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Nigeria’s Electricity Workers Call Off Planned Strike After FG Agreement
After Adebayo Adelabu, the ministry of power, intervened, the Nigeria Union of Electricity Employees (NUEE) halted their planned industrial action.
The NUEE ordered its members nationwide to cease their services on September 25.…
CBN May Cut Monetary Policy Rate, Say Analysts
According to analysts, the Central Bank of Nigeria's (CBN) Monetary Policy Committee (MPC) may progressively reduce the MPR by 50 basis points during its September 22 and 23 meeting.
They warned that even while the naira has stayed…
Truck Transit Parks Generates $1.7m Annual Savings for Nigeria’s Maritime Sector
Before the tech system was introduced in 2021, Trucks Transit Parks lost ₦2.5 trillion a year owing to inefficiencies. According to Jama Onwubariri, Managing Director, the company saves $1.7 million a year for the maritime industry with…
CBN Licenses Firm to Expand SMEs’ Access to Credit
In accordance with the Bank and Other Financial Institutions Act (BOFIA) 2020, Apices Finance Company Limited has been authorized by the Central Bank of Nigeria (CBN) to function as a finance company.
On Thursday, the CBN's director of…
Group Accuses EFCC of Shielding Kyari in $4B Refinery Scandal Cover-Up, Demands Strict Prosecution…
By Tope Kolawole
No fewer than 500 lawyers, professionals and civil rights activists on Wednesday stormed the headquarters of the Economic and Financial Crimes Commission (EFCC) in Abuja calling for strict and continuous…
Coalition Stands with Dangote, Vows Lawsuits Against Coercive Tactics Towards Workers and Condemns…
By Tope Kolawole
A coalition of civil society organizations has rallied behind Dangote Petroleum Refinery, denouncing the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) for what they described as “economic…
Dangote Refineries: Economic Rights Activists Condemn NUPENG, NLC over Threats of Nationwide Strike…
By Tope Kolawole
The Economic Rights Activists (ERA) have strongly condemned the Nigeria Labour Congress (NLC), the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG), the Petroleum Products Retail Outlets Owners…
Naira Global Shift: CBN Lifts Card Restrictions as Reforms Fuel Dollar Inflows
The resumption of international transactions on naira-denominated debit cards by Nigerian banks marks a significant milestone that indicates restored trust in the nation's economy after years of stringent limitations brought on by dollar…
EFCC To Arraign Bobrisky For Alleged Money Laundering Friday
The Economic and Financial Crimes Commission (EFCC) on Thursday filed a six-count charge against Idris Olanrewaju Okuneye popularly known as Bobrisky.
Bobrisky will be arraigned on Friday before Justice Abimbola Awogboro of the Federal…
Kano govt charges Ganduje, wife with $413,000, N1.38bn bribery
The Kano State Government has filed criminal charges against the immediate past governor, Abdullahi Ganduje, over alleged $413,000, N1.38bn bribery.
The state said it had assembled 15 witnesses to testify against Ganduje.
Joined as…