…Threaten to embark on nationwide strike by November 14 if… …Identify sack of 11,000 ghost workers, non-payment of pensioners, others as reasons for strike Following the recent attack on the Nigeria Labour Congress (NLC) President, Joe Ajaero last week in…
The Inspector-General of Police (IGP), Kayode Egbetokun has announced a ban on water and road transport in Imo, Kogi and Bayelsa states. The IGP made the pronouncement following the upcoming off-season governorship elections in the three states. The IGP said…
The Nigerian National Petroleum Company Limited (NNPC Ltd) has stated that subsidy payments rose to N400bn monthly and gulped N3.7bn in May 2023. The NNPCL in a statement by its Chief Corporate Communications Officer, Mr Olufemi Soneye made this known…
The Federal Government has approved a compensation amounting to N5billion for workers of defunct Nigeria Airways. The Minister of Aviation and Aerospace Development, Mr. Festus Keyamo, made this disclosure on the sideline of a stakeholders forum in Lagos, confirming the…
By Seun Ibiyemi The Nigerian Ports Authority (NPA) has said it is embarking on a significant $1.1 billion port rehabilitation plan in a means to ensure a strong commitment to fortify Nigeria’s trade competitiveness. Speaking during a panel session during…
By Omobolaji Adekunle, Abeokuta Barely a week after fish sellers in Sagamu raised alarm over hike in fish prices, the fish sellers on Tuesday stormed the Ogun State Governor’s Office In Abeokuta to protest the hike in the price of…
…Manufacturers’ debt to banks hit N6.98 trillion in June – CBN …Expert raises alarm over banks’ liquidity By Seun Ibiyemi Banks’ borrowings from the Standing Lending Facility (SLF) of the Central Bank of Nigeria (CBN) increased year-on-year (YoY) by 466…
By Moses Adeniyi The Presidential Candidate of the Labour Party at the last general elections, Mr. Peter Obi has broken his silence over the verdict delivered by the Supreme Court on the appeal filed before the apex court by him…
The Economic and Financial Crimes Commission (EFCC) on Monday flouted the order of the High Court of the Federal Capital Territory sitting at Maitama to produce before it the embattled former Governor of the Central Bank of Nigeria (CBN), Godwin…
By Sodiq Adelakun The Nigerian foreign exchange (FX) market opened on Monday with the naira/dollar exchange rate quoting at N1,020 This comes after the naira strengthened to 970 per dollar on the black market over the weekend following some positive…
