The Director-General, Manufacturers Association of Nigeria (MAN), Segun Ajayi-Kadir, has raised alarm over 18,000 jobs lost in 2024 due to the increasingly hostile business environment in the country. He also noted unsold goods inventory, which rose by 87.5 per cent to N2.14 trillion in 2024, as a result of low purchasing power, inflation and rising production costs. Ajayi-Kadir, who was the keynote speaker at the 2025 BusinessDay Manufacturing […]
The Federal Ministry of Communications, Innovation and Digital Economy has unveiled a Digital Village in the Ibwa 2, Kura community of Gwagwalada Area Council, Abuja, as part of its effort to expand digital access to underserved rural areas. The project, launched in partnership with Huawei Nigeria and Globacom, provides high-speed internet, e-learning tools, and telemedicine […]
Lasaco Assurance Plc has reinforced its commitment to youth empowerment, education, and meaningful community engagement with a visit to Agidingbi Primary School in Ikeja, Lagos. In a statement, the firm said that the visit was in commemoration of the 2025 Children’s Day. The visit was characterised by lively interactions, motivational talks, and the generous distribution […]
A war of words broke out on Thursday between the Minister of the Federal Capital Territory, Nyesom Wike, and Senator Ireti Kingibe over the recent sealing of properties in Abuja for failure to pay ground rent. Senator Kingibe, who represents the FCT in the Senate, criticised the clampdown as unconstitutional and high-handed. In a statement […]
President Bola Tinubu has signed an Executive Order aimed at slashing oil and gas projects’ costs, improving government revenue, and accelerating investment inflow into Nigeria’s energy sector. In a statement issued on Thursday by the Office of the Special Adviser to the President on Energy, the Federal Government said the directive introduces far-reaching fiscal reforms […]
The Nigeria Governors’ Forum has commiserated with the Niger State Government on the flood, which has claimed many lives in the Mokwa Local Government Area of the state. In a statement signed by the NGF chairman, AbdulRaman AbdulRazaq, on Friday, the forum said that it was shocked by the magnitude of the flood, which has […]
The Senate has approved the Rivers State 2025 budget for a second reading. The budget, which totals ₦1,480,662,592,442 trillion, was presented by the Senate Leader, Senator Michael Opeyemi Bamidele, on Wednesday. Bamidele explained that the Senate had assumed legislative powers over Rivers State following the declaration of a State of Emergency in the state. Supporting […]
Eight members of an anti-jihadist militia assisting the Nigerian military were killed on Tuesday when their vehicle hit a landmine in northeastern Borno state, sources from the group told AFP. Members of the militia were returning to the regional capital Maiduguri from the town of Marte in the Lake Chad area, where they had helped […]
The Economic Community of West African States (ECOWAS) has advanced efforts towards adoption of a single currency, known as the ECO. This was disclosed in Abuja, by the Minister of Foreign Affairs, Amb. Yusuf Tuggar, as a celebration of ECOWAS 50th anniversary reached its final state. Tuggar noted that while the adoption of ECO remained […]
President Bola Tinubu has appointed 36 individuals to fill vacancies on the governing councils of various Federal Universities, Polytechnics, and Colleges of Education. The Special Adviser to the President on Information and Strategy, Bayo Onanuga, disclosed this in a statement signed and released on Wednesday titled, ‘President Tinubu announces more appointments for federal institutions.’ The […]
