Middle-Class Woes: Cardinal Onaiyekan Tasks Tinubu On Policy Review Amidst Economic Hardship
Cardinal John Onaiyekan, former Archbishop of Abuja Catholic Archdiocese, has sounded the alarm on Nigeria’s economic crisis, emphasizing the need for a policy review to alleviate the suffering of the middle class. Speaking on the sidelines of a Marian Concert…
Nigerians’ Perception of NNPCL’s Stand on Dangote Refinery Fuel Wrong — Says Chairman, Skymark Energy and Power LTD
… Maintains that Prices Are Determined by International Market Forces The Chairman and Chief Executive Officer (CEO) of Skymark Energy and Power Limited, Muhammad Saleh Hassan, has taken a swipe at critics that are passing flaks on the NNPCL and…
Nigeria’s Solid Minerals Sector Gets $1 Billion Boost As Iron Ore to Steel Project Set to Transform Economy
In a groundbreaking move, the Federal Government has welcomed a $1 billion iron ore to steel project in Kogi State, poised to revolutionize Nigeria’s solid minerals sector. The project, a joint venture between Chart and Capstone Integrated Limited and Sinomach-He,…
ALGON Collaborates with Presidency as NDDC, WHO, Others Endorse Primary Health Care Revitalization in 774 LGAs and Councils
In a landmark event aimed at revitalizing primary healthcare delivery in Nigeria, the Association of Local Governments of Nigeria (ALGON) has collaborated with the Presidency, Niger Delta Development Commission (NDDC), World Health Organization (WHO), and other stakeholders to launch a…
Financial Woes: Nigerians’ Savings Depleted, Debt Levels Soar Amidst Rising Costs – CBN Survey Reveals
A recent survey by the Central Bank of Nigeria (CBN) has revealed that Nigerians are resorting to depleting their savings and accumulating debt due to the persistent rise in prices of goods and services. Despite this, many remain optimistic about…
NNPC Limited’s N2.7tn Subsidy Claim Under Scrutiny: External Auditor to Verify Legitimacy
The Federal Government has initiated plans to engage an external auditor to verify the Nigerian National Petroleum Company Limited’s (NNPC) N2.7 trillion fuel subsidy claim. This move aims to determine the actual amount owed by the government, following a previous…
National Gas Expansion Programme Appoints Hon Moses Nomeh as Chairman to Boost Grassroots Development
In a significant move to accelerate grassroots development and capacity building, the National Gas Expansion Programme (NGEP) has inaugurated Hon Moses Nomeh, Deputy National President of the Association of Local Governments of Nigeria (ALGON), as its Chairman. This strategic appointment…
Unity Bank Empowers Youth through Digital Literacy and Innovation
Unity Bank Plc has reaffirmed its commitment to supporting youth empowerment and technological innovation, creating opportunities for Nigerian youths to thrive in the digital economy. The bank recently hosted a high-impact webinar, “Exploring the Role of Digital Technology in Sustainable…
Peter Obi Demands Full Explanation for Seizure of Presidential Jets, Calls for Transparency and Accountability
The Labour Party’s Presidential Candidate in the 2023 election, Peter Obi, has condemned the seizure of three Presidential Jets by a French Court, describing it as an international embarrassment. Obi expressed his disappointment on his social media handle, criticizing the…
Nigeria’s External Reserves Decline to $36.620bn Amidst Economic Hardship
Amidst economic woes that fueled high cost of living and a recent nationwide hunger protests, Nigeria’s external reserves have decreased by 0.68% to $36.620bn as of August 12, 2024, from $36.872bn recorded on August 7, 2024, according to data from…