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Anambra Announces N18m House Repainting Competition for Onitsha Landlords

The Anambra State Governor, Chukwuma Soludo, represented by his Deputy, Dr. Onyekachukwu Ibezim, issued a stern warning to landlords in Onitsha against defacing...

FinanceWorld

Germany Becomes World’s Third-Largest Economy, as Japan Slips into Recession 

Germany has overtaken Japan as the world’s third-largest economy, following Japan’s unexpected slip into recession. Japan’s economy contracted by 0.4 per cent in...

BusinessNews

Breaking: NUPRC Ordered to Relocate Some Depts to Lagos

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has received a directive to move part of its operations to Lagos. The memo seen by...

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Northern Monarchs Warn FG over Hardship and Insecurity in the North

Monarchs from the Northern Traditional Council, led by the Sultan of Sokoto, Alhaji Muhammad Sa’ad Abubakar have sternly warned the Federal Government that...

News

Amidst Erratic Power Supply, NiMET Warns of Prolonged Heatwave in Nigeria

The Nigerian Meteorological Agency (NiMET) has forecasted that the scorching temperatures being experienced in the country presently will continue for an extended period....

BusinessNews

Paramount Global Lays Off 800 Employees to Cut Costs

Paramount Global has announced that it laid off approximately 800 employees, constituting around 3% of its staff. This significant workforce reduction is partly...

FinanceNews

Nigeria’s Crude Oil Production Dropped in January 2024- OPEC

The Organisation of Petroleum Exporting Countries (OPEC) has disclosed that Nigeria experienced a decline in crude oil production in January 2024. The intergovernmental...

FinanceNews

Auditor-General Asks CBN to Account for $4.5b Missing from Foreign Reserves

The Auditor-General of the Federation, Shaaka Kanyitor Chira, has queried the Central Bank of Nigeria (CBN) about a substantial $4.5 billion missing from...

BusinessNews

FCCPC Backs N10.5bn Fine on DisCos over Billing of Unmetered Customers

The Federal Competition and Consumer Protection Commission (FCCPC) has urged stronger sanctions against 11 electricity distribution companies (DisCos) for failing to comply with...

BusinessNews

NCAA to Set Up Committee to Tackle Outrageous Airfares

The Nigerian Civil Aviation Authority (NCAA) has announced plans to address the frequent rise in airfare costs. On Monday, Chris Najomo, the acting...

FinanceNews

NLC: “New Minimum Wage Should be N1 Million Due to Hardship”

Nigerian Labour Congress, NLC, has indicated it might push for a new minimum wage of up to N1 million for Nigerian workers. The...

BusinessNews

“We will Close Borders to Stop Food Shortage”- Kyari

Abubakar Kyari, the Minister of Agriculture and Food & Security, has disclosed that the Federal Government is considering closing the nation’s borders to...