Costs
JUSUN gives condition to end strike
The striking Judiciary Staff Union of Nigeria (JUSUN) has rejected the 36 state governors’ proposed template for the implementation of judiciary’s financial autonomy being demanded by the workers.
NLC kicks against removal of petrol subsidy
The Nigerian Labour Congress on Thursday insisted that petrol subsidy must not be removed and that it would not shift grounds on this position until Nigeria’s refineries were fixed.
World Bank: $540 billion remittance flow reaches low-middle-income countries in 2020
A World Bank report says officially recorded remittance flows to low- and middle-income countries reached 540 billion dollars in 2020, 1.6 per cent below the 2019 total of 548 billion dollars.
TCN investigates as nation’s power grid collapses again
The nation’s electricity grid yesterday suffered another system collapse, throwing Nigerians into darkness and leaving businesses to hook on to alternative electricity sources.
World Bank: Nigeria responsible for over 40 percent diaspora remittances in Sub Saharan Africa
In a statement on Wednesday, the Washington-based financial institution said remittances to SSA declined by an estimated 12.5 percent in 2020 to $42 billion. The decline was almost entirely due to a 27.7 percent decline in remittance flows to Nigeria,
China’s population to hit ‘turning point’ in 2026-2030 – think tank
China is expected to reach a "turning point" between 2026 and 2030 with its population plateauing or even shrinking as fewer babies mean a slow down and then a reversal in the momentum of growth, a state think tank said on Wednesday.
Two transgender Cameroonians jailed for ‘homosexuality’
Two transgender Cameroonians were sentenced on Tuesday to five years in prison in Cameroon, where gay sex is illegal, for "attempting homosexuality", their lawyer told AFP.
Oliver Kahn rules Bayern Munich out of race to sign Erling Haaland in summer...
Haaland has established himself as one of the most prolific frontmen in Europe since joining Borussia Dortmund in January 2020, and is attracting attention from a number of top clubs heading into the summer transfer window.
Ever Given insurers say Egypt’s $600 million claim still too much, as ship remains...
The insurer of the Ever Given has said that Egypt's reduced $600 million compensation demand is still too high.
Food now very costly in Benue – residents
Benue, a central Nigerian state which prides itself as “the food basket of the nation” is experiencing scarcity as costs of food items skyrockets, according to some residents of Makurdi, the state capital.
Power generation woes in Ivory Coast and Ghana hit industry and neighbours
A drop in electricity generation in Ivory Coast and Ghana has left households and businesses fuming as well as cutting power supplies to neighbouring West African countries Mali and Burkina Faso, officials said.
China demographic crisis looms as population growth slips to lowest ever
China’s population grew at its slowest since the 1950s as births declined, sowing doubt over Beijing’s ability to power its economy as it succumbs to the same ageing trends afflicting developed nations like Japan.
LCCI chief: Nigeria’s debt profile unsustainable
The Director-General of the Lagos Chamber of Commerce and Industry, Muda Yusuf, says Nigeria’s debt profile is unsustainable.
UN chief seeks second term
The current UN Secretary-General, António Guterres, has laid out his case for a second, five-year term to the Member States.
Cristiano Ronaldo, Zlatan Ibrahimovic face off in battle for Champions spot
Dethroned Juventus host AC Milan on Sunday in a clash of former Serie A title hopefuls now fighting to qualify for the Champions League.
Wanted Rivers ‘gang leader’ accuses PDP leaders of plot to eliminate him
A suspected gang leader, popularly known as General Kumasi declared wanted by Governor Nyesom Wike over involvement in killing and criminal activities in Ahoada West local government area of Rivers State has blamed politician for his ordeal.
NNPC: We’ll commission rehabilitated PHC refinery in 2023
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mr Mele Kyari, has assured Nigerians that the Port Harcourt Refinery Complex (PHRC) will roar back to life on or before April 5, 2023 when repairs would have been completed.
Labour warns Nigerian government over plans to slash workers’ salaries
Workers’ umbrella body, the Nigeria Labour Congress (NLC), on Wednesday condemned reported moves by the Federal Government to adjust payrolls as part of measures to tame the expenses of running the country.
House to probe e-ticketing of Abuja-Kaduna train service
The House of Representatives is to investigate the efficiency of the Abuja-Kaduna rail line e-ticketing, less than four months after the launch of the platform.
Kaduna debunks claims salaries of political appointees gulp personnel cost
The Kaduna State Government has debunked claims that the salaries of political appointees gulp a large chunk of the personnel cost of the state.
Rising oil price puts more pressure on NNPC’s finances
Crude oil extended its gains at the weekend after closing at a six-week high with signs of strengthening demand in key markets, thereby piling more pressure on the ability of the Nigerian National Petroleum Corporation (NNPC) to contribute to the Federation Account.
NERC approves five-year performance improvement plan for Discos
The Nigerian Electricity Regulatory Commission (NERC) has approved a five-year Performance Improvement Plan (PIP) and Capital Expenditure (Capex) benchmark for Distribution Companies (Discos), expected to run from July 1, 2021, to June 30, 2026.
Recent Stories
Christian Pulisic: Chelsea battle ready to overcome Leicester City at Wembley
Chelsea midfielder, Christian Pulisic has revealed that the team is battle-ready to overcome Leicester City in today’s FA Cup clash at Wembley Stadium.
Police arrest suspects over murders in Osun
A statement by the State Police spokesperson, Yemisi Opalola, said that about 30 hoodlums at 5:30p.m. on Thursday, attacked the residence of Wakili Olayiwola in Ede, Osun, shooting sporadically into the house before setting a car ablaze.
Report: Barcelona open to selling Antoine Griezmann for the right price
Italian Sky Sports journalist Matteo Moretto has proclaimed that Barcelona are willing to sell French superstar Antoine Griezmann in the summer if they were to receive an adequate offer, in order to try and ease the pressure on their accounts.
Oyo council polls: OYSIEC to refund nomination fees to candidates
Oyo State Independent Electoral Commission (OYSIEC), has expressed its readiness to refund the sum of N50,000 for Councillorship candidates and N250,000 for Chairmanship candidates as stated on Time-Table and guidelines released for local government council elections, coming up in the state.
Official: Lagos government has completed more than 1097 school projects
The Lagos State Government has completed more than 1,097 school projects covering 970 schools across the State, just as it has also ensured the upgrade and rehabilitation of 322 dilapidated public schools and the furnishing of Primary Schools with 87,000 dual composite unit of chairs and desks in two years.
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Delta: Man apprehended for stabbing 15-year old girl
A middle-aged man has been arrested by the Police in Asaba, the Delta State capital for allegedly stabbing a 15-year old girl, Omelagu Chidinma at the neck region, below her lower jaw for reportedly refusing his love advances.
Senate fixes dates for zonal hearings on constitution review
The Senate has said its planned zonal public hearing on the review of the 1999 Constitution, would hold from May 26 to 27.
Bayelsa moves to commence commercial flights with Ibom Air
The Bayelsa State Government has opened partnership discussions with the Akwa Ibom State Government on the use of Ibom Air to start commercial flight operations at the Bayelsa International Airport.
Lagos inaugurates classrooms in 20 council areas
Gov. Babajide Sanwo-Olu of Lagos, on Friday in Lagos, said education remained the most veritable tool for wealth creation.
Low turnout of workers in Osun after Eid-el-Fitr
There was a low turnout of workers in Osogbo, Osun, on Friday after the Wednesday and Thursday public holiday declared by the Federal Government.