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Non-Academic Staff Union of Educational (NASU) and Associated Institutions has vowed to sustain its struggle until the federal government extends the retirement age it’s members across the country. Recall that former President Muhammadu Buhari on October, 2020 announced a special package and approved the extension of the retirement age of teachers from 60 to 65 […]

The Minister of Labour and Employment, Simon Lalong, has invited the leadership of the Nigeria Labour Congress (NLC) for a meeting tomorrow over the planned indefinite strike by the congress. Director, Press and Public Relations of the ministry, Olajide Oshundun said this in a statement on Sunday, September 17, in Abuja. The minister, who directed […]

The Minister for Women Affairs, Uju Kennedy-Ohanenye, on Sunday tendered an apology on the controversy which had trailed comments credited to her in a viral video concerning the sexual harassment scandal at the University of Calabar, saying she was committed to the justice. She also reaffirmed her commitment to safeguarding and advancing the rights and […]

The Federal Capital Territory Administration (FCTA) says it would start the demolition of illegal buildings within the Area 1 Shopping Complex on Monday, September 18. This is as the FCTA said that all the attachment shops and other illegal constructions, and wrong parking which hitherto made that place impassable to traffic would be removed and […]

*Justice Amina Augie Retires Sept 21 The number of Justices of the Court of Appeal will increase to nine on September 20, when the Chief Justice of Nigeria (CJN), Justice Olukayode Ariwoola administers the oath of office on them. However, the number of Supreme Court Justices will reduce by one to 11 with the retirement […]

The lawmaker representing Adamawa North Senatorial District, Senator Ishaku Abbo, has asserted that the Senate President, Godswill Akpabio, along with his associates, were the ones who disseminated the story about his rumored intention to impeach him. Abbo further added that the narrative was purportedly orchestrated by the Senate President to create discord between President Asiwaju […]

NGX Falls By N409bn as Zenith, GTCO Shares Plunge The Nigerian Exchange (NGX) equities market capitalisation shed by more than N409 billion in a week due to selloffs in Zenith Bank, and GTCO shares, dragging the Banking Index lower by 3.24%. While the surging inflation rate raised risk on naira assets in the fixed income […]

Investment Inflows to Telecom Jumps to $77bn –NCC Telecom Sector: Prof. Umar Danbatta, the Executive Vice-Chairman of the Nigeria Communications Commission (NCC), says telecoms investment inflow grew from $38 billion to $77 billion by the second quarter of 2023. Danbatta, who spoke in Kano on Saturday at a media parley, revealed that the sector had […]

NNPC, Indorama Partner on 800mscf Gas Supply, Industrialisation GAS: The Nigerian National Petroleum Company Ltd. (NNPC Ltd.) has signed a Memorandum of Understanding (MoU) with Africa Indorama Energy Petrochemical Ltd. to supply 800 million scuffs of gas to promote industrialisation in Nigeria. Malam Mele Kyari, Group Chief Executive Officer, NNPC Ltd., said this during the […]

AfDB, Korea Sign $28.6m Deal to Support Africa’s Development The African Development Bank and the Government of Korea signed two agreements for financial support to boost Africa’s development agenda. The value of the financing is $28.6 million. The funding complements $600 million in co-financing under the Korea-Africa Energy Investment Framework, agreed with the Korean government […]

AfreximBank Balance Sheet Expands by 8% to $30bn African Export-Import Bank (AfreximBank) has expanded its balance sheet size by 8% in the first half of the year to more than $30 billion, the multilateral financial institution said in its consolidated financial statements. The results demonstrate a strong and resilient performance, which was ahead of expectations, […]

Thirty-six year old Oyo Speaker Adebo Ogundoyin has emerged the new Chairman of the Conference of Speakers of State Legislatures of Nigeria. Ogundoyin, a member of the Peoples Democratic Party, (PDP), emerged at a national meeting of the Conference in Abuja following withdrawal of Ogun Speaker Taiwo Oluomo from the race. The appointment of Ogundoyin […]