archiveSeptember 2024

  Nigeria has become the third-largest debtor to the World Bank ’s International Development Association (IDA). The West African nation, according to the World Bank, had $16.5bn loan exposure as of June 2024. This was published in a financial statement dated June 30 2024, recently released by the World Bank....

At least five persons were seriously wounded and three others abducted after bandits in their numbers attacked Magamar Jibia border town in Jibia Local Government Area of Katsina State. The bandits were armed with sophisticated guns including AK 47 rifles. A member of the Jibia Security Committee told Channels Television...

  Nigeria’s Securities and Exchange Commission (SEC) has officially recognised Quidax and Busha as legally sanctioned cryptocurrency exchanges. This milestone represents a significant shift in the Nigerian crypto landscape, marking a new era of regulation and legitimacy for the industry. The SEC’s approval of Quidax and Busha is more than...

The Katsina State Governor, Mallam Dikko Radda, on Thursday, welcomed former President Olusegun Obasanjo, former Vice President, Prof. Yemi Osinbajo, and the Governor of Borno State, Prof. Babagana Zulum, to Katsina on a solemn mission. The former president arrived at Umaru Yar’adua International Airport to offer condolences following the passing...

  The Lagos State Taskforce on Tuesday conducted a sweeping operation from Fadeyi down to Maryland and Charity Bus Stop to Airport Road where six suspects involved in the illegal sale and display of petroleum products were apprehended, hawking petrol to motorists at exorbitant rates, exacerbating the already intense situation...

The Nigerian Content Development and Monitoring Board (NCDMB) has once again secured the top position in business efficiency and transparency among ministries, departments, and agencies (MDAs), according to the latest evaluation by the Presidential Enabling Business Environment Council (PEBEC). In the '2024 Half Year Transparency and Efficiency Compliance Report (January...

The Presidency has slammed the president of the Nigeria Labour Congress (NLC) Joe Ajaero, for saying that President Bola Ahmed Tinubu betrayed labour leaders by increasing the petrol pump price. Ajaero had alleged that labour accepted the N70,000 national minimum wage based on an understanding that the pump price of...

  The co-chair of the Bill and Melinda Gates Foundation, Bill Gates, stated yesterday that Nigeria’s tax collection rates are low, pointing out that this poses a challenge to financing critical sectors like health and education. Gates made these remarks during Nutrivision 2024, a Pan-African youth dialogue on nutrition held...

Following the announcement by the NNPCL retail management of upward review of PMS pump price from N617 to N897, the Nigeria Labour Congress (NLC), has slammed the Federal Government, describing the increase as traumatic, nightmarish and an act of betrayal. The NLC expressed sadness and disappointment that barely a month...

The 2023 presidential candidate of Labour Party, Peter Obi, has said the President Bola Tinubu-led administration should come clean on what is happening in the Nigerian National Petroleum Company Limited (NNPCL). Obi, who lamented the fuel scarcity, price hike and opaque financial books of the NNPCL, said Nigerians demand a...