royal Dutch Shell has commenced talks with the Nigerian government to sell the Anglo-Dutch company’s stake in onshore oilfields, Chief Executive Officer Ben van Beurden, said on Tuesday. Shell, the operator of the West African country’s onshore oil and gas joint venture SPDC, has struggled for years with spills in the Niger Delta as a result of pipeline theft and sabotage as well as operational issues. The spills have led to costly repair operations and high-profile lawsuits. Speaking at the company’s annual general meeting, CEO Beurden said that Shell can no longer be exposed to the risk of theft and…

Deontay Wilder, boxer, could be in for a £5.65 million pay day from Anthony Joshua and Tyson Fury after a US court ruled in his favour. Fury and Wilder were to fight last summer for the third time as stipulated in their contract but Coronavirus restrictions plus Wilder’s claim of injury stopped the match from going through. After Fury began negotiations to fight Joshua, Wilder came back asking that his fight contract with Fury be respected and carried out but Fury rejected his proposal saying the contract timing has already expired. Now a court has ruled that the trilogy fight…

Despite the ongoing five-day warning strike in Kaduna State Governor, Mallam Nasir El-Rufai, has fought back by ordering mass sack of nurses. El-rufai on Tuesday announced the dismissal of all nurses below level 14 in the state. This was as the governor had vowed not to back down in his decision by recalling more than 4,000 local government employees recently sacked by his administration. The governor’s action is linked to a tweet he made earlier when he stated that Barau Dikko Teaching hospital had reported that nurses disconnected oxygen from a two-day old baby in an incubator on Monday, May…