June 13
Nigeria: MultiChoice Records Loss As Subscribers Decline
MultiChoice's net asset position, also called shareholders' fund, turned negative at ZAR1.1 billion after its liabilities exceeded its assets at the end of the financial year. Read more »
Nigeria: Trade Union Dispute - Lingering Amidst Worsening Economic Indices
Even with the potential increase in the minimum wage of Nigerian workers, the economic challenges that have plagued the country since the era of former President Muhammadu Buhari… Read more »
Africa: $100 Billion Investment Needed Annually to Meet Africa's Electricity Demand - Official
She explained that Africa is being faced with several challenges including a low electrification rate, low agricultural yields, the lowest integration rate, and a deficit in… Read more »
Nigeria: One Dead, Two Others Rescued in Anambra Building Collapse
The building, which was still under construction, collapsed at about 3 a.m. on Wednesday. Read more »
June 12
Nigeria: Three Trapped As Five-Storey Building Collapses in Anambra
The building, which was still under construction, collapsed at about 3 a.m. on Wednesday. Read more »
Nigeria: Nigerian Govt Bids to Host $5 Billion Africa Energy Bank
Hosting the bank in Nigeria, according to the government, will ensure proximity to key energy technocrats and experts, which is essential for formulating and implementing effective… Read more »
Nigeria: Minimum Wage - NLC Denies Tinubu's Claim On Agreement, Insists On N250,000
President Tinubu, in his nationwide broadcast earlier on Wednesday, said that he would soon forward a bill on an agreed National minimum wage to the National Assembly. Read more »
Nigeria: Banking Industry Workers' Union Expresses Concerns Over Heritage Bank Staff's Future
The union expresses concerns over the fate of its members in Heritage Bank, saying that they should not be unfairly treated. Read more »
Nigeria: Why We Did Not Clamp Down On Labour Over Nationwide Strike - Tinubu
PREMIUM TIMES reported the nationwide strike by the two major labour unions, NLC and TUC, and their affiliates. Read more »
June 11
Nigeria: Petrol From Dangote Refinery to Hit Market By July - Dangote
Mr Dangote explained that the date change was due to a delay that prompted the shift from the originally proposed date of June to mid-July. Read more »
Nigeria: Nigeria's Marketing, Communication Spending Reached N605.2 Billion in 2023 - Report
The top three contributors to marketing communication spending were cable TV, digital media, and creative and content production. Read more »
June 12
Nigeria: Despite Tinubu's Promises to Revamp Agriculture, Farmers Say They Face More Hardship
Mr Tinubu has only spent a quarter of his four-year tenure, but millions of Nigerians including farmers are already questioning his ability to implement his agriculture promises. Read more »
June 11
Nigeria: Enugu Tackles EEDC Over Power Disconnection Notice, Demands Refund of Govt's Investments
This is happening hours after the Enugu State Government allegedly sealed some offices of the EEDC in the state. Read more »
Nigeria: CBN Disengages 16 Directors Following Implementation of Obaze Report
Insiders said sixteen directors were relieved of their duties following the implementation of the CBN special investigator's report, which accused a number of the bank's staff of… Read more »
Nigeria: Access Bank Acquires African Banking Corporation of Tanzania
Access Bank plans to combine ABCT with the consumer and private banking business of Standard Chartered Bank Tanzania when acquired to create an enlarged entity within the Tanzanian… Read more »
Nigeria: Tinubu, Keyamo Record Progress in Aviation Sector Amidst Challenges
Aviation experts say that if lingering concerns undermining the industry are addressed, Nigeria can develop a robust and efficient aviation sector. Read more »
June 10
Nigeria: Tripartite Committee Submits Report to Govt
President Tinubu inaugurated the 37-member committee headed by Bukar Aji, on 30 January, in line with the Minimum Wage Act, 2019. Read more »
Nigeria: NLC Criticises Governors Calling for Less Than N60,000 Minimum Wage
NLC said the governors calling for less than N60,000 as minimum wage "do not mean well". Read more »
Nigeria: How AIG and Wigwe Reinvented Access Bank and Redefined Finance in Africa, By Raphael Adewoye
In 2002, the acquisition of Access Bank was finalised with Aig-Imoukhuede and Wigwe approved as Managing Director and Deputy Managing Director, respectively. Their revolutionary… Read more »
Nigeria: Minimum Wage - NLC, Tuc to Meet, May Resume Strike - Official
Labour suspended its strike for one week to resume negotiations with the government on the proposed minimum wage. Read more »
June 09
Nigeria: State Creation, New Minimum Wage, Other Top Stories From House of Reps
A request for the creation of Orlu State in the South-east geo-political zone was introduced in the lower chamber. Read more »
June 10
Nigeria: Mbaka Advocates N62,000 Minimum Wage for Nigerian Legislators, Governors
Mr Mbaka queried why labour get N62, 000 as minimum wage amidst high inflation while legislators and governors amass billions of naira as allowances. Read more »
June 09
Nigeria: EU's Planned Sanction On Methane Emissions Heightens Pressure On Nigeria
The 5.3 billion cubic metres of natural gas that oil companies flared in Nigeria in 2022 can fill 177 million units of 12.5 kg cylinders. Read more »
Nigeria: Refinery - How Dangote Shamed Past Nigerian Govts - Akpabio
The Senate President says Mr Dangote stunned skeptics by establishing a refinery some nations cannot build. Read more »
Nigeria: Inside Illegal Operations of Mining Firm Responsible for Ibadan Fatal Explosion
On the evening of 16 January, an explosion rocked Ibadan, the Oyo State capital. According to the state government, five lives and properties worth billions of Naira were lost to… Read more »