Shell Nigeria Gas and the Oyo State Government have signed an agreement to develop a gas supply and distribution infrastructure that will deliver gas to industrial and commercial users in the state. A statement released on Friday by Shell Nigeria’s Media Relations Manager, Abimbola Essien-Nelson, disclosed that SNG will build […]

The Chairman of Dangote Industries Limited, Aliko Dangote has described the floating of naira by President Bola Tinubu’s administration as the biggest mess that affected his company and other business owners in 2023. Floating the naira allows market forces to determine its value in relation to other currencies. Dangote said this […]

As fuel scarcity continues to bite harder in different locations, the Federal Government says it has begun a 15-day emergency fuel supply to ensure the commodity circulates across the length and breadth of the country. The government also disclosed that vessels importing Premium Motor Spirit would continue to berth at […]

The Federal Government says although the Tripartite Committee On National Minimum Wage is yet to conclude its negotiations, workers will not lose anything as the new minimum wage will take effect from May 1, 2024. The Minister of State Labour, Nkeiruka Onyejeocha, stated this on Wednesday while addressing Nigerian workers […]

The Central Bank of Nigeria, CBN, has expressed worries over the declining economic activities in Nigeria. The CBN deputy governor of Corporate Services, Bala Moh’d Bello, disclosed this in his personal statement at the end of the last Monetary Policy Committee meeting released on the Banks’ website on Tuesday. He noted that the […]

The Nigerian Senate has moved to clarify recent discussions regarding the minimum age requirement for admission into tertiary institutions. The red chamber assured Nigerians that the current age requirement of 16 years has not been altered and that recent comments suggesting an increase to 18 years were personal opinions. Chairman […]

During the Workers’ Day celebration today, I assured workers in the State that our administration will implement the new minimum wage approved by the Federal Government. I commended the workers for their dedication and emphasized our commitment to prioritizing the welfare of people through various initiatives and also reiterated our […]

Naira Abuse: EFCC, Cubana Chief Priest to settle out of court. Naira Abuse Trial: Court to hear report of settlement 5th of June.

Nine fintech companies have frozen 105 accounts allegedly involved in unauthorised foreign exchange dealings, money laundering, and terrorism financing. This follows an application by the Economic and Financial Crimes Commission (EFCC) to a Federal High Court in Abuja. The court granted an interim order on April 24, 2024, to freeze the accounts for […]

A crippling petrol crisis has thrown a wrench into the plans of many motorists, commuters and businesses across Nigeria, muting the Workers’ Day celebration. In most countries, May 1 is the annual Workers’ Day celebration, a time for reflection and celebration of labour rights. For most Nigerians, the focus has shifted to the […]