Korede Abdullah in Lagos The Trade Union Congress (TUC) has threatened to embark on a nationwide strike if the Federal Government fails to reverse its recent approval of a 50% increase in telecommunications tariff. President of the TUC, Comrade Festus Osifo made this known during an interview on Channels Television’s Politics Today monitored by Africa…
…Livestock Minister, Maiha Commends Nestle By John Nwokocha, Abuja Nestlé Nigeria has invested over N1.8 billion in development of dairy and livestock industry of Nigeria. The significant investment in the development of the dairy industry of the country was disclosed during the unveiling of the Nestle Dairy Demonstration Farm in Gwagwalada in the Federal Capital…
A recent report by Rand Merchant Bank (RMB), a subsidiary of the FirstRand Group, has raised concerns about Nigeria’s economic outlook in 2025, highlighting the country’s heavy reliance on crude oil prices to sustain growth. The report outlines three possible scenarios for Nigeria’s GDP growth, with projections ranging from a modest 3.8 per cent to…
President Bola Tinubu has given Nigeria’s 2025 budget a significant boost, increasing the proposal from ₦49.7 trillion to a whopping ₦54.2 trillion, fuelled by fresh revenue streams. The budget adjustment was delivered to both the Senate and the House of Representatives via separate letters, which were read aloud by Senate President Godswill Akpabio during a…
Several attempts and efforts had been made to enhance rapid and smooth transportation experience in Lagos state by the governments, both past and present. Critics opined that there is still work to do. The current government under Governor Babajide Sanwo-Olu has delved into a novel project targeting an improved transportation sector, aligning with a popular…
Korede Abdullah in Lagos Nigeria’s foreign exchange reserves have taken a significant fall, declining by $1.16 billion in just three weeks. According to the Central Bank of Nigeria (CBN), the reserves dropped from $40.877 billion in December 2024 to $39.723 billion on January 31. This decline is a cause for concern, as it raises questions…
…China to Impose tariffs on US Imports The US Postal Service (USPS) said it has stopped accepting parcels from mainland China and Hong Kong until further notice as President Donald Trump administration moves to implement a set of tariffs regime. Details about the decision remain sketchy. Letters will not be affected by the suspension, said…
Hussaini Kafi in Kano Governor Abba Kabir Yusuf of Kano State has warmly received the Ambassador of the Republic of Tunisia to Nigeria, His Excellency Mohsen Antit, along with a high-powered delegation of government officials and business leaders. This was contained in a statement issued by the governor’s spokesperson, Sanusi Bature Dawakin Tofa, on Monday….
In a move to address Nigeria’s growing skills gap, the Tertiary Education Trust Fund (TETFund) and the Nigerian Academy of Engineering (NAE) have formalised a partnership aimed at revolutionising the country’s Technical and Vocational Education and Training (TVET) sector. The collaboration, marked by a Memorandum of Understanding (MoU) signed in Abuja on Monday, seeks to…
For years, Nigerians held onto the belief that refining crude oil locally would bring relief from soaring petrol prices. The hope was simple: eliminate fuel imports, cut out extra costs, and make petrol more affordable for all. Yet, even with the launch of the much-anticipated Dangote Refinery and the partial activation of the Port-Harcourt Refinery,…
