Business
ASUU-Federal Government Meeting Postponed, New Date Set for August 28
The planned meeting between the leadership of the Academic Staff Union of Universities (ASUU) and the Federal Government, originally scheduled for Monday, has been postponed.
This meeting was set to address a range of unresolved issues that have hindered the development of Nigerian universities.
In a recent update, ASUU President, Professor Emmanuel Osodeke, informed news outlets on Monday that the meeting, which had been previously confirmed by the Minister of Education, Professor Tahir Mamman, would no longer take place as planned.
While no specific reason was provided for the postponement, it was announced that the meeting is now expected to take place on Wednesday, August 28.
ASUU had recently issued a 21-day ultimatum to the Federal Government, threatening to go on strike if certain longstanding issues were not addressed.
These issues include the release of an emergency revitalization fund for public universities, the payment of outstanding earned academic allowances, the release of withheld salaries, promotion arrears, and third-party deductions owed to ASUU members.
Other matters on the agenda include addressing the alleged illegal recruitment practices, halting the proliferation of public universities, and the perceived abuse of university laws, regulations, and processes.
ASUU is also calling for the removal of universities from the Treasury Single Account (TSA) and is advocating for the introduction of a new Integrated Personnel Payroll Information System (IPPIS) to better promote the autonomy of Nigerian universities.
The meeting is expected to focus on finding resolutions to these pressing concerns, with ASUU stressing the importance of prompt action from the Federal Government to avoid further disruptions to the academic calendar.
Skype, once a go-to platform for video and voice calls, is officially shutting down today, May 5, marking the end of its 22-year journey connecting people around the globe. The app was one of the first to revolutionize online communication, offering free calls over the internet long before it became common.
During its prime in the mid-2010s, Skype boasted over 300 million active users each month. Microsoft bought Skype in 2011 for a massive $8.5 billion, planning to make it a key part of its communication tools. However, as newer apps like WhatsApp, Zoom, and even Microsoft’s own Teams grew in popularity, Skype slowly lost its place.
In February, Microsoft announced it would officially shut down Skype on May 5 to focus more on Teams, which now handles most of its communication services. This move affects both free and paid users, although Skype for Business will stick around for a little longer.
Business
United Bank Of Africa, UBA, Delivers 23% Total Dividend for 2024, CEO Promises More to Come
United Bank of Africa, UBA, pays 171 Billion in total to its shareholders for the 79 percent increase for 2024.
This information was revealed during the 63rd Annual General held on the 25th of April, 2025. The UBA shareholders approved of the 3 naira dividend share, which will com bine with 2 naira interim dividend and will represent a 23 percent total dividend for 2024 in total.
It can be noted that UBA now has the highest Nigerian stocks and the CEO, Oliver Alawuba has assured the shareholders of the dividends that will be paid.”What we can assure our shareholders today is that UBA will continue to pay more dividends.”
It has been reported that Economic and Financial Crimes Commission (EFCC), prepares to look into the recent crash of the popular investment platform, CBEX.
It can be recalled that investment platform, CBEX, recently crashed and caused worry for many users. The public to social media to lament about the crash of the platform and cries out due to their losses.
Popular Nigerian blogger, Innocent Tino shares that he will partner with EFCC for a joint investigation of the downfall of CBEX. It was also shared that a total of #1.3 trillion funds have been lost due to the crash.
-
Entertainment18 hours ago“He Loves Me” – Tiwa Savage Sparks Dating Rumours with Usher in London
-
News18 hours agoWhite Smoke from Sistine Chapel Signals Cardinal Prevost is Chosen as New Pope
-
News18 hours agoSowore Criticizes Peter Obi for Staying Silent While Nigerians Suffer
-
Politics18 hours agoAdebayo Warns Tinubu to Focus on Nigerians’ Suffering Instead of Planning for 2027
-
News2 hours agoPresident Tinubu Congratulates Pope Leo XIV Election as New Catholic Leader
-
Politics2 hours ago“Tinubu May Win 2027 Easily If Opposition Doesn’t Unite” – Shehu Sani Says
-
Entertainment16 hours agoActress Sarah Martins Fires Back at Critics Over Love for VeryDarkMan
-
Entertainment16 hours agoKanayo O. Kanayo Calls Out Color Superstition: ‘Black Doesn’t Mean Failure’