Tuesday, June 17, 2025
The World Bank has urged the federal government not to reverse the ongoing economic reforms, warning that it may have negative implications for the country. Removal of fuel subsidy and abolishing multiple foreign exchange systems were policies introduced by the current administration on day one in office. While the federal […]
ABUJA—Bauchi State governor Bala Mohammed yesterday confronted the World Bank over the latter’s claims that a reversal of the federal government’s current economic reforms would spell doom for the country, insisting that the reforms are not working. World Bank Country Director Dr Ndiame Diop advised Nigerians not to oppose the […]
African billionaire Aliko Dangote is wealthier than ever now that his long-awaited Nigerian oil refinery is up and running. But his mood suggests a man who just built his dream house only for the roof to start leaking. The Dangote Refinery outside Lagos is the biggest single-train oil refinery in […]
One of the promises the Federal Government made to pacify Organised Labour at yesterday’s parley was that five refineries would soon be fully functional. Also, government vowed to pay arrears of wages. These, among others, formed the core of the meeting where “they agreed that it is better to ‘jaw-jaw than war-war’.” […]
Adedeji Adeleke, the father of music star Davido, has revealed how a government official attempted to block his $2 billion power plant project by denying him the necessary environmental permit. Speaking at the Seventh Day Adventist Church’s General Conference Annual Council in Maryland, USA, Adeleke shared his experience dealing with […]
France has banned Israeli defense companies from exhibiting at an upcoming naval arms trade show, the event’s organizers revealed on Wednesday. The ban comes as French President Emmanuel Macron’s administration expresses increasing discomfort over Israel’s military actions in Gaza and Lebanon. The decision follows failed French-led efforts to broker a […]
Babajide Sanwo-Olu, governor of Lagos, has announced that the minimum wage for civil servants in the state is N85,000. Sanwo-Olu spoke on Wednesday during an interview with Channels Television. “I’m glad to let you know that the minimum wage for Lagos, which we have discussed with our union, is N85,000 […]
Africa-focused e-commerce retailer Jumia Technologies will shut down its South African online fashion retailer Zando and its Tunisian operations by the end of the year. CEO Francis Dufay revealed that the move is part of a strategic refocus on more profitable markets such as Nigeria. To achieve profitability, Jumia is […]
The Managing Director and Chief Executive Officer of the Nigeria Communications Satellite Ltd (NigComSat), Mrs Jane Egerton-Idehen, has said Nigeria is now deploying all its satellite assets against terrorists, bandits, and kidnappers. Egerton-Idehen said this at a media parley in Abuja ahead of Satellite Week, saying the agency’s mission for […]
20 Points of a 20-hour ordeal on Libyan soil . NFF’s Director of Communications, Dr Ademola Olajire, provides a point-by-point account of how a keenly-anticipated Africa Cup of Nations qualifying match was relegated to a fiasco by Libyan federal authorities and Football Federation 1) The chartered ValueJet aircraft departed from […]