Category: Others

May 12
ASUU strike: Ngige, Gambari to lead FG delegation as talks with union resumes today

The Academic Staff Union of Universities (ASUU) has revealed that talks are set to resume with the Federal Government today after a breakdown in negotiations a few days ago. This was disclosed in a statement by the Union on Wednesday night. It revealed that the Chief of Staff to the President, Prof. Ibrahim Gambari alongside the Minister of […]

Apr 28
FG partners Femadec Group to deploy gas-powered mass transit buses in Abuja from May 5

The Federal Government in collaboration with a private firm, Femadec Group, will commence the deployment of compressed natural gas-powered mass transit buses in Abuja with effect from May 5. This is part of efforts to actualise the Federal Government’s autogas policy which was launched by President Muhammadu Buhari in December 2020. According to NAN, this […]

Apr 26
Russia warns US against supplying more weapons to Ukraine

Russia has warned the United States to stop sending more arms to Ukraine saying that large Western deliveries of weapons were inflaming the conflict and would lead to more losses. The warning is coming a few days after President Joe Biden of the United States pledged $800 million in more weaponry for Ukraine and said […]

Apr 20
Nigeria’s inflation hits 15.92% as food, energy prices soar

Nigeria’s consumer price inflation rose in March amid soaring food prices, the National Bureau of Statistics (NBS) said in its report Friday. The consumer price index (CPI), which measures inflation, increased to 15.92 percent in March from 15.70 percent recorded in February. It is the highest rate in five months. The increase was recorded against the backdrop of […]

Apr 20
Cost of preparing Jollof rice in Nigeria up 7.3% amid insecurity, fuel scarcity

The average cost of making a pot of Jollof rice for a family of five in Nigeria rose from N8,007 in the third quarter of 2021 to N8,595 at the end of the first quarter of 2022, a new report by SB Morgen has shown. The 7.3 percent increase was recorded against the backdrop of rise in […]

Jul 08
Ex-finance minister, Kemi Adeosun, reacts to court verdict on NYSC certificate forgery

Nigeria’s former Minister of Finance, Mrs Kemi Adeosun, has reacted to the court judgement that cleared her of allegations of National Youth Service Corps (NYSC) certificate forgery. In her reaction, Adeosun said that she has been vindicated by the judgement of a Federal High Court in Abuja, after admitting the traumatic spell she passed through […]

Dec 18
Bank debts of oil & gas, power firms hit N5.85tn —NBS

The indebtedness of oil & gas and electricity companies in the country to banks as of third quarter end climbed by N200 billion to N5.85 trillion, data obtained from the National Bureau of Statistics (NBS) on Thursday showed. The N5.85 trillion debt constituted 29.44 per cent of the total exposure of banks to the private […]

Sep 11
How we are solving rising unclaimed dividend in Nigerian capital market – DG SEC

Harmonizing a single unique identity management system and updating the details of investors, are some of the elaborate ways the Nigerian capital market is solving the rising issue of unclaimed dividend, according to Lamido Yuguda, director-general of the Securities and Exchange Commission (SEC). This has meant the exchange, working for hand in gloves with the […]

Sep 11
School resumption: Only terminal students of tertiary institutions will resume Sept. 14 – Lagos govt

As tertiary institutions in Lagos State reopen Monday, September 14, the state government says final-year students will go back to the classrooms before students on other levels. Tokunbo Wahab, special adviser on education to the state governor, made this known on Thursday while featuring on Channels Television’s Sunrise Daily programme. Schools in the country had […]

Sep 08
Green Sahara farm to invest N250m for agricultural production in Nasarawa

The Green Sahara Farms (GFS) says that it has concluded plans to facilitate a N250 million investment in agriculture that would boost agricultural production in Nasarawa State. The Managing Director of the farm, Suleiman Dikwa disclosed this while opening up a Rural Regeneration and Enhancement (RERE) aggregation centre in Keana Local Government of the state. […]