June 06
Nigeria: Oil Price Drops Below Budget Benchmark, As Output Stagnates
There are indications that Nigeria's 2024 national budget may have come under funding threats following sustained decline in oil price amidst stagnation in crude oil output level. Read more »
Nigeria: Passengers Stranded As Abuja-Kaduna Train Derails
Several passengers were, yesterday, stranded, after a Kaduna-bound train from Abuja derailed at Asha station, in the Federal Capital Territory, FCT. Read more »
June 05
Nigeria: Nigerians Need All-Inclusive Government, Not Secret Society - NLC's Ndubuaku
The Head, Nigeria Labour Congress Political Wing, Theophilus Ndubuaku said Nigerians need an all-inclusive government, not secret society. Read more »
Nigeria: Niger Mining Collapse - 14 Miners Still Trapped - 6 Rescued So Far
More facts on what led to the collapse and death of some miners at a mining site in Niger State have emerged. Read more »
Nigeria: Strengthening National Capacities for Debt Mgt Crucial for Govt's Funding - Cardoso
The Governor of the Central Bank of Nigeria (CBN), Mr Yemi Cardoso, says strengthening national capacities for debt management is crucial for meeting the government's funding… Read more »
Nigeria: Nigeria's Current Account Balance Exceeds $1.432bn, Says IMF
Nigeria's current account balance has experienced a surplus of $1.432bn in 2024, according to a report by the International Monetary Fund (IMF). Read more »
Nigeria: Address Workers' Demands Within 7-Day Window, Labour Party Urges Govt
The Labour Party (LP) has appealed to the Federal Government to expedite actions to address the request of Nigerian workers within the seven-day window for renegotiation of the new… Read more »
June 04
Nigeria: Our Operations Significantly Hampered By Strike - - Domestic Airlines
Domestic airlines in the country said yesterday that the strike declared by Nigeria Labour Congress, NLC, and the Trade Union Congress, TUC, has significantly hampered their… Read more »
Nigeria: Nama Md Wants Reversal of 50 Percent Igr Deduction in Interest of Safety
The Managing Director of the Nigerian Airspace Management Agency, NAMA, Engr. Farouk Ahmed Umar, has appealed for a reversal of the 50% deduction from the agency's internally… Read more »
Nigeria: N1bn Transfer Scam - Detectives Spread Dragnet to Arrest Perpetrators, Finger Top Bank Officials
The police in Abuja have commenced investigations into the circumstances surrounding the transfer of about N1 billion by a bureau de change operator in Abuja, Shamsudeen Ahmed… Read more »
Nigeria: Pftr C'mittee Canvasses 1 Percent Revenue Cost of Collection
The Presidential Fiscal and Tax Reforms Committee is recommending a far-reaching cut in cost of revenue collection to one per cent. Read more »
Nigeria: Petrol / Landing Cost Rises 46.8 Per Cent to N1,026.71 - Investigation
·As economy loses N19 billion Read more »
Nigeria: Naira Abuse - EFCC Offers Whistleblowers 5 Percent Reward
In a bid to further strengthen its crusade against the abuse of the naira, the Economic and Financial Crimes Commission, EFCC, has announced a 5% reward for whistleblowers who… Read more »
Nigeria: Access Bank-Unicef Charity Shield Polo - Crown Polo, Mangal Cement Win Top Laurels
Two debutant teams, Crown Polo and Mangal Cement, displayed exceptional skill on Sunday during the 2024 Access Bank UNICEF Charity Shield Polo Tournament. As the event heads into… Read more »
June 03
Nigeria: Strike - Organised Labour Has Not Committed Any Offence, Falana Tells AGF
Human Rights Lawyer, Femi Falana, SAN, has reacted to the statement credited to the Attorney General of the Federation and Minister of Justice, Prince Lateef Fagbemi, SAN, where he… Read more »
June 04
Nigeria: Strike - FG Offers 'Above' N60,000 Minimum Wage As NLC/Tuc Revert to Organs
The Federal Government has said it is ready to pay higher than N60,000 as minimum wage, urging organized labour to take the offer. Read more »
Nigeria: Preventing Prolonged Labour Impasse
The "doomsday" was long expected because the two parties to the labour dispute did not approach it with enough spirit of compromise. Organised Labour - the Nigeria Labour Congress,… Read more »
Nigeria: UBA Sani Scores for Farmers
Kaduna State means business. Read more »
June 05
Nigeria: NDIC Commences Payment to Heritage Bank's Depositors This Week
Depositors of Heritage Bank (in liquidation) will be paid their insured deposits as from this week. Read more »
Nigeria: No Plans to Revoke Licences of More Banks - CBN
The Central Bank of Nigeria (CBN) says it has no plan to revoke the licences of more Deposit Money Banks (DMBs). Read more »
June 04
Nigeria: Labour Raises Alarm Over Influx of Foreigners Into Food, Beverage Industry
...warns against expatriate quota abuse Read more »
June 05
Nigeria: Minimum Wage - Give Costs to Govt Today, Tinubu Orders Finance Minister
PRESIDENT Bola Tinubu yesterday gave marching orders to the Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, to prepare the cost implications of a new… Read more »
Nigeria: Collapsed Niger Mining Site - We've Mobilized Our Officers, 7 Victims Rescued - Alake
FOLLOWING a crashed mining site in Galadima Kogo, Shiroro Local Government Area of Niger State, the Minister of Solid Minerals Development, Dr Dele Alake, disclosed that his… Read more »
June 04
Nigeria: Shutting National Grid Is a National Attack, Senate, Reno Omokri Chide NLC, TUC
Senate has faulted the shutting of the national grid by members of the Nigeria Labour Congress, NLC, and Trade Union Congress, TUC. Read more »
Nigeria: Minimum Wage - Compile Figures, Get Back to Me Immediately, Tinubu Orders Finance Minister
President Bola Tinubu on Tuesday gave a marching order to the Minister of Finance and Coordinating Minister of the economy, Mr Wale Edun, to come up with cost Implications on the… Read more »