adminSubsidy: Union directs colleges of education lecturers to work twice weekly
Lecturers under the aegis of the Colleges of Education Academic Staff Union on Wednesday announced that its members would only go to their respective campuses twice weekly till the…
Report: FAAC to share N1.959tr revenue in July — probably highest ever
The three tiers of government are set to share N1.959 trillion in July 2023 — probably a record, TheCable can report. This is nearly triple the N786.161 billion shared…
Nigeria’s inflation rate rises to 22.79% amid high food prices
The consumer price index (CPI), which measures the rate of change in prices of goods and services, rose to 22.79 percent in June 2023, up from 22.41 percent in…
What State Of Emergency On Food Security Means To Nigerians – Experts
The Executive Director of Beacon Security Consulting Agency, Kabiru Adamu, says that the declaration of a state of emergency on food security by President Bola Tinubu is a demonstration…
Senate Approves Tinubu’s $800m Request For Social Safety Net
The Senate, on Thursday, approved President Bola Tinubu’s request for the sum of $800 million loan as additional fund for the financing of the National Social Safety Net Programme…
FULL LIST: Osun, Imo, Kogi… 28 states attracted zero foreign investments in Q1 2023
Foreign investors overlooked 28 states as the value of capital importation into Nigeria grew by 6.78 percent in the first quarter of 2023, according to the National Bureau of…
Tinubu Appoints Taiwo Oyedele Chairman Presidential Committee On Fiscal Policy, Tax Reforms
President Bola Tinubu has appointed Taiwo Oyedele, the chairman of presidential committee on fiscal policy and tax reforms. President Bola Tinubu approved the establishment of the committee on Friday.…
NBS: Nigerians paying more as prices of yam, rice, beans skyrocket
As the prices of essential food items continue to skyrocket, Nigerians face an uphill battle in their fight against poverty. The soaring food inflation has exacerbated the poverty situation…
FG Announces Plans To Collect VAT From Market Traders, Others
The Federal Government, through the Federal Inland Revenue Service (FIRS), has announced plans to collect Value Added Taxes from the informal sector through the VAT Direct Initiative. The FIRS…
Subsidy removal: FG saves N400bn in four weeks
The Federal Government has so far saved about N400bn as a result of the removal of subsidy on Premium Motor Spirit, popularly called petrol, since May 31, 2023, when…
World Bank Approves Fresh $500 million Loan For Nigeria
The World Bank has approved a fresh $500 million loan for Nigeria to help improve the livelihood of women in Nigeria. Disclosing this in a statement, the World Bank…
Nigeria’s inflation rate rises to 22.41% amid petrol subsidy removal
The consumer price index (CPI), which measures the rate of change in prices of goods and services, rose to 22.41 percent in May 2023, up from 22.22 percent in…
Bolt, Uber drivers begin strike over low fares, 25% commission rate
E-hailing drivers under the aegis of the Amalgamated Union Of App-Based Transport Workers Of Nigeria (AUATWON) have shutdown operations over low fares. The strike, which began on Wednesday, was…
World Bank: Nigeria’s economic growth too slow to reduce poverty
The World Bank, yesterday, warned that Nigeria’s economic growth is too slow to address the challenge of extreme poverty in the country. Meanwhile, the bank has retained its economic…
‘FG has a solution’ – Oshiomhole speaks on hardship caused by petrol subsidy removal
Adams Oshiomhole, former governor of Edo, says the federal government has a plan to cushion the effect of petrol subsidy removal on Nigerians. On Sunday, a federal government delegation…
