Job loss
17 hours ago
Reports that more than 30,000 jobs have been lost following the closure of 15 manufacturing companies in Nigeria are alarming, and they send all the wrong signals about the parlous state of the country’s economy. While such reports are not new in recent times, they nevertheless signpost the urgent need for an official rethink of…
Latest
35 mins ago
Nigerian singer, Rema, was recently spotted dining with the players of the Spanish football club Barcelona. Pictures of Rema enjoying a meal with the Barcelona football players were posted on the club's official X (formerly Twitter) handle on Tuesday. Some of the players that were captured in the photographs having dinner with Rema were star…
43 mins ago
Mr Emmanuel Olowu, Chairman, Democracy Vanguards in Osun, has announced the suspension of the nationwide protest in the state to give room for a peaceful celebration of the Osun-Osogbo festival. Olowu disclosed this in an interview with the News Agency of Nigeria (NAN) in Osogbo on Tuesday. NAN reports that the festival, which had quietly…
52 mins ago
The National Commission for Almajiri and Out-of-School Children's Education (NCAOOSCE) has expressed concern over children's participation in the ongoing #EndBadGovernance protests in Nigeria. While acknowledging the fundamental right to freedom of assembly and expression, the Commission raised the alarm that children's involvement in the demonstration would expose them to harm and violence. This is coming…
1 hour ago
It was a disappointing outing for Team Nigeria in the women’s 200 metres final of the Paris Olympic Games on Tuesday as Favour Ofili’s missed out on a podium finish. Running in lane nine, the 21-year-old finished in sixth place in a time of 22.24 seconds, which was not enough to land her a medal.…
1 hour ago
President Bola Tinubu has approved the appointment of seven persons to head strategic agencies and programmes under the Federal Ministry of Humanitarian Affairs, Disaster Management and Social Development. The appointment is to facilitate the needed relief to Nigerians and ensure the effectiveness of humanitarian and social development programs. Accordingly, Dr. Badamasi Lawal is appointed Chief…
1 hour ago
The International Telecommunications Union (ITU) has advised the government to streamline the regulatory roles of the Nigerian Communications Commission (NCC) and the National Information Technology Development Agency (NITDA) to address multiple regulations in the digital space. The global telecom body stated this in its report on Nigeria, titled: ‘Collaborative Regulation: Accelerating Nigeria’s Digital Transformation’,…
1 hour ago
The 2024 Video Music Awards (VMAs) is set to celebrate Afrobeats music with the newly introduced "Best Afrobeats" category. It is one of the most anticipated and competitive categories of the night. Leading the charge in this category are some of the genre's biggest stars. They include Davido and Lojay, Burna Boy, Tems, Ayra Starr…
1 hour ago
The Central Bank of Nigeria (CBN) has granted approval for the proposed merger between Unity Bank Plc and Providus Bank Limited. CBN’s spokesperson, Sidi Ali Hakama, disclosed this in a statement on Tuesday evening. READ ALSO:EXPLAINER! Fitch Ratings: Is Dangote Industries going bankrupt? Hakama said this strategic move is designed to bolster the stability of…
2 hours ago
A delegation from Russian nuclear giant Rosatom began a four-day stay Tuesday to Burkina Faso to discuss the construction of a power plant which could ramp up electrification in the western African state. The two countries's governments have forged close relations since a military regime headed by Captain Ibrahim Traoré seized power in a September…
2 hours ago
Libya's National Oil Corporation said Tuesday it was reducing oil production in the Al-Sharara oilfield, which provides a quarter of the country's output, following an attempted shutdown by protesters. The NOC announced in an official statement the "start of a partial reduction in production" from the oilfield. It announced a "force majeure" following "protests from…