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In a keynote address at the 2024 Nigeria International Energy Summit (NIES) in Abuja, President Bola Tinubu provided insights into the decision to remove the subsidy on petrol, emphasizing the necessity for transparency and accountability in the energy sector. Acknowledging the hardship caused by the subsidy removal, President Tinubu assured the nation that the decision […]
The Central Bank of Nigeria, CBN has raised its benchmark interest rate, the Monetary Policy Rate MPR to 22.75 per cent. This represents 400 basis points from the current 18.75 percent. CBN Governor, Mr. Olayemi Cardoso disclosed this at the end of the Monetary Policy Committee, MPC meeting held in Abuja today. Recall that […]
Former Kaduna Senator Shehu Sani has issued a stern warning to President Bola Tinubu regarding the looming specter of job losses in the federal civil service as a result of the full implementation of the Oronsaye report. Tinubu recently mandated the complete execution of the report from the Presidential Committee on the Rationalisation and Restructuring […]
The Federal Ministry of Information and National Orientation has disclosed the list of government agencies to be affected by the forthcoming implementation of the Stephen Orosanye report. 1. National Salaries, Income and Wages Commission will be absorbed into the Revenue Mobilisation and Fiscal Commission, pending constitutional amendment by the National Assembly. 2. The Infrastructure Concession […]
The Nigerian Labour Congress (NLC) kicks off a two-day nationwide protest today, February 27, 2024, following unsuccessful negotiations with the Federal Government. A government delegation, led by George Akume, engaged with NLC and Trade Union Congress (TUC) leaders on Monday night, but talks ended without resolution. NLC President Ajaero emphasized the peaceful nature of the […]
In a late-night meeting between the Federal Government and Organised Labour, held at the State House in Abuja, negotiations hit a deadlock on Monday evening. “The rally goes on and it is part of their constitutional responsibility to ensure that the rally is peaceful,” declared Joe Ajaero, President of the Nigeria Labour Congress (NLC), following […]
President Bola Tinubu has announced plans to implement the Stephen Oronsaye report, aimed at creating a leaner government by merging and scrapping numerous government agencies. Presidential spokesperson Bayo Onanuga confirmed the president’s decision, stating that after twelve years since the submission of the Oronsaye panel report and the subsequent issuance of a white paper two […]
Nigeriens and members of the Northern Senators Forum have welcomed the decision by the Economic Community of West African States (ECOWAS) to lift some of the sanctions imposed on Niger Republic following last year’s military coup. The sanctions, including a no-fly zone, border closures, and asset freezes, were imposed in July after Niger’s president, Mohamed […]
As Apple’s iPhone development roadmap unfolds, glimpses into the future of smartphone technology emerge. The iPhone 17 series, slated for a September 2025 release, promises groundbreaking advancements set to redefine the mobile experience. Here are six rumored features that have enthusiasts eagerly awaiting Apple’s next flagship lineup: Under-Display Face ID Expected debut in the iPhone […]
The Henley Passport Index, Nigerians can now explore 45 countries visa-free, as per their latest rankings. Despite this, Nigeria ranks 95th out of 104 countries listed with powerful passports. The Henley Passport Index relies on data from the International Air Transport Association (IATA) and research from Henley & Partners. According to their findings, Ghana, Guinea, […]
