Despite Economic Turbulence Multichoice Repatriates $184 Million from Nigeria
Amid economic downturn in the country, Pay-TV behemoth, Multichoice Group, has successfully repatriated a staggering $184 million from Nigeria in the fiscal year ending March 2024. Nigeria has been experiencing economic challenges and currency fluctuations that have gripped the nation…
Businessman’s Trial over Alleged N15.8m Oil Fraud Adjourned As EFCC Arrests 18 Illegal Mining Suspects
Justice Mojisola Dada of the Special Offences Court sitting in Ikeja, Lagos, on Thursday, June 13, 2024, adjourned till June 19, 2024 adoption of final written addresses in the alleged N15,800,000.00 (Fifteen Million, Eight Hundred Naira) fraud involving one Balami…
FG Urges Labour to Settle For What Will Not Undermine Economy, Lead to Mass Retrenchment
The Minister of Information and National Orientation, Mohammed Idris, has urged Organised Labour to settle for a national minimum wage that will not undermine the national economy and lead to mass retrenchment of workers. Idris who appealed while declaring open…
FG, Cross-River Deepen Cooperation To Address Illegal Mining
The Federal Government and Cross-River State are enhancing their collaboration to sanitise the mining sector and address the issue of illegal mining operations in the state. Speaking while receiving Cross-River State Governor, Sen. Bassey Otu, in his office, Alake, highlighted…
Terror Strikes Energy Towers: Maiduguri Left Without Power in Repeat Vandalism
In a disheartening act of destruction, the Transmission Company of Nigeria (TCN) has reported the deliberate demolition of two key towers, T193 and T194, on the Damaturu-Maiduguri 330kV Single Circuit Transmission Line. This act of vandalism has resulted in a…
Summary of 20 Mind-blowing Recommendations from Presidential Fiscal Policy and Tax Reforms Committee
The Mr Taiwo Oyedele led Presidential Fiscal Policy and Tax Reforms Committee, have made 20 key recommendations considered to be bold and audacious aimed at transforming the Nigerian business environment and economic landscape. If implemented, these recommendations will have far-reaching…
2024 Hajj: Last Flight Departs Nigeria As Return Journey Begins June 22
The final outbound flight for the 2024 Hajj has departed Nigeria in the early hours of June 10th, 2024, from Abuja, the Federal Capital Territory, bound for Madinah. Onboard were approximately 211 remaining pilgrims from Zamfara, Sokoto, Kebbi, Bauchi, FCT,…
Governors, Labour Unions Kick As FG Proposes N62, 000.00 Minimum Wage for Nigerian Workers
In a move that has sparked widespread debate, the Federal Government of Nigeria has proposed a new national minimum wage of N62,000.00, a figure that has been met with resistance from state governors and labour unions alike. The proposal, which…
Collapsed Mine: Alake Condoles Victims, Vows To Enforce Miners’ Insurance
The Minister of Solid Minerals Development, Dr. Dele Alake has reaffirmed the federal government’s commitment to enforcing insurance policy for mine workers in Nigeria. Representing President Bola Tinubu on a condolence visit to Niger State Governor, Hon. Umar Bago, in…
NAFDAC Arraigns 3, Firm For Alleged Production Of Fake Drugs In Kano
The National Agency for Food and Drug Administration and Control (NAFDAC) has arraigned three persons and a company over alleged manufacturing and selling of counterfeit drugs in Kano. The defendants are Amao Gideon, Alumona Okwudila and Hillary Chigozie with the…
Arguments for and Against As Nigeria’s Finance Minister Submits N105,000 New Minimum Wage Template Proposal To Tinubu
In a bold move to address the long-standing issue of fair wages, Nigeria’s Finance Minister, Wale Edun, has submitted a proposal for a new minimum wage template to President Bola Tinubu. The proposed figure stands at N105,000, marking a significant…
