archiveJune 2023

    The Economist Intelligence Unit’s 2023 Global Liveability report has ranked Lagos as the fourth worst city to live in the world. The report surveyed 173 cities and used 30 qualitative and quantitative factors across five broad categories: stability, healthcare, culture and environment, education, and infrastructure. Lagos was ranked...

Bayelsa State Government has donated a three-storey building equipped with the state-of-the-art facilities to the Federal Government for the use of Nigeria Upstream Petroleum Regulatory Commission (NUPRC). The building which is to serve as Center for Conflicts Resolutions in the Niger Delta Region and situated at Yenegoa, the capital of...

Worried by the food security and nutrition challenges in the North-East, the United Nations has donated $20 million to boost the humanitarian response to the issues. This was disclosed in a statement by the head of public information United Nations Office for the Coordination of Humanitarian Affairs (OCHA), Ann Weru,...

The President of the Trade Union Congress (TUC), Festus Osifo, has said that Nigerian politicians are not feeling the impact of the fuel subsidy removal. Osifo, I’m a recent interview, expressed displeasure that despite the subsidy removal, politicians are still going about in “endless” convoys. According to him, Nigerian citizens...

The presidential candidate of the Labour Party, Peter Obi, has knocked the Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC) over its proposed 114 per cent increase in the salaries of elected politicians, including the President, vice president, governors, and lawmakers. RMAFC has come under heavy criticism over its recommendation for...

  says it is a start of an exciting chapter for the capital market   Nigerian Exchange Limited (NGX) has commended the Board and Management of Coronation Group Limited’s recent regulatory recognition and added that this is a start of another exciting chapter for the barometer of Nigeria’s economy- the...

The positive run that the Nigerian Exchange Limited has been witnessing since the advent of the current administration continued on Wednesday as the market capitalization of equities saw a gain of N117 billion to close at N32.302 trillion, a 0.36% gain compared to the N32.185 trillion recorded in the previous...

Access Bank and United Bank for Africa (UBA) have signed an agreement with the African Continental Free Trade Agreement (AfCFTA) that will help remove trade barriers The agreement was reached during the annual meetings of the African Export-Import Bank (Afreximbank) in Accra, Ghana. African traders Afreximbank is driving the push...

The Acting Inspector-General of Police (IG)P, Olukayode Egbetokun, Wednesday assumed duty as the 22nd IGP. Egbetokun, who was by President Bola Tinubu on Monday, was handed over the mantle of leadership by his predecessor, Usman Ali Baba. He pledged to emplace intelligence-led policing and run a transparent and accountable leadership....

Britain has applauded the ongoing economic reforms being carried out by the administration of President Bola Tinubu. The British High Commissioner to Nigeria, Richard Montgomery, who stated his home government’s position on Wednesday while on a courtesy visit to Vice-President Kashim Shettima at the State House, Abuja, commended Nigeria for...