The Presiding Judge, Enugu Judicial Division of the National Industrial Court, Hon. Justice Oluwakayode Arowosegbe has declared that there is no room for extension of probation period in Nigeria and that Chiamaka was deemed confirmed from the moment she reached 6 months at the place of work, which was the […]
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Dangote Refinery Seeks Billions Of Dollars To Import Crude Oil
Africa’s richest person, Aliko Dangote, has started discussions with some foreign banks to secure billions of dollars for crude oil importation. The Africa Finance Corporation (AFC), a pan-African development lender is one of the institutions involved in the talks to raise money, according to Financial Times, FT. The report noted Dangote Refinery […]
Petrol Price Cuts May Force Nigeria’s Inflationary Pressures Down – Economist
Nigerian economists and financial analysts say the recent drop in price of Premium Motor Spirit (Petrol) upon direct fuel purchase deal between Dangote Refinery and Independent Petroleum Marketers Association of Nigeria may force inflationary pressures down in the coming months. Former President of the Council of the Chartered Institute of […]
Wike Approves ₦70,000 Minimum Wage For FCT Workers
Federal Capital Territory (FCT) Minister, Nyesom Wike, has approved the payment of ₦70,000 as the new National Minimum Wage for all staff of the FCT Administration, News360 Nigeria reports. This announcement was made by the Acting Head of the Civil Service of FCT, Mrs. Grace Adayilo, on Tuesday in Abuja, in a […]
Tinubu Seeks Senate’s Approval Of Fresh ₦1.767 Trillion External Borrowing
Nigeria’s President Bola Tinubu has written to the National Assembly to approve a fresh N1.767 trillion as a new external borrowing plan in the 2024 appropriation act. According to the president, the loan is based on an exchange rate of N800 to $1. Tinubu’s request was read by the speaker, […]
APC Sweeps Ogun LG Poll, Wins All Chairmanship, Councillorship Seats
The Chairman of the Ogun State Independent Electoral Commission, Babatunde Osibodu, declared the All Progressives Congress the winner of the Saturday Local Government elections in the state in the early hours of Sunday. Osibodu said the “APC won all 20 local government seats and 236 councillorship wards in the state.” He […]
NDLEA Intercepts Hard Drugs Concealed In Food Items, Arrest Masterminds At MMIA,
Attempts by drug syndicates to export large consignments of cocaine, methamphetamine and opioids through the Murtala Muhammed International Airport, MMIA, Ikeja Lagos and the Nnamdi Azikiwe International Airport, NAIA, Abuja to the United Kingdom, Italy, Turkey and Qatar have been thwarted by operatives of the National Drug Law Enforcement Agency, […]
Tinubu Heads To Brazil For G20 Leadership Summit
President Bola Tinubu will depart Nigeria for Brazil on Sunday for the 19th meeting of the G20 Leaders’ Summit. Disclosing this, Tinubu’s Special Adviser on Information and Strategy, Bayo Onanuga, said the president’s latest trip is at the instance of the Brazilian President and current President of the group, Luiz Inacio […]
FG Services IMF, Others’ Debt With $1.36bn – DMO Report –
The Federal Government has spent $1.36bn to service outstanding debts owed to 12 international and multilateral creditors in the first six months of 2024. This is according to an analysis of data from the public debt reports released by the Debt Management Office. The figure for payments made between January […]
Nigeria Vs Rwanda: AFCON 2025 Qualifier
AFCON 2025 Qualifier Nigeria vs Rwanda Date: Monday 18th November Time: 5;00pm Venue: Godswill Akpabio Stadium Uyo Nigeria