Femi Otedola loses $400m in 9 weeks
Nigerian billionaire Femi Otedola has lost more than $400 million of his personal fortune over the last 9 weeks as the stock price of Forte Oil, the Nigerian-listed energy behemoth he controls, shed off 43.5% in value within that period.
Corruption: Groups task FG on recovery of lost N7.1trn
In line with its anti-corruption drive, the Federal Government has been challenged to recover over N7.1trillion, being all the outstanding sums trapped in among individuals and operators in Nigeria’s petroleum industry.
Edo declares 5-Day public holiday to mourn Oba
THE Edo state government has declared 5-day public holiday with effect from Tuesday May 3, 2016, as a mark of honour and respect for the Oba of Benin who recently transited to immortality.
Thugs invade Edo assembly as lawmakers impeach Speaker
The Speaker of Edo House of Assembly, Mr Victor Edoro, has been impeached by 16 of the 24 members of the assembly on Tuesday.
Market for HP shrinking, says Dell CEO, announces new brand
The Chief Executive Officer of Dell, Michael Dell after announcing Dell Technologies as the new identity for EMC-Dell merger at the opening ceremony of the ongoing EMC World 2016 holding in Las Vegas, United States, claimed that market for HP was shrinking while demand for Dell product is growing.
Man sues boss over boredom at work
A Frenchman is suing his former boss over the crushing boredom he suffered in a job he claims turned him into a “professional zombie”. On Monday, Frederic Desnard, 44, lodged a complaint at a labour relations tribunal, demanding 360,000 euros ($415,000) in compensation and damages for the “bore-out” he suffered as a well-paid executive in the perfume business.
