archiveJuly 2023

      The Nigeria Labour Congress (NLC) has asked the federal government to review the proposed N8,000 to 12 million household palliative. Last week, President Bola Tinubu asked the senate to approve a borrowing request of $800 million. With this, the federal government intends to transfer N8,000 per month...

  Nigerian equities market on Tuesday sustained its bullish run as market capitalization gained N449 billion, as investors’ interest in Dangote Cement Plc and 49 others added to their opening value. The market All-Share Index (ASI) gained 823.37 basis points, which amount to 1.31 per cent to close at 63,766.72...

The Middle Belt Forum, Forum (MBF) has described the sudden increase in the pump price of petrol in Nigeria as criminal since there is no justification for the action. The forum insisted that it was unacceptable to have such an increase within the first 50 days in the life of...

Pursuant to the judgement passed by the Court of Appeal sitting in Asaba, Delta State in Appeal No. CA/AS/276/2019: FRSC and Darlington Ugo Ehikim, wherein the Federal Road Safety Commission (FRSC) operations were restricted to only federal roads, the Corps Marshal, Dauda Ali Biu has stated the intention of the...

  The Kano State Government has declared Wednesday, July 19, work-free to mark the beginning of the 1445 Islamic (Hijrah) New Year. This was contained in a statement issued by Baba Dantiye, the Commissioner for Information, on behalf of Governor Abba Kabir Yusuf on Tuesday. The governor, who congratulated Muslims...

Vice President, Kashim Shettima, on Tuesday assured Nigerians of the determination of the Tinubu administration to continue to develop economic policies and programmes that will drive investments. The Director of Information, Office of the Vice President, Mr Olusola Abiola, in a statement, said Shettima gave the assurance when the board...

As  reactions trail the latest hike in petrol pump price from N500 per litre to N617 per litre, the  Governor of Ekiti State, Abiodun Oyebanji has pleaded with Nigerians  to be patient with the President  Bola  Tinubu-led administration. According to him, Nigerians should exercise more restrain with the Federal Government...

    An emerging and disturbing report from the Nigerian Centre for Disease Control (NCDC) indicates that Anthrax disease may have spread to the south and other parts of the north. During an interview with Channels TV on Tuesday, July 18, the NCDC’s Executive Director, Ifedayo Adetifa, said that the...

Nigeria Employers’ Consultative Association (NECA) has said the government needs to do a lot more to turn the nation’s economy into the path of growth and recommended no fewer than an eight-point solution to address the socio-economic challenges confronting Nigeria. NECA, the umbrella body for employers in the country, lamented...

  The Central Bank of Nigeria (CBN) and the Central Bank of Egypt (CBE) have signed a Memorandum of Understanding (MoU) to establish a Nigeria-Egypt FinTech Bridge. The signing ceremony, which took place at the Seamless North Africa 2023 conference at the Egypt International Exhibition Center, Cairo, on July 17...