Neveah raises workers’ salaries by 44%
Neveah Limited, an indigenous commodities export company, has announced a significant 44 percent increase in the salaries of its employees,…
Category: Local
Nigerians experience relief as prices of sugar, Indomie, others drop
The recent reduction in food prices, particularly for items like noodles, sugar, rice, beans, and others, comes as a welcome…
FG Begins Talks with Aircraft lessors
The Federal Government is actively engaging with aircraft leasing and manufacturing companies to boost local investments in Nigeria’s aviation sector.…
New Nominees for Enugu State Electricity Regulatory Commission
Governor Peter Mbah of Enugu State has nominated Mr. Chijioke Okonkwo for the position of Chairman/Chief Executive Officer of the…
Senate Urges Thorough Investigation into N30tn Loans
Senate President Godswill Akpabio has urged the panel members investigating the N30 trillion “Ways and Means” loans secured from the…
CIBN Prepares to Induct 336 New Chartered Bankers
The Chartered Institute of Bankers of Nigeria (CIBN) is gearing up to induct 336 new members as chartered bankers, according…
FG Unveils Conditional Grant Scheme for Traders
The Federal Government has introduced a Presidential Conditional Grant Scheme (PCGS) aimed at empowering nanobusinesses as part of the Presidential…
ICAO Begins Audit at Lagos, Abuja Airports ahead of Certifications
The International Civil Aviation Organisation (ICAO) has initiated an audit of the Murtala Muhammad International Airport (MMIA) and Nnamdi Azikiwe…
Muslims observe Ramadan amidst high living cost, power outages
Muslims across Nigeria are observing Ramadan fasting amidst a backdrop of heatwaves, high living costs, and power shortages. Despite these…
Anger as Nigerian Airport is Named after Tinubu
A decision to rename Minna International Airport after President Bola Tinubu has sparked criticism in Nigeria. The government of Niger…
Governors Assures Action on Food Crisis and Economic Hardship
The Nigeria Governors’ Forum (NGF) comprising governors from all thirty-six states has pledged to tackle the challenges of food crisis,…
Court Orders Final Forfeiture of Exotic Cars ‘Stolen’ from Canada
A Federal High Court in Lagos has issued a final forfeiture order for 36 luxury cars that were reportedly stolen…
Allegations of Budget Padding Cause Panic Among Senators
A former deputy leader of the Senate and current lawmaker from Bauchi State, Abdul Ningi, has stirred up controversy by…
Nigerian Workers Await New Minimum Wage
Lqst Thursday marked the commencement of discussions on the new minimum wage across Nigeria, sparking hope among Nigerian workers. The…
Vitafoam Nigeria Plc Shareholders Approve N1.95 Billion Dividend
At the 62nd Annual General Meeting (AGM) of Vitafoam Nigeria Plc in Lagos, shareholders unanimously approved the company’s initial declared…
African Alliance Vows to Prioritize Stakeholder Satisfaction
African Alliance Insurance reaffirms its dedication to surpassing the expectations of its stakeholders, particularly during these challenging times. The company…
Demand for Transpower, FBNH drive NGX ASI up by 2.61%
Nigeria’s stock market witnessed a resurgence of positive sentiments fueled by strong demand for shares of Transpower, FBN Holdings, and…
President Tinubu Orders Return of Seized Food Items to Owners
President Bola Tinubu has instructed the Nigeria Customs Service (NCS) to return food items seized at various border communities to…
Bank of Industry Disburses $6.02 Million to Women
The Bank of Industry (BOI) has announced the disbursement of $6.02 million out of its $10 million investment commitment to…
Exchange Disparity Narrows to 0.4%
Following recent market reforms and interventions by the Central Bank of Nigeria (CBN), there are indications of improvement in the…
AfDB President Unveils $25 Billion Agriculture Investment Plan
Dr. Akinwumi Adesina, President of the African Development Bank (AfDB), is committed to tackling Africa’s food insufficiency challenge head-on. He…
Nigeria’s Inflation to Reach 30.3% by Year’s End- EIU
The Economist Intelligence Unit (EIU), a renowned London-based firm specializing in forecasting economic trends and political dynamics worldwide, has projected…
PenCom Denies Granting N10 Trillion Loan to FG
Mrs. Aisha Dahir-Umar, the Director-General of the National Pension Commission (PenCom), refuted reports claiming that the commission provided a N10…
Airline Operators Face Decline in Domestic Passengers
Nigeria’s airline operators are experiencing a challenging period characterized by a decline in the number of domestic passengers, as revealed…
Tinubu Signs Executive Orders on Oil, Gas Reforms
President Bola Tinubu has signed new rules to make Nigeria a prime destination for investments in the oil and gas…
No Worker Can Survive in Nigeria with Less than N100,000 Monthly – House of Reps
The Nigerian House of Representatives has expressed concern over the inadequate minimum wage for workers in the country, asserting that…
Firm Launches Gas Initiative for Boat Operators
Blue Gas Marine, a US-based company, has introduced compressed natural gas (CNG) for operating passenger boats and ferries in Nigeria.…
24 States Can’t Pay Salaries without FG Allocation – Budgets
A recent investigation by The PUNCH reveals that at least 24 states in Nigeria may struggle to pay workers’ salaries…
Toilet Paper, Soap Among Nigeria’s Top Import from UK in 2023
Here’s a breakdown of the top 5 imported goods from the United Kingdom to Nigeria in the last six months…
MTN and Airtel Increase Investments Despite Economic Challenges
Despite Nigeria’s economic challenges, two major telecommunication giants, MTN Nigeria Communications Plc and Airtel Africa Plc, bolstered their investments in…