Naira Devaluation
25 Sep
Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has urged the Federal Government to increase its stake in Dangote’s Refinery from seven per cent to at least 45 per cent to enable assurance and energy security.
17 Apr
Just last week, Nigeria’s local manufacturing sector was dealt a huge blow as one of the biggest brewers in the country, Nigerian Breweries, announced that it is suspending operations in two of its nine breweries.
14 Feb
Three companies under the Fast-Moving Consumer Goods (FMCG) – BUA Foods, Flourmills and Cadbury Nigeria – have incurred over N140 billion due to last year’s naira depreciation.
9 Feb
The organised labour, following persistent hardship across the country, yesterday, issued the Federal Government 14 days ultimatum to honour its part of the October 2, 2023 agreement reached with labour to address the ‘massive suffering’ caused by the hike in petrol prices and naira devaluation.
Latest
3 mins ago
Israel's Defence Minister Israel Katz told the UN's Lebanon envoy on Tuesday that any breach of a ceasefire deal that the security cabinet is set to vote on would result in Israel acting "forcefully". "If you do not act, we will do it, forcefully," Katz told envoy Jeanine Hennis-Plasschaert when meeting her in Tel Aviv,…
5 mins ago
The Delta State Police Command has arrested three suspects accused of targeting ‘runs girls’ in clubs, robbing them, and sexually assaulting
7 mins ago
The Economic and Financial Crimes Commission (EFCC) has arrested former Kogi Governor Yahaya Bello after honouring the invitation of the commission over an alleged misappropriation of funds. Bello went to the office with his lawyers on Tuesday morning, following the Supreme Court judgment which dismissed states' cases on the constitutionality of the anti-graft agency. The…
12 mins ago
Former Kogi State Governor Yahaya Bello appeared at the headquarters of the Economic and Financial Crimes Commission (EFCC) over alleged misappropriation of funds. Bello, accompanied by his legal team, arrived at the EFCC office in a black Hilux vehicle early Tuesday morning. This appearance follows a recent Supreme Court ruling that upheld the constitutionality of…
16 mins ago
The Conference of Ethnic Tribes and Minorities (COETAM) in Nigeria insists that without credible data, Nigeria's development would surely be hindered. Led by Comrade Patrick Ameh, the group, in a statement on Tuesday, stressed the urgent need for the government to conduct another national exercise to accommodate the sudden population explosion and correct the defects…
16 mins ago
Bestselling British-American writer Barbara Taylor Bradford, whose debut novel "A Woman of Substance" turned her into an overnight success
24 mins ago
Members of the House of Representatives have thrown their weight behind the decision to relieve Mr Yakubu Danladi Umar of his duties as the Chairman of the Code of Conduct Tribunal (CCT) for allegedly indulging in a public brawl with a security guard at the Banex Plaza Shopping Complex, Abuja, recently. The decision followed the…
35 mins ago
Head of Business Technology and Digital Innovation at Central Securities Clearing System (CSCS) Plc, Mr Tobe Nnadozie, has revealed the role digital innovation is playing in expanding the capital market and the economy. He made the disclosure recently in Ibadan, Oyo State, during the Annual Chartered Institute of Stockbrokers’ Conference 2024. According to him, the…
46 mins ago
Mr. Bullah Bi-Allah, the Director of Information, Secretary, Research and Information (SR&I), National Assembly, has denied the purported budget presentation by President Bola Tinubu on Wednesday. Bi-Allah said this in a statement in Abuja on Tuesday following the news making the round that the president was billed to present the budget on Wednesday, Nov. 27.…
55 mins ago
The world's oldest man, Briton John Tinniswood, has died aged 112 at the care home where he lived in Southport, northwest England, Guinness World Records said on Tuesday, quoting his family. Tinniswood was born in Liverpool on August 26, 1912, and died on Monday. He became the world's oldest man in April following the death…