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12 mins ago
The Central Bank of Nigeria (CBN) has reintroduced the publication of several key economic reports. CBN’s spokesperson, Sidi Ali Hakama, disclosed this in a statement on Tuesday. The economic reports include the Purchasing Managers' Index (PMI), Business Expectation Survey (BES), Inflation Expectation Report, and other macroeconomic indicators. Hakama said the reports will provide stakeholders with…
20 mins ago
A 31-year old man, Tobi Adebare, was on Tuesday arraigned before an Iyaganku Chief Magistrates’ Court, Ibadan, for allegedly stealing an Iphone worth N270,000. READ ALSO:Oil theft: Army destroys 13 illegal refining sites, seizes stolen crude Adebare whose address was not given, is being charged with conspiracy and stealing. The Prosecutor, Insp Opeyemi Olagunju, told…
44 mins ago
The Human Rights Writers Association of Nigeria (HURIWA) has urged Northern political elites to heed the advice of the Minister of State for Defence, Dr. Bello Matawalle, by showing unwavering loyalty to President Bola Ahmed Tinubu's administration. The call followed growing concerns over the insecurity in the Northern region and the recent nationwide "#EndBadGovernance" protests,…
48 mins ago
President Bola Ahmed Tinubu has signed the Judicial Office Holders' Salaries and Allowances Bill into law. The Special Adviser to the President on Senate Matters, Senator Basheer Lado, disclosed this in a statement in Abuja on Tuesday. Lado said, “This extraordinary move underscores Mr President’s absolute prioritisation of the welfare of Nigerian workers above all…
50 mins ago
Global oil demand growth slowed in the second quarter of the year, primarily due to softer construction and industrial activity in China, the International Energy Agency said Tuesday. "Demand is set to rise by less than 1 mbd (million barrels per day) in both 2024 and 2025," said the IEA in its monthly oil report.…
54 mins ago
Japan's unprecedented megaquake advisory has prompted thousands of hotel cancellations in areas flagged as high-risk, dealing businesses a heavy blow in what would have been one of the busiest seasons, hoteliers said Tuesday. The weather agency said last week a huge earthquake was more likely in the aftermath of a magnitude 7.1 jolt in the…
1 hour ago
The resignation of Kabelo Gwamanda -- who held the job for less than 15 months -- means the city of at least 4.8 million people will get its eighth mayor in five years when his replacement is installed. READ ALSO:Nigerian automotive industry urged to seize opportunities Johannesburg, Dubai exhibitions Gwamanda had been under huge…
1 hour ago
Former President Goodluck Jonathan and former President Muhammadu Buhari are the two living former leaders of the country physically attending the inaugural Council of State meeting currently underway at the Presidential Villa, Abuja. The meeting of the former leaders is the first under the current administration, convened by President Bola Tinubu at the State House…
1 hour ago
South Africa's jobless rate rose to a near record in the second quarter of 2024, continuing a trend that has seen the number of unemployed people grow by more than 60 percent in ten years, official data showed Tuesday. The unemployment rate hit 33.5 percent between April and June, up by 0.6 percentage point from…