News

Long queues for Premium Motor Spirit, popularly called petrol, are beginning to resurface at filling stations in Lagos and Ogun states, and in few other locations in South-Western states. Although The PUNCH gathered that queues […]

Swedish technology firm, Ericsson, has reaffirmed its commitment to Africa by concluding its leadership-led delegation engagement with key partners, customers, country stakeholders and industry leaders in Nigeria. Ericsson said it was ready to harness the […]

Agusto & Co, a leading rating agency, said the banking industry’s loan book rose by 27 per cent in the 2022 financial year, a feat spurred by increased activities at the differentiated cash reserve requirement […]

Lagos State Deputy Governor, Obafemi Hamzat, has been decorated as an ambassador of the University of Ibadan (UI). The investiture took place, yesterday, during a courtesy call to Hamzat by a delegation from the institution […]

Bureau de Change (BDC) operators may be on a collision course with the Central Bank of Nigeria (CBN) over market infractions, market intelligence suggests. Already, there is an engagement between the regulator and the Association […]

Army officers have appeared on national television in Gabon on Wednesday to announce they have taken over power in the West African country, BBC reports. They said they were annulling the results of Saturday’s election, […]

President Ahmed Tinubu has said he cannot give order to state governors on how to distribute the palliatives the Federal Government is giving to states to cushion the effects of removal of fuel subsidy. The […]

The resolution was reached today, when the Chief of Army Staff (COAS), Lieutenant General Taoreed Lagbaja received in audience, the United Kingdom (UK) Minister of State for Armed Forces and Veterans, Mr James Steven Heappey […]

Despite gulping N101.744 billion in three years (2021 to 2023), the country’s space programme has failed to send an unmanned mission to space, a target it set for itself by 2022, with indications that it […]

The stormy clouds of war are gathering ominously over the dreary landscape of the Sahel after troops of the Economic Community of West African States (ECOWAS) yesterday stated its readiness to participate in a standby […]

The documentation on the newly-appointed ministers will commence on Saturday. The exercise is expected to end on Sunday, August 20. In a statement on Thursday by the Permanent Secretary, General Services, Office of the Secretary […]

The organised labour has knocked the Federal Government for releasing a N180bn palliative package to states to cushion the impact of the fuel subsidy removal. The Nigeria Labour Congress and the Trade Union Congress insisted […]

The Nigeria Labour Congress on Monday warned that its members will commence a nationwide strike without any formal notice if marketers increased the pump price of petrol without concluding the ongoing negotiations. The NLC President, […]

Following the tumbling of the naira at the parallel market in recent times, the Central Bank of Nigeria has started introducing foreign exchange intervention measures aimed at clamping down on currency speculators in the foreign […]

The Nigeria Labour Congress (NLC) and its civil society allies have threatened to embark on immediate industrial action if the pump price of petrol is increased from its current N617 per litre. This is just […]

Nollywood actor Joseph Benjamin has revealed the reason behind his decision to become a cab driver in the United States Of America. Benjamin 46, who relocated to America in 2016, revealed while appearing on the […]

The Central Bank of Nigeria has said the country’s inflation rate is better compared to most African nations. The acting Governor of the CBN, Folashodun Shonubi, stated this on Tuesday at the 2023 Zenith Bank […]

The leadership of the Nigeria Labour Congress (NLC ) has said the negotiation committee of the federal government deliberating on how to cushion the effect of the removal of fuel subsidy is incapable of meeting […]