Sunday, May 4, 2025
For decades, Nigeria’s economy has been closely tied to the fluctuations of global oil markets. Since the discovery of oil in 1956, it has been the main source of revenue and dominated exports. However, as the world moves towards greener energy and oil prices become increasingly volatile, Nigeria is shifting […]
The Central Bank of Nigeria (CBN)’s Monetary Policy Committee (MPC) may face a tricky decision regarding whether to hold or raise the benchmark interest rate in view of the recent petrol price hikes. With inflation slowing for the second straight time to 32.15 percent in August 2024, analysts had projected […]
The Federal Government has called on agencies recruiting for the private sector to adhere to the N70,000 minimum wage, warning that any deviation would not be tolerated. According to the FG, the new minimum wage is necessary to address the current economic reality, emphasising that no Nigerian worker, whether in […]
As reactions continue to trail the Dangote Refinery and the Nigerian National Petroleum Company Limited’s fuel price deal, the House of Representatives Minority Caucus has described the N980 per litre of pump price as outrageous and exploitative. Chairman of the caucus, Kingsley Chinda, said the development was a burden added […]
Dantata visits Maiduguri, donates ₦1.5bn to flood victims Elder stateman and business mogul, Alhaji Aminu Alhassan Dantata, has donated N1.5 billion to victims of the flood which ravaged parts of Maiduguri, Borno state capital. Dantata made the donation when he led a delegation from Kano to Government House, Maiduguri, […]
Happy birthday to a great and amazing boss. We are so glad to work and learn under your guidance.We are really fortunate to be able to work with a great boss like you. Wishing you long life and prosperity boss. courtesy Kano Branch.
Human rights lawyer, Femi Falana, SAN, says it is illegal for the Nigerian National Petroleum Company Limited, NNPCL, to determine the price of Premium Motor Spirit, also known as petrol, for the Dangote Refinery after deregulation. Falana, who said this in a statement on Tuesday, added that the action of […]
The National Identification Number (NIN) enrollment rate has slowed to an average of 648,888 per month in 2024 (January–September), down from 1.05 million per month during the same period in 2023. This slowdown is happening amid an ongoing service upgrade aimed at expanding the NIN database capacity from 100 million to 250 […]
The economy of the European Union (EU) comprises about 449 million people and 27 Countries. The European Union has the third largest economy in the world, accounting for one-sixth of global trade. The European Union operates as a single market of 27 countries allowing the free movement of goods, services, […]
Operatives of the National Drug Law Enforcement Agency, NDLEA, have taken into custody a wanted alleged drug baron, Alhaji Suleiman Ganiu Aremu (a.k.a Barryshine) two years after coming under the radar of the anti-narcotics agency. Suleiman who is the Managing Director/CEO of Barryshine Suleiman Nigeria Ltd came under the agency’s […]