archive2023

By Moshood Isamotu One of the development indices that best describes Nigeria's present state is that it has a huge deficit of infrastructure both in quality and quantity.  For a country of over 200 million people with an annual 2.4% population growth rate, Nigeria needs an investment of $2.3 trillion...

  The Federal Government has again amended its procurement charges against the former governor of the Central Bank of Nigeria (CBN), Godwin Emefiele. Emefiele, who was arrested by operatives of the Department of State Service (DSS) on Saturday, June 10 after he was suspended as the CBN Governor on June...

Nigeria Customs Service (NCS) has revealed that it lost N1.3 trillion in 2023 due to waivers and concessions that former President Muhammadu Buhari’s administration granted to investors. The Customs also said it was not privy to details of the Custom’s $3.2bn modernisation project. The NCS Comptroller-General, Adewale Adeniyi, disclosed this...

  The Oyo State Governor, Seyi Makinde, has said that a complete restructuring of Nigeria is needed if the country must move forward. Makinde stated this in Awka, on Thursday, during the 12th Annual Zik Lecture. According to the governor, over 60 years after independence, Nigeria has managed to remain...

Peter Obi, the presidential candidate of the Labour Party in the last presidential election, has challenged the Federal Government to disclose what it inherited from the past administration of President Muhammadu Buhari. The charge came amidst claims by the presidency that it inherited bankruptcy from the last Buhari administration. Taking...

  As the Organised Labour across Nigeria confirmed the  suspension of  its nationwide indefinite strike that commenced on Nov. 14, World Stage Limited said its planned Economic Summit will go ahead Thursday at the Event Center, Nigerian Exchange, Lagos with strong participation of major players in public and private sectors...

In adherence to its role as a Self-Regulatory Organisation (SRO) committed to advancing market development and fostering a robust and sustainable equity market, NGX Regulation Limited (NGX RegCo) introduces "EquipHER." An initiative dedicated to empowering women and driving inclusive growth within Nigeria's Equity Market. To inaugurate the implementation of EquipHER,...

  The nation’s organized labour comprising the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) on Wednesday night suspended the ongoing strike. The unions took the decision after the meeting of its National Executive Council (NEC) meeting in Abuja and the unions said the suspension followed the intervention...

The Court of Appeal, Lagos, on Wednesday, dismissed the appeal filed by the Labour Party governorship candidate, Gbadebo Rhodes-Vivour, challenging Governor Babajide Sanwo-Olu’s victory in the March 18 election in the state. Rhodes-Vivour and his Peoples Democratic Party (PDP) counterpart, Abdulazeez Adediran aka Jandor are challenging the September 25 verdict...

  The Nigeria Customs Service has commended the  Economic and Financial Crimes Commission (EFCC)  for continuously sustaining collaborative ties with various stakeholders in the anti- corruption fight. This commendation was given  on Wednesday,  November 15,  2023 in Kaduna by Assistant Comptroller General of Customs,  ACG I.Q Ogbudu who led a...