Labour names representatives for FG’s minimum wage panel

Ahead of negotiations for the payment of a new minimum wage scheduled to commence in April 2024, the organised labour has submitted a list of its representatives who will represent Nigerian workers on… 19th January 2024

TV host, Chude Jideonwo emerges TIERs new board chair

Popular host of a weekly interviews series #WithChude, Chude Jideonwo, has been named the new Board Chairman for The Initiative for Equal Rights. The Nigeria-based non-for-profit organisation was esta… 19th January 2024

Emefiele impersonated SGF to illegally obtain $6.2m – EFCC

The Federal Government has for the third time amended the criminal charges it filed against the immediate-past Governor of the Central Bank of Nigeria, Godwin Emefiele. In the latest amended charge ta… 19th January 2024

Russian oil depot on fire after Ukrainian strike- Governor

A fire raged at an oil depot on Friday, in the Russian region of Bryansk bordering Ukraine following a drone strike. The regional governor, Alexander Bogomaz disclosed this on Friday. Bogomaz added th… 19th January 2024

Don’t be influenced by external pressure, Nasarawa women urge S’Court

Ahead of Friday’s judgment in the Nasarawa State governorship appeal, some women from the state have appealed to the apex court to remain independent of external pressure and influence while del… 19th January 2024

75% Nigerian pregnant women have low blood – CMD

The Chief Medical Director, Lagos University Teaching Hospital, Prof. Lanre Adeyemo, says three out of every Nigerian pregnant woman have anaemia, which is the medical term for blood shortage. Speakin… 19th January 2024

Mutfwang makes case for Plateau lawmakers sacked by Appeal Court

Plateau State Governor, Caleb Mutfwang, has called for justice and fairness for all the Peoples Democratic Party’s lawmakers in the state whose elections were nullified by the Court of Appeal. The g… 19th January 2024

IG presents N2bn to families of deceased cops in Abuja

The Inspector-General of Police, Olukayode Egbetokun, on Thursday, presented N2.08bn cheques to families of police officers who died in active service in the last five years. Presenting the cheques to… 19th January 2024

Explosion: Monarchs commend Makinde’s swift response, PDP demands probe

Oyo State Council of Obas and Chiefs, on Thursday, condoled with Governor Seyi Makinde, the government, and the people of the state over the explosion that occurred in the Adeyi area of Bodija, Ibadan… 19th January 2024

N4.8bn fraud: EFCC opposes Ibeto’s appeal

The Economic and Financial Crimes Commission has asked the Court of Appeal in Lagos to dismiss an appeal filed by the Chairman of Ibeto Energy Development Company, Cletus Ibeto, seeking to nullify the… 19th January 2024

Ibadan explosion deaths rise to five, soldiers occupy site

The Oyo State government on Thursday said the number of fatalities from Tuesday’s explosion in Ibadan, the Oyo State capital, had risen to five. This was as a group of stern-looking soldiers, on Thu… 19th January 2024

Don’t dissolve Kano emirates, APC chieftain warns Yusuf

A chieftain of the All Progressives Congress in Kano, Alhajj Alhassan Yaryasa, has advised Governor Abba Yusuf against any attempt to sack the five Emirs in the state. Recall that the immediate past a… 19th January 2024

Troops rescue nine kidnapped passengers in Benue

Troops of Operation Whirl Stroke have rescued nine kidnap victims at Owukpa forest in the Ogbadibo Local Government Area of Benue State. The rescued kidnap victims were reported to have been abducted … 19th January 2024

Rivers traders protest, beg Fubara to re-open market, allocate shops

Hundreds of traders in Rivers State trooped to the Government House, Port Harcourt in protest, pleading with Governor Siminalayi Fubara to reopen the Rumu-Woji Mile One market in Port Harcourt. The tr… 19th January 2024

One feared dead as gas explosion rocks Rivers community

One person was feared dead, while two others are in critical condition, following a gas explosion in Rumuewara community in Obio/Akpor Local Government Area of Rivers State. It was not clear what was … 19th January 2024

Pipeline protection: CDS asks media not to create conflict among security agencies

The Chief of Defence Staff, General Christopher Musa, has cautioned the media against creating ‘seamless enmity’ among the various security agencies engaged in the surveillance of oil pipelines in… 19th January 2024

Agric ministry to supply 40% residents’ food needs

The Lagos State Government, on Thursday, said its goal in the agriculture sector was to supply 40 per cent of the food needs of residents of the state to achieve food security in the state. The Specia… 19th January 2024

Foundation gifts Bayelsa students scholarships

The Henry Seriake Dickson Foundation has presented scholarship grants to over 859 students in tertiary institutions of learning under its Education Support Scheme, which started last year. The benefic… 19th January 2024

Edo poll: CRPP backs Okpebholo

Edo State chapter of the Coalition of Registered Political Parties has urged the Edo electorate to throw their weight behind the aspiration of Senator Monday Okpebholo in the forthcoming governorship … 19th January 2024

