President Bola Tinubu has asked the military to change its tactics and mindset against insurgents who are deploying “unconventional” techniques. According to a statement by Dele Alake, special adviser on special duties, communications and strategy, Tinubu spoke on...
The Federal Government recorded a revenue shortfall of N13.33bn from gas flaring penalties issued against oil and gas firms in January and February 2023. The Federal Government would impose $49m (N22bn) fine on oil and gas firms operating...
The management of the University of Lagos, Akoka, Lagos State has reportedly increased fees for undergraduate students in the institution. This was contained in a statement dated July 20, 2023, by the Senior Staff Association of Nigerian Universities,...
Doctors in Cross River state have begun an indefinite strike over the abduction of their colleague. On Thursday, Ekanem Ephraim, a medical doctor with the University of Calabar Teaching Hospital (UCTH), was abducted by gunmen at her residence....
President Bola Ahmed Tinubu yesterday explained how Africa can maintain its relevance in a competitive global arena. He said African countries should be active to compete globally, affirm and defend their continental unity, and reject what he described...
Rising food and energy costs combined with currency depreciation has pushed Nigeria’s inflation rate to the highest point in 18 years. Inflation rate, which stood at 22.41 per cent in May, rose for the sixth consecutive month to...
From the Central Bank of Nigeria (CBN) yesterday came a directive to International Money Transfer Operators (IMTOs): pay dollars received through Diaspora remittances to domestic beneficiaries in naira. A circular to banks, IMTOs and the public by CBN...
President Bola Tinubu has declared a state of emergency on food security in Nigeria. This was made known by his spokesman Dele Alake during a briefing with journalists on Thursday. Alake said the President is not unmindful of...
The Debt Management Office (DMO) says Nigeria has redeemed a $500 million Eurobond on its due date, July 12, 2023. Eurobond is a debt instrument that’s denominated in a currency other than the home currency of the country...
The Nigeria Labour Congress and the Trade Union Congress have thumbed down the N500bn palliative proposed by President Bola Tinubu, stating that it is grossly inadequate to assuage the hardships confronting workers sequel to the fuel subsidy removal....
