In Shambles! Nigeria’s Education Is Nosediving or On the Brink, as Details of JAMB Results Tell The recent revelation by the Joint Admissions and Matriculation Board (JAMB) has brought to light a staggering humanitarian crisis within Nigeria’s education system. The disclosure that 1.4 million students, constituting 77 per cent of those who took the 2024…
The president of the Nigeria Labour Congress (NLC), Comrade Joe Ajaero, has revealed the rationale behind the union’s demand for a new national minimum wage of N615,000. In a statement issued in Abuja, Comrade Ajaero explained that the figure was derived from a comprehensive assessment of the cost of living for Nigerian workers and the…
The Federal Government has announced the introduction of a School-to-Work scheme aimed at equipping young school learners with life-long skills and entrepreneurship for self-reliance. Dr. Hamid Bobboyi, the Executive Secretary of Universal Basic Education Commission (UBEC), who revealed this on Thursday said that the scheme is targeted at junior secondary school learners and is designed…
Nigerian military troops have re-arrested 17 out of the 119 inmates who escaped from the Suleja Correctional Centre in Niger state. The Director of Defence Media Operations, Major General Edward Buba, announced this development on Thursday in Abuja, stating that the arrests were made on April 24 when troops responded to the incidents and cordoned…
The Federal Government has announced that it will cease granting licenses to gas companies that lack the capability to construct pipelines for gas distribution. This decision comes in the wake of a tragic gas explosion in Abeokuta, the Ogun State capital, which resulted in the loss of life. Minister of State for Petroleum Resources (Gas),…
The interior ministry of Kenya, on Thursday reported a rise in the death toll from the devastating floods, with 188 people losing their lives due to severe weather conditions. The ministry also stated that 125 individuals have been injured, 90 are missing, and 165,000 have been displaced as a result of the heavy rains, floods,…
The Nigeria Deposit Insurance Corporation (NDIC) has made significant changes to the Maximum Deposit Insurance Coverage that applies to banks in Nigeria. The Managing Director of the NDIC, Bello Hassan, introduced the new coverage standards during a press conference in Abuja. The minimum capital requirements for Deposit Money Banks, Microfinance Banks, Primary Mortgage Banks, and…
The National Bureau of Statistics (NBS) has unveiled a comprehensive report detailing the total capital importation into the country over the past five years. According to NBS, the total capital importation into the country over the past five years has seen a significant decline. Starting from 2019 with $23.99 billion, the figures dropped to $9.68…
The Competition and Consumer Protection Tribunal in Abuja has ordered that its interim order, restraining MultiChoice Nigeria Limited from increasing DSTV tariff, be pasted at the firm’s “corporate headquarters or any known address of the branches of MultiChoice Nigeria Limited across Nigeria.” The chairman of the tribunal, Saratu Shafii, who made the order dated April…
Commercial banks in Nigeria have closed 2.021 million bank accounts in the first quarter of 2024, (Q1’24), to clean their books of questionable accounts and comply with regulatory orders on the linkage of bank accounts to the National Identity Number, NIN. The Nigerian Interbank Settlement System, NIBSS in its recent report disclosed this fact, which…
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