Nationwide Strike Grounds Nigerian Economy: Airports, Electricity, and Government Offices Shut Down
As a nationwide strike initiated by labor unions, including the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) began in Nigeria on Monday, June 3, 2024, there has been significant repercussions across various sectors of the country’s already…
Manufacturers Attack CBN, Accuses Apex Bank Of Prioritising Financial Sector Over Real Sector
Nigerians in the manufacturing sector have accused the Central Bank of Nigeria (CBN) of prioritising the financial sector over the real sector in the manner it has been deploying its monetary policy options. Citizens in the sector under the aegis…
NASCON Grows Turnover by 37%, Assures Shareholders of Continuous Growth, Value Creation
NASCON Allied Industries Plc has assured its shareholders of continuous growth and value creation in 2024. The Company gave the assurance at its 2023 Annual General Meeting held yesterday in Lagos. Speaking to shareholders, the Chairperson of NASCON, Yemisi Ayeni…
The Economic Importance of Date Palm: A Fruitful Investment
The date palm, scientifically known as Phoenix dactylifera, is a symbol of abundance and prosperity in many cultures around the world. This ancient tree has been cultivated for thousands of years for its sweet and nutritious fruit, as well as…
Why Petrol Scarcity May Worsen In Coming Days – Independent Marketers Reveal
…Threaten Withdrawal Of Services Over Unpaid Debts Baring special, but urgent, intervention by President Bola Ahmed Tinubu, the current scarcity of premium motor spirit (PMS), also known as petrol, across the country may worsen in coming days if independent petrol…
Minister Urges Mineral-rich African Countries To Use Reserves As Equity To Avoid Impoverishing Debt Trap
The Minister of Solid Minerals Development, Dr. Oladele Alake has urged mineral- rich African countries to use the proven mineral reserves of their countries as equity in joint ventures instead of taking loans that worsen the plight of their people….
Tinubu To Qatari Investors: My Administration Removing Bottlenecks, Enhancing Nigerian Economic Systems
President Bola Tinubu has assured the international business community that Nigeria is ready for serious business as his administration will deal decisively with any and all entrenched interests in the country who undermine investor confidence, pledging to remove all bottlenecks…
EFCC Arrests Pastor Founder Of Theobarth Over N1.3bn Fake Grants, Money Laundering
Operatives of the Economic and Financial Crimes Commission, EFCC, have arrested the founder of the Theobarth Global Foundation and the General Overseer of Faith On The Rock Ministry International, Apostle Theophilus Oloche Ebonyi, for defrauding church members and other Nigerians…
Press Release: Again, Vandals Cause Collapse Of Tower T388 Along Jos-Bauchi 132KV Transmission Line
The Transmission Company of Nigeria (TCN) hereby states that its tower number 388 along the Jos-Bauchi, 132kV Single Circuit transmission line was vandalised, resulting in its collapse. The incident, suspected to have occurred on the first of February, 2024, at…
Pi Network Launches Pi Commerce Hackathon
On the heels of a successful PiFest event in December 2023, where thousands of Pioneers participated from 155 countries, it became evident that the Pi community, both merchants and customers, is enthusiastic to engage in Pi transactions within their communities,…
