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< 1 mn read Recent developments suggest that fish supplies in Nigeria might face shortages due to the abandonment of consignments at various seaports. Industry sources attribute this issue to foreign exchange crises and increased port charges, which have elevated the landing costs of fish. Vicky Haastrup, Chairman of the Seaport Terminal Operators of Nigeria (STOAN) and CEO of […]

< 1 mn read Approximately 1.6 million Nigerians are currently working under forced labour, according to the International Labour Organisation (ILO). The ILO’s report, titled “Acting against Forced Labour: an Assessment of Investment Requirements and Economic Benefits,” reveals that liberating these individuals and integrating them into the formal workforce could lead to a global GDP increase of $611 billion. […]

< 1 mn read The Federal Inland Revenue Service (FIRS) is set to advance Nigeria’s tax system by introducing various incentives designed to integrate informal sector players into the tax framework. FIRS Executive Chairman, Zacch Adedeji, outlined these plans during a Private Sector Stakeholders’ Engagement in Lagos, organized by the Lagos Chamber of Commerce and Industry (LCCI) and FIRS. […]

< 1 mn read As schools across Nigeria resume for the new academic session, many parents are grappling with the financial strain caused by the recent hike in petrol prices. This increase has led to a rise in costs associated with education, including transportation, school supplies, and tuition fees. In Lagos, where many families rely on private vehicles or […]

< 1 mn read The Nigeria Labour Congress (NLC) has condemned the ongoing developments between the Nigeria National Petroleum Corporation Limited (NNPCL) and Dangote Refinery, labeling them as fraudulent. NLC President, Joe Ajaero, attributed the recent price disputes between NNPC and the refinery to government policy inconsistencies. Ajaero criticized the lack of choice and competition in a deregulated economy, […]

< 1 mn read The Chief of Defence Staff, General Christopher Musa, the Police, and the Nigeria Security and Civil Defence Corps (NSCDC) have issued a stern warning to anyone planning to disrupt the Edo State governorship election. They have committed to ensuring that the election is conducted in a free, fair, and credible manner. General Musa emphasized the […]

2 mn read The Stakeholders in Blockchain Technology Association of Nigeria (SiBAN), led by President Obinna Iwuno, has reiterated its commitment to collaborating with regulatory bodies such as the Securities and Exchange Commission (SEC) and other relevant agencies. This partnership aims to build a structured and transparent blockchain ecosystem in Nigeria. As a self-regulatory organization, SiBAN is focused […]

< 1 mn read Peter Obi, the Labour Party (LP) candidate in the 2023 presidential election, has called on the Independent National Electoral Commission (INEC) and security agencies to ensure a free, fair, and credible governorship election in Edo State on September 21. Speaking at the grand finale rally for Olumide Akpata, LP’s candidate for the Edo governorship election, […]

< 1 mn read To address the issue of plastic waste, the Federal Government has introduced National Guidelines for the Plastic Waste Control Regulations under the Extended Producer Responsibility (EPR) Programme. This initiative also aims to establish a Plastic Packaging Registry in Nigeria. At a stakeholder consultation in Abuja, Minister of State for Environment, Dr. Iziaq Adekunle Salako, represented […]

< 1 mn read According to Save the Children (SCI) Nigeria, approximately 150,000 children are currently residing in 26 Internally Displaced Persons (IDP) camps in Maiduguri, Borno State, following severe flooding that struck the region last week. Many of these children are separated from their families. The Federal Government has mobilized a specialized team from the Federal Ministry of […]

< 1 mn read Conflicting reports have arisen concerning the former Kogi State governor, Yahaya Bello, and his status with the Economic and Financial Crimes Commission (EFCC). Bello’s media office initially stated that he had voluntarily complied with the EFCC’s invitation, following consultations with his family, legal team, and political allies. According to their statement, Bello, who respects the […]

< 1 mn read The Nigerian National Petroleum Company Limited (NNPCL) has granted major petroleum marketers permission to begin lifting Premium Motor Spirit (PMS), commonly known as petrol, from the Dangote Petroleum Refinery. This move aligns with the existing agreement between NNPCL and the refinery. Under the initial agreement, NNPCL is designated as the sole distributor of the refinery’s […]

< 1 mn read The Nigerian Institute of Science Laboratory Technology (NISLT) has criticized the National Board for Technical Education (NBTE) for its handling of affairs related to Science Laboratory Technology (SLT) graduates from polytechnics in Nigeria. The NISLT, responsible for licensing practitioners in the sector, has raised several concerns about the NBTE’s actions. In a statement by Yemi […]

< 1 mn read Renowned philanthropist Hajiya Halimat Tejuosho has contributed N15 million and various relief materials to victims of the recent flooding disaster in Borno State. This donation underscores her ongoing commitment to alleviating the suffering of Nigerians through the Queen Adenike Tejuosho’s (QAT) Foundation. Tejuosho made the donation at Yerwa Central Primary School in Maiduguri, with the […]

< 1 mn read The Benue State House of Assembly has passed the 2024 supplementary appropriation bill of N170,894,473,135 into law. The bill was approved during a plenary session led by Speaker Mr. Hyacinth Dajoh, following a detailed examination. The new total fiscal estimate for 2024 now stands at N396,621,868,343, increasing from the initially approved budget of N225,727,395,206.97. This […]