archiveOctober 5, 2024

Oyo State governor, 'Seyi Makinde, has declared that his administration will commence the payment of the N70,000 minimum wage once the issue of consequential salary adjustment has been addressed. This was as the governor announced the extension of the N25,000 wage award to workers and N15,000 wage award to pensioners...

A former minister of power, who later served as governor of Cross River State, Senator Liyel Imoke, on Thursday, in Lokoja, stated that alleged “expenditure” of a phantom $16 billion on the power sector by the Olusegun Obasanjo administration never happened. Imoke, who was also Chairman of the Power Sector...

  Dr. Oby Ezekwesili, founder of the School of Politics, Policy and Governance (SPPG), has expressed serious concerns on the present cost of living crisis, poverty, and poor democratic governance in Africa and thereby called for the need for substantial systemic changes in governance to facilitate meaningful development across Africa....

Trading in the top-three equities namely Guinness Nigeria Plc, United Bank for Africa Plc and Japaul Gold & Ventures Plc (measured by volume) accounted for 1.708 billion shares worth N110.766 billion in 5,004 deals, contributing 59.47% and 83.40% to the total equity turnover volume and value respectively for the week...

The Nigeria Police Force on Friday described the ‘outburst’ of Rivers State Governor, Siminalayi Fubara, against the Inspector General of Police, Kayode Egbetokun, as shocking and unwarranted. Fubara had accused the Inspector General of Police (IGP) and the entire Nigeria Police Force of serving the interest of an Abuja-based politician...

Kaduna State Government has clarified that it is actually paying nearly three times the size of loans taken by the past administration due to the massive devaluation of the Naira. The government also dismissed a report that it borrowed N36 billion in the past six months, describing the report as...

Following the protest of the members of the House of Representatives, President Bola Tinubu has conferred the Grand Commander of the Order of the Niger (GCON) title on the Speaker of the House of Representatives, Abbas Tajudeen.. In his Independence Day address, President Tinubu conferred the GCON title on the...

  The Central Bank of Nigeria (CBN) says it sold a total of $543.5 million in the Nigerian foreign exchange market (NFEM) to authorised dealer banks in September. In a statement signed by Omolara Duke, Director of, Financial Markets Department, on Friday, CBN said the foreign exchange (FX) was sold...

      aimed at reducing traffic accidents by 50% before 2030   Vice-President Kashim Shettima is set to inaugurate the National Road Safety Advisory Council saddled with the responsibility of reducing traffic accidents by 50 per cent before 2030 even as he has directed the implementation of a sweeping...

The Executive Chairman of the Economic and Financial Crimes Commission (EFCC)  Mr. Ola Olukoyede, has called on the Chartered Institute of Taxation of Nigeria, CITN,  to research deeper into the activities of  individuals and corporate entities evading payment of taxes in Nigeria, describing them as posing threat to the growth...