Thursday, March 20, 2025
Founder and promoter of Fides Et Ratio Academy, an educational service provider, Paul Chukwuma, has been detained by the Independent Corrupt Practices and Other Related Offences Commission (ICPC) over his alleged involvement in contract scandal currently rocking the Tertiary Education Trust Fund (TETFund). Mr Chukwuma was detained upon honouring ICPC […]
Nigeria to begin milk exportation within Africa — Shettima Nigeria to begin milk exportation, internal displacement in Nigeria, market Vice President Kashim Shettima has reiterated the commitment of President Bola Tinubu-led government to explore the potentials in Nigeria’s dairy subsector to begin exportation of milk within the African continent under […]
The Central Bank of Nigeria (CBN) says it has no plans to revoke the licences of Unity, Polaris, and Keystone banks. Online reports had claimed the apex bank would terminate the licences of the three banks, following the revocation of Heritage Bank’s licence. However, in a post on its social […]
Aviation Unions have opened barricaded airport terminals, following suspension of an indefinite strike by the Nigerian Labour Congress, NLC, and Trade Union Congress, TUC. Francis Akinjole, General Secretary of Air Traffic Services Senior Staff Association of Nigeria, ATSSSAN, said that the strike was ‘relaxed’ for a week to enable the […]
Visitors stand at the booth of the Israeli defense technology company Israel Aerospace Industries (IAI) at the Eurosatory defense and security trade fair near Paris on June 13, 2022. PARIS — France has banned Israeli firms from participating in Eurosatory, Europe’s largest defense show, a little over two weeks before the […]
Organised Labour may settle for N100,000 minimum wage as the Tripartite Committee on National Minimum Wage commences daily meetings for five days to reach a consensus. Multiple sources in the labour movement told The PUNCH on Tuesday that the union leaders were willing to review their demand from N494,000 to N100,000, […]
The naira on Monday appreciated against the US dollar at the official foreign exchange (FX) market, despite a drop in the dollar sales. After trading on Monday, the naira gained 0.67 percent as the dollar was quoted at N1476.12, weaker than N1,485.99 quoted on Friday at the Nigerian Autonomous Foreign […]
The Nigeria Labour Congress (NLC) said the strike will continue on Tuesday despite reaching an agreement with the federal government. The organised labour commenced an indefinite strike on Monday over the failure to reach an agreement with the Tripartite Committee on minimum wage. The industrial action paralysed economic activities across the country on Monday […]
The Federal Government has secured a $500 million World Bank loan to empower Nigeria’s energy distribution industry, the Bureau of Public Enterprises stated on Thursday. The BPE announced that the financing has been secured to help address the numerous issues that Discos face in the country. “In a strategic move […]
The Federal Government on Thursday inaugurated a 5.2 million standard cubic feet per day Compressed Natural Gas plant in Lagos, in an attempt to lessen the impact of petrol Subsidies removal on Nigerians. The CNG plant was built through a partnership between NNPC Gas Marketing Limited and Transit Gas Nigeria […]