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Nigerian Polytechnic lecturers vow to continue indefinite strike The National President of ASUP stated the union’s position. Lecturers in Nigerian Polytechnics insist they will proceed with their indefinite strike until the federal and state governments meet their demands. The National President of the Academic Staff Union of Polytechnics, Chibuzor Asomugha, reiterated the union’s stand on the issue on Thursday, while briefing newsmen on the strike in Abuja. He said the action had become inevitable because only one of its demands had been partially met. The union, which issued a 21-day ultimatum on March 25, is asking the government to look into many of its demands. The ultimatum expired on April 22, with the subsequent declaration of a one-week warning strike and an indefinite strike on April 29. Among other things, the union is calling for the release of white paper on the visitation panel to federal polytechnics. Mr. Asomugha said the polytechnic sector in the country’s educati...

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Billionaire Slim Puts $40 Million Into Shazam The world’s second-richest man

Billionaire Slim Puts $40 Million Into Shazam Mexican billionaire Carlos Slim (Image credit: AFP/Getty Images via @daylife) The world’s second-richest man is putting his money where your smartphone’s mic is, with a $40 million investment in music-recognition app Shazam. The small British company with big ambitions has inked a partnership with Carlos Slim Helu and his company America Movil, ahead of its own IPO . As well as buying a stake, America Movil has formed a strategic partnership that will it pre-install the service on smartphones it sells across Latin America. Shazam, which claims 70 million monthly active users, said in a press-release that the move would help it expand further into television, and “an entirely new phase of growth,” according to CEO Rich Riley. Shazam investor Kleiner Perkins referred America Movil to Shazam, according to Reuters . ...

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