archiveNovember 2023

We are constrained to directly deny the unfounded allegation by a defeated Senator of Osun Central , Mr Ajibola Bashiru that Governor Ademola Adeleke spent N400 million monthly on domestic running cost. If the former Senator truly uttered this blatant falsehood, it is "defamatory and reprehensible". According to a press...

The leadership of the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) have announced a total nationwide strike to take effect from next Tuesday, November 14, 2023. The agreement was reached by the two unions’ leaderships on Tuesday, November 7, in Abuja following an unusual meeting of the...

Nigeria’s largest ethical bank, The Alternative Bank (TAB) has taken steps to extend its reach beyond the shores of Nigeria with its hosting of an executive delegation from Banque Sahelo-Salarienne pour l’Investissement et le Commerce (BSIC), a Gambian bank. The two-week exchange program is to promote collaboration between the non-interest...

Nigeria, a country yet to be designated as a ‘Country of Particular Concern’ by the U.S. Department of State, has been listed among the worst persecutors of Christians in the International Christian Concern’s (ICC) 2023 report. The report depicts an alarming portrait of the dangers Christians face in the country,...

  Canada has temporarily closed its embassy in Nigeria and advised against nonessential travel due to security concerns. This move follows similar actions taken by the United States and the United Kingdom, AOL reported. The High Commission of Canada did not comment on the fire but announced a suspension of...

President Bola Ahmed Tinubu will on Wednesday launch a birth, death, and marriage registration portal. The registration system includes all civil registrations such as birth registration, stillbirth registration, birth attestation, adoption, marriage notification, divorce notification, migration and death. Chairman of the National Population Commission (NPC), Nasir Kwarra, made this known...

  The Lagos State Government has reinstated its partial transport subsidy through the Lagos Metropolitan Area Transport Unit (LAMATA). The move follows public appeals to reinstate the 50% discount residents have been enjoying since the subsidy removal by the federal government. In a statement by Kolawole Ojelabi, the Head of...

The ECOWAS Court of Justice has declared some provisions of the Nigeria Broadcasting Code as infringements on Nigerian citizens’ rights, including freedom of expression. The affected provisions of the law, the sixth edition, are Articles 3 (1) (1), 3(1) (2), 15(2) (1) of the NBC and Article 15 (5) (1)...

The Debt Management Office (DMO) has announced and offering for two-year and three-year Federal Government of Nigeria (FGN) Savings Bonds. According to a statement by the DMO on Monday, November 6, 2023, the bond will close by November 10, 2023, at N1,000 per unit. The DMO stated that the first...

  Fitch Ratings has affirmed Nigeria’s long-term foreign-currency issuer default rating at ‘B-‘with a stable outlook, citing the reforms being implemented by the administration of President Bola Tinubu. It would be recalled that a year ago, the global rating agency lowered the country’s credit score to ‘B-‘ from ‘B’ and...