Anyaoku unveils museum to mark 91st birthday

A former Commonwealth Secretary-General, Chief Emeka Anyaoku, on Thursday, unveiled a library and museum at his Obosi country home in the Idemili North Local Government Area of Anambra State. Anyaoku … 19th January 2024

S’Court delivers judgments on five governorship appeals today

Supreme Court: Abiodun, Adebutu learn fate today

NANS asks FG to declare state of emergency on securi

Opposition faults Rivers Assembly over resigned commissioners’ re-screening, confirmation

Tambuwal’s appointees took away 745 govt vehicles – Sokoto panel

Foundation trains over 300 Ondo youths in ICT

BUSINESS NEWS

Lagos ports battle corruption amidst electronic call-up system bottlenecks

In this piece, ANOZIE EGOLE examines how operators can leverage advanced technology to boost the efficiency of the electronic call-up system and tackle the corruption that has characterised the platfo… 19th January 2024

Nutri-Yo eyes 25% market share

Yoghurt brand, Nutri Yo has unveiled an improved identity as it targets 25 per cent of the industry’s market share by 2027. In a statement, the rebranding ceremony was held recently in Lagos, where … 19th January 2024

Abbey Mortgage Bank affirms readiness for recapitalisation

Abbey Mortgage Bank Plc has expressed worry over the high non-performing loans in the mortgage industry. The Managing Director of the bank, Mobolaji Adewumi, stated this on Thursday during a ‘Facts … 19th January 2024

Nigerians urged to explore German employment initiative

Skilled and qualified Nigerians have been advised to take advantage of the German Initiative for Knowledge Transfer eV, Chancenkarte job, to migrate legally to Germany and secure jobs. The new Country… 19th January 2024

AEDC signs tripartite deal on energy solutions

Abuja Electricity Distribution Plc has signed a tripartite agreement with Daystar Power Solutions Limited and Wood Factory Limited, to deliver its first grid-connected and solar hybrid power solution … 19th January 2024

Eterna Plc appoints new CFO

An integrated energy provider, Eterna Plc, has announced the appointment of Allu Kamiyo as its new chief financial officer effective Tuesday. According to a corporate notice filed with the Nigerian Ex… 19th January 2024

LCCI asks FG to tackle inflation

The Lagos Chamber of Commerce and Industry has called on the Federal Government to tackle the country’s growing debt profile, accelerating inflation and foreign exchange illiquidity, which has been … 19th January 2024

Manufacturers spent N2tn on raw material imports – NBS

Manufacturers spent about N2tn to import raw materials for production needs in the first nine months of 2023, data from the National Bureau of Statistics has shown. The NBS’ Foreign Trade Statistics… 19th January 2024

Flour Mills to reward innovators

Flour Mills of Nigeria Plc has commenced the third season of the FMN Prize for Innovation. According to a statement from the firm, the theme for this season’s campaign is ‘Driving Food Self-Suffic… 19th January 2024

Lilypond Customs process $702m export cargoes, says controller

The Nigeria Customs Service, Lilypond Export Command, said it processed 688,097 metric tonnes of export with free-on-board value of $701.8m in 2023. The Customs Area Controller of the command, Ajibola… 19th January 2024

Lagos pays N57bn to 16,340 retirees

The Lagos State government has paid N57.7bn to 16,340 pension benefits to retirees since May 2019 till date. This was revealed by the Commissioner for Establishments and Training, Mr Afolabi Ayantayo,… 19th January 2024

NAFDAC launches narcotic drugs initiative

The National Agency for Food and Drug Administration and Control has launched the Narcotic Drugs Serialisation Pilot Project, in a bid to strengthen the quality and security of medical products in the… 19th January 2024

FG plans over $3tn for energy transition

The Minister of State for Petroleum Resources (Oil), Dr Heineken Lokpobiri, has disclosed that Nigeria will spend a total sum of $3.1tn to transit from fossil fuel to cleaner and renewable energy. Lok… 19th January 2024

Oil firms, Unity Bank lead as equity market cap hits N50tn

Eterna Plc, Conoil Plc, Nem Insurance and John Holt Plc led the gainers chart on Thursday, appreciating by 10 per cent, as the market capitalisation of the Nigerian Exchange hit N50.289tn. This is a n… 19th January 2024

‘Youth empowerment vital to economic growth’

Empowering the nation’s teeming youth is vital to job creation and by extension economic growth, a non-governmental organisation, Youth Liberation Initiative, has said. The NGO made this known while… 19th January 2024

81% of business leaders back open financial market – Report

About 81 per cent of business leaders in Nigeria have hailed the impact of an open financial market. This was one of the highlights of the latest Standard Chartered Bank’s Resetting Globalisation: C… 19th January 2024

KEDCO eyes 100 mini-grids for stable power supply

Kano Electricity Distribution Company has revealed plans to attain 24-hour electricity supply within its Kano, Katsina and Jigawa franchise states with mini-grids. It stated that it would be building … 19th January 2024

BUSINESS NEWS

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